Cherries: Club's seeking HMRC agreement (From Bournemouth Echo)

At last we seem to have people who want to work at making this club last beyond one week at a time, it's a breathe of fresh air..

It's great to see that the board are addressing the problems in hand immediately and I for one have an air of confidence at long last. Sport 6 clearly were trying to run before they could walk and did not deal with the pressing matters until it was too late.

All the best to the Murry Group!

sounds like EM is looking out for us and will sort us out. i am not counting any chickens as i have said many times before, but it sounds like we´re going in the right direction and the chairman cares about our future.great. WOW

nice to see they are keeping the fans in the loop. we dont expect a board with millions to spend, pay everything off in one hit. what we want is a club that is run properly, and put in a position where eddie and the lads can work on progress on the pitch, and they seem to be going about it in the right way so far. all the best guys

Just pay it!

But didn't the other offer have monies in the bank to clear this immediately? And all of the wages and invest in the squad? Still dubious as to what deal was done, no facts given at all - we need investment not trying to clear creditors on the drip. How much has been invested and by who? And are we simply back to using season ticket money to pay creditors on a drip fed day to day basis...I thought Baker was going to ensure whoever came in had the money to put the club in good health - as a supporter that to means getting the freehold (4m plus), paying the government (certainly in six figures) and investing in the team - and doing so without having to strike deals to pay over time...and why send Mostyn to the Football league? The very same person who lead us into insolvency before. I hope he has got the money. Not worried that one more hiccup and he'd be banned from football as not being a fit and proper person as two insolvencies but this is all still very odd given Musker's comments that another bid was there with all the money needed to achieve this in one swoop...and the only issue? Well, it doesn't appear that the truth is out...

For me the jury is still out but if the new board can pull this one off it will go a long way to give supporters true belief that AFCB is finally getting back on it`s feet and confidence in the new owners.

i agree, being able to come to the fans and make clear - wages up to date, HMRC debt cleared, trade creditors satisfied and all without using the blip of season ticket money to do deals will be great. The Club has long been short of an investment team who can clear the debt, have capital to plan for the future and be able to stablise it - and that's my main concern. Eddie Mitchell is a controversial character. I'm not sure what it all means but if you take a look at creditgate.com there seem to have been issues at his property companies before and in this market does he really have the money needed to get on and take the club forward, even if he is trying his best right now? Where will be in 4 or 6 months? There's no cashflow, business plan or firm figures - that is what is worrying...particula
rly as neither Mostyn nor the now ghostly Murry (not a sight nor sound heard from him)....have money or so it seems

Why should HMRC NOT wind up AFCB Ltd?

They owe us the tax payer a lot of money which should be in our coffers NOT squandered away by a football club.

If any of us working people were to owe the HMRC money they would come and knock down our door with the bailiffs so why should a limited company be any different.

HMRC YOU SHOULD CLOSE THE CLUB DOWN AND USE THEM AS AN EXAMPLE AS TO WHAT HAPPENS IF YOU DO NOT PAY YOUR TAXES!!!!

And you can,t leave the country either.
I am amused!

kin-hell wrote:
Why should HMRC NOT wind up AFCB Ltd? They owe us the tax payer a lot of money which should be in our coffers NOT squandered away by a football club. If any of us working people were to owe the HMRC money they would come and knock down our door with the bailiffs so why should a limited company be any different. HMRC YOU SHOULD CLOSE THE CLUB DOWN AND USE THEM AS AN EXAMPLE AS TO WHAT HAPPENS IF YOU DO NOT PAY YOUR TAXES!!!!

Obviously not a AFCB fan, k-h !!........

Speaking as a tax-payer, who is an AFCB supporter, I am very happy to have AFCB "back" working with HMRC to acheive progress off the field and to start to legally and prudently, pay the other creditors and eventually balance the books !!......

As a seperate issue, there seem to be the usual "moaners and knockers" who always come on here to spout rubbish and doom and gloom - That`s up to them, it`s their opinion and they are entitled to that !!

I believe AFCB will become a future success on and off the field now all the jigsaw pieces are starting to fit together - Good luck to the new owners !

My advice to all the negative, moaning, doom and gloom merchants that pop-up on here to post their wisdom, is to go away and "support" another Club - I don`t want to listen to you anymore !!

Steve...that is what they play on m8.
Any other walk of life you would have to see a business plan or something.
No press conference sets the bells ringing...ONE QUESTION how much did they pay for the club...I think you will find the answer is NOTHING!!!

Hampshire Dorset wrote:
But didn't the other offer have monies in the bank to clear this immediately? And all of the wages and invest in the squad? Still dubious as to what deal was done, no facts given at all - we need investment not trying to clear creditors on the drip. How much has been invested and by who? And are we simply back to using season ticket money to pay creditors on a drip fed day to day basis...I thought Baker was going to ensure whoever came in had the money to put the club in good health - as a supporter that to means getting the freehold (4m plus), paying the government (certainly in six figures) and investing in the team - and doing so without having to strike deals to pay over time...and why send Mostyn to the Football league? The very same person who lead us into insolvency before. I hope he has got the money. Not worried that one more hiccup and he'd be banned from football as not being a fit and proper person as two insolvencies but this is all still very odd given Musker's comments that another bid was there with all the money needed to achieve this in one swoop...and the only issue? Well, it doesn't appear that the truth is out...

So Mostyn was responsible for all the debts was he? What about the debts before he took over from the Jaffer, Phillips, Gardiner etc regimes? The club was on the verge of being wound up before.there was no immediate cash injection available. He had no option but to take into administration or let the club die.

Hampshire Dorset wrote:
i agree, being able to come to the fans and make clear - wages up to date, HMRC debt cleared, trade creditors satisfied and all without using the blip of season ticket money to do deals will be great. The Club has long been short of an investment team who can clear the debt, have capital to plan for the future and be able to stablise it - and that's my main concern. Eddie Mitchell is a controversial character. I'm not sure what it all means but if you take a look at creditgate.com there seem to have been issues at his property companies before and in this market does he really have the money needed to get on and take the club forward, even if he is trying his best right now? Where will be in 4 or 6 months? There's no cashflow, business plan or firm figures - that is what is worrying...particula rly as neither Mostyn nor the now ghostly Murry (not a sight nor sound heard from him)....have money or so it seems

Another thing. The'other' group said they had the money but when push came to shove they didn't want to know. Don't forget this'other' group were mooted to be interested in taking over in January but again proved to be time wasters. The club did not have time to mess around when the deal was finalised. There were deadlines to be met with the Football League. Mr Baker's representatives should have known that before blurting out their concerns but they have proved to be useless themselves in the past.

The daddie knew what he was getting into this man is a brilliant business man thats for sure.Part of Admin was the sale of Vokes plus a sell on fee.
This man has a hold on summit at D/C but what is it,maybe a key to the black hole..passed over from the names you mentioned above?

This is not about the game of football -its all about money - Structadean have the ground, Mitchell is a developer so they both go hand in hand.
Mostyn the bad penny is in the trough again, is he here to try and get his 'loans' back from AFCB? What business man would take on a person who has already put the club in admin once? There is more to all this than meets the eye.
No press conference, Murry gone AWOL and Mostyn running to the league.
AS I said before close AFCB down before it owes another lot of Tax.
No I am no longer a supporter of AFCB Ltd, they do not deserve support BUT the Cherries I do support but I fear the game is up at DC both football and financially.
‘Hello Structadene and Michell’ or should that read ‘Hello Structure Dean Court by Seven Developments’?

Well I do know that EDDS ex brother-in-law is a fan as is edds nephew...my worry is the daddy why can,t the bloke let go even as reported in the ohec last year his family asked him to pack it in?
There is something going on alright!!

So much for the breath of fresh air.
It appears we have a number of doubters which is fair enough but surely from what we have seen so far there is movement in the right direction? it's one thing being cynical but it's quite another to just ignore the work that's already happened.
The first week at least gives me confidence we will be here and able to moan about the club much longer than we would have been with PB at the helm.
Work we all wanted to be done is happening it's something to be happy about isn't it??

barbadoscherry wrote:
The daddie knew what he was getting into this man is a brilliant business man thats for sure.Part of Admin was the sale of Vokes plus a sell on fee.
This man has a hold on summit at D/C but what is it,maybe a key to the black hole..passed over from the names you mentioned above?

Wasn't Vokes sold by Kranser and the money used as part of the old company debt repayment, I am pretty certain that includes and sell on fee which would go to the creditors, so where is this brilliant business from Mostyn??

kin-hell wrote:
Why should HMRC NOT wind up AFCB Ltd? They owe us the tax payer a lot of money which should be in our coffers NOT squandered away by a football club. If any of us working people were to owe the HMRC money they would come and knock down our door with the bailiffs so why should a limited company be any different. HMRC YOU SHOULD CLOSE THE CLUB DOWN AND USE THEM AS AN EXAMPLE AS TO WHAT HAPPENS IF YOU DO NOT PAY YOUR TAXES!!!!

The club will try to pay in stages whilst seeking ways to maximise their investment before its all folded up by selling of the best bits, spending the money on directors wages etc.

kin-hell wrote:
This is not about the game of football -its all about money - Structadean have the ground, Mitchell is a developer so they both go hand in hand. Mostyn the bad penny is in the trough again, is he here to try and get his 'loans' back from AFCB? What business man would take on a person who has already put the club in admin once? There is more to all this than meets the eye. No press conference, Murry gone AWOL and Mostyn running to the league. AS I said before close AFCB down before it owes another lot of Tax. No I am no longer a supporter of AFCB Ltd, they do not deserve support BUT the Cherries I do support but I fear the game is up at DC both football and financially. ‘Hello Structadene and Michell’ or should that read ‘Hello Structure Dean Court by Seven Developments’?

what a complete load of garbage when will people like you get it into your tiny brains that Mostyn put us into administration becauce of the complete mess that previous regimes had allowed to happen, no one minds constructive system but you come on and rubbish everyone who is makeing an effort to put the club back in the state we would all like to see it in, the only thing I am pleased to see is that you claim you support the team, but please remember without the club business side there is no team, so come on be fair and give them a chance, if they do muck up it will be the end of the club we have had too many chances

devon exile wrote:

kin-hell wrote: This is not about the game of football -its all about money - Structadean have the ground, Mitchell is a developer so they both go hand in hand. Mostyn the bad penny is in the trough again, is he here to try and get his 'loans' back from AFCB? What business man would take on a person who has already put the club in admin once? There is more to all this than meets the eye. No press conference, Murry gone AWOL and Mostyn running to the league. AS I said before close AFCB down before it owes another lot of Tax. No I am no longer a supporter of AFCB Ltd, they do not deserve support BUT the Cherries I do support but I fear the game is up at DC both football and financially. ‘Hello Structadene and Michell’ or should that read ‘Hello Structure Dean Court by Seven Developments’?

what a complete load of garbage when will people like you get it into your tiny brains that Mostyn put us into administration becauce of the complete mess that previous regimes had allowed to happen, no one minds constructive system but you come on and rubbish everyone who is makeing an effort to put the club back in the state we would all like to see it in, the only thing I am pleased to see is that you claim you support the team, but please remember without the club business side there is no team, so come on be fair and give them a chance, if they do muck up it will be the end of the club we have had too many chances

So many have said this before S/L 'the best move for the clubs future'
Why should this be any different...they should have held a press conference and told the fans what there plans are..give them some hope and not hold them with such contempt..nobody is bigger than the club and they should realize this and quick,Its all well and good cutting costs but the fans want to see quality,not a load of jumped up yuppies and there 1/2 million pound cars in the car park...and they can,t even pay a tax bill.

barbadoscherry wrote:

devon exile wrote:

kin-hell wrote: This is not about the game of football -its all about money - Structadean have the ground, Mitchell is a developer so they both go hand in hand. Mostyn the bad penny is in the trough again, is he here to try and get his 'loans' back from AFCB? What business man would take on a person who has already put the club in admin once? There is more to all this than meets the eye. No press conference, Murry gone AWOL and Mostyn running to the league. AS I said before close AFCB down before it owes another lot of Tax. No I am no longer a supporter of AFCB Ltd, they do not deserve support BUT the Cherries I do support but I fear the game is up at DC both football and financially. ‘Hello Structadene and Michell’ or should that read ‘Hello Structure Dean Court by Seven Developments’?

what a complete load of garbage when will people like you get it into your tiny brains that Mostyn put us into administration becauce of the complete mess that previous regimes had allowed to happen, no one minds constructive system but you come on and rubbish everyone who is makeing an effort to put the club back in the state we would all like to see it in, the only thing I am pleased to see is that you claim you support the team, but please remember without the club business side there is no team, so come on be fair and give them a chance, if they do muck up it will be the end of the club we have had too many chances

So many have said this before S/L 'the best move for the clubs future' Why should this be any different...they should have held a press conference and told the fans what there plans are..give them some hope and not hold them with such contempt..nobody is bigger than the club and they should realize this and quick,Its all well and good cutting costs but the fans want to see quality,not a load of jumped up yuppies and there 1/2 million pound cars in the car park...and they can,t even pay a tax bill.

why so bothered about not having a press conference, they are a complete waste of time, specially engineered questions and stock answers give them a chance and we shall see over the next few weeks if they are as good as their word

See this don,t make any sense to me.
A millionaire property developer paying rent?
Two people having another go at it having messed it up once before.

barbadoscherry wrote:
See this don,t make any sense to me.
A millionaire property developer paying rent?
Two people having another go at it having messed it up once before.

Perhaps the common link is they want to save the club and know they dont have much money but dont want the club to go the wall? No need to panic yet!!

Re other post today:

Why should they disclose the commercial arrangements which typically are subject to commercial NDAs.

Lots of comment already from the club so why have a press conference?

If I had the money to settle this tax bill, which was a legacy of previous people's mistakes, I wouldnt publicly admit this in advance of seeking to negotiate a settlement.

Yorkie Cherry wrote:

Hampshire Dorset wrote: i agree, being able to come to the fans and make clear - wages up to date, HMRC debt cleared, trade creditors satisfied and all without using the blip of season ticket money to do deals will be great. The Club has long been short of an investment team who can clear the debt, have capital to plan for the future and be able to stablise it - and that's my main concern. Eddie Mitchell is a controversial character. I'm not sure what it all means but if you take a look at creditgate.com there seem to have been issues at his property companies before and in this market does he really have the money needed to get on and take the club forward, even if he is trying his best right now? Where will be in 4 or 6 months? There's no cashflow, business plan or firm figures - that is what is worrying...particula rly as neither Mostyn nor the now ghostly Murry (not a sight nor sound heard from him)....have money or so it seems

Another thing. The'other' group said they had the money but when push came to shove they didn't want to know. Don't forget this'other' group were mooted to be interested in taking over in January but again proved to be time wasters. The club did not have time to mess around when the deal was finalised. There were deadlines to be met with the Football League. Mr Baker's representatives should have known that before blurting out their concerns but they have proved to be useless themselves in the past.

Continuing Hants Dorset's previous post plus these:
it's a pity you didn't see the informative posts of Square Old Codger who I believe has it spot on.
Ther WAS another bid, from the Mathison Group, worth much more money than the Murry Group. The Echo have constantly referred to Baker as "co-owner" and many posters asked who he was. It turns out that Saverimutto sold his shares in January to Murry, without offering them to other shareholders. Baker said it was illegal. Murry said it wasn't. From then on, any other bidder would have had to "satisfy" Murry and Mostyn. Arab millionaires maybe but not Mathison. A legal contest for those shares (Baker vs Murry) would have cost Baker money and AFCB precious time that neither could afford. Mathison got wind of this and realised he would almost certainly loose his £100K deposit and so he quite reasonably asked Baker to make the deposits refundable. Baker by this time had had enough and just wanted out. Can't blame him for that. He then, unkindly in my view, accused Mathison of "changing the dynamics of the bid". Mathison realised he was wasting his time and pulled out, so here we are.
Having said all that, Eddie Mitchell and co seem to care, so let's get behind them cos they are the only club in AFCB's bag.
Hope the foregoing is correct. If not, please put me right.

devon exile wrote:

barbadoscherry wrote:

devon exile wrote:

kin-hell wrote: This is not about the game of football -its all about money - Structadean have the ground, Mitchell is a developer so they both go hand in hand. Mostyn the bad penny is in the trough again, is he here to try and get his 'loans' back from AFCB? What business man would take on a person who has already put the club in admin once? There is more to all this than meets the eye. No press conference, Murry gone AWOL and Mostyn running to the league. AS I said before close AFCB down before it owes another lot of Tax. No I am no longer a supporter of AFCB Ltd, they do not deserve support BUT the Cherries I do support but I fear the game is up at DC both football and financially. ‘Hello Structadene and Michell’ or should that read ‘Hello Structure Dean Court by Seven Developments’?

what a complete load of garbage when will people like you get it into your tiny brains that Mostyn put us into administration becauce of the complete mess that previous regimes had allowed to happen, no one minds constructive system but you come on and rubbish everyone who is makeing an effort to put the club back in the state we would all like to see it in, the only thing I am pleased to see is that you claim you support the team, but please remember without the club business side there is no team, so come on be fair and give them a chance, if they do muck up it will be the end of the club we have had too many chances

So many have said this before S/L 'the best move for the clubs future' Why should this be any different...they should have held a press conference and told the fans what there plans are..give them some hope and not hold them with such contempt..nobody is bigger than the club and they should realize this and quick,Its all well and good cutting costs but the fans want to see quality,not a load of jumped up yuppies and there 1/2 million pound cars in the car park...and they can,t even pay a tax bill.

why so bothered about not having a press conference, they are a complete waste of time, specially engineered questions and stock answers give them a chance and we shall see over the next few weeks if they are as good as their word

A few vitriolic words but all sincere and fair play to you.
Can't agree with Mr Kin-hell about closing down AFCB. There's plenty of companies and sections of society and individuals who who deserve retribution more than AFCB - the filth that infests the House of Commons springs to mind, plus others who are above the law.
We have to give this outfit a chance. Jeff Mostyn has taken some real stick on here but the financial ills of AFCB stretch back dozens of years. His biggest crime was introducing Saverimutto to the club, not going into admin.
UTC in absolutely all D.

dc addict wrote:

Yorkie Cherry wrote:

Hampshire Dorset wrote: i agree, being able to come to the fans and make clear - wages up to date, HMRC debt cleared, trade creditors satisfied and all without using the blip of season ticket money to do deals will be great. The Club has long been short of an investment team who can clear the debt, have capital to plan for the future and be able to stablise it - and that's my main concern. Eddie Mitchell is a controversial character. I'm not sure what it all means but if you take a look at creditgate.com there seem to have been issues at his property companies before and in this market does he really have the money needed to get on and take the club forward, even if he is trying his best right now? Where will be in 4 or 6 months? There's no cashflow, business plan or firm figures - that is what is worrying...particula rly as neither Mostyn nor the now ghostly Murry (not a sight nor sound heard from him)....have money or so it seems

Another thing. The'other' group said they had the money but when push came to shove they didn't want to know. Don't forget this'other' group were mooted to be interested in taking over in January but again proved to be time wasters. The club did not have time to mess around when the deal was finalised. There were deadlines to be met with the Football League. Mr Baker's representatives should have known that before blurting out their concerns but they have proved to be useless themselves in the past.

Continuing Hants Dorset's previous post plus these: it's a pity you didn't see the informative posts of Square Old Codger who I believe has it spot on. Ther WAS another bid, from the Mathison Group, worth much more money than the Murry Group. The Echo have constantly referred to Baker as "co-owner" and many posters asked who he was. It turns out that Saverimutto sold his shares in January to Murry, without offering them to other shareholders. Baker said it was illegal. Murry said it wasn't. From then on, any other bidder would have had to "satisfy" Murry and Mostyn. Arab millionaires maybe but not Mathison. A legal contest for those shares (Baker vs Murry) would have cost Baker money and AFCB precious time that neither could afford. Mathison got wind of this and realised he would almost certainly loose his £100K deposit and so he quite reasonably asked Baker to make the deposits refundable. Baker by this time had had enough and just wanted out. Can't blame him for that. He then, unkindly in my view, accused Mathison of "changing the dynamics of the bid". Mathison realised he was wasting his time and pulled out, so here we are. Having said all that, Eddie Mitchell and co seem to care, so let's get behind them cos they are the only club in AFCB's bag. Hope the foregoing is correct. If not, please put me right.

A good summary- but we have the Murry Consortium now and so far so good, they are making the right noises at least and for me and I imagine most supporters we can only hope that they are successful in their negoiations. We need the Embargo lifting asap and Eddies services confirmed and he needs to be allowed to bring in the 4/5 players he needs to make up his Squad, with Shaun Cooper out for months and the on going injuries to two others players this is a necessity. Steve Lovell is out of Contact in a couple of days and would be a good addition.

I can,t hear the right noises..paying the tax bill in full would sound nicey..not paying it on the drip as there are bound to be more skeletons in the coffers.

AFCB LTD its former Directors and Krasner should all be investigated by the football league and the fraud squad. The whole financial situation stinks and it still does.
If HMRC don't close down Dean Court and AFCB then Structadene and Mitchell will!!!

It is of course true that Eddie Mitchell has had something of a chequered career and some of his sub contractors have suffered greatly as a result, but he has sold most of the properties he has had on his hands recently for very sizable sums and should be reasonably "flush" at the moment.But he isn't a philanthropist, Murry on the other hand is, but has better homes for any spare cash that he might have. Sly is no money man, Mostyn is a reasonably wealthy man who again whilst he will put the money in that he has agreed to , will limit any further investment. Mitchell is not a man who will throw good money after bad as the Dorchester fans have seen.The Ground certainly won't be bought back and expenditure strictly controlled, none of us know just how much money will be put in or what sort of playing budget the Manager will be given. It will however soon be clear, long before any Fans Forum. A lot of Fans have been asking that the Club be run as a "Business", I suspect that their wish is about to be granted.

kin-hell wrote:
AFCB LTD its former Directors and Krasner should all be investigated by the football league and the fraud squad. The whole financial situation stinks and it still does. If HMRC don't close down Dean Court and AFCB then Structadene and Mitchell will!!!

I do not like to belittle any ones opinion, but what a prat you are you continually rant with nothing constructive to say, I feel any fan who supports the club will wish you to dissapear from the postings I would suggest you take up basket weaving such is the lunacy of your postings

devon exile wrote:

kin-hell wrote: AFCB LTD its former Directors and Krasner should all be investigated by the football league and the fraud squad. The whole financial situation stinks and it still does. If HMRC don't close down Dean Court and AFCB then Structadene and Mitchell will!!!

I do not like to belittle any ones opinion, but what a prat you are you continually rant with nothing constructive to say, I feel any fan who supports the club will wish you to dissapear from the postings I would suggest you take up basket weaving such is the lunacy of your postings

So you agree with business's reneging on their taxes for years while the working man would get hammered if he doesn’t pay his tax? Try going Self-Employed and see!!

If a Company sees HMRC mean business and foreclose AFCB because of debts don’t you think other Football Companies would think twice before spending money on other things instead of their taxes.

Here is a little secret I don’t think you know – the tax man collects money on OUR behalf, it doesn’t belong to the government but to the people so anyone who avoids paying tax is swindling their own people. Get it?

It sounds like you are so naive that you really believe that all the financial shenanigans at AFCB ltd is above board and transparent. I think you failed in your education somewhere.

kin-hell wrote:

devon exile wrote:

kin-hell wrote: AFCB LTD its former Directors and Krasner should all be investigated by the football league and the fraud squad. The whole financial situation stinks and it still does. If HMRC don't close down Dean Court and AFCB then Structadene and Mitchell will!!!

I do not like to belittle any ones opinion, but what a prat you are you continually rant with nothing constructive to say, I feel any fan who supports the club will wish you to dissapear from the postings I would suggest you take up basket weaving such is the lunacy of your postings

So you agree with business's reneging on their taxes for years while the working man would get hammered if he doesn’t pay his tax? Try going Self-Employed and see!!

If a Company sees HMRC mean business and foreclose AFCB because of debts don’t you think other Football Companies would think twice before spending money on other things instead of their taxes.

Here is a little secret I don’t think you know – the tax man collects money on OUR behalf, it doesn’t belong to the government but to the people so anyone who avoids paying tax is swindling their own people. Get it?

It sounds like you are so naive that you really believe that all the financial shenanigans at AFCB ltd is above board and transparent. I think you failed in your education somewhere.

Why should AFCB be made example of when so many including Leeds and other bigger clubs have done worse with our taxes in the past, why pick on the smaller clubs and let the so called larger clubs off the hook?? surely they would make a better example??