Official Match Thread HMRC v Southend United Winding Up Order

[fbm]

Someone mentioned to me they heard a rumour that HMRC had been paid. I guess we will find out if that rumour is fact soon enough

Then what would be the adjournment for? One of the other parties to the WUP?
But is so, that means embargo lifted I think...

 

[Shrimper]

This is making me need a wee...

 

[Sudbury_Shrimpers]

SUFC statement June 5th 2023: In short, the petition debt and sums due to staff must, and will, be paid before 12th July 2023.

Interesting we are all but playing in lower levels.

 

[Westcliff DGS]

If Ron gets 40 days, I can't see NL mirroring it. I think they'll give us every chance they can to get our house in order but won't let us kick off in our current state. So NL, depending on quality of evidence, might give until just before the first game - so 3 weeks or so.

40 days goes past the start of the league and if (I say if) we haven't settled the HMRC then we will be under an embargo (does just paying the HMRC lift the embargo or does that also have to be all footballing debts?) so would the NL then take action of some / any kind?

 

[Target man]

I know photography isn't allowed in court so please can someone do one of those pencil drawings that you see on the telly news...

 

[Smiffy]

40 days goes past the start of the league and if (I say if) we haven't settled the HMRC then we will be under an embargo (does just paying the HMRC lift the embargo or does that also have to be all footballing debts?) so would the NL then take action of some / any kind?

All football related debts and wages will need to be cleared before embargo is lifted.

 

[rowe23]

40 days goes past the start of the league and if (I say if) we haven't settled the HMRC then we will be under an embargo (does just paying the HMRC lift the embargo or does that also have to be all footballing debts?) so would the NL then take action of some / any kind?

From my understanding we would need to clear HMRC and all football debts (including staff wages) in order for the embargo to be lifted.

 

[Cricko]

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Brilliant!

 

[West Stand]

Then what would be the adjournment for? One of the other parties to the WUP?
But is so, that means embargo lifted I think...

Not sure at this point that any creditor that joined the WUO can be treated differently to HMRC. In effect all paid or it continues

 

[ColinMorrisWalksOnWater]

I thought to lift the embargo, it was all petitioners on the WUP, plus staff and players paid up to date. Wasn't that the terms NL put on the embargo?

 

[Westcliff DGS]

All football related debts and wages will need to be cleared before embargo is lifted.

great and as of last night i understand that staff had not been paid

 

[kentblues]

If @WestStandBlue is correct then the agreement in principle must be with HMRC. The judge isn't going to wind us up if HMRC are happy to wait 42 days.

With all creditors- not just HMRC?

 

[Target man]

Brilliant!

I have to brighten up my day. Off to funeral now. Good luck all!

 

[Finney on the wing]

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Wow, just like being there in person - Thanks !

 

[Medway Blue]

40 days goes past the start of the league and if (I say if) we haven't settled the HMRC then we will be under an embargo (does just paying the HMRC lift the embargo or does that also have to be all footballing debts?) so would the NL then take action of some / any kind?

It has to be all football creditors paid off as well as the HMRC debt in order for the club to maintain its licence from the National League. 40 days does go past the start of the season. The court may or may not factor that in. If they don't and grant 40 days then I don't think the NL will, and whatever the NL's deadline is will become the new priority.

 

[Tommy2holes]

I know it probably makes no difference to the judge but surely he will appreciate the gravity of his actions and the effects on fans and business alike in the knock on effect. Especially if the place is packed out.

 

[Boreham Blue]

We need a countdown from those in court like Alan Freeman.

Can't believe that if the family wanted Ron out that Jack buying would be anything other than a very short term solution

 

[rowe23]

I thought to lift the embargo, it was all petitioners on the WUP, plus staff and players paid up to date. Wasn't that the terms NL put on the embargo?

Unless some have withdrawn from the petition. Not saying they have, but I guess it is possible.

 

[LeedsSUFC]

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You missed the corner where everyone, coaches, Stan, Still, directors are all silent.

Kimura shouting ‘WALLOP’

And the trust are talking to the regulators that don’t exist yet.

 

[Beefy]

I've a work call I've got to lead at 11. This is going to be tough.