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THIS MILLION POUND HMRC PAYMENT

Tue Feb 09, 2010 1:07 pm

From what I can see, when the HMRC demanded the payment of 2.7 million pounds we owed them, this was some time in November. According to the alleged e mails, PR was amking promises this would be paid in ful, blah blah blah.

It is now February, and considering our monthly tax liabilities are over half a million pounds per month, to my calcualtions, even if we pay them a million pounds up front today, then we still owe them 2.7 million pounds as we did in November, worrying really, we don't seem to be putting a dent in any of our liabilities and how are we ever likely to when in the main all future income for the forseeable future is either used up or spoken for.

Re: THIS MILLION POUND HMRC PAYMENT

Tue Feb 09, 2010 1:10 pm

BigGwynram wrote:From what I can see, when the HMRC demanded the payment of 2.7 million pounds we owed them, this was some time in November. According to the alleged e mails, PR was amking promises this would be paid in ful, blah blah blah.

It is now February, and considering our monthly tax liabilities are over half a million pounds per month, to my calcualtions, even if we pay them a million pounds up front today, then we still owe them 2.7 million pounds as we did in November, worrying really, we don't seem to be putting a dent in any of our liabilities and how are we ever likely to when in the main all future income for the forseeable future is either used up or spoken for.

totally agree, the sheer scale of our debts, means we can not come close to paying any unless malaysians take over, wether its today/tomorow or in a month with risdale hear we are fucked.....were doomed, ' yes we are doomed' :twisted:

Re: THIS MILLION POUND HMRC PAYMENT

Tue Feb 09, 2010 1:35 pm

DO YOU HONESTLY THINK THESE MALAYSIANS WILL INVEST come on think about it would they let this fiasco carry on pie in the sky

Re: THIS MILLION POUND HMRC PAYMENT

Tue Feb 09, 2010 1:44 pm

BigGwynram wrote:From what I can see, when the HMRC demanded the payment of 2.7 million pounds we owed them, this was some time in November. According to the alleged e mails, PR was amking promises this would be paid in ful, blah blah blah.

It is now February, and considering our monthly tax liabilities are over half a million pounds per month, to my calcualtions, even if we pay them a million pounds up front today, then we still owe them 2.7 million pounds as we did in November, worrying really, we don't seem to be putting a dent in any of our liabilities and how are we ever likely to when in the main all future income for the forseeable future is either used up or spoken for.


Your right Gwyn, the tax bill as of 2 weeks ago was close to £4m and will only increase over the next few months. Add to this the players and 'office' staff wages, I can not see how we will continue to trade for the rest of the season.

Worrying times ahead, even if we manage a short term fix to this current tax liability.

Re: THIS MILLION POUND HMRC PAYMENT

Tue Feb 09, 2010 4:09 pm

We WILL go into administration.

I can't see any way around it!

The Malaysians will wait until that happens and pick the club up for monkey nuts.

Re: THIS MILLION POUND HMRC PAYMENT

Tue Feb 09, 2010 4:12 pm

BigGwynram wrote:From what I can see, when the HMRC demanded the payment of 2.7 million pounds we owed them, this was some time in November. According to the alleged e mails, PR was amking promises this would be paid in ful, blah blah blah.

It is now February, and considering our monthly tax liabilities are over half a million pounds per month, to my calcualtions, even if we pay them a million pounds up front today, then we still owe them 2.7 million pounds as we did in November, worrying really, we don't seem to be putting a dent in any of our liabilities and how are we ever likely to when in the main all future income for the forseeable future is either used up or spoken for.



Your totally right Gwyn, The DEBTS WONT GO AWAY WHILE PR IS STILL HERE INFACT THEY WILL ONLY INCREASE :evil: