chorleyowl

Thanks. They would have to pass the owners and directors test.

You mentioned in an earlier post that the £450000 is due on 15th? With the Coventry money would this be enough to settle this months wages etc? You might not know but what would be you're best guess?

You know throughout this whole shambles of a situation the one thing that keeps me smiling is how absolutely brilliant Chansiri is at losing. He's just so useless. Don't try to figure out what the masterplan is. There isn't one. But it isn't funny when he's causing such damage to ordinary good people's lives. Great pic that.

Exactly. How can you argue you're a fit owner when you're paying £100,00's for legal representation and not paying staff, bills, HMRC etc?

Yep what an utterly stupid thing to say.

Yep it looks to me like the Titanic has completely missed the iceberg on this occasion

He paid wages late at end of July. But your legal assumptions are wrong anyway despite that.

Absolutely Rev .

The law was passed on 21st July so swfc case is totally within it's jurisdiction. Also previous misdemeanours will count as would be normal when building a case to warrant Regulator investigation. It will be already be being prepared. Look at the details in the consultation doc. You're incorrect which is why nobody has it on their radar.

Staton says not a chance.

It's bloody obvious to me is that you haven't studied the consultation doc. I have. The Regulator has powers way beyond the current EFL. Previous misdemeanours will be considered and he will have to provide all financial documentation/projections/planning required and can be personally interviewed by the Regulator. Any non compliance will lead to personal sanctions e.g. fines. There's way more. Muddling on month by month won't satisfy the new law. He really needs to sell now or this will be very embarrassing for him. Just to check "is there anything in that you don't get?" Totally different ball game as Parry, Nandy,Betts have said. He has one possible way out and that's some investment that can be shown to be sustained and that's for a couple of years at least. Do you think he'll meet the "bare minimum" in September October November etc? We really need to keep defunding him by the way.

No he's not. He's only met the "bare minimum" once in the last 5/6 months. Not paying staff on time /hmrc/money owed to other clubs is not meeting the "bare minimum".

How many times has he done this? What an absolute loser.

I don't think Joe means being discussed now just that it has been. If you read the consultation doc published yesterday, refusing to communicate personally or not providing required business information is directly punishable with sanctions in itself. The legislation and Regulator powers are very incisive. Can he afford a legal team? I think the legal powers have anticipated this kind of attempt to delay.

Yes. Our resident miscreant has already built up an impressive portfolio of previous. He's in a very weak position.