Pre-Match Thread HMRC v SUFC - FINAL hearing on 1st March. DISMISSED

[meerkat54]

My prediction:

Part payment offered and further adjournment agreed (56? Days)

Embargo to remain in place.

Yes agree, just kick the can a bit further down the road Ron.

 

[lreed567]

Scunthorpe served with winding-up petition - BBC Sport

Scunthorpe are served a winding-up petition by HM Revenue and Customs over an alleged unpaid tax bill.

www.bbc.com

Seems like another one who are similar to us

 

[JD]

Govt website suggests TTP's can be adjusted if needed, but considering HMRC went for court action instead of a renegotiated TTP suggests we might be past that. I don't see anything that says you can't agree a new TTP after already having one.

Doesn’t say it specifically but the following suggests it could have been considered if they felt it could work.

“We will only apply to the courts to make a person or company insolvent as a final course of action, after we have considered all other ways to recover a debt.”

 

[Blues ‘n’ twos]

Late VAR ( vote against Ron ) overturned and paid in full.

 

[Yorkshire Blue]

I am not sure the rules allow a Time to Pay arrangement do they?
It was a TTP arrangement that we defaulted on that lead to this winding up order.
I thought the winding up order is the last resort.
Happy to be corrected though!

Why would the rules prevent a Time to Pay arrangement?

 

[Shrimper]

Adjournemount

 

[stewart]

Part paid ,still under an Embargo with 56 days to pay the rest . Kev and co to get even more frustrated.

 

[Kat_r]

Yes agree, just kick the can a bit further down the road Ron.

I don’t think it’s a lack of money. I just think he enjoys this cat and mouse. Warped stuff.

 

[bluesfansince1952]

there should be no incentive for HMRC to drive a potential future tax payer out of business so that we are being given the benefit of a grave doubt should come as no surprise

 

[tommy tucker]

They're not being tight lipped! Haven't they both said the payment will be made and embargo lifted?

No not really the statment made by Ton just said things are improving slowly .

 

[Hawkwell Blue]

Postponed, waterlogged court.

 

[OldBlueLady]

Why would the rules prevent a Time to Pay arrangement?

Because we reneged on the last one?

 

[Linda Loan Shark]

We just need that grass to grow and we will be fine

 

[londonblue]

I'm not expecting payment to be made, but would be very happy if it is.

If it is, and the loan is enough to keep the club going until the summer then we should be over the worst of our financial problems. Let's wait and see.

 

[Mad Cyril]

Electronic tag, 6pm curfew and not permitted to associate with known undesirables outside independent fried chicken shops.

 

[tommy tucker]

From things i have read any bridging loan will be enough to clear the HRMS and plenty left in hand maybe to bring in a new keeper .And keep the club afloat untill fossets has started .We will see wont we . But i will put a pound on the fact if the loan is arranged and the debt is cleared then Ron will stand on his soap box and tell us all what a good egg he is .

 

[mattytheshrimper]

I'm expecting the bridging finance to be In place and the embargo to be cleared.

In weeks months or years?

 

[mattytheshrimper]

Even IF the whole amount is paid off, like I've always said, another winding up and another embargo will be just round the corner.

I have zero faith that this loan (no doubt with horrendous interest on top) will little more than plug a small hole and just bide us a bit of time.

 

[TJC]

Does make you wonder, after all the mortgaged debt, loans etc is paid back, will Ron have any profit left?
Bet the calculator and slide rule are busy!

 

[Shrimper]

Because we reneged on the last one?

Fool me once, shame on you

Fool me twice, shame on me