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Post Info TOPIC: Embargo
JgFc


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From kent online

"However, one piece of bad news for manager Jamie Day is that the club's transfer embargo is due to remain in place as they are currently without a payment agreement with HMRC in relation to monies owed for this season"

Lets hope we get this sorted this week and not let it drift on. Hopefully we will get a statement from the club soon in this new age of communication.

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Kevin


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Do we need a payment plan for on-going and future tax and PAYE ?? this cant be acceptable if we challenge it ... Im sure no-one else in the division is being asked to prove they can meet their ongoing requirements.

Its like being charged for speeding ... and being asked to prove you wont speed again.

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JgFc


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So is the embargo JUST because of HMRC future payment plan.. or is it on debt. Gravesend sorry Ebbsfleets official accounts at september show they have outstanding loans of 416K jesus, and we owe what 60k to non critical creditors?

Ebbsfleet loans posted on their forum....

Loans on the Balance Sheet as at Sept 2009 - £120k
Loans as at at May 2010 - £407k
Loans as at September 2010 - £416K

These loans are made up of approx 50% MYFC, 25% Old Directors and 25 % Another Individual.


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Dogme


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The more this drags on the more convinced i am that the conference have got it in for us.

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JOHN


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I thought the official line is that the rest of the tax and VAT is not due until May 2011. As Victor Meldrew might say - "I don't believe it."

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interestedone


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I wonder whether it is simply due to the Conference or FA not being notified that there is no current outstanding debt to HMRC.



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chelwing


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It could be that the conference actually has to formally meet to lift the embargo and it hasn't met yet.

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JOHN


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The following paragraph is from the Football Conference Statement about the improvement in financial stability of Conference clubs issued last month after their monthly board meeting on 11th November ; -

"The report identified 47clubs were fully up to date with HMRC payments, compared with 39 this time last season. 12 more had agreements to cover outstanding arrears, against 22 last year, and 5 Clubs had no agreement in place but their debt to HMRC was less than three months old. The 3 remaining clubs in the current membership have issues which, amongst other sanctions, have resulted in them being placed under player embargo until they are compliant with the current regulations."

It is clear from this that you are not under embargo if your quarterly return shows
a) you are fully up to date with HMRC payments or
b) you have an agreement in place to pay off the arrears or
c) your debt does not extend beyond three months tax/NI (and possibly VAT).

Assuming the December monthly board meeting has taken place the best Welling can hope for is to prove to the Conference at their January meeting that they now qualify for a), b) or c). I believe Farnborough is currently under embargo but I do not know who the third club is.




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JgFc


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And.. st albans are up on same charge we were yet get an adjournment with the conference so unlike us they havent pleaded guilty.

If they do get found guilty expect their sanctions and fines to be a lot worse than ours.

-- Edited by JgFc on Thursday 16th of December 2010 07:57:11 PM

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Exec lounge Bertie


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My answer to the previous poster, JOHN,  would be under what rule did the Conference impose the embargo in the first place and under what rule is it seemingly so slow to lift it?

The basis for the previous post would appear to be a statement presumably by the chairman of the conference.

I remember reading such a statement in the football press by a Conference official about how fair the Conference rules are.  If it is a question of fairness and deeds in spirit rather than the letter of rules, then the embargo should be lifted now as quickly as it was imposed in the first place.

 Surely a statement or wish by a league official carries no weight in law unless it is voted on as a rule and endorsed and supported as such by all member clubs?  My continued support for Welling United will rest on how vigorously this ludicrous continuation of the embargo is challenged.  Did the Conference vote for the embargo at a quarterly meeting in August?  If not, why should we have to wait for a quarterly meeting in January?   This is so unfair on our players as well as our supporters who have demonstrated such commitment.  Shame on you Conference.

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JOHN


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The Conference Statement in full is here

www.footballconference.co.uk/news/details.php?news_id=3231

For some reason the Conference has taken upon itself the role of crusader for correct business practice to be employed by the member clubs. This is particularly ironic when a club like Portsmouth can end up paying some 25p in the pound to its creditors (including HMRC) in full settlement and suffer no more than a points deduction which ensured its relegation to the Championship, although in truth they were as good as relegated before this.

They have introduced rules requiring clubs to report quarterly on their debts to HMRC and clubs who provide false information in these returns are charged with a breach of the rules. Welling were penalised with a five point deduction after pleading guilty to such a charge. Clubs who are considered to be in breach of the rules regarding the level of their debts to HMRC are placed under a players embargo. The Conference rules which stipulate these penalties have all been approved at the AGM, although I often wonder whether the delegates realise what they are voting for. The Conference always announce decisions about breaches of rules and other matters by means of Official Statements.

St. Albans have not fallen foul of the Conference as yet. They have been charged by the FA with making illegal payments and it is the FA hearing into this which has been adjourned.

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GaryH


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a club like Portsmouth can end up paying some 25p in the pound to its creditors (including HMRC)

I can't help thinking bigger clubs won't be touched just because of the amount of people and business that depends on it. It's wrong but I can never see clubs with 15k average home support ever being wound up.

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JgFc


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I dunno, if you call them inbred they wont be too happy.

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