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Re: Clubs In Trouble
Posted: 12 Aug 2014, 14:06
by yeltz85
Re: Clubs In Trouble
Posted: 12 Aug 2014, 16:13
by RaidenYeltz
A sad read that is. I hope it all works out for them. Never nice seeing a club go.
Re: Clubs In Trouble
Posted: 12 Aug 2014, 16:14
by Laurel Lane Lamper
Re: Clubs In Trouble
Posted: 13 Aug 2014, 09:33
by Noggin
Seems to have got worse too. The majority shareholder has failed the fit and proper test (an amazing event in itself) but as he was underwriting the CVA proposal that would seem to be in question.
As the winding up order seems to be for 1st September, this does not look likely to have a happy outcome
Am I correct in thinking that the winding up order was issued by some former players seeking a bonus from last season? Can anyone cast any light on this?
Re: Clubs In Trouble
Posted: 13 Aug 2014, 22:29
by Laurel Lane Lamper
Noggin wrote:Seems to have got worse too. The majority shareholder has failed the fit and proper test (an amazing event in itself) but as he was underwriting the CVA proposal that would seem to be in question.
As the winding up order seems to be for 1st September, this does not look likely to have a happy outcome
Am I correct in thinking that the winding up order was issued by some former players seeking a bonus from last season? Can anyone cast any light on this?
From
http://bullsnews.blogspot.co.uk/2014/08 ... witterfeed
"There is already a winding up petition against the company which will be heard again at the beginning of September. Unless someone comes in and pays off the petition debts (about £200,000 between Martin Foyle and HM Revenue & Customs) or reaches agreement with them the company will go into liquidation."
Re: Clubs In Trouble
Posted: 14 Aug 2014, 19:05
by Laurel Lane Lamper
@ben_sidwell: @bbcmtd Hereford United on verge of extinction after creditors reject proposed Company Voluntary Arrangement total debt believed to be £1.5m
Re: Clubs In Trouble
Posted: 15 Sep 2014, 22:09
by Laurel Lane Lamper
Re: Clubs In Trouble
Posted: 16 Sep 2014, 12:38
by old git
Re: Clubs In Trouble
Posted: 23 Sep 2014, 21:24
by Laurel Lane Lamper
Re: Clubs In Trouble
Posted: 08 Oct 2014, 11:44
by wednesburystokie
Seems Loughborough may be the next team to go, or at least change hands.
Whole management team quit last night and no one paid for 7 weeks.