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A forum for all things Cardiff City

WH Sports

Sun Mar 07, 2010 11:06 pm

are we allowed to discuss this now Annis or is it a subject not permitted? Just found what u might call an anomaly while reading a few articles and quotes etc ;)

Re: WH Sports

Sun Mar 07, 2010 11:10 pm

Unless there's anything libellous I don't see how there would be a problem. :thumbup:

Re: WH Sports

Sun Mar 07, 2010 11:12 pm

I think we should talk about it, but refer to it as WH Smiths, he so stupid he wont realise if he is monitoring the board (I am sure he is, hiya peter :ayatollah: )

Re: WH Sports

Sun Mar 07, 2010 11:16 pm

ok just found this interesting. 2 different articles, one from TNOW on 30/5/2009 stating Cardiff's latest set of accounts showed WH Smiffs were paid £325,000 by the Championship club in 2008 for 'consultancy services'. and the next day in an article about WH Smiffs ;) on wales online Ridsdale states “On advice, the company was therefore liquidated on April 22, 2009 having received no further income since October 2007. I wonder if these conflicting dates are significant :lol:

Re: WH Sports

Sun Mar 07, 2010 11:29 pm

I think Keith since62 may help us with this. He's the man with his finger on the pulse ;) Badly worded article by TNOW or something significant? I dunno!!

Re: WH Sports

Mon Mar 08, 2010 7:08 am

The last accounts would have covered the period May 2007 to May 2008.

Therefore it is perfectly reasonable to assume that a payment made in October 2007 wouldn't appear on the accounts until May 2008.

So I wouldn't put too much sigifigance on those articles or dates

Re: WH Sports

Mon Mar 08, 2010 7:45 am

all the stuff about WH Sports is in the public domain so discuss, where is TNT :lol:

Re: WH Sports

Mon Mar 08, 2010 9:09 am

Tony Blue Williams wrote:The last accounts would have covered the period May 2007 to May 2008.

Therefore it is perfectly reasonable to assume that a payment made in October 2007 wouldn't appear on the accounts until May 2008.

So I wouldn't put too much sigifigance on those articles or dates

Ah so mebbe TNOW article is badly (worded) written, but it does say he was paid £325,00 in 2008 hmmm didnt he threaten them with legal action :lol:

Re: WH Sports

Mon Mar 08, 2010 9:16 am

ihatealiens wrote:
Tony Blue Williams wrote:The last accounts would have covered the period May 2007 to May 2008.

Therefore it is perfectly reasonable to assume that a payment made in October 2007 wouldn't appear on the accounts until May 2008.

So I wouldn't put too much sigifigance on those articles or dates

Ah so mebbe TNOW article is badly (worded) written, but it does say he was paid £325,00 in 2008 hmmm didnt he threaten them with legal action :lol:


The Riddler has threatened lawyers and police to just about anyone who has disagreed with him at one time or other :lol: Again I wouldn't take too much notice, as you know he's a wanker.

Re: WH Sports

Mon Mar 08, 2010 9:18 am

Tony Blue Williams wrote:
ihatealiens wrote:
Tony Blue Williams wrote:The last accounts would have covered the period May 2007 to May 2008.

Therefore it is perfectly reasonable to assume that a payment made in October 2007 wouldn't appear on the accounts until May 2008.

So I wouldn't put too much sigifigance on those articles or dates

Ah so mebbe TNOW article is badly (worded) written, but it does say he was paid £325,00 in 2008 hmmm didnt he threaten them with legal action :lol:


The Riddler has threatened lawyers and police to just about anyone who has disagreed with him at one time or other :lol: Again I wouldn't take too much notice, as you know he's a wanker.

five fingered shuffler or in his case thumb and forefinger :lol:

Re: WH Sports

Mon Mar 08, 2010 9:27 am

ihatealiens wrote:
Tony Blue Williams wrote:
The Riddler has threatened lawyers and police to just about anyone who has disagreed with him at one time or other :lol: Again I wouldn't take too much notice, as you know he's a wanker.


five fingered shuffler or in his case thumb and forefinger :lol:


Well your safe from legal action, you can't be sued for stating the obvious :lol:

Re: WH Sports

Mon Mar 08, 2010 10:00 am

WH SPORTS WAS JUST SET UP TO LAUNDER MONEY AND ESCAPE THE TAX MAN (allegedly)

Re: WH Sports

Mon Mar 08, 2010 10:36 am

Ben wrote:WH SPORTS WAS JUST SET UP TO LAUNDER MONEY AND ESCAPE THE TAX MAN (allegedly)


Hmm.

You do realise such companies are perfectly legal under existing tax legislation, right? The IT consultancy world would collapse otherwise.

The issue is that Ridders seemingly has mismanaged something incredibly simple. I suspect he simply drew the dividends without grasping the salient point they come out of profit, not income.

Re: WH Sports

Mon Mar 08, 2010 12:12 pm

Wouldn't you be more worried if he suddenly found the cash to pay his debt?

Re: WH Sports

Mon Mar 08, 2010 12:31 pm

He's offered them clocks instead lol

Re: WH Sports

Mon Mar 08, 2010 1:06 pm

nerd wrote:The issue is that Ridders seemingly has mismanaged something incredibly simple.


Who would have thought it :lol:

I have always been amazed at the arragance of the man setting up an expert 'consultancy' firm to advise sporting clubs on how to run their finances.

He left Leeds with debts of £80-100m, nearly destroyed Barnsley, put us on the verge of liquidation and achieved that feat with his own firm.

Even now he touts himself on Talksport as some kind of financial guru.

I would honestly like to know how delusional does someone have to be before they can be sectioned under mental health laws? :lol:

Re: WH Sports

Mon Mar 08, 2010 2:45 pm

Ben wrote:WH SPORTS WAS JUST SET UP TO LAUNDER MONEY AND ESCAPE THE TAX MAN (allegedly)


Theres a big difference between Tax Avoidance [ which is legal ] and Tax Evasion [ which isn't ].

Re: WH Sports

Mon Mar 08, 2010 3:54 pm

dave46049 wrote:
Ben wrote:WH SPORTS WAS JUST SET UP TO LAUNDER MONEY AND ESCAPE THE TAX MAN (allegedly)


Theres a big difference between Tax Avoidance [ which is legal ] and Tax Evasion [ which isn't ].


I'm not sure Alister Darling would like Tax Avoidance discribed as 'legal' but I get the point :lol:

Re: WH Sports

Mon Mar 08, 2010 3:57 pm

Tax is always a game - HMRC try it on.