Winding Up Petitions

[MK Shrimper]

I still hope we have our own “Tony Bloom” moment. Brighton were homeless, in dire financial straits and a local boy done good steps in and buys the club and the rest is history. Come on Alison Moyet - be a bigger legend than you are and buy off this Victorian snake oil salesman

Lol, we had this some years back. She's not in the same league as Elton John you know!

https://www.shrimperzone.com/forums/threads/alison-moyet.55976/page-3#post-1055377

 

[Cricko]

I still hope we have our own “Tony Bloom” moment. Brighton were homeless, in dire financial straits and a local boy done good steps in and buys the club and the rest is history. Come on Alison Moyet - be a bigger legend than you are and buy off this Victorian snake oil salesman

We have had her reply to us on that subject before.

 

[Barling Magna]

Alison's great but I think we need a wealthier celebrity........ surely Keef Richards wouldn't notice putting in £25 million....?

 

[Smiffy]

These things are never done and dusted on the day, adjournments are normal so don't be surprised if this drags on 2-3 months.

They are normally. Our other visits on the whole have ended in the petition "Dismissed" on the day.

Today as we were in 2009, we were one step away from a winding up order being served and receivers being appointed to Liquidate. That's the reality.

 

[Shrimper]

Tl:dr

We're ****ed

 

[Leigh_Seasider]

Alison's great but I think we need a wealthier celebrity........ surely Keef Richards wouldn't notice putting in £25 million....?

He's a Kent boy, so no chance of that.

 

[GBJ]

And this is why people have been wary of Ron for 10+ years. The writing has been on the wall for a long time.

We now have six weeks to somehow pay off our debts (which I personally believe are greater than anyone actually realises) and also lay out our plans for funding this club, moving forward.

We are as close to the end, as we could possibly get. We need a small miracle. We need major investment, and I don’t believe that buying & selling pieces of land, is going to be enough to save us.

Still, Ron puts £200k of his own money into this club every month, remember? He just needs to make the usual trip to the vault, and make a slightly bigger withdrawal than usual, right?

 

[C C Csiders]

The Kursaal Flyers might have a few bob between them.

 

[The Big Dady]

So, for the pools, is that a "score draw" or a "no score draw"?

6 weeks of extra time is being played.

 

[MK Shrimper]

The Kursaal Flyers might have a few bob between them.

Enough to buy themselves a round of Mild maybe. Pork scratchings will be pushing it.

 

[Smiffy]

And this is why people have been wary of Ron for 10+ years. The writing has been on the wall for a long time.

We now have six weeks to somehow pay off our debts (which I personally believe are greater than anyone actually realises) and also lay out our plans for funding this club, moving forward.

We are as close to the end, as we could possibly get. We need a small miracle. We need major investment, and I don’t believe that buying & selling pieces of land, is going to be enough to save us.

Still, Ron puts £200k of his own money into this club every month, remember? He just needs to make the usual trip to the vault, and make a slightly bigger withdrawal than usual, right?

SEVEN figures for sure. He's even admitted they are running at LEAST a month behind with tax obligations. With more payments and petitions stacked up ready to go behind the current one.

Special mention also for the staff in particular and players now approaching 6 weeks since their last pay packet. Absolutely awful for them.

 

[Shrimperjohn]

It just can’t continue like this......... it’s only a matter of time now... the reality of it has really hit home.... I think we need a miracle ...

 

[C C Csiders]

But, thankfully, Ron will be alright as he owns the land. Phew!

 

[Rob49]

Think this is only a ‘Stay of Execution’. The court will be give RM every opportunity to pay the outstanding to firstly repay HMRC, however this is likely to be the last.
It is reasonably possible that another creditor could take over the petition even if the HMRC is settled.
i fully expect further Winding up applications in the near future, even if we survive this.
Very worrying times.

 

[Massimo Giovanni]

Alison's great but I think we need a wealthier celebrity........ surely Keef Richards wouldn't notice putting in £25 million....?

I doubt £25 million would be anywhere near the money required , double that might be closer AND for that sort of money high in the pyramid clubs are out there.

 

[Barling Magna]

He's a Kent boy, so no chance of that.

Jeez....... that's Gillingham sorted then.

 

[blues exile]

According to the write up on this on the BBC website the EFL have a deadline of March 26 to impose penalties on clubs in the current season. Presumably the adjournment until April now means that points deductions that might arise from the misconduct charges will apply next season, which will jeopardise our chances of surviving in L2.

 

[The Big Dady]

According to the write up on this on the BBC website the EFL have a deadline of March 26 to impose penalties on clubs in the current season. Presumably the adjournment until April now means that points deductions that might arise from the misconduct charges will apply next season, which will jeopardise our chances of surviving in L2.

This write up?

Link

 

[blues exile]

This write up?

Link

Yes

 

[JD]

Not really. He's probably still not completed the deal he's been working on. In a month's time that will be done and dusted and the money paid, hence the adjournment.

Nothing is ever simple with Ron. Things always take longer than expected.

Finally someone talking sensibly. Some people are getting over excited on here.