: Sat Nov 07, 2009 12:46 am
I'm away on holiday so missed this breaking news.
It's not good but am I missing something. We have major problems in so much as we owe HMRC a lot of money. The club has stated that we have agreed a repayment plan with them which is being met so whilst the situation is not as we would like it looks under control. Whats the problem and all this talk of winding up administration. If we fail to repay HMRC we will be wound up - that applies to any business who owes the Revenue but if we repay as agreed we will be fine.
Am I missing something, if so could someone enlighten me.
The main worry is how we have got into this postion. Does anyone know what the debt is- is it VAT, PAYE, Image Rights, Capital Gains on the sale of the Ground ?
I'll be surprised if we are the only Club in this position but we seem to be the one that seems to be singled out in the media - why ? or is it only us ?
We need a statement from the Club explaining how we got where we are and what we are doing to remedy the situation so as to stop all these rumours and steady the ship.