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Post Info TOPIC: Today's rumours
stafford


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Judie wrote:

they could lose this club (their club) its not like other owners who have just lost money... this club was set up by the Hobbins..
they love this club...

Precisely the point. Most other clubs are a hundred or more years old so they are past the point of it being 'my club' to someone and all the issues that is bringing.

This going to sound hard but the extension to your argument is if it is their club, therefore their debt and their's to sort. If it is our debt to help solve.... do I need to spell out the rest. One way or another, Wednesday cannot come soon enough.

 



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Bryan Kings KNee


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Bubbles wrote:

Sorry BKK they are a non trading Limited Company.


Bubbles I'm not sure what one of these is but the entry at companies house show accounts filed last year which makes me think the club is a limited company and therefore trading. A CVA would be a volntary arrangements with creditors to repay the debt ala Dover.

Which brings me to something not mentioned, if the club does go down I'm assuming some of the debt may be to local creditors. No one has mentioned these but it could also have an impact on local businesses.

If the club is not limited, then the Hobbins could be liable, despite everything no one can argue over the years they have not tried. I hope for everyone's sake that is is not the case

 



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Bubbles


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This is really a great big part of the problem BKK,

Barrie said to me yesterday that Welling United L imited was a non trading company so how come it's filing accounts.


Everything you hear is just a little bit different to what the next person is told, why?

THE TRUTH IS OUT THERE SOMEWHERE .

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Dizzie


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The players cheques have got more bounce then a basketball - FACT!

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Greensox


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If points are docked, relegation, administration etc. happens, why not merge with E&B.

Surely this option has been thought about seriously and would probably benefit both clubs in the long term. I know timing is now an issue but I think this is probably the best way forward.


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JgFc


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and all of this innuendo is because there have been no updates and a reliance on 3 secret investors. Players wages made of rubber. Wsu or appeal paying ongoing paye and wages. We are fooked. I think we all want a statement of whats happened and what the club are seeking on weds

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JgFc


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f@¥K merging with those parasites better starting again.

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Dogme


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I'd rather support Millwall than support a merged Welling with E&B team!

What happens to those of us that have season tickets? I suppose we can wave goodbye to the money we paid for them if the club don't survive. Bastards!




-- Edited by Dogme on Sunday 28th of November 2010 11:26:11 AM

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dogkilla


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I do not believe after 48 years of football the hobbins will let welling utd disappear.
The hobbins family have spoke about the offer of a loan which will pay hmrc on wednesday.
Should this happen welling utd hopefully will see season completed and have some space to take club forward i hope.
Greensox understand what your saying but dont agree.
Jgfc is right start a new club.

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Moo


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I suppose that part of the problem is that, even if we pay the HMRC debt, who knows how much else we owe to other people. Perhaps our potential new buyers didn't know the extent of the club's debt until it got to the solicitor stage and more detail was produced?

I'm just hoping that our player cull from earlier this season has cut the wage bill to such an extent that we're now operating at a profit week-by-week; might persuade HMRC that we can pay them. If the rumour that the players haven't been paid is true, though, I'm very fearful for what will happen to our club on Wednesday.

-- Edited by Moo on Sunday 28th of November 2010 12:15:16 PM

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Dogme


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Moo wrote:

who knows how much else we owe to other people.


I don't believe they will ever tell us, no matter what the outcome on Wednesday.

 



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Ron Manager


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Interesting part on old coaches post the second letter states Barrie Hobbins as a "fund raiser" . ! 

 



-- Edited by Ron Manager on Sunday 28th of November 2010 01:03:13 PM

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Ron Manager


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It strikes me strange that Barrie is willing to tell Individuals what they want to know when surely it would be easier to Post 1 statement on the Welling United Club Site. This would stop all sorts of chinese whispers and rumours happening.

I totally agree with JGFC when he says

"and all of this innuendo is because there have been no updates and a reliance on 3 secret investors. Players wages made of rubber. Wsu or appeal paying ongoing paye and wages. We are fooked. I think we all want a statement of whats happened and what the club are seeking on weds"




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Spills


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There was a very defalted feel amongst the supporters yesterday. It was a very strange game, when Daisy planted the ball in the bottom corner, it was a surreal feeling of what is that goal actually going to mean to us?

Is it a priceless point against an in form play off rival or one point back against the ten that we are going to lose. I have nothing to say on the current situation. I will wait to see what happens Wednesday before commenting.

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Dogme


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If they make statements to fans at an away football match, then it isn't the official word of the club no matter who does the talking. It can be considered to be 'off the record'. As soon as they say something on the website, it becomes the official word of the club, and then legally binding, depending on what they say that is. That is why they haven't put anything on the front page yet.

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cj


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As Terry Tibbs would say " talk to me"

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J


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all i can do is facepalm

why does all this not surprise me - run like a circus right up until the end.....

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Dogme


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Send in the clowns!

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J


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Dogme wrote:

Send in the clowns!


actually i take that comment back - a circus would be run better

 



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J


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also i said on friday i would just shrug my shoulders at all this but turns out it has pissed me off!

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Dogme


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I can't help thinking about that big meeting that we had with the Hobbins' back in August in the Executive Lounge. Some people got very angry then, i wonder what a meeting would be like now!

It's hard for me to 'shrug my shoulders' when the club i have been supporting for 28 years could effectively cease to exist in just two days time. I will find it very interesting to read the statement the club are going to post on the website in the next day or so.

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J


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Dogme wrote:

I can't help thinking about that big meeting that we had with the Hobbins' back in August in the Executive Lounge. Some people got very angry then, i wonder what a meeting would be like now!

It's hard for me to 'shrug my shoulders' when the club i have been supporting for 28 years could effectively cease to exist in just two days time. I will find it very interesting to read the statement the club are going to post on the website in the next day or so.


assuming we get one!!!

 



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JgFc


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Theres one good thing here, the fans came together quickly back in august, So maybe just maybe if a reformed "Welling" happens there is a base there and if a demoted Welling in some kind of CVA (if thats possible) is not your cup of tea then Maybe AFC Welling sharing the arena with Bexley Borough at Crook Log might be.

Its hard when you cant get a firm opinion because of the lack of news, if the investors have stitched us up then say it? Whats gaulling is we had MONTHS to beg a club for a fundraiser and we just stuck our thumbs up our arses and said "i dont like it"

I think AFC Welling's first match would see a bigger crowd than Welling United get.

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Dogme


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What we got from the club was lots of 'It's proving really hard to get clubs to agree to a friendly'. Bollocks! If they tried hard enough we would have had a friendly against a professional team by now, several friendlies in fact. Looks like the Hobbins tried for a bit to arrange a match, phoned a few clubs, got non commital answers then gave up. Out of 92 pro clubs no one wanted to play us? Really?

The more i think about it, the more i like the idea of an 'AFC Welling'. Didn't take AFC Wimbledon long to keep getting promoted to where they are now did it.

-- Edited by Dogme on Monday 29th of November 2010 12:53:58 PM

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J


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Dogme wrote:

What we got from the club was lots of 'It's proving really hard to get clubs to agree to a friendly'. Bollocks! If they tried hard enough we would have had a friendly against a professional team by now, several friendlies in fact. Looks like the Hobbins tried for a bit to arrange a match, phoned a few clubs, got non commital answers then gave up. Out of 92 pro clubs no one wanted to play us? Really?

The more i think about it, the more i like the idea of an 'AFC Welling'. Didn't take AFC Wimbledon long to keep getting promoted to where they are now did it.

-- Edited by Dogme on Monday 29th of November 2010 12:53:58 PM


only problem comparing us to wimbledon is that they have a big fanbase so a lot of cash coming in per game when to be honest we dont

plus im sure they had two or three quite big backers and unless we could get investors in then we wouldnt have the money to go anywhere

 



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jose


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JgFc wrote:

Theres one good thing here, the fans came together quickly back in august, So maybe just maybe if a reformed "Welling" happens there is a base there and if a demoted Welling in some kind of CVA (if thats possible) is not your cup of tea then Maybe AFC Welling sharing the arena with Bexley Borough at Crook Log might be.


if the worst came to the worst and the wings did wind up. Bexley Borough would be willing to listen to a fans consortium regarding a colaboroation (bbfc committee approval of course!) With the proposed work to the Apex (crook log) and the backing of a decent few hundred it would be a graeat place to watch football regardless of what the club is called. 

 



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JgFc


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I would imagine it would be an option mate along with a reformed renamed club if we chose that way instead. We could always reform and go for sharing PVR still which would be the better option but teh rents about 300 a week aint it so we would have to find half that at least unless the council allowed a peppercorn rent of £1

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JgFc


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I think Erith will hold a meeting to have a name change too to try and get 500 new fans.

Theres loads that can happen. So i hope we have a small committee launched on Wednesday to liase with everyone.

We need to act what ever we do. Also if we are wound up we still have 7 days to find the money, and if no one else will i will contact ecclestone, bush and a few others to see if i can ponce the money to clear the debts so russ and co can launch a supporters trust.

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jose


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300 a week is coverable. especially as the team would only be able to play setp 5/6 at best. but the peppercorn would have to be considered by Bexley Borough Council, who have a strong tradition of supporting their football clubs. Just look at Thamesmead, all council funded.

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jose


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lol jgfc

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Slim


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Is this the same Bexley Borough that, over the next few years, has to save a figure of around £35 million???

You, I or nobody can guess what's going to happen. We'll have to wait til Wednesday. Lets just hope it's favourable to us...

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JgFc


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If we are relying on an extention its delaying the inevitable we had months to sort this and did nothing.

I would be convinced if we asked for more time the judge will just wind us up.

If we went into admin we play the academy rest of season and go down and then get a further relegation so are ryman1, with no commercial department and all the bad will from non paying debts , a new club would probably be 1 league below that and debt free.

what is the better scenario?

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JgFc


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Bryan Kings KNee wrote:

The following link would establish the club as a limited company

http://wck2.companieshouse.gov.uk/e35957c983abb754207e76248ed019ce/compdetails

Unless my understanding is wrong these days the liability of the company is limited to the directors. Therefore there exposure relates to the shareholing in the company which may be nominal.





Share holding at companies house is

Barrie and Barry 49% each and Pam 2% wether that is still the case i have no idea but that was the breakdown when i looked a year or so ago.

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