Cardiff City Forum



A forum for all things Cardiff City

56 days to pay Tax

Wed Mar 10, 2010 11:43 am

Just been announced

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:44 am

If we don't meet that deadline?...

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:45 am

Where has this been annouced?

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:45 am

Radio 5

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:47 am

joncandy wrote:Radio 5


Cheers

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:48 am

and breatheeeeeeeeee

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:50 am

so we will get to the end of the season. Ah well thats all the players sold then. At least we are not bust. They are now playing for their jobs. If we go up some keep their jobs. If we don't their gone.

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:52 am

56 days or we are wound up in full !!! :(

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:52 am

Ahh that is a big lift for the club. Come on borley work your magic and get dato to invest. The promotion dream is still alive :ayatollah: :ayatollah:

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:54 am

CCFC1990 wrote:Ahh that is a big lift for the club. Come on borley work your magic and get dato to invest. The promotion dream is still alive :ayatollah: :ayatollah:


Why would anyone looking to invest put good money after bad in a club as badly mismanaged as this one? To keep it going and take over, inheriting massive debt?

You'd have to be an absolute idiot to do that when you can pay a pittance on the inevitable CVA / admin.

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:55 am

how promotion ? Still transfer embargo so no loan players in ,we need fresh faces for that !

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:55 am

happy days for now cum on city :ayatollah: :ayatollah:

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:56 am

Martyn1963 wrote:how promotion ? Still transfer embargo so no loan players in ,we need fresh faces for that !

or our injured players bk

Re: 56 days to pay Tax

Wed Mar 10, 2010 11:58 am

bluebirds949 wrote:happy days for now cum on city :ayatollah: :ayatollah:

happy days for now, but with no investment we have no club....
the HC said if we dont pay they will wind us up in full.......southend told the same but they only got 35 days (thats what sky sports news just said anyway)

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:00 pm

nerd wrote:
CCFC1990 wrote:Ahh that is a big lift for the club. Come on borley work your magic and get dato to invest. The promotion dream is still alive :ayatollah: :ayatollah:


Why would anyone looking to invest put good money after bad in a club as badly mismanaged as this one? To keep it going and take over, inheriting massive debt?

You'd have to be an absolute idiot to do that when you can pay a pittance on the inevitable CVA / admin.


Its not that cheap to come out of admin. I can now see some investment coming form the Malaysians to see us through the summer then some hard dealings going on between the them and the board. I feel this will result in a takeover from the Malaysians, a take it or leave it deal, and hopefully a fresh start.

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:01 pm

56 days breathing space!!

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:01 pm

Story now on BBC site, not much info though

http://news.bbc.co.uk/sport1/hi/footbal ... 557188.stm

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:05 pm

Bakedalasker wrote:
nerd wrote:
CCFC1990 wrote:Ahh that is a big lift for the club. Come on borley work your magic and get dato to invest. The promotion dream is still alive :ayatollah: :ayatollah:


Why would anyone looking to invest put good money after bad in a club as badly mismanaged as this one? To keep it going and take over, inheriting massive debt?

You'd have to be an absolute idiot to do that when you can pay a pittance on the inevitable CVA / admin.


Its not that cheap to come out of admin. I can now see some investment coming form the Malaysians to see us through the summer then some hard dealings going on between the them and the board. I feel this will result in a takeover from the Malaysians, a take it or leave it deal, and hopefully a fresh start.


It can be. Administrator is looking to keep club running and pay creditors, so administrator cuts the costs down, bye bye negligent board; depending upon the interest in the club from potential purchasers, as long as the offer is in the ballpark region the administrator would settle for, can be a lot cheaper than propping up the club now and still having to settle debts.

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:07 pm

I'm just trying to look on the bright side it's been a shit couple of days for us and we get a little bit of good news which we as fans deserve, we are knowere near safe from the tax man yet, but if borley comes back with investment next week and the tax bill is paid, the transfer embargo is over,we MIGHT get a player on loan and with our injured players coming back you never know(I think I might be living in a dream world with that)

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:14 pm

CCFC1990 wrote:I'm just trying to look on the bright side it's been a shit couple of days for us and we get a little bit of good news which we as fans deserve, we are knowere near safe from the tax man yet, but if borley comes back with investment next week and the tax bill is paid, the transfer embargo is over,we MIGHT get a player on loan and with our injured players coming back you never know(I think I might be living in a dream world with that)


I luvs a positive poster me!!!!! :ayatollah: :ayatollah: :ayatollah: :ayatollah: :ayatollah: :ayatollah:

BLOOOOOOOOOOOOOOOBIRDS!!!!!!!!!

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:18 pm

Blazing Saddles wrote:
CCFC1990 wrote:I'm just trying to look on the bright side it's been a shit couple of days for us and we get a little bit of good news which we as fans deserve, we are knowere near safe from the tax man yet, but if borley comes back with investment next week and the tax bill is paid, the transfer embargo is over,we MIGHT get a player on loan and with our injured players coming back you never know(I think I might be living in a dream world with that)


I luvs a positive poster me!!!!! :ayatollah: :ayatollah: :ayatollah: :ayatollah: :ayatollah: :ayatollah:

BLOOOOOOOOOOOOOOOBIRDS!!!!!!!!!


some times mate you have got to look on thr bright side. I know deep down tho that the chances of all that stuff happening are slim and none.

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:18 pm

surely its only delaying the inevitable, if we cant find the money now, how are we going to find it in 56 days?

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:19 pm

rob wrote:surely its only delaying the inevitable, if we cant find the money now, how are we going to find it in 56 days?


The land sale monies will be in by then......SIMPLES. :ayatollah:

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:20 pm

Blazing Saddles wrote:
rob wrote:surely its only delaying the inevitable, if we cant find the money now, how are we going to find it in 56 days?


The land sale monies will be in by then......SIMPLES. :ayatollah:


The money offset against debts owed to the two people, you mean? SIMPLES?

although it's been claimed the Borley money was already paid in. SIMPLES?

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:21 pm

56 days for the riddler to think of another reason to pay himself a bonus before the inevitable.

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:23 pm

Blazing Saddles wrote:
rob wrote:surely its only delaying the inevitable, if we cant find the money now, how are we going to find it in 56 days?


The land sale monies will be in by then......SIMPLES. :ayatollah:



that money was taken off the debt owed to them i thought?

even if it wasnt it isnt enough is it?

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:25 pm

ridofrid wrote:56 days for the riddler to think of another reason to pay himself a bonus before the inevitable.


A 500k bonus for convincing the judge to give us extra time to rob more money of the fans :lol:

Re: 56 days to pay Tax

Wed Mar 10, 2010 12:25 pm

nerd wrote:
Blazing Saddles wrote:
rob wrote:surely its only delaying the inevitable, if we cant find the money now, how are we going to find it in 56 days?


The land sale monies will be in by then......SIMPLES. :ayatollah:


The money offset against debts owed to the two people, you mean? SIMPLES?

although it's been claimed the Borley money was already paid in. SIMPLES?


'claimed' being the operative word then........ but like a lot of stuff on these messageboards, not true. Gossip, thats all.

Re: 56 days to pay Tax

Wed Mar 10, 2010 1:11 pm

If we end up going into admin in 56 days time, does that mean we will start next season with a big points deduction?

Re: 56 days to pay Tax

Wed Mar 10, 2010 1:16 pm

I just just text the riddler and he had did reply. He seems confidant that the bill will be payed in time he also said that the malaysians are coming over to see him.