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  1. #1
    Testimonial Due robinp's Avatar
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    Somebody is in the doo doo.....tick tock....tick tock

    Winding-up By The Court
    Petitions to Wind Up (Companies)


    ....but it's neither of the 2 likely candidates!!!

    REDWOOD HOUSE INVESTMENTS LIMITED
    Notice is hereby given that on 28 September 2009, a Petition was
    presented to the Court of Session by HSBC Bank plc, 8 Canada
    Square, London E14 5HQ, craving the Court, that Redwood House
    Investments Limited, having its Registered Offices at Suite 1,
    International House, 16 Bell Lane, PO Box 872, Gibraltar be wound
    up by the Court and that an interim liquidator be appointed; and that
    in the meantime, Colin Peter Dempster and Fiona Livingstone Taylor,
    Insolvency Practitioners, both of Ernst & Young LLP, George House,
    50 George Square, Glasgow G2 1RR, be appointed as Provisional
    Liquidators of Redwood House Investments Limited; in which Petition
    the Lord Ordinary by interlocutor dated 29 September 2009 appointed
    all persons having an interest to lodge Answers with the Court of
    Session, 2 Parliament Square, Edinburgh within eight days after such
    intimation, service or advertisement and appointed the said Colin Peter
    Dempster and Fiona Livingstone Taylor, Insolvency Practitioners to
    be Provisional Liquidators of the above-named Company and
    authorised them to exercise the powers contained in paragraphs 4 and
    5 of Schedule 4 to the Insolvency Act 1986 all of which notice is hereby
    given.
    Shepherd and Wedderburn LLP
    1 Exchange Crescent, Conference Square, Edinburgh (28)

    STIRLING ALBION FOOTBALL AND ATHLETIC CLUB
    LIMITED
    On 15 October 2009, a petition was presented to Stirling Sheriff Court
    by the Advocate General for Scotland for and on behalf of the
    Commissioners for Her Majesty’s Revenue and Customs craving the
    Court inter alia to order that Stirling Albion Football And Athletic
    Club Limited, Forthbank Stadium, Springkerse, Stirling FK7 7UJ
    (registered office), be wound up by the Court and to appoint a
    Liquidator. All parties claiming an interest must lodge Answers with
    Stirling Sheriff Court, Viewfield Place, Stirling within 8 days of
    intimation, service and advertisement.
    A Davidson-Smith, Officer of Revenue & Customs
    HM Revenue & Customs, Debt Management & Banking, Enforcement
    & Insolvency, 20 Haymarket Yards, Edinburgh
    For Petitioner
    Tel 0131 346 5612


    Taken from the most recent issue of the Edinburgh Gazette

    of course they could be due £40.00 for all we know and are just after payment....but it's unlikely.
    Last edited by robinp; 28-10-2009 at 02:04 PM.


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  3. #2
    Think it is the council after rent arrears -if so tragic as they are a local team and will only drive the few fans tehy have away to watch the bigot bros

  4. #3
    No mate,

    its the old tax man looking for his PAYE.

    There is a separate debt with the cooncil.

    Deep doo, doo as you say.

  5. #4
    This is a real sadness!

    Folks may know of the campaign to buy STA from it current owner, who wanted more than £350k to do a deal!!

    Yet the club he ran has these debts!!

    As Murdo would say -UNBELIEVABLE!!

  6. #5
    @hibs.net private member Sylar's Avatar
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    SFA had better see them down to division 3 sharpish then...

    It's a shame for everyone involved with the Binos, but the SFA have already set a precedent.
    Madness, as you know, is a lot like gravity. All it takes is a little push.

  7. #6
    @hibs.net private member ginger_rice's Avatar
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    badly ran by a local businessman who although has put shed loads of his own money into the club didn't know when it was time to leave quietly..there have been a couple of offers on the table IIRC, one by two local construction companies which stalled as the council wouldn't sell them the stadium as well, and the other by the supporters. Bad news all round especially as my family were heavily involved in the foundation of the club.
    "Football should always be played beautifully, you should play in an attacking way, it must be a spectacle". Johan Cruyff.

  8. #7
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    Have we heard anything from Scottish Secretary Jim Murphy yet. Or does he only have an opinion when it is a likely vote winner?????

  9. #8
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    Quote Originally Posted by CentreLine View Post
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    Have we heard anything from Scottish Secretary Jim Murphy yet. Or does he only have an opinion when it is a likely vote winner?????
    I hope you're not holding your breath.

  10. #9
    Coaching Staff joe breezy's Avatar
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    That's rubbish news. Stirling is a great place and deserves a good football club to match

  11. #10
    Testimonial Due Prof. Shaggy's Avatar
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    Quote Originally Posted by CentreLine View Post
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    Have we heard anything from Scottish Secretary Jim Murphy yet. Or does he only have an opinion when it is a likely vote winner?????
    So far as I know sport is a devolved matter and so the responsibility to say something lies with the scottish govt...

  12. #11
    Testimonial Due NOLA's Avatar
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    Quote Originally Posted by joe breezy View Post
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    That's rubbish news. Stirling is a great place and deserves a good football club to match
    FUBAR Cmon!!

  13. #12
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    Quote Originally Posted by Prof. ****gy View Post
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    So far as I know sport is a devolved matter and so the responsibility to say something lies with the scottish govt...
    Not sure there is any need for any politicians to get involved but dear old Jim seemed to think it was important for him to have something to say about the rangers situation. He has been surprisingly quiet about hahahearts, Gretna, Clydebank, Livingston etc etc. Now he has nothing to say about Stirling. Not enough votes to be had there is seems

  14. #13
    @hibs.net private member Sylar's Avatar
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    AIRDRIE chairman Jim Ballantyne has warned fans the Diamonds will die if they continue to drift away.

    There were only 756 at the last home game against Ross County and Ballantyne admits if there is no improvement there will be no football club.

    The main reason for the collapse in the fan base has been the team's failure to win in 13 games under Kenny Black since the start of the season.

    But Ballantyne said: "The start of the season has been very frustrating but the fans need to support the team through this difficult period.

    "We are at a crossroads right now and Airdrie will not survive as a football club on crowds of 750.

    "We were there for the fans in their hour of need in 2002 but now the role is reversed and we need their support on Saturday against Ayr and for the rest of the season."
    And another club in dire straits.

    Have to admit though, Airdrie are one club I wouldn't give a toss about should they cease to be (again).

    The petitioned and fought for their reinstatement to the 1st division at the expense of Livingston and got just what they wanted - now they're getting horsed week in, week out and the fans, after realising for the 3rd year in a row that they're not good enough to be in the 1st division, are staying away.

    Airdrie have made their bed and hell mend their current plight
    Madness, as you know, is a lot like gravity. All it takes is a little push.

  15. #14
    @hibs.net private member johnrebus's Avatar
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    Quote Originally Posted by joe breezy View Post
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    That's rubbish news. Stirling is a great place and deserves a good football club to match




    Thats part of the problem actually.

    Stirling does not deserve a football club, because practically no-one there supports them.

    Some of the worst kind of Bigots come from this area.

    Even Alloa, a town one third the size of Stirling, ( not without its own old firm clowns ) gets bigger crowds.



  16. #15
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    Quote Originally Posted by The Story So Far... View Post
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    SFA had better see them down to division 3 sharpish then...

    It's a shame for everyone involved with the Binos, but the SFA have already set a precedent.
    Not really, this is more similar to the Hearts situation. It's probably put in place to try and force payment or to get them to keep to a payment plan and gives a quick and easy process to pull the plug if its not met.

    It hasn't yet got to the administration or liquidation stage.

    That's my reading of it so far?

  17. #16
    Testimonial Due NYHibby's Avatar
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    Quote Originally Posted by robinp View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Winding-up By The Court
    Petitions to Wind Up (Companies)


    REDWOOD HOUSE INVESTMENTS LIMITED
    Notice is hereby given that on 28 September 2009, a Petition was
    presented to the Court of Session by HSBC Bank plc, 8 Canada
    Square, London E14 5HQ, craving the Court, that Redwood House
    Investments Limited, having its Registered Offices at Suite 1,
    International House, 16 Bell Lane, PO Box 872, Gibraltar be wound
    up by the Court and that an interim liquidator be appointed; and that
    in the meantime, Colin Peter Dempster and Fiona Livingstone Taylor,
    Insolvency Practitioners, both of Ernst & Young LLP, George House,
    50 George Square, Glasgow G2 1RR, be appointed as Provisional
    Liquidators of Redwood House Investments Limited; in which Petition
    the Lord Ordinary by interlocutor dated 29 September 2009 appointed
    all persons having an interest to lodge Answers with the Court of
    Session, 2 Parliament Square, Edinburgh within eight days after such
    intimation, service or advertisement and appointed the said Colin Peter
    Dempster and Fiona Livingstone Taylor, Insolvency Practitioners to
    be Provisional Liquidators of the above-named Company and
    authorised them to exercise the powers contained in paragraphs 4 and
    5 of Schedule 4 to the Insolvency Act 1986 all of which notice is hereby
    given.
    Shepherd and Wedderburn LLP
    1 Exchange Crescent, Conference Square, Edinburgh (28)
    What does Redwood Homes have to do with Stirling Albion? Shepherd and Wedderburn are my attornies so if they're involved with Stirling, maybe I could arrange to buy the team for 1p.

  18. #17
    Testimonial Due NYHibby's Avatar
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    Quote Originally Posted by Andy74 View Post
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    Not really, this is more similar to the Hearts situation. It's probably put in place to try and force payment or to get them to keep to a payment plan and gives a quick and easy process to pull the plug if its not met.

    It hasn't yet got to the administration or liquidation stage.

    That's my reading of it so far?
    You're right. It hasn't entered administration or liquidation yet

  19. #18
    Quote Originally Posted by johnrebus View Post
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    [/I][/B]


    Even Alloa, a town one third the size of Stirling, ( not without its own old firm clowns ) gets bigger crowds.


    Can you supply figures of average crowds in recent seasons to support that statement?

  20. #19
    Quote Originally Posted by CentreLine View Post
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    Not sure there is any need for any politicians to get involved but dear old Jim seemed to think it was important for him to have something to say about the rangers situation. He has been surprisingly quiet about hahahearts, Gretna, Clydebank, Livingston etc etc. Now he has nothing to say about Stirling. Not enough votes to be had there is seems
    The MP is Labour, but the MSP is SNP so the seat may be marginal enough for him to take an interest.

  21. #20
    Testimonial Due robinp's Avatar
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    Quote Originally Posted by NYHibby View Post
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    What does Redwood Homes have to do with Stirling Albion? Shepherd and Wedderburn are my attornies so if they're involved with Stirling, maybe I could arrange to buy the team for 1p.
    Nothing, the notice above along with the Albion notice were the only Winding up notices placed in that edition of the edinburgh Gazette. It was a straight copy and paste job.

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