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| [urlhttps://wck2.companieshouse.gov.uk/7b7175c007e599587a13ec5298efafd3/dl?authID=2433062&docSeq=11169939&fm=pdf[/url
quite interesting...a few key points:-
- £20k received for Obst & Ferguson
- Adminstrators did not sell Millard (contrary to press reports)
- Spirit of 1873bought club for £30k (if I read it correctly)
- an amount of £44,675 was paid to 'certain employees' in Feb 2011 which the solicitors are trying to recover - section 5.
- Also an interesting list of creditors at the end of the report
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| Can't view the link?
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| try now
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| Still no luck. I've searched on companies house, think I have to pay to view the documents?
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Club Coach | 731 | No Team Selected |
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| should be ok now...not much good at tech stuff
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| Got it now, cheers
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International Chairman | 5392 | No Team Selected |
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| Sir Rodney Walker owed 184k!
Also it seems to suggest that we got 20k in total for the transfers of Obst and Ferguson and apparently we still owed Huddersfield 24k??
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International Star | 72 | No Team Selected |
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| Jesus Christ thats allot of creditors!
24k to Huddersfield Giants?
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| Quote ="Chuck Bartowski"24k to Huddersfield Giants?'"
Kirmond wages??
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| How much did we pay for Luke George?
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International Chairman | 4148 | No Team Selected |
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| We owe Superleague a grand!
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International Star | 72 | No Team Selected |
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| Quote ="charlie"We owe Superleague a grand!'"
*owed
All the creditors will have been wiped out now I would think.
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Player Coach | 4163 | No Team Selected |
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| What about the over 750k payable to HMRC!!!
How on earth can we amass a sum like that when we had already paid two sums of over GBP 150k in the last two seasons?
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Club Coach | 731 | No Team Selected |
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| doesn't look like we were managed well does it. Would be interested to see what the £44K paid to certain employees was for in Feb....any ideas??
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International Chairman | 4148 | No Team Selected |
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| Club shop staff? I heard they had decent wages
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Player Coach | 99 | No Team Selected |
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| who spent £596 at subway? thats a lot of sarnies
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| frankly its staggering, and we are fools if we believe what is in there bodes well for the future, the company was sold for only 30k????? trust me that does not say its a going concern.
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Player Coach | 13851 | No Team Selected |
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| .
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Player Coach | 13851 | No Team Selected |
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| Quote ="chapster"frankly its staggering, and we are fools if we believe what is in there bodes well for the future, the company was sold for only 30k????? trust me that does not say its a going concern.'"
To be fair there's not much the club has in terms of assets. Not had any experience in this sort of thing but what exactly has that 30k bought. A club with little chance of a SL license?
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International Star | 501 | No Team Selected |
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| So do we still owe 750k to HMRC or has this been paid?
At the initial fans evening AG said he would "bring an end to that sort of a business model"; so has he paid it off? A plan put in place? This document didn't clear up many of my initial thoughts.
Nobody can deny there has been a change at BV, anyone who has been down recently can feel it in the air, but for me there are still a few areas that seem hush hush. The stadium; for next year and beyond, investment and past debts/ bad experiences leave me unsold on AG as yet.
Nobody can deny he has the potential spending power and I hope will ultimately will make a strong SL team out of us. I'm just not sure of the length of game he's playing.
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Rank | Posts | Team |
Club Coach | 4809 | No Team Selected |
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| Quote ="chapster"frankly its staggering, and we are fools if we believe what is in there bodes well for the future, the company was sold for only 30k????? trust me that does not say its a going concern.'"
Not really. Rangers were sold for a quid this week, and I'm surprised we were sold for that much. Spirit of 1873 have bought the name and anything tanigble the club owns (the logo would have a 'value' for example.)
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Player Coach | 13851 | No Team Selected |
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| Think the debts would been wiped out or vastly reduced during the process of administration so it's no longer owed.
It does make you think what the £500K would've done if the figure had been reached. Seems there would still have been a £250k shortfall.
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Player Coach | 27039 | No Team Selected |
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| Quote ="Khlav Kalash"Think the debts would been wiped out or vastly reduced during the process of administration so it's no longer owed.
It does make you think what the £500K would've done if the figure had been reached. Seems there would still have been a £250k shortfall.'"
It would have papered over a large crack and thats exactly why i would not put in.
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Player Coach | 708 | No Team Selected |
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| Quote ="G.Price Fan Club"So do we still owe 750k to HMRC or has this been paid?
At the initial fans evening AG said he would "bring an end to that sort of a business model"; so has he paid it off? A plan put in place? This document didn't clear up many of my initial thoughts.
Nobody can deny there has been a change at BV, anyone who has been down recently can feel it in the air, but for me there are still a few areas that seem hush hush. The stadium; for next year and beyond, investment and past debts/ bad experiences leave me unsold on AG as yet.
Nobody can deny he has the potential spending power and I hope will ultimately will make a strong SL team out of us. I'm just not sure of the length of game he's playing.'"
ALL of the debts of WTRLFC Ltd had aline drawn below them when the company went into Administration.
AG said on taking over the club that there were "certain" debts that Spirit of 1873 Ltd "wished to honour" but these will be a relatively small amount of the overall figure and will almost certainly have been paid when the takeover was finalised.
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International Board Member | 4946 | No Team Selected |
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Jan 2003 | 22 years | |
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Jan 2025 | Jan 2025 | LINK |
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| Personally I am disgusted at some the amounts owed to creditors, if I ran my life that I would have no friends only enemies.
I make no wonder people wouldn't invest or support the club
I am certain that whatever happens SL wise we now have a far superior transparent business man in charge.
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