SUFC: The Future SUFC up for sale

[Billy Bests boot laces]

I believe if that is the case that not only would the Embargo remain, I think we could be subject to decision of the 10 points, but I could have misunderstood leagues statement, maybe others could confirm.

IF that is the case, then i'd assume (?) that as the petition would have only been issued, we'd have until the date given to pay it, or be penalized?.

 

[rowe23]

IF that is the case, then i'd assume (?) that as the petition would have only been issued, we'd have until the date given to pay it, or be penalized?.

My interpretation of the statement was that if we did not pay when due, then the deduction would be applicable, so in this case as soon as the petition is issued we would be subject to the point deduction. However I could have misunderstood the stance and statement. Hoping we don’t have to worry about the decision as it will be settled along with current liabilities accruing, either settled by Ronald McDonald or by our potential new owners.

 

[Shrimper]

I believe if that is the case that not only would the Embargo remain, I think we could be subject to decision of the 10 points, but I could have misunderstood leagues statement, maybe others could confirm.

I believe that to be correct

 

[Boreham Blue]

My interpretation of the statement was that if we did not pay when due, then the deduction would be applicable, so in this case as soon as the petition is issued we would be subject to the point deduction. However I could have misunderstood the stance and statement. Hoping we don’t have to worry about the decision as it will be settled along with current liabilities accruing, either settled by Ronald McDonald or by our potential new owners.

I agree. You only get issued a winding up petition when you haven't paid hence the 10 points

 

[Boreham Blue]

I agree. You only get issued a winding up petition when you haven't paid hence the 10 points

Unfortunately Ron treats a WUP like most people treat an invoice or a tax due date.

 

[West Stand]

My interpretation of the statement was that if we did not pay when due, then the deduction would be applicable, so in this case as soon as the petition is issued we would be subject to the point deduction. However I could have misunderstood the stance and statement. Hoping we don’t have to worry about the decision as it will be settled along with current liabilities accruing, either settled by Ronald McDonald or by our potential new owners.

Not quite right.

By the 23rd every £1 due to HMRC be the debt be part of a WUO or not has to be paid and going forward all further liabilities to HMRC have to be paid on time.

The Club HMRC debt is to be discharged in full by their next court date, 23 August 2023. It should be noted that this remains a requirement from the League even if the court hearing is further adjourned past the 23 August 2023

 

[Hadleigh-shrimper]

Hope These pesky Aussies hurry up maybe the women’s semi put them off

 

[dusterman]

Hope These pesky Aussies hurry up maybe the women’s semi put them off

I’ve been put off by many a woman’s semi

 

[Swiss Tony]

I’ve been put off by many a woman’s semi

Any women I ever went out had semi I’d be off like a shot.

 

[Liam AAS]

Others have mentioned that IF the debt is paid, then HMRC will promptly issue us another one, for unpaid monies owed since the date of the last one?.
IF that is correct, then the embargo will remain?.

The NL have required us to pay all monies owed to HMRC by 23 August and remain up to date or receive a 10 point deduction. The embargo should be lifted and remain lifted. Ron has 3 options: pay HMRC, sell the club or accept the 10 point deduction.

 

[Shrimper51]

The NL have required us to pay all monies owed to HMRC by 23 August and remain up to date or receive a 10 point deduction. The embargo should be lifted and remain lifted. Ron has 3 options: pay HMRC, sell the club or accept the 10 point deduction.

A minimum 10 point deduction. The NL left themselves room to add further sanctions if they saw fit.

 

[West Stand]

A minimum 10 point deduction. The NL left themselves room to add further sanctions if they saw fit.

And that’s why I think there is a 4th option and yes it would entail a points deduction, but only one multiple, and that is by entering a CVA

 

[E for B and Billy Best]

Maybeee

We should have got Tara Bradeeee

Coz after alllll

Ron's sold **** alllll

 

[fbm]

The NL have required us to pay all monies owed to HMRC by 23 August and remain up to date or receive a 10 point deduction. The embargo should be lifted and remain lifted. Ron has 3 options: pay HMRC, sell the club or accept the 10 point deduction.

It's not just HMRC though... it's ALL football related debt. There's evidence that old debts (water etc) have or are being paid, which is good. I think the main issue now is the wages of the players and staff. They have to be paid on time.
Going forward, HMRC tend to use WUP's as reminder notices, so if the NL are going to use the issue of the petition as the trigger for a points deduction, we are going to have to be very careful.

 

[Sparte]

Well that’s 5 months and counting…

 

[Holy Joe]

It's not just HMRC though... it's ALL football related debt. There's evidence that old debts (water etc) have or are being paid, which is good. I think the main issue now is the wages of the players and staff. They have to be paid on time.
Going forward, HMRC tend to use WUP's as reminder notices, so if the NL are going to use the issue of the petition as the trigger for a points deduction, we are going to have to be very careful.

Its also a requirement of the league for clubs to notify them if they miss HMRC payments - so if clubs are 'honest' the league shouldn't have to rely on HMRC notifications

 

[Ozzer]

It's not just HMRC though... it's ALL football related debt. There's evidence that old debts (water etc) have or are being paid, which is good. I think the main issue now is the wages of the players and staff. They have to be paid on time.
Going forward, HMRC tend to use WUP's as reminder notices, so if the NL are going to use the issue of the petition as the trigger for a points deduction, we are going to have to be very careful.

Is there evidence that water debt is being paid? B & L water is not from the mains supply.

 

[Westcliff DGS]

Is there evidence that water debt is being paid? B & L water is not from the mains supply.

Thank ut was stated the other day water supply had been reinstated, so I think the presumption is that the bill must have been paid

 

[Smiffy]

Thank ut was stated the other day water supply had been reinstated, so I think the presumption is that the bill must have been paid

It's a water tank at B&L. Not mains water.

 

[borientater]

It's a water tank at B&L. Not mains water.

And how do they fill that up ?