• Welcome to the ShrimperZone forums.
    You are currently viewing our boards as a guest which only gives you limited access.

    Existing Users:.
    Please log-in using your existing username and password. If you have any problems, please see below.

    New Users:
    Join our free community now and gain access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features. Registration is fast, simple and free. Click here to join.

    Fans from other clubs
    We welcome and appreciate supporters from other clubs who wish to engage in sensible discussion. Please feel free to join as above but understand that this is a moderated site and those who cannot play nicely will be quickly removed.

    Assistance Required
    For help with the registration process or accessing your account, please send a note using the Contact us link in the footer, please include your account name. We can then provide you with a new password and verification to get you on the site.

Official Match Thread HMRC v Southend United Winding Up Order

Status
Not open for further replies.
Hastily taken notes from court just now:

Judge stated 275k unpaid, been no payment.
HMRC stated that supposedly two witness statements were received yesterday, but claim only received one.

Ron seeking 42 day adjournment to complete sale or funding.
Ron representing himself.

Supporting creditors including npower now agreed and signed payment plan.
PG Site Services agreed to support adjournment and PG Site Services representative in court said they are confident the 42 days will be sufficient.

Ron claims debt has gone from 900k to 300k since initial hearing, confident of arranging funds.

Adjournment requested by Ron is to allow new owners to submit and pass the owners and directors test with FA which can take time.

“Think we’ll complete sale by then but definitely complete the funding” — Ron

HMRC says timescale is speculative and depends on third party outside of control of the company.

Judge stated it had been made clear to the court that even if the sale doesn’t go through that 42 days will be sufficient to raise funds.

No mention at all of a final warning so I imagine Ron will think he can play these cards again in 42 days and get away with it.
Ron exited very quickly with fans confronting him asking him why he’s killing the club.

Tom said he’s selling it for a pound.

Someone mentioned Ron said they will release a statement at 5pm tonight.
 
Said it before and I'll say it again; death by a thousand papercuts.

He's hoodwinked and sidelined a totally legitimate buyer in a desperate attempt to keep control of the whole FF project, despite the adverse impact on the players, staff, community and supporters.

No doubt he'll claim another "victory" over the system, the smug ****. Repeat ad nauseam.
 
Status
Not open for further replies.
Back
Top