[Guest_freelander2_*]

Looker-on, on 02 March 2017 - 09:49 PM, said:

If the company owes Sutcliffe 49k in wages, what has he been living on?

That's a very, very good question.

[Looker-on]

moondog, on 02 March 2017 - 09:45 PM, said:

The trading report implies it was 2013 as the report reads as through it follows a chronological order

When I got to that bit I wondered if the club had handed over 50k towards the start-up costs, but then I realised that the trading report read as though it had been written by Stanley Unwin.

[Looker-on]

Benno Spire, on 02 March 2017 - 09:50 PM, said:

How many times did AC say this is nothing to do with CFC but how many links are in the report?

Right from the outset, "Mr Turner was the representative of Chesterfield FC on the company's board."

[Guest_freelander2_*]

Spired, on 02 March 2017 - 09:49 PM, said:

Look guys im doing my best etc

Is this definately a fact he cataorically stated that?

See question 7:

http://www.thecfss.c...&attach_id=2112

[60s 70s Spireite]

Benno Spire, on 02 March 2017 - 09:50 PM, said:

Reading all this makes me cringe, the lies and deceit keep flowing. How many times did AC say this is nothing to do with CFC but how many links are in the report.
Would be interesting if a significant number of parents could confirm what cash they paid and for LS to be asked by liquidators to confirm where and how this was shown in the accounts.
Be interesting to see if all bank accounts used have been declared

All parents of scholars who are owed money should check the list of creditors to see if they are recorded as such, and if not contact the liquidator with details of their claim. The absolute extent of this shambles needs exposing.

[Guest_freelander2_*]

dim view, on 02 March 2017 - 09:30 PM, said:

I'd just like to let Bob's Boarders know that Freelander and 60s 70s Spireite went above and beyond to get 4 of us into the meeting and to make sure we were represented by an expert. They, along with moondog who went to Budapest on our behalf, deserve medals.

Any road up. 3 simple things I noted from the questioning of Sutcliffe, to get us started.....

1. No Board meetings held between CT/LS(so no minutes).
2. The fate of the accounting computers is unknown.
3. No records of cash taken from parents.

Regarding point 3, when we pushed the subject, the liquidator acknowledged that the accounting records were insufficient for that of a limited company.

[Mrhappy]

The timing of AC's 'holiday' is nothing more than a coincidence I'm sure.

[dim view]

moondog, on 02 March 2017 - 09:45 PM, said:

The trading report implies it was 2013 as the report reads as through it follows a chronological order

I spotted that and asked LS whether CT and AC had put 2 lots of cash in. LS confirmed they had not.

I think one of the key conclusions here is that Turner risked very large amounts of CFC's money to back Sutcliffe in the early days. What the bludddy hell Allen was doing allowing this recklessness is anybody's guess. CFC accounts suggest that all this money has been clawed back over 5 years.

[For your eyes only]

freelander2, on 02 March 2017 - 10:04 PM, said:

Regarding point 3, when we pushed the subject, the liquidator acknowledged that the accounting records were insufficient for that of a limited company.

The accountant employed by Cfcfds had only restricted access to the accounts. They had no start figures or totals to work with, only the power to chase parents of cfcfds parents for £35pcm payments get wages ready for paying and set up payments to creditors.
Oh and have every single creditor ringing her on weekends and in the evening chasing money.
I had creditors ringing me too.
The accountant was literally unable to do her job due to restricted access. Very frustrating indeed.

This post has been edited by For your eyes only: 02 March 2017 - 10:24 PM

[clarevoyant.]

dim view, on 02 March 2017 - 09:30 PM, said:

I'd just like to let Bob's Boarders know that Freelander and 60s 70s Spireite went above and beyond to get 4 of us into the meeting and to make sure we were represented by an expert. They, along with moondog who went to Budapest on our behalf, deserve medals.

Any road up. 3 simple things I noted from the questioning of Sutcliffe, to get us started.....

1. No Board meetings held between CT/LS(so no minutes).
2. The fate of the accounting computers is unknown.
3. No records of cash taken from parents.

If James Higgins doesn't win the supporter of the year award then these guys have to be genuine candidates

[For your eyes only]

dim view, on 02 March 2017 - 10:20 PM, said:

I spotted that and asked LS whether CT and AC had put 2 lots of cash in. LS confirmed they had not.

Hang on a minute...didn't Carson make a statement saying he'd put money in and had an invested interest in the company now?

[dim view]

For your eyes only, on 02 March 2017 - 10:27 PM, said:

Hang on a minute...didn't Carson make a statement saying he'd put money in and had an invested interest in the company now?

Yep, he said he had put money in in 2016. The report implies that somebody at CFC put cash in in 2013.

[moondog]

"Liam Sutcliffe has agreed to make a contribution towards the cost of liquidation of £7,500. No monies have yet been paid in respect of this agreement " good luck getting that Mr Liquidator

[Guest_freelander2_*]

For your eyes only, on 02 March 2017 - 10:24 PM, said:

The accountant employed by Cfcfds had only restricted access to the accounts. They had no start figures or totals to work with, only the power to chase parents of cfcfds parents for £35pcm payments get wages ready for paying and set up payments to creditors.
Oh and have every single creditor ringing her on weekends and in the evening chasing money.
I had creditors ringing me too.
The accountant was literally unable to do her job due to restricted access. Very frustrating indeed.

I believe the former Finance & Operations Officer cited similar concerns before leaving his post in August 2013 after less than a year in the job.

Why would a company director hire in expertise and not allow that employee sufficient access and control?

[spireitenag]

dim view, on 02 March 2017 - 10:29 PM, said:

Yep, he said he had put money in in 2016. The report implies that somebody at CFC put cash in in 2013.

If I remember correctly at the fans forum AC and CT both confirmed that they had made personal loans of £33k and £21k respectively to Liam Sutcliffe.

Both also stated that they had serious doubts that they would ever get their money back.

[clarevoyant.]

spireitenag, on 02 March 2017 - 10:34 PM, said:

If I remember correctly at the fans forum AC and CT both confirmed that they had made personal loans of £33k and £21k respectively to Liam Sutcliffe.

Both also stated that they had serious doubts that they would ever get their money back.

Your memories not failing you

[For your eyes only]

dim view, on 02 March 2017 - 10:29 PM, said:

Yep, he said he had put money in in 2016. The report implies that somebody at CFC put cash in in 2013.

My god. What a pathetic bunch. The report for me is not readable.
It's so full of s**t and lies once was enough.
I hope the people responsible for this shambles of a so called progressive academy get exactly what they deserve and never ever work in football again. With no morals or spine to speak, capable of shamelessly ripping off employees, parents and creditors, ruining young men's careers, and being arrogant enough to describe it away as 'business' well it's a business no decent person would be part of.
They disgust me.

[moondog]

For your eyes only, on 02 March 2017 - 10:24 PM, said:

The accountant employed by Cfcfds had only restricted access to the accounts. They had no start figures or totals to work with, only the power to chase parents of cfcfds parents for £35pcm payments get wages ready for paying and set up payments to creditors.
Oh and have every single creditor ringing her on weekends and in the evening chasing money.
I had creditors ringing me too.
The accountant was literally unable to do her job due to restricted access. Very frustrating indeed.

Yet the report states they couldn't afford to employ anybody to chase the parents, I suppose not cost effective when only £100,000 was owed....

[60s 70s Spireite]

moondog, on 02 March 2017 - 10:30 PM, said:

"Liam Sutcliffe has agreed to make a contribution towards the cost of liquidation of £7,500. No monies have yet been paid in respect of this agreement " good luck getting that Mr Liquidator

Stand by Mr Official Receiver.

[For your eyes only]

freelander2, on 02 March 2017 - 10:34 PM, said:

I believe the former Finance & Operations Officer cited similar concerns before leaving his post in August 2013 after less than a year in the job.

Why would a company director hire in expertise and not allow that employee sufficient access and control?

Yes he didn't stop long. He asked questions that were not welcomed.
As did the most recent one and promised control over accounts was cut off immediately.
And in answer to your last question, because they had a lot to hide.
A lot to hide indeed.

moondog, on 02 March 2017 - 10:37 PM, said:

Yet the report states they couldn't afford to employ anybody to chase the parents, I suppose not cost effective when only £100,000 was owed....

Also a lie. The accounts first job was just that, chasing parents for money.