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Looks like some bad news
Companies Court Winding Up List
Wednesday 2 September 2009 It is emphasised that the following list is provisional and subject to change until 4.30pm. Any alterations after this time will be telephoned or emailed direct to the parties or their legal representatives. THE DAILY LIST COMPANIES COURT COURT 54 Third Floor Thomas More Building Before CHIEF REGISTRAR BAISTER on Wednesday 2 September 2009 Robed at 10:30 am 9306 /2008 M & D Engineering 9880 /2008 City Property Partnership Limited 10731 /2008 Pablo Star Limited 256 /2009 BLV Realty Group II Limited 11767 /2009 Visual Imagination Limited 11790 /2009 Fovitor International Limited 11965 /2009 Gresham Limited 11997 /2009 Latitude 50 Limited 12211 /2009 R & D Designs Limited 12235 /2009 Silver Star (London) Ltd 12331 /2009 Tomlander Engineering Limited 12612 /2009 Exclusive Staff Bureau Limited 12736 /2009 Frazer-Nash Research Limited 12849 /2009 The Pentworth Pub Co Ltd 12921 /2009 Fleetlands Ltd 12925 /2009 Yorkshire Refurbishments Limited 12977 /2009 Szealots Corporation Ltd 13014 /2009 Frank Saul (Fashions) Limited 13033 /2009 Pine Forest View Limited 13069 /2009 Hyder Construction Limited 13165 /2009 Nordic Inns Limited 13183 /2009 CB Construction Services Limited 13221 /2009 Mercury Control Limited 13298 /2009 True Build Scaffolding Limited 13381 /2009 Red Fox Property Limited 13388 /2009 Redemption Records UK Limited 13415 /2009 Accrington Stanley Football Club Limited :eek: 13417 /2009 Hallco 884 Limited 13419 /2009 Geo.W.King Limited |
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I thought this matter had already been sorted out?
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Heres the full list, all to be heard within about 2 hours, would have thought they are just making sure we are sticking to the agreement and have paid on time etc.
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THE DAILY LIST |
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the hearing started at 10'30 and by dinner time we may not have a football club
it all depends on how the HMRC want to play but The Don has accepted the offer made by ASSF to provide the funds to clear the debt. It is by no means categoric but the upshot will be that ASSF will become the majority shareholder at ASFC very shortly. If the grim reaper allows it. There will be time for repercussions later but for now it is cross everything time. |
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So what happened to the agreement to pay it off monthly :confused:
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<<shrugs shoulders>>
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Hmmm this
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8 week adjournment
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Is that the plan then, get 8 week to find the funds - ie the important fund raising :confused: |
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the 8 week adjournment will give us the necessary time to sort ASSF as the majority shareholder. This was crucial to the court hearing.
The club plays on .... |
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So is O'Neill no longer in charge?
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Who said being a Stanley fan is like a rollercoaster ride? They were right! I was sitting here five minutes ago, happy about last night and cautiously optimistic for the future. Now, I'm all of a tis-was again! :confused:
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Me too.Thought they were happy with a monthly payment.What has changed?Perhaps we need to speak to all the other clubs who have been in this situation,yet survive eg Leeds,Bradford,Darlington,Rotherham,Chester etc etc etc !!:confused:
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It's official...
Accrington Stanley given eight weeks to find £308,000 (From Lancashire Telegraph) No mention of the ASFF though? |
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If the IR accepted the offer to have it paid back over 12 month how the hell can they reject it now :confused:
Have we missed a payment :eek: |
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If we owed the taxman £300,000 originally in May and now we have an ultimatum to pay £308,000 in eight weeks, surely this means that we haven't made any of the monthly payments over the last three months!
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LOL, never thought of working it out :)
Has the FF got 308K in? |
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I think there may be an amendment to the statement that we have to pay in full - I am now informed (reputable) that we have to pay a large portion of it within the 8 weeks - rather than the whole amount. It's not 100% confirmed yet though.
ASSF will instigate an official valuation (third party) of the club at which point we can arrange for a new share issue to take place whereby ASSF becomes a majority shareholder. The money we input through the new share issue will remedy the tax bill. And in full I would have thought. Then OUR fundraising will begin in earnest to put the club back upon the correct footing it should be on |
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so we hav a cub untill nov so we need to bring a m8 call to the ground for rest of 8 weeks
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- points here we come -17 or 10 then down we go
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If only it were as simple as getting a points deduction.
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northwest counties afc stanley more like ...thank ew.
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Is it ASSF or ASFF as different people use different initials.
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Company Name - Accrington Stanley Supporters' Fund Limited |
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ASSF : Accrington Stanley Supporters Fund
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see above replies to Baggy :)
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If the ASSF does become the majority shareholder via a new rights issue, I, for one, will be sorry if we lose the D'ON as the (Joint) Chairman as a consequence of this. The change in the mood around the Club has been dramatic since he took over, but having rejected Ilyas' money at the start of the summer and consistently ruled out a new right issue ever since, would he want to continue as a Chairman without any control?
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Have we not learnt anything yet, after the 1962 diabolical and the recent episode with Eric you would have thought we would have ensured that all threats where minimised. It’s time for a general share issue with the intention of raising the greatest possible amount of money for the club; I want to see the ASSF flourish but I don’t believe that all of Stanley’s eggs should be in one basket. Maybe the price needs to be over inflated so that the individual Accrington Supports can hold their own shares as well as being an ASSF group share holder, Fundraising ideas are fine if time is on your side; but if we arse around now and the excise man looses patents with us. Its Over.
And; what the **** happed to openness….. |
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And; what the **** happed to openness…..
Perhaps the door was locked from the inside? |
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Talking of openness, why is there nothing on t'fishy site about these momentous events yet? And isn't it time the ASSF had its own site? If the club (or the fund) want us to help, they must keep us in the picture!
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One crucial thing I don't understand: Have we missed a payment outlined in our agreement or have HMRC all-of-a-sudden waived the agreement and demanded full payment of the total sum? |
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BBC SPORT | Football | My Club | A | Accrington | Accrington given Revenue deadline No mention whatsoever of the ASSF or new share issues? The whole thing is starting to worry me more and more, as it appears that the ASSF and the club are singing from different hymnsheets? :confused: |
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D'ON isnt chairman if i recall, Marcelle is the chairperson of the club.
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The BBC article with Rob is full of the usual bluster and wind and still hasn't told us what actually needs to happen. Treat us like crap and people will turn their backs when the bucket comes round. Be warned. We know that the club is doing their absolute best to remedy the situation but telling us lies and half truths just doesn't cut it any more. Please be men about this, stand up and tell the people what is going on - the full ugly truth please. ASSF is standing by with the cash to bail them out, but they simply have to be prepared to lose something for it. As far as I know, worst case scenario, would be that the revenue seek to wind us up in 8 weeks if the debt/% is paid. The next stage would be administration where the administrators, receivors or whatever will come in and attempt to asset strip us in order to pay what they can. At that point we would have received a points deduction which would seriously jeopardise our league status. I think that at this point the administrators would attempt to sell the club to the best bid. Which would be ASSF. But by then it would be hoped that we had already secured the club. The quickest and simplest way would be for the Don to sort it today and get the contract signed for ASSF to come onboard NOW and pay the debt off NOW. This morning we (ASSF) knew where we stood and what was happening, but certain things coming to light seem to suggest a promise has been reneged on. |
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Cheers for that, Rob. Highly informative and, in many ways, worrying post.
Right, D'On, over to you! If you truly care for the club, you know what you have to do! |
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Just emerged from hibernation with a new outlook on life its been over a year since I was last on here and I bet you've all missed me (not) Just a note hope this does'nt upset coley and the players too much as its hard enough fighting to stay in the football league when you have got no financial worries!! Hope coley can keep the boys focused and I would be willing to invest a few grand if it means saving us from oblivion!!
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Some kind of official statement wouldve been appreciated by now:(
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well put simply its sh1t or bust time, time to stop fannying around n do whatever it takes to keep the club in existance, it needs sorting PDQ, n if it takes n extra share issue to be certain, then fer christ sakes get it done.:(
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Buckets my arse, your still living in the Whalley era…….Wake the **** up Stanley, 8 weeks - 308.000.00 or your all unemployed. Fight, negotiate, beg or sell yourselves on match days; but do something NOW or We "Proud Stanley" Die.
TM; I refer you back to a comment I posted sometime ago…… |
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Why can't ASSF buy one share and then inject money with a view to get it returned if they wanted. Or could ASSF pay off the debt on behalf of Stanley.
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20 members and 49 guests... There really is only one Accy Stanley..........
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The more I read of this issue the further away my hand is from my pocket; my guess is that I won't be alone.... |
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Your first post is spot on Doug and as for your second, well if only :rolleyes:
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Club statement ( Friday 29th May 2009 )
http://www.accringtonstanley.co.uk/gfx/news/ball.gifhttp://www.accringtonstanley.co.uk/gfx/news/line.gif HM Revenue and Customs debt Accrington Stanley have received notice of commencement of winding up proceedings issued by HM Revenue and Customs in respect of unpaid tax and national insurance contributions of around £300,000, to be heard in the High Court on 10th June, 2009. :confused: Taken this from the fishy site,With to days new figure of £308.000 shouldn't there be a £50,000 minus on that bill with what has been given to the club as a loan by two different parties,one would think so if not then like otheres have said whats happened to the £50k...........Time to come clean about the whole sorry buissness be for its to late! £38k aweek for the next 8 weeks HOW |
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How many more wrong impressions are we going to have to endure? Wrong impressions about player registrations. Wrong impressions about Fraser Eagle shirt sponsorship. And now wrong impressions about our debt to HMRC. These wrong impressions have already cost us a fortune - and now they seem to threaten the very existence of the club.
Why is the club controlled by people who seem to rely on impressions in order to run the club? Why is there no definite knowledge? Does the club not have legal advisers? Or did the club in fact KNOW what the agreement was with HMRC but, for reasons as yet unkown, failed to keep to the agreement? Collect £308,000 by bucket collections? What planet are these people on? "Matches against significant opposition"? Most "significant opposition" already complains about fixture congestion. A meeting in the next 24 hours to discuss fund raising? Why have such meetings not been held already? What evidence is there that the high-profile appointments have achieved anything? Why does the club not approach some of the rich and famous who were at the QPR match to request a donation or at least an interest-free loan? Surely Bernie Ecclestone et al would have been impressed by the Stanley performance and fans, and would not be averse to helping out even on a short-term basis? A whole series of questions. Answers, please. |
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I am sorry, but playing friendlies with other clubs just does not cut the mustard. Nor does bucket collections. Yes they will get some money, but nowhere near enough. £300k is a lot of money for a team that has none to find in 8 weeks. Time for Rob Heys and the D'On to talk to and accept the deal from ASSF now not in 8 weeks time. This is not good enough and certainly will not help in bringing in fresh support and sponsorship. There needs to be transparency as to where the 2 x £25k donations have gone. If they haven't been paid to IR then why not as that is what they were given for at a time when there was no money coming into the club. We, the supporters, and especially those of us who have been through this dilemma once before, do not want a similar situation arising again. If this was the fundraising issue that was raised on 2BR last night, then that was in poor taste IMHO.
The board must get off their corporate a**** and sort this out now, even it is an unpalatable solution to them. Get the fans on board and at least listen to them. Poor do in a week that the club scream and shout about £1.2m to refurbish the ground and the players do the club proud even if it is in a micky mouse tinpot trophy game. No good hoping for a big club next round, because the biggest is Leeds and I cannot see them having a full ground (assuming we draw them away) and us getting a big enough share of the spoils to pay off the bill. LETS STOP PUSSYFOOTING AROUND - talk to Ilyas and the ASSF NOW. |
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Can't quite believe this. On a big high after the result last night and now really worried that this time it could be the end. :( So worried that this is my first ever post.:confused:
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I think it would be asking to much to expect David O’Neil to **** his investment away after only a few short months, the ASSF taking a controlling share would be to much to ask, however, he does now need to speak openly to those who may wish to invest privately and via the ASSF, if Mr. Khan is prepared to put up 250k to save the club another embarrassing death then now’s the time to do it, no games, no ****ing about; get round a table and find a solution that makes all sides comfortable. Please, one of you pay this debt off now.
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Maybe the DOn has had his chance. I have been reluctant to say this but maybe now is the time. The managerial ineptitude that characterised the later Whalley years is deep-rooted within the club. |
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A.S.S.F. have more than once offered "Cash for Shares" What more can we do??? |
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My 2p worth, seen as Bagpuss asked so nicely.
All our efforts so far this season have been in vain. We've been shafted by the suits. From the highs of QPR & last night, the only news on Stanley that made Granada Reports was that we owe money. Debtors, Skint, Ran Badly, Tin Pot, clueless, shi tty little Accrington Stanley....... Now, all I want is a club to be PROUD of..... If we can't afford a league club then lets admit it..... Then either get help to stay here (in the League) or cut our cloth accordingly. I don't mind watching Accrington in Non League, I have done it for years. What I do mind is NOT having pride in Accrington Stanley. And with every minute this ****e drags on it erodes that pride immensley....... I will always follow Accrington Stanley in whichever guise, so "SUITS!" sort it please this time with HONESTY & INTEGRITY |
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He daren't even look at what is happening around him Cowboy!.. As for me ?,Well I am as bemused and confused as everyone else by the reported happenings regarding the Financial Administration of the Club, and by the projected consequences voiced by many who know more than I, in relation to it's future viability. However I do feel that if ever there was a collection of circumstances which definately demand total openness and honest communication between the Club and it's supporters, then these are they !!. So many of us are so obviously feeling the reflected hurt which Accrington Stanley, as that entity which means so much to us, has suffered from the many shattering setbacks which have beleaguered it over the past year. As one of many who would seek to support the club in it,s current woes, it is essential that the Truth behind these problems, and the projected healing of them, is published for all to see !!. As for optimism Cowboy, I'll just polish up my Red-Coloured Spectacles...get Alfred.E. to turn his face back to the world...and join my good friend Wynonie on the Rollercoaster !....who knows, when we get off things just might be better !....LOOK TO THE RAINBOW !! . 'ON STANLEY!...ON !!' |
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He daren't even look at what is happening around him Cowboy!.. As for me ?,Well I am as bemused and confused as everyone else by the reported happenings regarding the Financial Administration of the Club, and by the projected consequences voiced by many who know more than I, in relation to it's future viability. However I do feel that if ever there was a collection of circumstances which definately demand total openness and honest communication between the Club and it's supporters, then these are they !!. So many of us are so obviously feeling the reflected hurt which Accrington Stanley, as that entity which means so much to us, has suffered from the many shattering setbacks which have beleaguered it over the past year. As one of many who would seek to support the club in it,s current woes, it is essential that the Truth behind these problems, and the projected healing of them, is published for all to see !!. As for optimism Cowboy, I'll just polish up my Red-Coloured Spectacles...get Alfred.E. to turn his face back to the world...and join my good friend Wynonie on the Rollercoaster !....who knows, when we get off things just might be better !....LOOK TO THE RAINBOW !! . 'ON STANLEY!...ON !!' |
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I am as sickened as everyone else by this turn of events, but, taking a slightly more positive (or perhaps, naive) view......
Is it not possible, knowing how long-winded our High Court system operates, that today's hearing was 'booked' at the time of the alleged 'pay monthly' agreement, on the basis that, just in case we hadn't paid, then they would wind us up........and the adjournment for eight weeks is to ensure we continue to pay???? As I say, I may be being naive, but answers from those concerned should be forthcoming as a matter of extreme urgency, before the club suffers even more damage. |
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What terrible news to wake up too (me)..evenworse for you over there at the battlefield. Can't believe the Don has allowed this to happen after just 5 minutes in control.After all, how long was he at the club for prior to taking over? Surely he knew how the finances 'flowed' ? I'm picking the taxman 'moved the posts' so to speak. Its happened to me.
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I have thought about this and I cannot see any other way of paying of this debt than to let ASSF buy some shares. Friendlies cannot be arranged and played as this will carry other costs, we've already played Burnley and Blackburn. Preston won't want to play us as they have a tight fixture schedule. Getting buckets out won't raise enough money I remember one club did it to raise a few thousand not a few HUNDERED thousand, but believe me if it worked I'd use my own bucket and stick he money i'll get from refereeing into it straight away. If ASSF bought some shares enough to get someone on the board to watch where the money is going but enough to keep D'On in charge it would be a perfect solution for all and as fans the money won't be the first thing they want back as the club existing is surely more important. Let's get some proper sponsorship in i.e. a national company, who want to gain some brand loyalty e.g. Tesco.
Anyway it's not up to me ... I just don't want to see the club go away. |
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Trouble is it doesn't seem like our directors have been signing any
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Well, if the taxman has moved the goalposts (and I wouoldn't put it past 'em) amd Stanley have paid their installments, how come the amount outstanding has RISEN from £300,000 to £308,000?
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Not only sponsors, but all those already saying their hand is now further away from their pockets (i.e. the 'ordinary' fans, those most likely to contribute to ASSF) are basing their decisions on what they see on Granada News, rather than what we SHOULD be told by those with the knowledge to avert any further negativity all round. |
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Say it was £315,000 and the club paid off £50,000 then with more inland revenue payments since the payments were made it could be that the £50,000 has paid 3 months of tax instead of 3 months worth of debt
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From what Macca was saying this morning, the agreement for a new share issue and the ASSF becoming the majority shareholder was agreed in principle, so why the hell don't the club honour it?
As Macca said, the money is waiting and we desperately need it to ward off the taxman. Once that's out of the way, any further fundraising could be devoted to the day-to-day running of the club. It's the only viable solution to this mess. |
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After listening to and reading the interview with Rob Heys on the BBC website and reading the posts on this thread, I can only echo the calls of not just derision about the wholly sorry situation, but the calls made by many for transparency and openness by the club.:confused:
As of 19:00pm...no still no announcement on the clubs official website.....we all know that in recent times that for whatever reason the website has been a little slow in being updated!!!.:( But for an article / event of such magnitude, it beggars belief that there is not so much as a brief article on there.....maybe the officials within the club are wondering what to write, but it's truly staggering that there's not even a brief statement acknowledging the gravity of the situation and informing of proposed plans??? Telegraph article quotes "emergency meeting planned" ??? Held by and between who ????:confused: As for some of the ideas quoted on that article...I can only echo the sentiments of others. Friendlies of the size and magnitude which will go a long way towards clearing the debt ?? Reality check folks.... the time to sort such fundraising games was back in MAYor early JUNE when maybe there might have been a remote chance that one of the sides with the clout to fill that category may have offered a PRE-SEASON game to help out !!!! But to now go around stating the club are looking into that possibility after the season is well and truly up and running smacks of desperation......:eek: Bucket collections ??? Whilst every little may help, that avenue of fundraising isn't going to lead to salvation in this situation and neither will, as has been suggested on another thread sponsoring the seats, oh yeah...bone of contention having to put them in, waited till the very last minute until doing so but even at £20 quid a throw as suggested that only raises £40K !!!!:confused: The club knew for THREE SEASONS that the seats had to go in....but albeit under different stewardship (i.e E.W ) the club preferred to bury it's head in the sand so to speak, hoping that we would get dispensation for extra time.....a.k.a. police control box. O.k. .....Yes we lost money from the Fraser Eagle situation, granted we had to shell out £60K or whatever figure was banded around to put the seats in....but I'm more than concerned by what I heard in that statement I've just listened to.:o As before ( forgive me for repeating the obvious ) am I mistaken in just hearing Rob Heys quoting...."the club are hoping to pay a significant amount off this debt" ...a figure of £200K was mentioned...." and the club hopes to negotiate further time to address the balance".....assuming of course the fundraising ideas come up with the neccessary collaterall to support this option..... INCREDULOUS !!! ......For what I think of that read the preceeding two paragraphs before the last....have these people no sense of deja vu ?? The Football League stated the timescale required with the seats........ the council have been a little more obliging with the control box...... but the inland revenue ain't going to be so obliging if that money isn't found in the timescale set!!!!:( And from what I heard the club seem to be stating (via this article and the way I understand it to state )that Mr O'Neill will look at all all options open to him. I can appreciate that he made a significant investment,a share issue will mean that he will probably lose control of the club and with it he loses his investment, however what I read and heard in that article suggests that the supporters trust money will only be used as a last resort....... If the winding up order comes then there will be NO CLUB TO LOSE CONTROL OF!!!:eek: Well folks.. the clock is ticking...8 weeks to save the club !!! One final thought... it may have escaped the attention of those who are at the helm in these desperate times, but i'll leave with one final phrase.... " FAMILIARITY breeds CONTEMPT !! " |
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'IF' my scenario is correct, the 308k could have been the amount owing when today's hearing was booked, I.E. before any payments were actually made. There I go, being naive again!! ( I really wish I could believe myself!!) |
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He also said that the Inland Revenue had been "getting pushy" about the debt over the last few weeks, so this problem with the taxman is something that the club have known about for a few weeks, at the very least. |
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The club has NOT PAID the tax man a penny, hence todays action..............lets be quite clear on this.
Where has the money that both the Professor and ASSF Ltd (some £50k) gave in loans gone?Where is the transparancy that the DON was at pains to 'hammer home' to all of us at the last public meeting gone? What the hell are they playing at?..............these questions demand honest, and imediate answers. The only way forward is the share issue asked for and offered on so many occasions by the ASSF, stop pussy footing around and get it bloody sorted.................oh and finally to the 'new' regime I would remind you that 'Pride often comes before a fall'..........swallow it,admit the failings and lets get it sorted NOW. |
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It was obviously brushed under the carpet last time & now "we hope that if we pay a chunk off then it will be ok"..... Thats one helluva hope....
The other thing is whilst this mess was rumbling on, some mad man was releasing to the press plans for 1.2 million pounds of ground improvements...... |
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They THOUGHT it had been accepted? Did they not check, double check and triple check? Did they not get it in writing? If they take such a casual approach to life-and-death matters like this, it's no wonder the club's in this desperate position. |
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I'm keeping out of this, but Whalley Red is quite right in reporting what Rob said on the radio today. The £25,000 a month thing was only a verbal agreement and was never a signed deal. In light of that, why would the club make random payments before the deal was officially completed?
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cmon Mr T, you are viewing this thread...............what the hell is going on?
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wages per month total out at nearly £50,000, tax for this month, utilitys and other fees. The clubs income atm i would guess is less than 25,000 per month. Then loan repayments ect.
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The reason why they never made a formal agreement or 'contract' is because you cant really do that with tax..
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I usually think I'm good with words but having read the interview on the BBC site they're failing me just now - my heart's with you all in Accy (and points N, S, E, W & NZ) and my fingers tightly crossed.
On Stanley On ... |
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What really, really worries me is that the club are talking about raising £200,000 (from bucket collections and friendlies?) and "hoping" that satisfies the taxman in 8 weeks time. In other words, they're taking a gamble on the very existence of our club...
...AND THE MONEY'S WAITING THERE IN THE ASSF FUND!! :mad: :mad: :mad: I don't know about you lot, but I'm getting angrier by the minute. |
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HERES the interview if you missed it
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(Now there's a thought, would they invest?? In your dreams, they only want winners!!) Maybe it will all look better in the morning! |
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I believe that Peter Shaw, chair of ASSF Ltd, gave an interview on radio lancs this eve, did anyone hear it or have a link to it please? |
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Im still in a state of confusion & shock over all this. This is so much more than rattling buckets, fund raising for pennies & pounds, unless rattling a millionaire's spare change piggy. Serious **** this is & nothing on the realm of the half time announcement either - worrying times indeed now, unless a millionaires piggy bank can be found which would just leave the assf. Think serious action needs to be adopted soon,as all the hard work would be undone as far as local support interest, supporters, ultra's etc especially after great reviews from bigger clubs, will we have a club to support? Shame as im seeing an increase in stanley interest locally.
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Re: Looks like some bad news
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I disagree with the poster who says that a contract cannot be made with HMRC. Payments can be made in a manner that has been agreed. But it seems that the powers-that-be at ASFC do not know what was agreed. How could progress possibly be made in ignorance? |
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