Re: Monkey hangers
Posted: Tue Jan 09, 2018 12:50 pm
I guess the 3 serious bidders, may have been put off by what they found.
The number one Darlington FC fan's website
https://www.darlofc.co.uk:443/forum/
https://www.darlofc.co.uk:443/forum/viewtopic.php?f=2&t=35192
Or he could go in and want to prove us wrong, 'here's what you could have had' style...Spyman wrote:I doubt Singh would be interested as the Council own the ground.
Arrr that explains how they've been running self suffient, they've been flogging stuff on ebay since 2006! And all this time I thought it was IOR pumping the money in!tezza wrote:HUFC: Take a look through the range of past-season match kit we have up for sale right now on eBay.
We’ve been for another look through the kit archives here at The Vic and have found a great selection of shirts and shorts to offer for sale.
We have a selection of the 2016/17 match-worn away kit available, as well as a selection of older player-worn shirts.
As well as this, we have player-worn match shorts and a range of other match shirts available at bargain prices.
Almost down to the soiled panties for sale
It just shows how far we have come from a similar situation and just makes you think how comfortable we are with only a £65k legacy debt to worry about.Certainly would not swap places with them at this moment in time but it was always waiting to happen when IOR pulled the plug.LoidLucan wrote:"Wages, for both playing and non-playing staff are due on January 25, and the club has to find around £200,000 as a tax bill is also due in the next 16 days."
Oh dear.....
spot on. with RS it's all about making money - that's fine - he's a businessman - it's what they do. the neck stretchers have no assets or potential, so he won't be interested.Spyman wrote:I doubt Singh would be interested as the Council own the ground.
If this were to happen, at least they'd have the chance to learn from us - the supporters can do the decent thing and try to pay back the creditors like we did but they know the FA will shaft them anyway, so they might as well 're-form'.Darlo-and-Back wrote:Most buyers would let it go into admin, ditch the debt and do a deal. Doesn’t sound promising for them. Same boat as us in that a buyer would need the FA membership transferred by the current controlling interest and to clear the football debt or they will be pushing up the Northern League next season.
Only if you leave without a CVA.theoriginalfatcat wrote:I thought the Conference had very strict rules about clubs going into admin? i.e. pay the correct amount or get kicked out.
Surely that extends to the rest of the debt which is due though or does it not?divas wrote:Unpaid debts can be written off for tax purposes so it’s unlikely a paltry few pence in the pound would be accepted if the creditor wasn’t bothered about the club folding. As happened to us in 2012.
That was true with Rangers certainly. That is only football club admin where they have had a sufficient share of the debt to actually influence the vote.Darlo_Pete wrote:The Inland Revenue usually want all their monies paid to them in full. Sounds like the 2 potential investors are not keen on the finances.
Spyman wrote:If this were to happen, at least they'd have the chance to learn from us - the supporters can do the decent thing and try to pay back the creditors like we did but they know the FA will shaft them anyway, so they might as well 're-form'.Darlo-and-Back wrote:Most buyers would let it go into admin, ditch the debt and do a deal. Doesn’t sound promising for them. Same boat as us in that a buyer would need the FA membership transferred by the current controlling interest and to clear the football debt or they will be pushing up the Northern League next season.
They have the advantage of having a Council owned ground to play in even if they end up in the Northern League and they currently have a far bigger fanbase than we did at the same stage 5 years ago. Three admins in 12 years completely killed our fanbase whereas they probably still have 3,000+ to draw on for fundraising.
A blanket 1p in the £ would still leave football debt and there is no guarantee that HMRC would go along. Depend on who’s owed how much really.lo36789 wrote:It depends if their major creditor digs their heels in or not. Assuming majority creditor is the current owner. If they agree to a 1p in the £1 CVA then there is a pretty easy escape for them.
Surely only a highly vindictive owner would have a playoff between 1p in the £1 or 0p in the £1 (no CVA) and would take the latter option...unless their hands were tied and had no choice etc. etc.
if they are in adminstration when the conference agm is held in June then they may be refused entry to that seasons conference league.theoriginalfatcat wrote:I thought the Conference had very strict rules about clubs going into admin? i.e. pay the correct amount or get kicked out.
May get Mr Stelling doing an appeal on Sky Sports this Saturday. I am sure the panel will all chip in a slice of their appearance feesDarlopartisan wrote:They are going for a crowd funding to raise the 200K, off to a good start 3500 raised so far.
Well Jeff Stelling can piss off.jjljks wrote:May get Mr Stelling doing an appeal on Sky Sports this Saturday. I am sure the panel will all chip in a slice of their appearance feesDarlopartisan wrote:They are going for a crowd funding to raise the 200K, off to a good start 3500 raised so far.
BBCSportArticle wrote:Local rivals Darlington struggled with a similar situation in 2011-12, where only a last-gasp injection of money from the fan-run DFC Rescue Club kept them going until the end of the season.
Unfortunately, the Quakers were unable to find further investment to overcome their predicament and eventually reformed as a phoenix club, but Stelling does not anticipate the same fate for Pools.
"I'm really hopeful that we will have a new investor in place in the not too distant future," he added.