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Half Fan Half Biscuit

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Posts posted by Half Fan Half Biscuit

  1. 13 hours ago, europia said:

    In the meantime, presumably the club is operating on additional borrowing, which can't be cheap. Not to mention every hour that passes Quantuma are leeching more money from the financial mire. A good reason for getting the takeover completed in a timely manner, one would think.....

    Double time on Bank Holidays?

  2. 14 minutes ago, Lander said:

    It makes me chuckle that there's two CK's showing on there, one with the birth year of 1987 and the other 1967.

    Imagine if this whole delay is because someone got the initial paperwork wrong, Maikel Kieftenbeld is that you?

    Getting Companies House to change an incorrect DOB is a nightmare. Much easier to resign and reappoint and they won’t even notice. 
     

    What is it they say on their website 

    “Companies House does not verify the accuracy of the information filed”

  3. 9 minutes ago, Crewton said:

    Whatever it's called, that's where Mel's loans are recorded and that's what was being referred to when the threat of him demanding 35p/£ for them a couple of weeks ago was raised in the media. Whilst we don't have access to the paperwork that dictates how they're treated, it's fairly certain imo that they're the classic "loans not required to be repaid by a fixed date". Whether they equal the amount of money he actually put in is another question. 

    Share premium account has nothing to do with being a creditor and no one could demand even 1p in the £ to be repaid. It's a non distributable reserve.

  4. 24 minutes ago, The Baron said:

    What appearance money, I’m not on the payroll of Radio Derby.

     

    As for the figures in the accounts, a company should publish material post balance sheet events, the tenant of the major asset you own going into administration is IMO a significant issue. 

    You are right it should but as the negotiations for sale are ongoing right now, there’s not a director in the world that would publish any sensitive details - so what actual use would a post balance sheet note be? Everyone knows something is happening. 

  5. 49 minutes ago, Barney1991 said:

    Seems to me Ashley wants the stadium More and pay less for club and admins. Kirchner wants club more to avoid deductions but can’t afford the stadium. Seems Ashley wants asset more than club so looking at best interests for himself 

    I may be missing something but surely to come out of administration the MSD debt has to be paid off. It was there as a liability in the statement of affairs. 

  6. 4 minutes ago, JABBA said:

    Mels meeting him to say he doesn’t own the stadium anymore and good luck completing a deal now you exclusivity is over

    Don’t understand why this “exclusivity is over” should be an issue for Kirchner, unless someone suddenly arrives with a much better deal for the creditors. 

  7. 7 hours ago, Sparkle said:

    So the Bill to HMRC has gone up - is that because money due this season hasn’t been passed on? Is that how it works whilst in administration? Or is this newly discovered/claimed?

    i genuinely have no idea!

    The administrators are obliged to pay over the taxes that become due during their period in control - eg PAYE / VAT.

    The progress report shows that HMRC believe they are owed different amounts to those the directors believed were due when the companies went into administration. There is no indication as to who has the right numbers.

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