Silver Foxtmesis In reality, it's very rare for a winding up order to be carried out on a football club. This appears to be our fourth, and we never even heard about the other three.
Maybe they're not so rare and you just don't hear about them?
Snowflake RoyalSilver Foxtmesis In reality, it's very rare for a winding up order to be carried out on a football club. This appears to be our fourth, and we never even heard about the other three.
Maybe they're not so rare and you just don't hear about them?
HMRC throw them at clubs straight away because they're fed up of being stiffed on tax.
Most clubs who've gone into administration get them.
Dirk GentlySnowflake RoyalSilver Fox
Maybe they're not so rare and you just don't hear about them?
HMRC throw them at clubs straight away because they're fed up of being stiffed on tax.
Most clubs who've gone into administration get them.
They started doing them because of the Football Creditors Rule, which said that football debts got higher priority than all other debts, including tax debts - and existed to allow football to function they way it does (without it there'd be no transfers or away tickets sold).
But this screwed over HMRC (and lots of small creditors in the case of Pompey) so as a reaction HMRC instigated a policy of not negotiating or bargaining with football clubs - they just go straight to Winding Up Petitions.
As taxpayers, we should applaud them.
From Despair To Where?Snowflake RoyalRoyal_jimmy The fact this is being discussed over social media shows
1) the club are a disgrace not quashing the speculation if it's not true and continuing to mug off the fans who have bought season tickets.
2) there's truth in it and we are deep in the brown stuff
Absolutely standard practice to not comment on ongoing legal matters.
I wish people would shut up about statements. We got one from Bowen at the end of the season. We got one from the useless CEO about 2 weeks ago. They say nothing interesting. People complain about what is said, what isn't said. And within days want another one because there's a new twitter rumour.
Get over the social media instant gratification herd and realise you don’t have any right or reasonable expectation of hearing what's going on at the club 24/7. You're a customer, not the majority shareholder.
We have until 29th June to answer the EFL charges and, as you say, they're not going to make a public statement regarding ongoing legal matters beyond what they've already said.
Snowflake Royal HMRC throw them at clubs straight away because they're fed up of being stiffed on tax.
genome Nowhere to be seen on the BBC Sport football page. No-one gives a fcuk, do they?
genome Nowhere to be seen on the BBC Sport football page. No-one gives a fcuk, do they?
glenroyal https://www.bbc.co.uk/sport/football/66031836
katweslowski The depressing thing is about this (well, one of them) is that if Reading FC were to get into even more trouble and go out of business, it would probably get a 2-3 minute mention on Sky Sports News, probably after the latest rumour around Manchester City.
It sums up football really, both the journalistic material and the way the game works now.
katweslowski The depressing thing is about this (well, one of them) is that if Reading FC were to get into even more trouble and go out of business, it would probably get a 2-3 minute mention on Sky Sports News, probably after the latest rumour around Manchester City.
It sums up football really, both the journalistic material and the way the game works now.
tidus_mi2katweslowski The depressing thing is about this (well, one of them) is that if Reading FC were to get into even more trouble and go out of business, it would probably get a 2-3 minute mention on Sky Sports News, probably after the latest rumour around Manchester City.
It sums up football really, both the journalistic material and the way the game works now.
If we get a deadline to being liquidated, Sky Sports will be all over that, they'll have a big timer and everything.
Dirk GentlySnowflake RoyalSilver Fox
Maybe they're not so rare and you just don't hear about them?
HMRC throw them at clubs straight away because they're fed up of being stiffed on tax.
Most clubs who've gone into administration get them.
They started doing them because of the Football Creditors Rule, which said that football debts got higher priority than all other debts, including tax debts - and existed to allow football to function they way it does (without it there'd be no transfers or away tickets sold).
But this screwed over HMRC (and lots of small creditors in the case of Pompey) so as a reaction HMRC instigated a policy of not negotiating or bargaining with football clubs - they just go straight to Winding Up Petitions.
As taxpayers, we should applaud them.
Dirk GentlySnowflake RoyalSilver Fox
Maybe they're not so rare and you just don't hear about them?
HMRC throw them at clubs straight away because they're fed up of being stiffed on tax.
Most clubs who've gone into administration get them.
They started doing them because of the Football Creditors Rule, which said that football debts got higher priority than all other debts, including tax debts - and existed to allow football to function they way it does (without it there'd be no transfers or away tickets sold).
But this screwed over HMRC (and lots of small creditors in the case of Pompey) so as a reaction HMRC instigated a policy of not negotiating or bargaining with football clubs - they just go straight to Winding Up Petitions.
As taxpayers, we should applaud them.
The Green ProgrammeDirk GentlySnowflake Royal HMRC throw them at clubs straight away because they're fed up of being stiffed on tax.
Most clubs who've gone into administration get them.
They started doing them because of the Football Creditors Rule, which said that football debts got higher priority than all other debts, including tax debts - and existed to allow football to function they way it does (without it there'd be no transfers or away tickets sold).
But this screwed over HMRC (and lots of small creditors in the case of Pompey) so as a reaction HMRC instigated a policy of not negotiating or bargaining with football clubs - they just go straight to Winding Up Petitions.
As taxpayers, we should applaud them.
Absolutely..perhaps we should all stand outside our front doors every evening and applaud together
(And report on those unspeakable heretics who choose not to join in)
YorkshireRoyal99katweslowski The depressing thing is about this (well, one of them) is that if Reading FC were to get into even more trouble and go out of business, it would probably get a 2-3 minute mention on Sky Sports News, probably after the latest rumour around Manchester City.
It sums up football really, both the journalistic material and the way the game works now.
I don't really think that's fair, there was an awful lot of attention around Bury (and Bolton) at the time and, even now, you see Bury and their phoenix clubs mentioned in the news (maybe not national news but certainly regional or less popular news).
If the worst was to be the worst and we were to run into more trouble, we'd likely be one of the main news articles on the BBC (and other more popular news outlets) for a while, similar to Derby from a couple of years ago. Obviously we don't exactly want to be in the news for these reasons though, it's hardly a popularity contest.
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