Quote:
Originally Posted by cashman
was on here other day somewhere jeff, combined stabilization was one forget the others name.  |
I know Combined Stabilization went into liquidation that is one major sponsor, but who is the other major sponsor that has gone into liquidation ?
The Club must have known that this auction was happening because if HMRC is unwilling to accept a business's proposal for a "time to pay" arrangement they can move into a process called "destraint" where a company’s assets can be seized and sold at public auction. This process can force a business to close down. The Club's assets must have been seized for them to be put into an auction. This hasn't happened overnight, officers of HMRC or bailiffs must have been to the ground to list the saleable assets and must have been shown around the ground by someone.
It's about time we had everything out in the open and a new start with new people controlling the Club, have a share issue to hopefully raise some money and then re-gain the local business's trust to get games sponsored and maybe the ground sponsored.