Transfer embargo

This is total nonsense. I quote from the LT:

"The club have finalised the accounts, which have been complicated by the Reds’ recent financial problems, but have been awaiting final confirmation of the opening balance for the year from their accountants. That is now said to be imminent.

Managing director Dave O’Neill has been working on the accounts..."

From reading this, the only thing that has been finalised is their operating statements (i.e. their P & L) for the year 2008/9; if they have not yet agreed upon a revised opening balance then they have not yet agreed upon their accounts. But even allowing for that, for a company with a turnover of less than £1m then I am absolutely perplexed as to why it has taken a year to agree on what cash came through the door and what went out.

Other than that, we've all been here before and got the T-shirt. How can we forget O'Neils statement last October that the HMRC dosh was all but collected in full when in reality only £90K or so was there and had it not been for IK and PM turning up at the court there would now be no ASFC. This man is an absolute disgrace.
 
This is worrying: "We might be a little behind in terms of tax due at the moment...".

Does it mean that O'Neill doesn't know, despite the state-of-the-art accounting system that the club's had for two years? Or does it mean that we are, indeed, behind with our payments? And, if so, is there any arrangement with HMRC to pay them late?

Don't these journalists ask obvious questions any more? Or has he just printed a club press release and stuck his name on the top?
 
MikeA said:
This is worrying: "We might be a little behind in terms of tax due at the moment...".

Does it mean that O'Neill doesn't know, despite the state-of-the-art accounting system that the club's had for two years? Or does it mean that we are, indeed, behind with our payments? And, if so, is there any arrangement with HMRC to pay them late?

Don't these journalists ask obvious questions any more? Or has he just printed a club press release and stuck his name on the top?
Click to expand...
Well late last night Telegraph Reporter who seems to be a member here, was online reading the latest stuff online, so i would reckon the answer is yeh,:rolleyes::D just checked it wasn't the guy who printed the article, it was a lady who was online,perhaps his labourer. lol
 
Last edited:
Wynonie Harris said:
He's got a new one to add to his little armoury of phrases now..."we might be able to get it all boxed off by the end of the week.” ;)
Click to expand...

And that chap 'STANLEY HOPE' featured in the Headline again !!...and I note that your quote Wyn starts with..'HOPEFULLY we MIGHT (I don't care much for that word either !) be able to get it ...etc..etc.
In all hopefulness, I really do hope that whoever reports on our Chairman (?)'s pronouncements would for once refrain from hoping that 'STANLEY HOPE' will sort the whole situation relating to Club Accounts, HMRC and Embargos to everyones satisfaction !...STAN is the Man !....I Hope !!.

Salutations to you !!
 
How good will it be finally for Coley to be able to start to wheel & deal and the squad begin to take shape?

It should be a great that he will be boosted by the money recieved from the Bobby Grant move to Scunthorpe as promised!:alright:
 
Pendle Red said:
How good will it be finally for Coley to be able to start to wheel & deal and the squad begin to take shape?

It should be a great that he will be boosted by the money recieved from the Bobby Grant move to Scunthorpe as promised!:alright:
Click to expand...
Sorry PR but if you think JC is going to get a penny of the Bobby Grant fee, I think you are sadly mistaken. It has been admitted we are late with the taxman again! I think if and when this money is given to the club, it will be used to pay the bills and wages of the players. I fear JC will be looking in the freebie market again, not that this is a bad thing, as he has unearthed some gems in previous years:o
 
Pendle Red said:
How good will it be finally for Coley to be able to start to wheel & deal and the squad begin to take shape?

It should be a great that he will be boosted by the money recieved from the Bobby Grant move to Scunthorpe as promised!:alright:
Click to expand...
Ya mean same as they do at "ALL" league clubs mate? agree it will be good, but its sad we have to think that way.
 
Thought I read somewhere that Rob Heys said we were close to being self sufficient and the Bobby Grant money would be made available to John Coleman!!!! Oh well, there's always next week !! We live in hope.
 
He didn't say which week would be 'the week' though WH - you know he doesn't like to tie himself down to specific dates :)
 
"Not long now."

One of the most over used cliches on the Sheffield Wednesday Forum - mind you they're talking about the series of proposed take overs that's been going on for longer than War and Peace.
 
Outback Ozzy said:
Sorry PR but if you think JC is going to get a penny of the Bobby Grant fee, I think you are sadly mistaken. It has been admitted we are late with the taxman again! I think if and when this money is given to the club, it will be used to pay the bills and wages of the players. I fear JC will be looking in the freebie market again, not that this is a bad thing, as he has unearthed some gems in previous years:o
Click to expand...

It's only what I read:o

Accrington Stanley promise to hand Grant funds to Coleman (From Lancashire Telegraph)

Accrington Stanley June 24th "Stanley Agree Grant Compensation" in Archive section

;)
 
Last edited:
You must log in or register to reply here.
Back
Top