Breaking News Southend to be wound up again.

[Fairport]

Sounds like the usual trick adopted by struggling businesses. Wait till the creditor sues you then settle out of court for a lower amount therefore saving you money.

 

[Smiffy]

Hang on a minute - why the hell is anyone blaming Ron? We've CLEARLY got more outgoings than income and he's kept it all going by juggling around behind the scenes. In addition we've got the fattest squad in the division and the manager has been backed as much as any other manager in this league. Why should the fact that we can't pay our bills surprise anyone?

What exactly do you want the Chairman to do? If this is his incompetence, what would you do differently?

Perhaps pay the bill due in the first place, before wasting £2m on 50 Tonnes of scrap metal maybe?

 

[londonblue]

Perhaps pay the bill due in the first place, before wasting £2m on 50 Tonnes of scrap metal maybe?

But, the bill was disputed. I wouldn't pay anything whilst still in dispute, otherwise you're then left with trying to reclaim the money which is a whole lot harder.

(I caveat the above on the basis that the fact that it was in dispute is based on an announcement from RM, and you can't ever be 100% sure his statements are accurate.)

 

[Smiffy]

But, the bill was disputed. I wouldn't pay anything whilst still in dispute, otherwise you're then left with trying to reclaim the money which is a whole lot harder.

(I caveat the above on the basis that the fact that it was in dispute is based on an announcement from RM, and you can't ever be 100% sure his statements are accurate.)

Well indeed. "Disputing" buys a few more weeks to find some shrapnel down the back of the sofa though eh :winking:

 

[Jam_Man]

Perhaps pay the bill due in the first place, before wasting £2m on 50 Tonnes of scrap metal maybe?

Theres no way we paid 2 million for anything.

 

[Smiffy]

Theres no way we paid 2 million for anything.

Oh I know. But Ron said.

 

[Ailsa Road Shrimper]

I used to work in the same building as Dechert in London and saw Ron in the lifts visiting them a few times, albeit this was a few years ago. I dread to think how much Dechert charge for providing their services though, it appears too much for Ron to be able to afford!

 

[C'mon you Shrimpers]

Perhaps pay the bill due in the first place, before wasting £2m on 50 Tonnes of scrap metal maybe?

FFS Smiffy, your better than this.

 

[Yorkshire Blue]

I'm not sure what they would get out of a winding up order (other than satisfaction).

Satisfaction of the debt!

But, the bill was disputed. I wouldn't pay anything whilst still in dispute, otherwise you're then left with trying to reclaim the money which is a whole lot harder.

(I caveat the above on the basis that the fact that it was in dispute is based on an announcement from RM, and you can't ever be 100% sure his statements are accurate.)

There are disputes and there are disputes.

Is it a bill for £1m and Ron's dispute is that we should only be paying £999,995, asking for the bill to be reissued because there's a typo in it or is it actually a more material dispute?

The club don't seem to be disputing their liability and have quickly settled up, which I think speaks volumes.

Things generally have to get pretty bad before law firms start suing their own clients.

 

[Supa Shrimpa]

Have the club settled up ?

 

[londonblue]

Satisfaction of the debt!



There are disputes and there are disputes.

Is it a bill for £1m and Ron's dispute is that we should only be paying £999,995, asking for the bill to be reissued because there's a typo in it or is it actually a more material dispute?

The club don't seem to be disputing their liability and have quickly settled up, which I think speaks volumes.

Things generally have to get pretty bad before law firms start suing their own clients.

It's not the first time SUFC have been sued by their solicitors though. It also happened under VJ.

 

[Mick]

Theres no way we paid 2 million for anything.

No, that winding up order comes later.

 

[united we stand]

Oh I know. But Ron said.

Maybe my memory is playing tricks, but the number was 2 million once installed with changing rooms etc etc. I recall a purchase price figure of 500,000. To tired to check tonight.

 

[Shrimpson]

Have the club settled up ?

They haven't said they have, just that the order will be dismissed. Two different things in my book

 

[SHRIMPERPETER]

They haven't said they have, just that the order will be dismissed. Two different things in my book

It does say though that an agreement has been reached so I would say yes?:unsure:

 

[Supa Shrimpa]

They haven't said they have, just that the order will be dismissed. Two different things in my book

Exactly my point...and I would rather the statement said it "has been" dismissed, as opposed to "will be".

 

[AndyT]

Forgive my ignorance, as I've not followed the whole situation as closely over recent years as I would have liked to, but where exactly are we with Sainsbury's and the current ground.

If the new ground never gets built, do Sainsbury's have any say in the future of Roots Hall or are they just part owners and have no control at all on decisions?