Stifler Posted July 23, 2010 Share Posted July 23, 2010 On SSN now. Link to post Share on other sites More sharing options...
Guest icemanblue Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. Jesus. Link to post Share on other sites More sharing options...
NG32 Posted July 23, 2010 Share Posted July 23, 2010 Wow, bad news for them. Link to post Share on other sites More sharing options...
Guest icemanblue Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. Jesus. Yeah, just what I was thinking. Oh, and woosh. Link to post Share on other sites More sharing options...
Stifler Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. Jesus. Nah, if I get my way he'll be subjected to tax soon, so maybe not a good idea. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. Jesus. Yeah, just what I was thinking. Oh, and woosh. Nah, nee woosh, that's what the smilie was there to prevent! Honest. Link to post Share on other sites More sharing options...
La Parka Posted July 23, 2010 Share Posted July 23, 2010 Guutted Link to post Share on other sites More sharing options...
Guest guinness_fiend Posted July 23, 2010 Share Posted July 23, 2010 So, they just owe money to HMRC? A winding-up petition is a formal petition to the court to request the compulsory liquidation of a company. Many firms issue them as threats when a company refuses to pay what it owes. It doesn't necessarily mean that the club will be wound up. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted July 23, 2010 Share Posted July 23, 2010 Been a long time coming, sadly. Link to post Share on other sites More sharing options...
Dave Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. :lol: Link to post Share on other sites More sharing options...
Shearergol Posted July 23, 2010 Share Posted July 23, 2010 Been a long time coming, sadly. Goes back to the day of signing Italians on stupidly high wages. Serves them right. Link to post Share on other sites More sharing options...
Pilko Posted July 23, 2010 Share Posted July 23, 2010 They should of spent they're money more wiser. Ha. Link to post Share on other sites More sharing options...
Guest johnson293 Posted July 23, 2010 Share Posted July 23, 2010 So, they just owe money to HMRC? A winding-up petition is a formal petition to the court to request the compulsory liquidation of a company. Many firms issue them as threats when a company refuses to pay what it owes. It doesn't necessarily mean that the club will be wound up. Aye... just look at Portsmouth. Link to post Share on other sites More sharing options...
Dr.Spaceman Posted July 23, 2010 Share Posted July 23, 2010 Bad times. Worse than Portsmouth if they are subject to a similar fate. For some reason Wednesday is a club i've never really minded. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted July 23, 2010 Share Posted July 23, 2010 Bad times. Worse than Portsmouth if they are subject to a similar fate. For some reason Wednesday is a club i've never really minded. Chris Waddle! Bart-Williams! What isn't to like about early 90s Sheff Wednesday Link to post Share on other sites More sharing options...
Guest guinness_fiend Posted July 23, 2010 Share Posted July 23, 2010 So, they just owe money to HMRC? A winding-up petition is a formal petition to the court to request the compulsory liquidation of a company. Many firms issue them as threats when a company refuses to pay what it owes. It doesn't necessarily mean that the club will be wound up. Aye... just look at Portsmouth. And look at the thousands of businesses nationwide, because that is what Sheffield Wednesday is - a business, that get such petitions thrown out of court each month. The courts consider it a remedy of last resort. Despite the recession, most businesses that have gone under have done so voluntarily rather than been forced to by the courts. Do you have any idea how many winding-up petitions go through the courts each week? Thought not. It's a commonly-used tactic to get a company to pay-up, as it puts the said company's creditors on notice of a potential inability to pay its debts. The form that gets submitted to the court is a one-sided document and you have to produce very little in terms of evidence. Obviously, HMRC will have iron-clad evidence of Sheff Wed's failure to pay what it owes, but that is beside the point - it doesn't mean that they're insolvent. I'm not saying that the club *aren't* in trouble, but a petition submitted to court and compulsory liquidation being ordered by the court are two entirely different things. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted July 23, 2010 Share Posted July 23, 2010 Like a really arsey final notice bill from the water company! Link to post Share on other sites More sharing options...
Mistle17 Posted July 23, 2010 Share Posted July 23, 2010 Terrible shame, poor Wednesday. Great club with a fantastic support. Lets hope they make it through... Link to post Share on other sites More sharing options...
Guest gggg Posted July 23, 2010 Share Posted July 23, 2010 Handing them out like sweets. Link to post Share on other sites More sharing options...
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