pete 2,499 Posted June 20, 2012 Share Posted June 20, 2012 Just when you think things can't get any worse you find out they can. Will Ticketus take a chance as the supporters have said they won't buy season tickets? I doubt if they will if Ticketus are involved. I also doubt if ticketus will be up for taking a double whamy. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,465 Posted June 20, 2012 Share Posted June 20, 2012 as I understand it a director has to put a company in admin if its insolvent otherwise he's breaking the law. could in theory be quickly. Whyte kept it going for 9 months and hasn't been charged. 0 Quote Link to post Share on other sites More sharing options...
Craigy1881 79 Posted June 20, 2012 Share Posted June 20, 2012 If we are going for an overdraft we should be staying away from Lloyds ffs. Must be others surely. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2012 Share Posted June 20, 2012 Nothing wrong with an overdraft (in fact it's essential) but no banking facilities at this stage is a real worry. yeah I made that point a few times re the overdraft tbk arranged with ticketus. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2012 Share Posted June 20, 2012 (edited) Whyte kept in ging for 9 months and hasn't been charged. yeah I get the impression its one of those loose financial laws. but if were really lucky bdo will investigate and nail him on this or something. Edited June 20, 2012 by the gunslinger 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,465 Posted June 20, 2012 Share Posted June 20, 2012 yeah I get the impression its one of those lose financial laws. . It's not and he should get done for illegal trading. It would happen in a lot of cases and HMRC may well push for it. It's something that (most) directors are very wary of. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2012 Share Posted June 20, 2012 It's not and he should get done for illegal trading. It would happen in a lot of cases and HMRC may well push for it. It's something that (most) directors are very wary of. good news thanks bluedell. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,367 Posted June 20, 2012 Share Posted June 20, 2012 How can Ticketus get their hands on season ticket money? Well, the deal was supposedly ripped up so I don't think they can but should any legal action arise against the oldco then I wouldn't have thought it was a good idea to have money in their accounts from season book sales. What's your thoughts on the account stuff? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,465 Posted June 20, 2012 Share Posted June 20, 2012 Well, the deal was supposedly ripped up so I don't think they can but should any legal action arise against the oldco then I wouldn't have thought it was a good idea to have money in their accounts from season book sales. What's your thoughts on the account stuff? Still time to get banking arrangements put in place before the DDs start. If it's true then it suggests a certain amount of amateurism. However there's so much crap floating around that I'm not putting much faith in the story. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,367 Posted June 20, 2012 Share Posted June 20, 2012 Still time to get banking arrangements put in place before the DDs start. If it's true then it suggests a certain amount of amateurism. However there's so much crap floating around that I'm not putting much faith in the story. Fair enough. I'd have thought banking arrangements were the first thing that should have been done but I'm no expert. For me, it's just another worrying sign of someone struggling to move the club forward. 0 Quote Link to post Share on other sites More sharing options...
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