kentblues
Director⭐
- Joined
- Oct 28, 2009
- Messages
- 9,498
Don't nibble at the bait :-)Yes, I'm a Colchester fan and probably far more objective than you are with yourpropagandaposts
Don't nibble at the bait :-)Yes, I'm a Colchester fan and probably far more objective than you are with yourpropagandaposts
If you recall this is all Ron’s fault..
Can you provide some examples of well run clubs affected by this?
You can't keep your feet on the ground and reach for the stars at the same time.
I hope this was meant as a joke otherwise it's a disgraceful comment. I thought fans of other clubs were welcome on our forum. Your comment was rude, disrespectful and totally unnecessaryWho cares what you think. Your a Colchester fan.
I hope this was meant as a joke otherwise it's a disgraceful comment. I thought fans of other clubs were welcome on our forum. Your comment was rude, disrespectful and totally unnecessary
Its called 'Banter' mate !! You'll soon learn our friend Rigsby loves a bit of banta !! As do a lot of us on here, so just be mindful of that to all the snowflakes out there ! LOL!!I hope this was meant as a joke otherwise it's a disgraceful comment. I thought fans of other clubs were welcome on our forum. Your comment was rude, disrespectful and totally unnecessary
I hope this was meant as a joke otherwise it's a disgraceful comment. I thought fans of other clubs were welcome on our forum. Your comment was rude, disrespectful and totally unnecessary
Once upon a time the people of the world had thick skin and could laugh and joke about whatever they pleased.
Then a few years later, a new generation arrived that was fluffy and fully inclusive of all elements of society. Unfortunately for them, their skin was not thick, but as thin as a silver rizzla and as result they look for insults at every turn. Sometimes they even crack a smile and have a laugh. Very rare that this is the case.
This whole post is you being annoyed by someone else's opinion. Snowflake behaviour.Once upon a time the people of the world had thick skin and could laugh and joke about whatever they pleased.
Then a few years later, a new generation arrived that was fluffy and fully inclusive of all elements of society. Unfortunately for them, their skin was not thick, but as thin as a silver rizzla and as result they look for insults at every turn. Sometimes they even crack a smile and have a laugh. Very rare that this is the case.
If only it were that simple.Of course but my point is that the tax has already been collected.
If only it were that simple.
As an ex business owner, I can confirm that you start with all good intentions and to pay everyone what they are owed, on time.
And that's how it is for a while.
Then, something happens. It could be a change in legislation, a change in the market you are trying to reach, someone not paying you, key staff leaving, whatever. But all of a sudden you are drawing on reserves as the sales/fees haven't come in as planned or as they used to..
Unless things turn around quickly, the business owner is faced with various dilemmas which can include things like;
Advertising campaigns
Refinancing
Putting more cash in
Selling part of the business to an investor
Redundancies
Advertising costs money and may not work.
Refinancing will be on the banks terms and may not be possible
Any available cash may have already been put in
Selling in this scenario will be from a position of weakness and desperation, so it's unlikely to provide value (I use the illustration of when Roots Hall was sold. It was a fire sale, only one buyer. Consequently it was at a knock down price)
Getting rid of staff is a way of balancing the books but in the short term causes a huge cashflow issue. Our "cull" in January was probably responsible for a large part of the tax debt as there would have been a PAYE windfall for HMRC which we couldn't have covered.
So, when all else fails and the only money left is the tax collected, then either the company goes under or it "borrows" the money due to HMRC in the hope that it will be replaced.
And so the robbing Peter to pay Paul culture starts, it's an incredibly difficult position to reverse and in most cases is the beginning of the end for the business.
It's an almost impossible situation and yet here we are, still somehow with a football club to support and still with a possibility of a decent future.
Yes, Ron could have paid the tax but knows the rules. Use HMRC as a bank, pay them something at least regularly, wait for the winding up order, get an adjournment and voila! We live to fight another day.
People don't like it, I get that, but it's how business operates.
The time to get antsy and cross is if we get to a point where we CAN cover the costs and Ron still isn't paying. Now THAT'S bad management.
Definitely feeling more positive after listening to that. He made some fairly concrete comments there about discharging the debt. Also a fair point about out of contract players once the window closes, so we should still be able to strengthen once the embargo is lifted.
I am sure when the window closes we can only sign players that were already free agents before the transfer window started?
Yes, but there are loads of free agents out there.
I am sure when the window closes we can only sign players that were already free agents before the transfer window started?
Terrible. How dare they?!