Bolton Wanderers face HMRC wind-up order
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Bolton Wanderers face HMRC wind-up order
https://www.bbc.co.uk/sport/football/47173241" onclick="window.open(this.href);return false;
Re: Bolton Wanderers face HMRC wind-up order
This is not good, I'm certainly not looking forward to what's going to happen to us in 10 years time.
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Re: Bolton Wanderers face HMRC wind-up order
Altogether now 1.2.3. "I love to go a Wandering a wandering down the league " ..
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Re: Bolton Wanderers face HMRC wind-up order
Have HMRC ever actually won a case and got the club wound up?
Re: Bolton Wanderers face HMRC wind-up order
Seems strange that when it comes to football HMRC is at back of the queue.Quickenthetempo wrote:Have HMRC ever actually won a case and got the club wound up?
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Re: Bolton Wanderers face HMRC wind-up order
They rise as different entities as a company. So it would be Let's have another go at keeping this lot going Ltd, Trading as Bolton Wanderers.
Re: Bolton Wanderers face HMRC wind-up order
They've faced more wind ups than a clockwork toy.
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Re: Bolton Wanderers face HMRC wind-up order
Bury just survived a similar do
Re: Bolton Wanderers face HMRC wind-up order
I was told by somebody who works for them that HMRC are gunning for a football club after the ridiculous decision to let Portsmouth off a few years ago.
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Re: Bolton Wanderers face HMRC wind-up order
More wind-ups than Jeremy Beadle.bfcjg wrote:They've faced more wind ups than a clockwork toy.
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Re: Bolton Wanderers face HMRC wind-up order
Glasgow Rangers were effectively put into liquidation by HMRCQuickenthetempo wrote:Have HMRC ever actually won a case and got the club wound up?
https://en.m.wikipedia.org/wiki/Adminis ... l_Club_plc" onclick="window.open(this.href);return false;
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Re: Bolton Wanderers face HMRC wind-up order
Bet they still exist in 10 years
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Re: Bolton Wanderers face HMRC wind-up order
I would hope not, seeing a famous football club be actually wound up is way beyond petty local rivalry.
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Re: Bolton Wanderers face HMRC wind-up order
Agree,but it is Bolton.Cirrus_Minor wrote:I would hope not, seeing a famous football club be actually wound up is way beyond petty local rivalry.
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Re: Bolton Wanderers face HMRC wind-up order
Nothing will happen. Nothing ever happens. Pompey are going to be in the Championship next year. Hardly a disaster is it? Sure a long slog but not the fire and brimstone everyone suggests when talking about over spending and living within means etc.
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Re: Bolton Wanderers face HMRC wind-up order
Would you p!ss with HMRC? Me neither!
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Re: Bolton Wanderers face HMRC wind-up order
We've been hearing that line for years, but HMRC appear to be utterly useless at winding up a club in the top 4 divisions, despite numerous chances to do sobfcjg wrote:I was told by somebody who works for them that HMRC are gunning for a football club after the ridiculous decision to let Portsmouth off a few years ago.
As for Bolton, turns out the PFA have paid the last two months worth of wages but are refusing to pay a 3rd month, so it's going to be interesting to see what happens next.
With HMRC chasing them yet again, unable to pay their staff and reneging on transfer deals, it's probably time the FA/FL stepped in and relegated this lot with a serious points deduction, and gave them another for the start of next season, or just threw them out of the league full stop.
They're an utter shambles financially and their owner doesn't appear to be either bothered or financially capable of sorting them out.
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Re: Bolton Wanderers face HMRC wind-up order
Who owns their ground? Can't they flog that?
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Re: Bolton Wanderers face HMRC wind-up order
Totally agree they have been paying daft wages for years now,and finally it's biting them on the arse,can the FL not see that their product is being devalued by clubs like Bolton,or do the powers that be not care.GodIsADeeJay81 wrote:We've been hearing that line for years, but HMRC appear to be utterly useless at winding up a club in the top 4 divisions, despite numerous chances to do so
As for Bolton, turns out the PFA have paid the last two months worth of wages but are refusing to pay a 3rd month, so it's going to be interesting to see what happens next.
With HMRC chasing them yet again, unable to pay their staff and reneging on transfer deals, it's probably time the FA/FL stepped in and relegated this lot with a serious points deduction, and gave them another for the start of next season, or just threw them out of the league full stop.
They're an utter shambles financially and their owner doesn't appear to be either bothered or financially capable of sorting them out.
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Re: Bolton Wanderers face HMRC wind-up order
I do so hope that they go bust.
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Re: Bolton Wanderers face HMRC wind-up order
Biggest joke going football and the taxman.
Re: Bolton Wanderers face HMRC wind-up order
And teams have been sticking two fingers up to the taxman and others in the past. Leicester built a brand new stadium yet knew they couldn't pay for it. They just went into administration.
And Ipswich just wiped out their debt doing the same.
If you can't pay you should be automatically relegated, regardless.
And Ipswich just wiped out their debt doing the same.
If you can't pay you should be automatically relegated, regardless.
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Re: Bolton Wanderers face HMRC wind-up order
The Glasgow Rangers that emerged are legally a new club. They had to enter the Scottish League at a lower level. It just looks like the old club and has claimed the old club's records. But it is not the same legal entity.Stalbansclaret wrote:Glasgow Rangers were effectively put into liquidation by HMRC
https://en.m.wikipedia.org/wiki/Adminis ... l_Club_plc" onclick="window.open(this.href);return false;
This has happened here; Accrington Stanley for example, but for the most part clubs avoid it by Administration and CVA's.
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Re: Bolton Wanderers face HMRC wind-up order
spot on and it should be at least 2 divisionsSpijed wrote: If you can't pay you should be automatically relegated, regardless.
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Re: Bolton Wanderers face HMRC wind-up order
HMRC goes in early with Winding Up petitions; the Football Creditors rule means that when a club goes into administration, the Players become preferential creditors and are paid out ahead of other creditors including HMRC. Hence HMRC tried to limit their losses by challenging the Football Creditors rule as 'Tax Evasion' in the Courts, though they lost the case in 2012. The rule is said to cost the taxpayer hundreds of millions of pounds. A quick search reveals winding up petitions issued by HMRC against Bolton, Southend, Nuneaton, Bury. Hereford United were wound up and Villa came close before a change of ownership. Birmingham remain in trouble.
Football tries to protect its own at the expense of the public. The response of HMRC is to play hard ball when clubs don't pay them.
Football tries to protect its own at the expense of the public. The response of HMRC is to play hard ball when clubs don't pay them.
Re: Bolton Wanderers face HMRC wind-up order
Trotters Independent Traders?IanMcL wrote:They rise as different entities as a company. So it would be Let's have another go at keeping this lot going Ltd, Trading as Bolton Wanderers.
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