Something just doesn't make sense to me?
Season ticket money, land sale and it still ain't paid :S

I have no doubt it will be paid but what about after feb and next month?
More gambling going on than a casino.

I'm getting more and more concerned, apart from spending all future revenue streams, there is talk that we are going to offer HMRC £1 million as an offer to stave off this winding up order!

As I said only talk but it does seem more worrying by the day

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the bill after this one wont be as big will it? this more a collection of missed debts isn't it? I could well be wrong but that's now I understood it.

OK, just read the linked article and there it is £1 million.

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I'm not sure that we're in a position to gamble at the moment, as you have to have money to be able to do that! We know that we have to pay a reported £80,000 per month to Langstone and our players wages are also a reported 1.1m - 1.2m per month (Not sure whether this covers the PAYE as well). I'm prepared to give PR the benefit of the doubt and say that there must have been a business plan worked out at the end of last season (To cover this season at least) and that these "Unforeseen Costs" in completing the new stadium, must be really impacting on us! Just hope we get some good news soon, which will hopefully emerge come the Trust's meeting in a couple of weeks time!

Payments due at the end of the financial year........ feck me......salaries of PR. DJ and Chops 140k per month.....what does the club have to pay in tax and Nat. ins on that alone?

Exactly I would expect the next bill from HMRC to be higher, as our wages are now higher than last season

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Can anyone explain to me what a House of Sports is? Because if it's just a fancy way of saying 'gym' or a stupid way of saying Sports Museum I don't understand why the council is so worked up on it being built.

I think the most poignant part of the article is the Council wouldn't be allowing the sale of land if the club was about to go belly up.

[quote="RobinFridaysMagicHat"]Can anyone explain to me what a House of Sports is? Because if it's just a fancy way of saying 'gym' or a stupid way of saying Sports Museum I don't understand why the council is so worked up on it being built.quote]

It's a sports house!
I think that the council are keen to get this project completed, as they have a number of Community based schemes lined up. As they are also democratically elected and there are a number of people disillusioned with the council for giving us the land in the first place. Building this House Of Sports will clearly put the council in a better light with those unhappy people and serve to get them re-elected!

Forgot to mention, it's a "Gym!"

Something just doesn't make sense to me?
"Unforeseen Costs" in completing the new stadium, must be really impacting on us!
this is why no 1 will invest in us maybe!!

1 of the unforeseen costs was acutally having to pay 20k to get the undersoil heating working!
another could be electric and gas bills, the club have been postponing paying these off for as long as possible by arguing the readings etc.
could the others be paying the groundsmen more for sorting out the pitch after the egg has messed it up?!

Is it just not a case of City holding onto this money until the very last second gaining as much interest as possible?

i dont think a business would class gas and electric bills as "unforseen costs" lol

would you not agree that the utility bills would be significantly higher than those at ninian park. maybe thats why it was an unforeseens cost

If it was unforseen that utility bills would be higher than at Ninian Park, then we have a bunch of retards in charge of the club.

As for the stadium overspend, did I dream Ridsdale saying that all the money for the stadium was 'ring fenced' and 'in a totally seperate account'? Did I also mishear him when he said he had his bonus because the stadium was completed 'on time, and within budget'?

Did I also mishear Ridsdale when he said that the tax bill would be paid? I don't think I did, because he said it a few times, and gave different dates for when it would be paid each time. And are we only now able to pay £1million? And are we only able to pay that because Borley and Guy put their hands into their own pockets? We've got to pray that the HMRC will accept this, even though we've failed to stick to previous payment plans.

And people still think everything will be ok, and that Ridsdale is doing a great job?!

it seems we willl only be paying up 1m upfront now and the rest by a certain date (I dont know when). PR said he could guarentee to the HMRC it would be paid but they refused and they now have a letter from Paul Guys Solicitors with a guarentee the rest will be paid.

Which is good but I dont understand how after all this we still dont have the 2.7m

I'd be amazed if the HMRC believed a word that came out of Ridsdale's mouth. How the hell can he assure them it'll be paid when we've only got the £1m because of Borley and Guy?!? Or is Ridsdale going to take credit for it? I suppose he'll say he managed to secure 'investment' or something!

They wouldnt take his word and thats why they had to have a letter from Paul guys solicitors

There's positive thinking and burying one's head in the sand.

I say PR should resign and save 350k p.a.

No doubt he's on a pay off clause.