The breaking News thread...

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BWFC_Insane
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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 2:48 pm

HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point

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Re: The breaking News thread...

Post by KeyserSoze » Mon Mar 07, 2016 2:49 pm

thebish wrote:so what was the big shock court-reveal that couldn't be tweeted for fear of libel-action???
If it was revealed in court, isn' that a place where absolute privilege is in place unless of an injunction or something? Unless that isn't applicable here.
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Re: The breaking News thread...

Post by Lost Leopard Spot » Mon Mar 07, 2016 2:49 pm

thebish wrote:so what was the big shock court-reveal that couldn't be tweeted for fear of libel-action???
(whisper whisper) I think it has to do with who it was what dropped out, possibly, a certain somebody maybe.
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Re: The breaking News thread...

Post by Worthy4England » Mon Mar 07, 2016 2:53 pm

BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point

Not quite - 1st time we didn't have a preferred bidder iirc, second go we hadn't proved to FL that the preferred bidder had the funds...third go we still haven't proved to FL that preferred bidder has the funds due to a late breaking "drop-out"...(That doesn't strike me as a position of long term stability...), but still not the same position as first go...

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Re: The breaking News thread...

Post by Jugs » Mon Mar 07, 2016 2:54 pm

BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point
Didn't we flog the car park and Euxton? How come we haven't settled the tax bill?

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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 2:54 pm

Davies has filed for admin. Just in case it seems. Judge was told admin would cost 350 jobs.

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Re: The breaking News thread...

Post by Lost Leopard Spot » Mon Mar 07, 2016 2:55 pm

What's This.
Administration!
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Re: The breaking News thread...

Post by Lost Leopard Spot » Mon Mar 07, 2016 2:56 pm

Jugs wrote:
BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point
Didn't we flog the car park and Euxton? How come we haven't settled the tax bill?
Eddie's had it away...
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Re: The breaking News thread...

Post by jonnycooper » Mon Mar 07, 2016 2:57 pm

Admin looking very likely now! Feel sorry for the poor folks that will lose their jobs!! 350 apparently.https://t.co/jKpgWjYihP" onclick="window.open(this.href);return false;
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Re: The breaking News thread...

Post by Worthy4England » Mon Mar 07, 2016 2:57 pm

Jugs wrote:
BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point
Didn't we flog the car park and Euxton? How come we haven't settled the tax bill?
Apparently not - car park generated a "loan facility", Euxton went into the pot to pay some stuff, offices paid off Wonga.

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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 2:58 pm

Worthy4England wrote:
Jugs wrote:
BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point
Didn't we flog the car park and Euxton? How come we haven't settled the tax bill?
Apparently not - car park generated a "loan facility", Euxton went into the pot to pay some stuff, offices paid off Wonga.
We paid off bank debt. Nixon says the car park deal needs looking at. I think there is something very fishy about it.

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Re: The breaking News thread...

Post by Worthy4England » Mon Mar 07, 2016 2:59 pm

BWFC_Insane wrote:
Worthy4England wrote:
Jugs wrote:
BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point
Didn't we flog the car park and Euxton? How come we haven't settled the tax bill?
Apparently not - car park generated a "loan facility", Euxton went into the pot to pay some stuff, offices paid off Wonga.
We paid off bank debt. Nixon says the car park deal needs looking at. I think there is something very fishy about it.
^^ such as?

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Re: The breaking News thread...

Post by Lost Leopard Spot » Mon Mar 07, 2016 3:00 pm

Sport Shield just putting in loans, no shares/equity. Hahahahahaha.... that'll convince him, the judge.

Sorry ^ spot of hysteria there.
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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 3:01 pm

Worthy4England wrote:
BWFC_Insane wrote:
Worthy4England wrote:
Jugs wrote:
BWFC_Insane wrote:HMRC say we've claimed to have been on the verge of a takeover twice before and had two adjournments. And now we are saying the same. They have a point......

HMRC furious that we've had so long to pay an undisputed debt yet haven't yet done so....they have a point
Didn't we flog the car park and Euxton? How come we haven't settled the tax bill?
Apparently not - car park generated a "loan facility", Euxton went into the pot to pay some stuff, offices paid off Wonga.
We paid off bank debt. Nixon says the car park deal needs looking at. I think there is something very fishy about it.
^^ such as?
What was the deal? Was there any money and if so where has it gone? If there wasn't any money yet we told the court we were selling it to pay bills, then why and what the hell has happened?

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Re: The breaking News thread...

Post by Worthy4England » Mon Mar 07, 2016 3:02 pm

If you don't know those basics, how can it be fishy?

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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 3:03 pm

Lost Leopard Spot wrote:Sport Shield just putting in loans, no shares/equity. Hahahahahaha.... that'll convince him, the judge.

Sorry ^ spot of hysteria there.
Not sure how that works, unless the shares are bought as the 15M is paid back? But sports shield would be owners otherwise they'd not need FL approval. So no idea how that works.

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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 3:04 pm

Worthy4England wrote:If you don't know those basics, how can it be fishy?
They need to explain it. That is my point. It was described as a development deal. That needs explaining. How can the club do that when it is facing a wup?

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Re: The breaking News thread...

Post by Enoch » Mon Mar 07, 2016 3:05 pm

Worthy4England wrote:If you don't know those basics, how can it be fishy?
That'll be all those sprats he gets off the twittersphere.

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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 3:08 pm

Lost Leopard Spot wrote:Sport Shield just putting in loans, no shares/equity. Hahahahahaha.... that'll convince him, the judge.

Sorry ^ spot of hysteria there.
Actually thinking about this, they buy the shares for £1. Then loan the business the £7.5M. Which is what Eddie has been doing. That must be how the deal works.

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Re: The breaking News thread...

Post by BWFC_Insane » Mon Mar 07, 2016 3:09 pm

We've paid SOME of the tax bill.

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