Oldham (HMRC)

[Max_Power]

Another team has issues with the HRMC, this time Oldham

https://www.cityam.com/rugby-league-woes-as-oldham-rlfc-faces-winding-up-by-hmrc/

[Tommygilf]

But we have proper rugby league people in charge this wasn't supposed to happen.

And Oldham were ready for SL a month ago???

[LeeF]

Maybe adding Manchester to their name would be the solution

[Fevrover]

31 minutes ago, Max_Power said:

Another team has issues with the HRMC, this time Oldham

https://www.cityam.com/rugby-league-woes-as-oldham-rlfc-faces-winding-up-by-hmrc/

Won't be the last either sadly.

[Mr Plow]

31 minutes ago, Tommygilf said:

But we have proper rugby league people in charge this wasn't supposed to happen.

And Oldham were ready for SL a month ago???

Have they been gambling on getting into super league?  

[Pigeon Lofter]

These events don't come out of the blue.

There would be lots of paperwork moving between the parties long before any court action.

 

 

[OriginalMrC]

They arent the only ones that will struggle to make it to the start of the season. Ill be very surprised if all championship clubs make it to the start line 

[Derwent]

Lets sign lots of expensive players and not pay HMRC seems to be the default business plan for a lot of clubs. No doubt it'll be an administrative error.

[The Daddy]

Boom and bust. Do people not learn from history?

[OriginalMrC]

17 minutes ago, Derwent said:

Lets sign lots of expensive players and not pay HMRC seems to be the default business plan for a lot of clubs. No doubt it'll be an administrative error.

Yep always administrative errors which cause players not to be paid too (not saying that's the case here but lots of talk of another club which is persistently late paying their staff)

[Jill Halfpenny fan]

Anyone know how much we are talking here?

[Vyvyan]

Well that's rubbish news.  Thought Oldham were well run. 

[Impartial Observer]

They can put the money they have saved on the trip to Benidorm towards the amount owed.

Just waiting for the owner to do another video post on facebook,

[Celtic Roosters]

4 minutes ago, Vyvyan said:

Well that's rubbish news.  Thought Oldham were well run. 

Even well run clubs can't thrive on a pittance.

[BIFFO61]

Oldham Rugby League Club would like to provide an update to supporters following recent reports of a winding-up order issued against the club.

The order relates to a historic debt of which the club was previously unaware. This matter has now been resolved, and the petition will be dismissed.

roughyeds.co.uk/news/club-
 

[Bull Mania]

40 minutes ago, The Daddy said:

Boom and bust. Do people not learn from history?

But there was no boom. Promotion was to be decided though gradings and Oldham were a long way from getting in that way. Never understood why the big money signings who made towards the end of the year. They were having a decent first season back in the champ

Really hope this is just an amateurish blunder. A strong Oldham is such an asset for RL

[Red Willow]

1 hour ago, LeeF said:

Maybe adding Manchester to their name would be the solution

Manchester Winders ?

[Pigeon Lofter]

"The order relates to a historic debt of which the club was previously unaware."

Unlikely that this came out of the blue, HMRC will have kept in club in touch of what was happening, and how it would transpire if they ingored those requests.

Still, it's been attended to, so all's well that ends well.

 

[Vyvyan]

These things are always a bit of a canary in the coalmine. 

[Angelic Cynic]

This Due Diligence malarkey.Does anyone bother with such nonsense in rugby league before a club is taken over?

[Expatknight]

One question, how can the club be unaware of an historic debt to HMRC, that just doesn’t ring true, unless of course nobody has done the books for years, even then, when the club was taken over surely all the financials were looked into.

[Gerrumonside ref]

2 hours ago, LeeF said:

Maybe adding Manchester to their name would be the solution

The Manchester HM Revenue & Customs?

Needs an animal moniker and funky logo.

A nightmare too for the headline writers!

[LeeF]

8 minutes ago, Expatknight said:

One question, how can the club be unaware of an historic debt to HMRC, that just doesn’t ring true, unless of course nobody has done the books for years, even then, when the club was taken over surely all the financials were looked into.

Clearly HMRC haven’t been in touch about this debt if this is the first they have heard

[Derwent]

8 minutes ago, LeeF said:

Clearly HMRC haven’t been in touch about this debt if this is the first they have heard

Yep, obviously they’ve never had any letters about it or penalty notices. And it clearly wasn’t visible on their online account on the HMRC portal which every business this size is required to have. And they’ve never wondered why they kept getting charged interest by HMRC. Their accountants must also have turned a blind eye to the fact that the liabilities in the accounts didn’t balance to the HMRC online account. There are liars, damned liars and RL clubs who owe HMRC.

[Enk27]

Given that it doesn’t appear to have been advertised in the London Gazette it appears that City AM picked it up as soon as it was filed.

Fair play to their reporters, they obviously have contacts within the Courts system looking for stuff like this.

Well done to Oldham for sorting it out so quick. Contrary to what we saw with Salford, HMRC are generally brutal at collecting debts. If they think you have the money, they go straight for the Winding up petition.