Re: Call for funds : Fri Sep 06, 2024 5:47 pm  

80K Needed by the middle of next week according to Calander TV news.

Another question we should be asking is if by some miracle we make it through this, do we want these people running our club?

Re: Call for funds : Fri Sep 06, 2024 6:28 pm  

Another statement has just been published by the club details figures

Re: Call for funds : Fri Sep 06, 2024 7:31 pm  

Also the trust are just handing over money donated with no specification of where it will be spent which is also worrying.

Re: Call for funds : Fri Sep 06, 2024 7:38 pm  

MP wrote:

Also the trust are just handing over money donated with no specification of where it will be spent which is also worrying.

Yes this is a worry, I know they are trying to help the club but this is head in the sand stuff. The trust should come out with a statement after speaking to the board and making sure that money is going to the right places or it should be set aside for a new club. Given the boards statement it looks like massive missmanagment on behalf of the board and any plan will be just the usual pipe dream plan they have put out during the season. Sack it off now and start from the ground up.

Re: Call for funds : Fri Sep 06, 2024 7:51 pm  

Tony Fax wrote:

Yep, can't disagree with this. Other creditors in 2023 showed as £190k which isn't necessarily related to related parties. And there is no related parties note detailing loans from directors and/or shareholders so I'm assuming this £700k invested by directors/shareholders happened in 2024?

Also don't like this at all: "We reached out to HMRC for an extension and time to pay, something that has been granted to other clubs recently". So the taxman has one rule for one and a different rule for others?

HMRC are usually accommodating for payment plans.
Maybe this is ain't the 1st time Halifax have asked hence the refusal.

Re: Call for funds : Fri Sep 06, 2024 7:56 pm  

What a bunch of clowns. Couldn't organise a mickey up in a brewery.

Re: Call for funds : Fri Sep 06, 2024 8:23 pm  

In fact I don't want to put another penny into this set up. Even thinking of not going on Sunday. All of a sudden need 200k to survive until the end of the year? It just doesn't make sense.

Re: Call for funds : Fri Sep 06, 2024 9:46 pm  

MP wrote:

Also the trust are just handing over money donated with no specification of where it will be spent which is also worrying.

When the question was asked if the money was just going to be handed over with the club deciding what to do with it or if the Trust could specify what they wanted it to be used for I thought Mark Moore and the trust guys said that was the very question they were having among themselves and a meeting was going to be held with the board regarding it?

Re: Call for funds : Sat Sep 07, 2024 7:53 am  

The handing over of money is just like when Bradford raised half a million and handed it over. It went into a black hole and the club still went bust. People have short memories.

The situation is dire at best. Any money that goes into the club right now is likely to go straight to HMRC, and may still not be enough to save it. Meanwhile the staff and players haven't been paid fully. Why is this? has money been withheld to pay HMRC? Meaning gate receipts and other income sunday can go to paying the wages?

If you don't pay people on time, it's the beginning of the end. There are some incredibly loyal and long serving staff members, but loyalty isn't going to put food on their tables or pay their bills.

Needing £200k + to see the year out before even looking at next year sounds impossible. We have 2 home games left. So very limited income beyond this. Season tickets sales will be minimal because who is going to buy one in the current situation? Likewise sponsorship income isn't going to exist because other than the loyalist of fans who are in a position to sponsor through their businesses. Who is going to put money into sponsoring a club that may not make it to the end of the year?

I admit i'm not being very optimistic, but what is there to be optimistic about?

Re: Call for funds : Sat Sep 07, 2024 8:33 am  

Brew wrote:

The handing over of money is just like when Bradford raised half a million and handed it over. It went into a black hole and the club still went bust. People have short memories.

The situation is dire at best. Any money that goes into the club right now is likely to go straight to HMRC, and may still not be enough to save it. Meanwhile the staff and players haven't been paid fully. Why is this? has money been withheld to pay HMRC? Meaning gate receipts and other income sunday can go to paying the wages?

If you don't pay people on time, it's the beginning of the end. There are some incredibly loyal and long serving staff members, but loyalty isn't going to put food on their tables or pay their bills.

Needing £200k + to see the year out before even looking at next year sounds impossible. We have 2 home games left. So very limited income beyond this. Season tickets sales will be minimal because who is going to buy one in the current situation? Likewise sponsorship income isn't going to exist because other than the loyalist of fans who are in a position to sponsor through their businesses. Who is going to put money into sponsoring a club that may not make it to the end of the year?

I admit i'm not being very optimistic, but what is there to be optimistic about?

This.

The way I see it is if we donate money to the club in the current state we are giving a vote of confidence to the people who are currently running the club. The reality is given the state they have got it in to they should be nowhere near our club. From what they have said there is a 900k shortfall this season, 700k from them(Personally think this will turn out to be another lie) and this 200k they are trying to raise to make the end of the season. What happens next season? What happened to all the promises? Hey at least they had a good day out at Wembley.