Breaking News RM Speaks..

[cockles is back]

Sainsburys can't have Roots Hall until we're in another ground in the town. If we didn't have that covenant in place I'd agree that we'd be in real trouble.

well if thats still the case Beefy then thats releived a little of my worry

 

[dloman]

Covenants are quite frequently broken, it depends for whose beneft it was put in place, if it was for the football club and owners of then they can easily appeal against it.

 

[yogi bear up the cagire]

I am just trying to stay calm and trust that, as Ron has said, things will sort themselves out. Interesting to note that the upbeat start to the week, with Sawyer returning, players on trial and waiting to hear from a defender...........has all fallen rather flat with this news. Expectations weren't exactly soaring but we were praying for a signing or two, now, some of us just seem to be praying for survival. They say that a week is long in politics!!!

 

[philtalkin]

so whats your suggestion then big shot?

What's your suggestion?

 

[yogi bear up the cagire]

Whilst everyone is focussed on the football at Barnet tonight ...............should we be keeping one eye on what happens in court tomorrow? Does anyone have an idea if we likely to hear anything on Wednesday, or will we have to wait a little longer to know our fate?

 

[Napster]

Aye, the club can hide behind the covenant to ensure we have a home, but the definite legal action brought to the club by Sainsbury's should the deal go sour will probably force us to sell the ground to raise capital.

We don't own the ground though. Roots Hall Limited own the ground.

 

[Smiffy]

Whilst everyone is focussed on the football at Barnet tonight ...............should we be keeping one eye on what happens in court tomorrow? Does anyone have an idea if we likely to hear anything on Wednesday, or will we have to wait a little longer to know our fate?

Do we no that the hearing is tomorrow then?

 

[yogi bear up the cagire]

Do we no that the hearing is tomorrow then?

that's what it states on the winding up notice

http://www.shrimperzone.com/vb/showpost.php?p=990185&postcount=51

................................not that I know anything about the law........but I thought that there are people on here who do.

 

[shrimperton]

that's what it states on the winding up notice

http://www.shrimperzone.com/vb/showpost.php?p=990185&postcount=51

................................not that I know anything about the law........but I thought that there are people on here who do.

We could all be supporting Col U by the end of the week :O :)

 

[Smiffy]

that's what it states on the winding up notice

http://www.shrimperzone.com/vb/showpost.php?p=990185&postcount=51

................................not that I know anything about the law........but I thought that there are people on here who do.

Ahhh nice one Tony, missed that.

Anyone going then?!...

Date: 16 July 2009 Issue Number: 59129 Page number: 12279 Publication Date: Thursday, 16 July 2009
Notice Code: 2450
Petitions to Wind Up (Companies)
In the High Court of Justice (Chancery Division)
Companies Court No 15187 of 2009


In the Matter of SOUTHEND UNITED FOOTBALL CLUB LTD (THE)




and in the Matter of the Insolvency Act 1986
A Petition to wind up the above-named Company of Torrington House, 47 Holywell Hill, St Albans, Hertfordshire AL1 1HD, presented on 12 June 2009 by the Commissioners for HM Revenue and Customs, of Bush House, Strand, London WC2B 4RD, claiming to be Creditors of the Company, will be heard at the Royal Courts of Justice, Strand, London WC2A 2LL, on 29 July 2009, at 1030 hours (or as soon thereafter as the Petition can be heard).
Any persons intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioners or to their Solicitor in accordance with Rule 4.16 by 1600 hours on 28 July 2009.

The Petitioners’ Solicitor is the Solicitor to HM Revenue and Customs, Solicitor’s Office, South West Wing, Bush House, Strand, London WC2B 4RD, telephone 020 7438 6363. (Ref SLR 837705/37/J/LC.)


16 July 2009.



(871604)

 

[Andy_S]

I noticed the other day that Cork City are about to be wound up after failing to pay their tax bills. Perhaps there might be a bargain to be had in their squad......

I don't expect the same to happen to us though.

 

[Firestorm]

can't see anything on here

http://www.hmcourts-service.gov.uk/cms/list_chancery.htm

 

[Smiffy]

can't see anything on here

http://www.hmcourts-service.gov.uk/cms/list_chancery.htm

Nope. Not in the Chancery division anyway.

Perhaps it has been scrubbed/adjourned for a later date?

 

[Napster]

Nope. Not in the Chancery division anyway.

Perhaps it has been scrubbed/adjourned for a later date?

http://www.hmcourts-service.gov.uk/cms/list_companies_winding.htm

Nothing in the winding-up list, but Kings Lynn FC and Harlow FC are.

 

[Smiffy]

http://www.hmcourts-service.gov.uk/cms/list_companies_winding.htm

Nothing in the winding-up list, but Kings Lynn FC and Harlow FC are.

Had a look at that earlier Naps. It appears to be a week behind...

 

[fbm]

Just a thought.

When the club hasn't made massive profits, how come we have to pay huge tax bills?

 

[Firestorm]

Just a thought.

When the club hasn't made massive profits, how come we have to pay huge tax bills?

VAT possibly ?

 

[dloman]

Just a thought.

When the club hasn't made massive profits, how come we have to pay huge tax bills?

Would imagine it was money owed to inland revenue possibly through a suspense account for wages and NI.

 

[Interpol Shrimper]

Just a thought.

When the club hasn't made massive profits, how come we have to pay huge tax bills?

Employers Tax & NI?

 

[canveyshrimper]

VAT possibly ?

More than likely IMO.