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

Outcome of HMRC court case 1 March


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Just a reminder of the current situation as of today:

The Shrimpers remain in a transfer embargo due to the winding up petition, meaning boss Kevin Maher has been unable to add to his squad since the end of September. Staff at the club are also still waiting to be paid their salaries for December.


Its fine. We don't need anymore players...
 
You should only really do that if you spot the Spanish armada Spiffy, or if Gondor has Ork problems again.

Let's not bring Col U into it at this stage.

The Trust releasing a statement is a bit like trying to put out a fire by ****ing on it. There must be firm action taken here before it's too late. They have released plenty of statments in the past with the same mantra and it doesn't work, RM won't do anything and the issues continue to get worse.

Time to up the ante big time.
 
Shrimpers Trust statement on The Echo site from CP.

Trust call for Southend United chairman Ron Martin to confirm plan​


THE Shrimpers Trust have urged Southend United chairman Ron Martin to confirm when bridging finance can be expected to save Blues.


The Shrimpers have 42 days to pay off their HMRC bill after seeing the winding up petition adjourned again this morning.
But the Trust now want Martin to reveal what will happen next at Roots Hall as fans continue to fear for the club’s future.
The statement said: “The Shrimpers Trust calls upon Ron Martin to urgently confirm when bridging finance is now to be expected, and how the club will be able to function until work begins on the new stadium at Fossetts Farm.


"We expect all salaries to be paid on time.
“We expect outstanding monies to suppliers to be resolved.
“We expect loans to be returned and the club’s accounts to be filed.
“If these expectations cannot be met, then bridging finance is not the solution.”

And the Trust also remain frustrated that the situation has yet to be sorted.
“We are disappointed that the can has been kicked down the road,” added the statement.
“The dark clouds continue to gather over Roots Hall.
“We need genuine hope that on-field delivery will be matched off it by the owner. “
But Martin has so far failed to deliver on the promises he made earlier on in the season.
“On 1st October 2022, when a Time To Pay agreement was cancelled by HMRC, Club owner Ron Martin declared it would be “weeks not months” before bridging finance was secured to discharge the debt in full,” said the Trust.
“On 31st December 2022, Chief Executive Tom Lawrence confirmed that bridging finance was the short-term solution to the club’s current financial issues, and that it would be used to pay off the HMRC debt, resulting in the winding-up petition being dismissed.

“Now, on 18th January 2023, that bridging finance still does not appear to have been finalised.
“The debt to HMRC is still to be discharged.
“A winding-up petition remains in place, with the next court date on 1st March 2023 marked “final”, together with a National League embargo.
“In our statement following the club’s previous appearance at the High Court, we requested that Ron Martin sorts out the mess that threatens the existence of our football club.
“Head Coach Kevin Maher echoed those sentiments in a recent interview with BBC Essex, calling on the chairman to produce in the same way his squad have.”


But, despite the huge off field issues, Blues are enjoying a fine season on the pitch.
And the Trust were keen to praise the management team and players for their efforts.
“Kevin and his coaching team, and the hardworking staff throughout the football club, deserve better,” said the Trust.

“On the pitch, we are firmly in the play-off picture with eyes fixed on a return to the EFL, as well as being possibly just three wins from an FA Trophy final at Wembley.
“That is remarkable, but this progress on the pitch risks being threatened, not just because there is currently no prospect of any essential signings in the event of injuries to key players, but because there is unrest amongst supporters about the ownership of the club.”
That should do it
 
You might want to delete that comment. If the unthinkable happened and some nutcase did, the Police would be knocking on your door.
I’ll take my chances. If some **** does, I will have my mobile phone records etc to prove my location at the time. As I live in London, the odds of me not being able to use modern methods to prove my innocence are rare. But I am touched by your concern. Are you free for a steak dinner next Wednesday?
 
Indeed thank you. It's an offer. You have to accept it. And until you do the lender can withdraw the offer (entirely normal as all sorts can happen post offer and pre acceptance). If you want the offer to be binding you have to sign it- its the way it works.
The Lender can withdraw at any time, unless you have met all of the Conditions Precedent (CP’s), which will include items such as, valuation, due dilligence, KYC and anti money laundering checks, legal opinions on any overseas borrowers (which there will be), plus many many others. So lots of hoops to jump through.
 
I’ll take my chances. If some **** does, I will have my mobile phone records etc to prove my location at the time. As I live in London, the odds of me not being able to use modern methods to prove my innocence are rare. But I am touched by your concern. Are you free for a steak dinner next Wednesday?

I'm always free for a Steak meal Del Boy :)
 
Release another statement i'd imagine.

Mind you at that point if they haven't agreed the bridging loan then its goodnight Vienna.

I wonder if he is hoping the pitches will be ready by 1st March which allows him not to use the bridging finance and instead use the money from the draw down.
Can’t believe the training ground will be ready for the 1st march with the winter weather at the moment plus all the rain it’s only about 5 weeks away I’m sure any new grass would need longer to establish itself
 
Can’t believe the training ground will be ready for the 1st march with the winter weather at the moment plus all the rain it’s only about 5 weeks away I’m sure any new grass would need longer to establish itself
It's not just normal grass though, some sort of hybrid pitch🤔
 
I doubt it though. We've mustered up so little so far. The action against Ron so far has been weak and lame.
What do you want people to do, kill him? We've had protests on the pitch, outside the ground, people outside his house. He can be in no doubt about the strength of feeling.

How can we make him sell the club when he has millions coming his way in a couple of months?

The inference that the fans are somehow at fault for not making him sell is irritating.
 
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