Darlington FC 2009 Ltd - Liquidator's rpt 2015

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Robbie Painter
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Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by Robbie Painter » Tue Oct 13, 2015 3:19 pm

Might make interesting reading to some, last 12 months up to July 2015:

https://beta.companieshouse.gov.uk/comp ... download=0

Also whole filing history here (now free to download):
https://beta.companieshouse.gov.uk/comp ... ng-history

Shows Fulham paid £58.5k in Oct '14 & Charlton £4.6k in Dec '14. Of which £29.5k & £2.3k was paid to DFC 1883.

Also shows dividend payments to creditors, largest of which was £53.8k to Prestige Properties (Raj Singh's company).

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by Quakerz » Tue Oct 13, 2015 3:34 pm

And yet we still have people (including the FA) wrongly claiming that we went bust, and that we are a phoenix club. It is obviously impossible for a phoenix club to pay any of the debts of an unrelated club that went bust.
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“Everybody knows where that club is going now, so I’m out of the way. They can carry on, it’s their club, they can keep it." - Raj Singh, 2017

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by al_quaker » Tue Oct 13, 2015 3:50 pm

Quakerz wrote:And yet we still have people (including the FA) wrongly claiming that we went bust, and that we are a phoenix club. It is obviously impossible for a phoenix club to pay any of the debts of an unrelated club that went bust.
Exactly.

Its the name which causes this I believe. The sooner we can drop the numbers the better.
Robbie Painter wrote: Also shows dividend payments to creditors, largest of which was £53.8k to Prestige Properties (Raj Singh's company).
While I've always known that this was going to happen, this part makes sickening reading. There's also a (smaller) debt to that man himself.

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divas
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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by divas » Tue Oct 13, 2015 4:22 pm

Quakerz wrote:And yet we still have people (including the FA) wrongly claiming that we went bust, and that we are a phoenix club. It is obviously impossible for a phoenix club to pay any of the debts of an unrelated club that went bust.
Strictly speaking Darlington 1883 haven't paid any debts. DFC 2009 have passed on funds to Darlington 1883 once they were received for players they sold and of whom the rights to future fees (50% of) for had been bought by Darlington 1883.

In effect the future transfer fees were an asset owned by DFC2009 50% of which bought by Darlington 1883. I guess any business could buy an asset in that way.

If the payment had been made to Darlington 1883 and then we'd passed it on to DFC 2009 then it would have proved beyond doubt we were the same club, but as the parent club paid to DFC 2009 it does sadly indicate that DFC 2009 are classed as "Darlington FC"

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by Quakerz » Tue Oct 13, 2015 4:31 pm

Lalalalalalalalalala not listening lalalalalalalalalalala.
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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by bertbanger » Tue Oct 13, 2015 8:56 pm

so basically, as is the norm the "big" people get 100% of what they are owed, and the other businesses get 6.5 pence in the pound

so Raj decided not to honour his word then

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by lo36789 » Wed Oct 14, 2015 7:27 am

I wonder why Norwich gave us money? The only player that comes to mind that is playing there that was once with us is Kyle Lafferty.

Just a point, Dan Burn made his 20th game for Fulham at the beginning of October 2014. He has since made his 40th.

I believe the original transfer was reported that there were 2 payments to come based on appearance. That means that at some point this month we should receive another 29.5k.

Wonder why we owe Newcastle and Boro money.

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divas
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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by divas » Wed Oct 14, 2015 7:28 am

Quakerz wrote:Lalalalalalalalalala not listening lalalalalalalalalalala.
:clap:

It honestly pained me to write it

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by Neil Johnson » Wed Oct 14, 2015 7:41 am

lo36789 wrote:I wonder why Norwich gave us money? The only player that comes to mind that is playing there that was once with us is Kyle Lafferty.

Just a point, Dan Burn made his 20th game for Fulham at the beginning of October 2014. He has since made his 40th.

I believe the original transfer was reported that there were 2 payments to come based on appearance. That means that at some point this month we should receive another 29.5k.

Wonder why we owe Newcastle and Boro money.
Norwich may have bought some remnants from Feethams, or the big screen from George's white elephant?

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by Magical Quakers » Wed Oct 14, 2015 8:18 am

lo36789 wrote:I wonder why Norwich gave us money?
It says it is a solidarity payment - good on them if they just gifted us £1k.

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by al_quaker » Wed Oct 14, 2015 8:31 am

Magical Quakers wrote:
lo36789 wrote:I wonder why Norwich gave us money?
It says it is a solidarity payment - good on them if they just gifted us £1k.
Solidarity payments (I think) are when a club is promoted back to the premier league the season after relegation from the premier league, and so their remaining parachute payments are split up between other clubs.

Or I could be completely wrong!

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divas
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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by divas » Wed Oct 14, 2015 9:40 am

I think you're completely right al_quaker

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by TS3 » Wed Oct 14, 2015 10:14 am

lo36789 wrote:I wonder why Norwich gave us money? The only player that comes to mind that is playing there that was once with us is Kyle Lafferty.

...
The accounts say the payment was in relation to a player that had previously been on loan to DFC

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by lo36789 » Wed Oct 14, 2015 11:16 am

TS3 wrote:
lo36789 wrote:I wonder why Norwich gave us money? The only player that comes to mind that is playing there that was once with us is Kyle Lafferty.

...
The accounts say the payment was in relation to a player that had previously been on loan to DFC
Indeed. I had read that, which is why I mentioned Lafferty, he was on loan with us from Burnley years ago and now player for Norwich. I can't think of anyone else we have had either on loan from Norwich or played for Norwich in 2014/15 that has been on loan with us.

It specifically calls out it is due to a player that was on loan, which isn't the re-distribution of parachutes? Unless that is the criteria that they look at the playing squad but that would be bizarre.

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by ArmchairDiehard » Wed Oct 14, 2015 1:43 pm

lo36789 wrote:I wonder why Norwich gave us money? The only player that comes to mind that is playing there that was once with us is Kyle Lafferty.

Just a point, Dan Burn made his 20th game for Fulham at the beginning of October 2014. He has since made his 40th.

I believe the original transfer was reported that there were 2 payments to come based on appearance. That means that at some point this month we should receive another 29.5k.

Wonder why we owe Newcastle and Boro money.
Lafferty only came to us on loan from Burnley. Not sure that we'd be due any money from any future achievements / incentives.
Quakerz wrote:
stayhigh13 wrote:I would hazard a guess as someone with a long throw who is also tall.
What about Steve Backley?

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by divas » Wed Oct 14, 2015 2:44 pm

ArmchairDiehard wrote:
lo36789 wrote:I wonder why Norwich gave us money? The only player that comes to mind that is playing there that was once with us is Kyle Lafferty.

Just a point, Dan Burn made his 20th game for Fulham at the beginning of October 2014. He has since made his 40th.

I believe the original transfer was reported that there were 2 payments to come based on appearance. That means that at some point this month we should receive another 29.5k.

Wonder why we owe Newcastle and Boro money.
Lafferty only came to us on loan from Burnley. Not sure that we'd be due any money from any future achievements / incentives.
“If a professional is transferred before the expiry of his contract, any club that has contributed to his education and training shall receive a proportion of the compensation paid to his former club (solidarity contribution). The provisions concerning solidarity contributions are set out in Annexe 5 of these regulations.”
So it would have been for Lafferty as we'd be considered part of his education.

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by ArmchairDiehard » Wed Oct 14, 2015 2:56 pm

Oh well. I stand corrected.

Every little helps I suppose.
Quakerz wrote:
stayhigh13 wrote:I would hazard a guess as someone with a long throw who is also tall.
What about Steve Backley?

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by lo36789 » Wed Oct 14, 2015 3:50 pm

Well you learn something new everyday.

Maybe Steve Staunton was just thinking really long term...get loads of players in and reap in the solidarity payments later on...

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Re: Darlington FC 2009 Ltd - Liquidator's rpt 2015

Post by Quaker0006 » Wed Oct 14, 2015 6:21 pm

Think it probably does relate to Lafferty. Theres a cross border policy of some sort that states clubs being owed if they contribute to players education even if on loan, before 24 years old. Seems its not well known

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