Board Winding up order served by Kassam

[Shosho]

 

[bert]

Oh ffs

 

[bazzer9461]

Oh ffs

Tiger f*****g out

 

[Shosho]

Let’s all turn up with scarves, flags, anything oufc branded and hold them upside down

 

[unification]

? We don’t want five, we don’t want five! ?

Even if once again this one is paid, why oh why did they let it happen again?!

 

[Wallop]

Before this forum goes into total meltdown, could a Forumite with accountancy expertise (e.g. Mark G) provide an analysis of this latest Winding Up Petition. My Qs on the matter are:

Is this sheer incompetence on behalf of the club OR
Is this Firoka playing hardball over arbitration payments OR
Is this due to something else

Could/should the club have foreseen this scenario and could they reasonably have done anything about it?

What impact will this have on the club - none, deteriotation of credit rating, provide other suppliers with the opportunity to bring a claim for unpaid monies, other?

 

[Shropshire U]

You what? You what?? You whatyouwhatyouwhat???

 

[bert]

Before this forum goes into total meltdown, could a Forumite with accountancy expertise (e.g. Mark G) provide an analysis of this latest Winding Up Petition. My Qs on the matter are:

Is this sheer incompetence on behalf of the club OR
Is this Firoka playing hardball over arbitration payments OR
Is this due to something else

Could/should the club have foreseen this scenario and could they reasonably have done anything about it?

What impact will this have on the club - none, deteriotation of credit rating, provide other suppliers with the opportunity to bring a claim for unpaid monies, other?

It is just shambolic. I can't remember the exact wording of Tiger's comments whether it was 'settled' or 'paid' but whatever it is, it obviously isn't paid and certainly not settled if Firoka are lodging high court cases against us.

He's obviously heard the s**t enough times to not trust that he's getting paid so has taken action.

 

[Newton Yellow]

Shame when the board couldn't expect some of the costs to come through, but we all now expect a WUP every month.

 

[Shosho]

Weren’t processes in place to prevent these ‘bumps in the road’?

 

[Wallop]

Tiger f*g out

Before this forum goes into total meltdown, could a Forumite with accountancy expertise (e.g. Mark G) provide an analysis of this latest Winding Up Petition. My Qs on the matter are:

Is this sheer incompetence on behalf of the club OR
Is this Firoka playing hardball over arbitration payments OR
Is this due to something else

Could/should the club have foreseen this scenario and could they reasonably have done anything about it?

What impact will this have on the club - none, deteriotation of credit rating, provide other suppliers with the opportunity to bring a claim for unpaid monies, other?

Looks like I was too late.......

 

[bert]

Weren’t processes in place to prevent these ‘bumps in the road’?

Apparently

 

[bert]

And if this gets paid because of high court action, will HMRC be delayed again?

 

[SwissYellow]

Unpopular opinion of the day:

Is Firoz, pushing this winding up order through to put pressure on Tiger?

 

[Manorlounger]

You couldn't make it up. Un-f*****g-believable.

 

[bert]

Unpopular opinion of the day:

Is Firoz, pushing this winding up order through to put pressure on Tiger?

To what end? To get paid or for other reasons?

 

[SwissYellow]

To what end? To get paid or for other reasons?

I've heard before, from fairly "decent" people that actually, after all the shite, Firoz is concerned that the club doesnt go under and he's very sceptical about Tiger's reign.

 

[Northstandboy]

So this is different to the HMRC winding up orders?

 

[West Oxon U’s]

I am very sceptical about Kassam - you should be too.

 

[SwissYellow]

So this is different to the HMRC winding up orders?

In so much as it's Firoka who invoked the winding up order and not HMRC

 

[Manorlounger]

I would imagine that FK knows a great deal about Tigers finances and reasons that this is the most likely way to get paid.
Why does the little s**t keep telling lies?

 

[Common Villager]

There's undoubtedly a reasonable explanation for this late payment. We can't simply ignore: January, training ground, unexpected costs. Be fair guys.

 

[bert]

I've heard before, from fairly "decent" people that actually, after all the shite, Firoz is concerned that the club doesnt go under and he's very sceptical about Tiger's reign.

Ah, OK. Never thought of that.

It'd be a hell of a way of doing it though wouldn't it? From my understanding, a winding up order results (if the court agrees) in an receiver to liquidate all of the debtors assets, which in turn pay back the debts. I may be wrong though.

We've got no assets, other than players, so forcing them to be sold would do more damage than good, I'd have thought.

It could be a way of forcing Tiger to come out and say what his plans are but I don't think that's likely - but who knows?

 

[battman]

Anyone else finding this funny in a macabre kind of way? It's so ridiculous it's laughable.

 

[SwissYellow]

Excatly, it could be a move to force Tigers hand.

Who knows tho!

I recon that we as fans are going to need to be ready to mobilse....

 

[Newton Yellow]

Yes. This time we're not paying Firoka rather than the government.

Pretty sure the process is different, Firoka will have taken a claim to the county court first and after award transferred to the high court.

Not as easy for a WUP to be raised as it is by HMRC - I think.

 

[Shaun Rice]

Let’s all turn up with scarves, flags, anything oufc branded and hold them upside down

That’s right until fans protest nothing is going to happen.
KR would be sacked if the crowd stood together and chanted him out.
Even Kassam left after the protest to the board room and us sat outside.
If you ask me the ultras have one last job it’s to organise a protest against the club.

 

[EastGown]

With the fourth winding up petition, awful treatment of the Ultras, lack of communication, poor on-field performances and lack of 'WOW' signings promised; it's nothing but bad news lately. Think there might be quite a few season tickets not renewed this year.

 

[Shaun Rice]

Pretty sure the process is different, Firoka will have taken a claim to the county court first and after award transferred to the high court.

Not as easy for a WUP to be raised as it is by HMRC - I think.

Tigger pay up or we’ll be on can’t pay take it away!

 

[LondonRoader]

Thank you Daryl