londonblue
Topgun Pilot
- Joined
- Feb 18, 2004
- Messages
- 19,195
But why does he play games with HMRC? I can only go on what's in the press, tbh, I've not looked at his history as SUFC hasn't needed to be on my radar until Goodship went to you
Because we, like many clubs, have cash flow issues and he pays them late to ensure football related debts are paid first. That way we don't incur any EFL penalties such as fines and points deductions.
HMRC don't like the fact that they are less important to football clubs in general than football related debts so the minute we're late they issue proceedings. They and we know the debt will be paid off before the case reaches court.
Once proceedings are issued we are put in an embargo, but that is only an issue when the transfer window is open. Most of the time we're sorted by then, but not last time.
Once the refinancing is sorted the debt will be paid.