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Off-field Issues: Winding-up petition/Chairman/CEO/finances

Rarefrith

By Rarefrith
in Featherstone Rovers

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The Phantom Horseman
The Phantom Horseman

Here's my take on this for what it's worth. When it's a legitimate news story, fine. I think most of us would get that, and I think most of us Fev fans feel uncomfortable, to say the least, about

Maureen T-k
Maureen T-k

I was one of the 3 admin on BWV, we also have a WhatsApp group and we had a debate and it was decided the time had come to shut the page down, we are no longer needed by the club was our train of thou

Monkeymagic22
Monkeymagic22

I agree, under difficult circumstances, Paul Cooke did a fantastic job.  Sad news if he’s not being kept on next season.  Plus there’s no way I am putting a penny into a club owned by MC, with hi

Posted Images

wasginger

wasginger

Posted
Posted

HMRC have filed for it. Yet the club have reportedly signed at least 22 players for next season, and they've just today asked fans which shirt design do they prefer. I'm sure there'll be some statement from the club shortly.

Michael Bates

Michael Bates

Posted
Posted
11 hours ago, wasginger said:

 I'm sure there'll be some statement from the club shortly.

Really?

In related news, I noticed a question was asked about this on the Blue Wall's Voice Facebook group, which was then deleted. It's a shame that it has become a PR arm of the club rather than a platform to get actual answers.

  • Like 1
Fevrover

Fevrover

Posted
Posted
1 hour ago, Monkeymagic22 said:

The club needs to sort it self out, cut costs and run with a team which can be afforded. This has been an issue for well over a year and predates Paddy’s involvement.

👍 definitely. 

  • Like 1
sentoffagain2

sentoffagain2

Posted
Posted

   The club has debts running over the last two or three years due to overspending on players to achieve the SL dream.I don't know the exact amount and if any have been settled or written off.But a conservative guess would be over £1-25 million up to  £2 million.We may have pledge land around the stadium to cover some of the debt.The club keeps financial matters to themselves,which to a point i can understand.It is not a good look in business to advertise you are skint.I suppose the matter with HMRC may be settled but how can the club move forward with such a burden weighing them down.

  • Like 1
Monkeymagic22

Monkeymagic22

Posted
Posted

I’m surprised that the press after got hold of this, or perhaps we are so insignificant these days, that no one except us is interested. Along with all previous issues, maybe some clear communication from the club might help,as opposed to trying to surpress information.

Max_Power

Max_Power

Posted
Posted (edited)

With you on this Steven, thought Callum Walker or John Davidson would be all over this! 

 

Edit for spelling

Edited by Max_Power
Michael Bates

Michael Bates

Posted
Posted
1 hour ago, Max_Power said:

With you on this Steven, thought Callum Walker or John Davidson would be all over this! 

 

Edit for spelling

John Davidson loves to see a lower league club struggle. Surprised he isn't all over it.

  • Like 3
The Phantom Horseman

The Phantom Horseman

Posted
Posted
3 hours ago, Monkeymagic22 said:

 Along with all previous issues, maybe some clear communication from the club might help,as opposed to trying to surpress information.

Out of interest, where has the club tried to suppress information?

If the club is struggling to pay bills at the moment, I'm not sure that going public with that would be net beneficial - it would immediately lead to a string of negative stories by the RL journalists (as others have said, I'm surprised this thread hasn't alerted them, though there's still time), that's not going to help in terms of attracting sponsors etc.

 

 

  • Like 2

"I won’t engage in a debate because the above is correct and if anything else is stated to the contrary it’s incorrect." 

Monkeymagic22

Monkeymagic22

Posted
Posted
1 hour ago, The Phantom Horseman said:

Out of interest, where has the club tried to suppress information?

If the club is struggling to pay bills at the moment, I'm not sure that going public with that would be net beneficial - it would immediately lead to a string of negative stories by the RL journalists (as others have said, I'm surprised this thread hasn't alerted them, though there's still time), that's not going to help in terms of attracting sponsors etc.

 

 

The winding up order is in the public demain. Just my view that it would be better to address the situation, with a statement, rather than allow rumours etc to be spread. 

The Phantom Horseman

The Phantom Horseman

Posted
Posted
1 hour ago, Monkeymagic22 said:

The winding up order is in the public demain. Just my view that it would be better to address the situation, with a statement, rather than allow rumours etc to be spread. 

Again - where has the club tried to suppress information? It's my view that you should address that situation, rather than allow rumours etc to be spread...

 

 

  • Like 1

"I won’t engage in a debate because the above is correct and if anything else is stated to the contrary it’s incorrect." 

Monkeymagic22

Monkeymagic22

Posted
Posted

Posts on Facebook. But hey that’s, more important than the club being subject to a Winding Up Order by HMRC. Maybe if we all prentend that there aren’t any financial issues, that might miraculously disappear. Anyway, I’m not looking to fall out with anyone, so won’t post on this subject again.

The Phantom Horseman

The Phantom Horseman

Posted
Posted
5 minutes ago, Monkeymagic22 said:

Posts on Facebook. 

Which one? There was one that disappeared on the BWV page, but that might easily have been deleted by the author, and there's another thread on the same page that's been up for a couple of days. 

As a fan, I'm concerned about our financial situation, as a lot of us will be, the club was fairly open about it at the fans' forum earlier this year. But I don't really want the club to publicise every negative financial situation it might find itself in, I don't see any upside in that and plenty of downside.

 

  • Like 3

"I won’t engage in a debate because the above is correct and if anything else is stated to the contrary it’s incorrect." 

The Phantom Horseman

The Phantom Horseman

Posted
Posted
6 hours ago, The Phantom Horseman said:

Out of interest, where has the club tried to suppress information?

If the club is struggling to pay bills at the moment, I'm not sure that going public with that would be net beneficial - it would immediately lead to a string of negative stories by the RL journalists (as others have said, I'm surprised this thread hasn't alerted them, though there's still time), 

 

 

Yep, first story now published.

"I won’t engage in a debate because the above is correct and if anything else is stated to the contrary it’s incorrect." 

Monkeymagic22

Monkeymagic22

Posted
Posted
16 minutes ago, Featherstonerovers2000 said:

John Davidson has gone into full detail haha not literally copied and pasted a old article he released and added they have been hit with winding up order on top of it 😂😂

Davidson loves a Fev Story. Obviously a negative one. Alas, if you question him, he blocks you on twitter. 

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