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Thread: It could be worse...

  1. #1
    Join Date
    Apr 2006
    Posts
    10,807

    It could be worse...

    We could be Blackpool. - view external link

  2. #2
    Join Date
    Sep 2007
    Posts
    1,293

    re: It could be worse...

    Or we could be the Vale...

    Subject to a winding order from HMRC (if that linky don't work) - view external link

  3. #3
    Join Date
    Aug 2010
    Posts
    168

    re: It could be worse...

    Quote Originally Posted by fatfakir
    Or we could be the Vale...

    Subject to a winding order from HMRC (if that linky don't work)
    Sorry to be the bearer of bad news, but the winding up order was for a defunct holding company that has nothing to do with the football club, and hasn't done for some time.

  4. #4
    Join Date
    Sep 2007
    Posts
    1,293

    re: It could be worse...

    Yes, but your chairman hadn't issued that "clarification" when I posted that though. And given Port Vale's recent financial history it did seem entirely plausible.

  5. #5
    Join Date
    Sep 2005
    Posts
    1,086

    re: It could be worse...

    I don't really think it has been clarified. If it is the football clubs Holding Company it still affects the football club. My guess is that it was the trading company up to 1st July when he shifted trade to the newly formed company. But he still hasn't paid all the debts off prior to trading through new company.

    Must have money to burn what with late filing penalties and the legal fees to remove the winding up order.

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