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View Full Version : Newcastle and West Ham raided by HMRC



Stevie Reid
26-04-2017, 09:20 AM
http://www.bbc.co.uk/news/uk-england-39716009 (http://www.bbc.co.uk/news/uk-england-39716009)

LeithSqualk
26-04-2017, 09:22 AM
I hope they go as far back as Souness' bung for buying Boumsong

CMurdoch
26-04-2017, 10:37 AM
Dodgy guys own both clubs.
Greedy Ashley and ex porn barons Sullivan & Gold

HFCdeb
26-04-2017, 10:44 AM
The English game has gradually been imploding for a number of years. Portsmouth, Blackburn, Coventry etc. None of this is particularly surprising.

Itsnoteasy
26-04-2017, 10:46 AM
Hertz next?

CropleyWasGod
26-04-2017, 10:57 AM
Hertz next?
Why?

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Itsnoteasy
26-04-2017, 11:00 AM
Why?

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Why not.

Where did they get the cash to sign 8 loanees.

CropleyWasGod
26-04-2017, 11:04 AM
Why not.

Where did they get the cash to sign 8 loanees.
The notion that a company is making questionable commercial decisions doesn't mean that they are defrauding anyone.

What.makes you think that they are?

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vuefrom1875
26-04-2017, 11:39 AM
why not.

Where did they get the cash to sign 8 loanees.

stole it!

linlithgowhibbie
26-04-2017, 11:40 AM
Why?

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Is "Coz we want it to be" a good reason?:agree:

CropleyWasGod
26-04-2017, 11:41 AM
Is "Coz we want it to be" a good reason?:agree:
Of course it is 😂

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vuefrom1875
26-04-2017, 11:44 AM
The notion that a company is making questionable commercial decisions doesn't mean that they are defrauding anyone.

What.makes you think that they are?

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Any financial dealings with that lot of cowboys would need to be scrutinised thoroughly. Check their debtor's list.

green day
26-04-2017, 11:49 AM
Any financial dealings with that lot of cowboys would need to be scrutinised thoroughly. Check their debtor's list.

I may be wrong, but I don't think the current incarnation of Hearts has a "debtors list".

Certainly how the administrators dealt with and dumped Romanovs debts might leave a bad taste (albeit totally within the law), but I don't think Budge operates in the same way.

OsloHibs
26-04-2017, 11:50 AM
Not shocked by West Ham. The owners care about money and that is all. And with their connections- nothing will happen to them.

AndyM_1875
26-04-2017, 11:56 AM
I may be wrong, but I don't think the current incarnation of Hearts has a "debtors list".

Certainly how the administrators dealt with and dumped Romanovs debts might leave a bad taste (albeit totally within the law), but I don't think Budge operates in the same way.

She doesn't.
She won't let them run up debt and they have no lending facility or any "bank of last resort".

snooky
26-04-2017, 11:58 AM
I may be wrong, but I don't think the current incarnation of Hearts has a "debtors list".

Certainly how the administrators dealt with and dumped Romanovs debts might leave a bad taste (albeit totally within the law), but I don't think Budge operates in the same way.

She keeps her spending well within Budget I suppose it could be said.

pacoluna
26-04-2017, 01:15 PM
chelsea as well now

Hibernia&Alba
26-04-2017, 01:18 PM
The notion that a company is making questionable commercial decisions doesn't mean that they are defrauding anyone.

What.makes you think that they are?

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Hearts should always be guilty until proven innocent, with their previous. Send them doon :greengrin

Eyrie
26-04-2017, 01:50 PM
I may be wrong, but I don't think the current incarnation of Hearts has a "debtors list".

Certainly how the administrators dealt with and dumped Romanovs debts might leave a bad taste (albeit totally within the law), but I don't think Budge operates in the same way.

I thought Hearts owed Budge £2.5m at 6.2% interest?

jgl07
26-04-2017, 02:00 PM
I may be wrong, but I don't think the current incarnation of Hearts has a "debtors list".

Certainly how the administrators dealt with and dumped Romanovs debts might leave a bad taste (albeit totally within the law), but I don't think Budge operates in the same way.

They can't build up debt as no-one will lend them anything or give much credit.

GreenLake
26-04-2017, 02:05 PM
I thought Hearts owed Budge £2.5m at 6.2% interest?

I think that works out to be 0.7% per month.

BSEJVT
26-04-2017, 03:49 PM
I wonder if there is a "Big Sam" angle to all of this.

He has managed both clubs in the recent past has he not?

Haymaker
26-04-2017, 03:51 PM
I wonder if there is a "Big Sam" angle to all of this.

He has managed both clubs in the recent past has he not?

He managed Newcastle a few years back now. 08? The tax man has a long memory though.

BSEJVT
26-04-2017, 04:57 PM
He managed Newcastle a few years back now. 08? The tax man has a long memory though.

My good ness was it that long ago

I am getting old!

Haymaker
26-04-2017, 05:05 PM
My good ness was it that long ago

I am getting old!

May 07 to Jan 08.

Eyrie
26-04-2017, 06:30 PM
I think that works out to be 0.7% per month.

Thank you :thumbsup:

I've been posting that 6.2% for months and this is the first time anyone has picked up on it.

lapsedhibee
27-04-2017, 05:17 AM
I thought Hearts owed Budge £2.5m at 6.2% interest?


I think that works out to be 0.7% per month.


Thank you :thumbsup:

I've been posting that 6.2% for months and this is the first time anyone has picked up on it.

How does that work then, 6.2% yearly and 0.7% monthly? Roughly how many months are there in a yamathematical year? :confused:

ChrisWhetstone
27-04-2017, 05:22 AM
He managed Newcastle a few years back now. 08? The tax man has a long memory though.

Pretty crazy, I wonder what's going to happen to the clubs now.

GreenLake
27-04-2017, 05:35 AM
How does that work then, 6.2% yearly and 0.7% monthly? Roughly how many months are there in a yamathematical year? :confused:

One for each finger.

Eyrie
27-04-2017, 01:45 PM
How does that work then, 6.2% yearly and 0.7% monthly? Roughly how many months are there in a yamathematical year? :confused:
The actual rate she charges is 6.5%, but both 6.2% and 0.7% have a certain quality to them.



One for each finger.
:greengrin

CropleyWasGod
27-04-2017, 02:43 PM
How does that work then, 6.2% yearly and 0.7% monthly? Roughly how many months are there in a yamathematical year? :confused:

400k FFS

Do keep up....

:greengrin

lapsedhibee
27-04-2017, 06:00 PM
The actual rate she charges is 6.5%, but both 6.2% and 0.7% have a certain quality to them.

Ah. :brickwall