MY POST FROM LAST TUESDAY

IF I WAS THE TAXMAN
by BigGwynram » Tue Jan 05, 2010 6:11 pm

I'd be saying to myself, possibly,allegedly etc.If as a club, you are that confident that things are or will be O.K. in the near future, then why don't the board or major share holders chip in, loan the club the money and then pay it back to themselves ASAP.

We are asking the Tax man to have confidence in the financial management of our club, yet our own directors don't appear to have enough belief themselves, why would we threaten the tax man by saying OK then If you wont give us any breathing space to pay our debts, we'll just go into administration and the secured creditors i.e. PMG will get first dibs.

The people running our club appear all to keen to use the threat of administration as a weapon yet again, this is how they got Sam out, and now they are trying it on with the taxman. I'm sure PMG would be quite happy if it goes into admin as long as they are the first ones paid back.

The directors/major share holders are the ones likely to make the huge profits if the club is sold,so why don't they help out now by putting some of their own money in until its sorted out.They will be happy to walk away with a profit, but not prepared to help out when needed.

BigGwynram

Posts: 311
Joined: Tue Nov 24, 2009 10:17 pm

This was a message I posted last Tuesday, I'm sure Steve Borley must have read it
No major thanks Steve, It's a pity It's all fallen on your lap yet again.

Gwyn is the saviour.

and heres us giving Borley all the credit

sorry Gwyn

Please make any cheques of gratitude out to me, no actually make them out to the CSA and we can cut out the middleman.

Please make any cheques of gratitude out to me, no actually make them out to the CSA and we can cut out the middleman.

IF I WAS THE TAXMAN
by BigGwynram » Tue Jan 05, 2010 6:11 pm

I'd be saying to myself, possibly,allegedly etc.If as a club, you are that confident that things are or will be O.K. in the near future, then why don't the board or major share holders chip in, loan the club the money and then pay it back to themselves ASAP.

We are asking the Tax man to have confidence in the financial management of our club, yet our own directors don't appear to have enough belief themselves, why would we threaten the tax man by saying OK then If you wont give us any breathing space to pay our debts, we'll just go into administration and the secured creditors i.e. PMG will get first dibs.

The people running our club appear all to keen to use the threat of administration as a weapon yet again, this is how they got Sam out, and now they are trying it on with the taxman. I'm sure PMG would be quite happy if it goes into admin as long as they are the first ones paid back.





The directors/major share holders are the ones likely to make the huge profits if the club is sold,so why don't they help out now by putting some of their own money in until its sorted out.They will be happy to walk away with a profit, but not prepared to help out when needed.

BigGwynram

Posts: 311
Joined: Tue Nov 24, 2009 10:17 pm

This was a message I posted last Tuesday, I'm sure Steve Borley must have read it
No major thanks Steve, It's a pity It's all fallen on your lap yet again.

Great Post Gwyn