Yet another winding up order against Forest

Discussion in 'General Football & Other Sport' started by zztop, Jun 2, 2014.

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  1. zztop

    zztop Eurovision Winner 2015

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    ...and they havn't paid the players yet (for May). Maybe this is because a Winding Up Order means that bank accounts get frozen. But I think this is the 3rd WUP in the last few months from a supplier.

    Number 100 on the following list.

    http://www.justice.gov.uk/courts/court-lists/list-companies-winding-up

    It can't be good and is definitely embarrassing!
     
    Last edited: Jun 3, 2014
    zztop, Jun 2, 2014
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  2. nornironhorn

    nornironhorn Administrator

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    The reason their players didn't get paid is because it is a bank holiday in Kuwait today. This means the payment is delayed by a day. Apparently anyway
     
    nornironhorn, Jun 2, 2014
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  3. Arakel

    Arakel First Team

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    Really wouldn't surprise me to see them go into administration in the near future.
     
    Arakel, Jun 2, 2014
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  4. zztop

    zztop Eurovision Winner 2015

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    The Bank Holiday was on the 27th May. Hardly relevant is it anyway? Does a Bank Holiday stop a bank transfer?
     
    zztop, Jun 2, 2014
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  5. Filbert

    Filbert Leicester supporting bloke

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    lolz
     
    Filbert, Jun 2, 2014
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  6. Daft Row

    Daft Row Reservist

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    Do dislike Forest on the whole.
     
    Daft Row, Jun 2, 2014
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  7. wfc4ever

    wfc4ever Administrator

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    We must be the only club to never have one of these....(as far as I am aware)
     
    wfc4ever, Jun 3, 2014
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  8. iamofwfc

    iamofwfc Squad Player

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    I wonder if this is why Pearce has still not been confirmed as manager ?
     
    iamofwfc, Jun 3, 2014
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  9. zztop

    zztop Eurovision Winner 2015

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    The Nottingham Post sports reporter, Paul Taylor, has tweeted that it is the HMRC that have issued the Winding Up Order. That's a strange one as they are making a £12m to £17m loss each season so I wouldn't have thought it is due to unpaid tax!
     
    zztop, Jun 3, 2014
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  10. La_tempesta_cielo_68

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    accounting irregularities?
     
    La_tempesta_cielo_68, Jun 3, 2014
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  11. evilc

    evilc Academy Graduate

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    They'd still have Income tax, NICs and VAT to pay at the very least, though...
     
    evilc, Jun 3, 2014
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  12. zztop

    zztop Eurovision Winner 2015

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    Yes, of course, you are right.

    I really think they are in some sort of trouble. Stuart Pearce is "apparently" muttering about lack of info re budgets, etc, and may walk.
     
    zztop, Jun 3, 2014
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  13. La_tempesta_cielo_68

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    If one business (Kuwaiti Co) make a cash gift to another business (NF Co) how would that sit with the inland revenue?
     
    La_tempesta_cielo_68, Jun 3, 2014
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  14. zztop

    zztop Eurovision Winner 2015

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    That's ok I thnk, so long as correctly documented. Would not help their FFP liabilities though.
     
    zztop, Jun 3, 2014
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  15. iamofwfc

    iamofwfc Squad Player

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    I bet on Pearce to me next Forrest Manager! the bookies still have not paid up??
     
    iamofwfc, Jun 4, 2014
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  16. Jumbolina

    Jumbolina First Team

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    Could be PAYE. That's what Pompey got in trouble for. Employer's PAYE liabilities are huge for football clubs, and I think you can pay it quarterly, so if you go off and use that money for something else...............
     
    Jumbolina, Jun 4, 2014
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  17. Pozzo Out

    Pozzo Out Squad Player

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    Officially starts July 1st
     
    Pozzo Out, Jun 4, 2014
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  18. iamofwfc

    iamofwfc Squad Player

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    I hope he does !
     
    iamofwfc, Jun 8, 2014
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  19. CarlosKickaballs

    CarlosKickaballs Forum Picarso

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    If only we recycled more :doom:
     
    CarlosKickaballs, Jun 8, 2014
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  20. BigRossLittleRoss

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    I think its a real shame when a club goes under due to poor management. Every club has a lot of history especially Nottingham Forest and its a shame when that gets thrown out the window due to bad financial management by people who have only a temporary affiliation with the club.

    Its the fans who suffer and ultimately pay for it. If it wasnt for the Pozzos I expect we would be in a similar or worse situation with Bassini.
     
    BigRossLittleRoss, Jun 8, 2014
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  21. Jumbolina

    Jumbolina First Team

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    Not really the same though. Bassini was selling Sordell and Mariappa and buying budget players, whereas the Forest owners were throwing millions at players. At the end of the day, despite FFP looming they effectively tried to "cheat" last season, but having no consideration for the rules. It's like QPR who when faced with impending armageddon, doubled up the risk by signing Benayoun, Doyle, Maigo (sp) and Ravel Morrision, all on premier league terms no doubt.

    I have no sympathy for Forest whatsoever if they now end up in financial strife.
     
    Jumbolina, Jun 9, 2014
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  22. Filbert

    Filbert Leicester supporting bloke

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    Ahem....

    LOLZ
     
    Filbert, Jun 14, 2014
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  23. zztop

    zztop Eurovision Winner 2015

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    This is pretty funny. The rumblings at Forest carry on.

    The latest is that players are upset about not receiving their bonuses from last season. This is countered by some who say that recent Nottingham Evening Post pictures show "happy, smiling players" - therefore there are no unhappy players. Then this fella called Boszi comes on and says that the Posts's images were photoshopped to show smiling players. He then goes on to demonstrate using this ELA software that apparently shows where images have been altered.

    http://www.forest.vitalfootball.co.uk/forum/forums/thread-view.asp?tid=28370&start=101

    The examples he gave are quite impressive, I think we could use this ELA software on our "Lurking Baz" thread as I have suspicions that some of those images are in fact, not genuine!
     
    Last edited: Jul 11, 2014
    zztop, Jul 11, 2014
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  24. MarlonsCellMate

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    He didn't even edit Vydra into the background. Sloppy journalism.
     
    MarlonsCellMate, Jul 11, 2014
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  25. Arakel

    Arakel First Team

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    Blimey, you don't half talk some *******s sometimes!
     
    Arakel, Jul 11, 2014
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  26. zztop

    zztop Eurovision Winner 2015

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    :-[ :-[
     
    zztop, Jul 11, 2014
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  27. zztop

    zztop Eurovision Winner 2015

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    According to this thread on a Forest forum, they are about to announce a mega shirt and ground sponsorship deal with the Kuwait government. The initial article is in Arabic but will be announced in a "quality British paper"!

    http://www.forestforum.co.uk/showthread.php?t=41632
     
    zztop, Jul 20, 2014
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  28. Norwayhornet

    Norwayhornet Squad Player

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    Forest have been taken over by Islam :dismay: and are now another terrorist breeding ground:doom:
     
    Norwayhornet, Jul 20, 2014
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  29. Prentice

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    what?
     
    Prentice, Jul 21, 2014
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  30. UEA_Hornet

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    Pissed at 9am?
     
    UEA_Hornet, Jul 21, 2014
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  31. PhilippineOrn

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    Another entire thread about to disappear?
     
    PhilippineOrn, Jul 22, 2014
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  32. Hornet23

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    Hornet23, Jul 25, 2014
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  33. The Voice of Reason

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    The Voice of Reason, Jul 25, 2014
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  34. Daft Row

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    Daft Row, Jul 25, 2014
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  35. PhilippineOrn

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    Oh dear....It's how other fans saw our own banner I'm sure.
     
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