we pay half the historic tax bill but dont pay the current
Wed Mar 10, 2010 1:30 pm
bill and now we owe more than the original court order for which we went into court today 
we now owe £1.9 million to date whereas the court were asking for £1.7 million of which we have paid £850,00 so if my maths is correct we now have a current bill of £1,050,000.00 which we have defaulted upon + £850,000 historical debt to HMRC so in total thats £1.9 million we have 56 days to pay + any wages + any other creditors and we have a fictitious £6 million coming in from TG. Even if that £6 million comes in we will still be potless at the end of the season with no income coming in during the close season. Ooops. That will be all our players gone then at the end of the season to pay off PMG and anything left which wont be much, if anything to trade on next season. Fire sale fire sale fire sale :evil:
we now owe £1.9 million to date whereas the court were asking for £1.7 million of which we have paid £850,00 so if my maths is correct we now have a current bill of £1,050,000.00 which we have defaulted upon + £850,000 historical debt to HMRC so in total thats £1.9 million we have 56 days to pay + any wages + any other creditors and we have a fictitious £6 million coming in from TG. Even if that £6 million comes in we will still be potless at the end of the season with no income coming in during the close season. Ooops. That will be all our players gone then at the end of the season to pay off PMG and anything left which wont be much, if anything to trade on next season. Fire sale fire sale fire sale :evil:
Re: we pay half the historic tax bill but dont pay the current
Wed Mar 10, 2010 2:00 pm
We could do with shipping out half of that team..
Re: we pay half the historic tax bill but dont pay the current
Wed Mar 10, 2010 2:12 pm
How Ridsdale had the brassed face to pay the historical tax debt by defaulting on current tax liabilities and then plead we are not trading insolvently is beyond belief.
Honestly how can this man continue?
Honestly how can this man continue?
Re: we pay half the historic tax bill but dont pay the current
Wed Mar 10, 2010 2:23 pm
Tony Blue Williams wrote:How Ridsdale had the brassed face to pay the historical tax debt by defaulting on current tax liabilities and then plead we are not trading insolvently is beyond belief.
Honestly how can this man continue?
He`s good with the bullshit, you gotta give him that..