[dim view]

freelander2, on 16 February 2017 - 06:56 AM, said:

Why has CFCFDS failed, Ashley?....

....and Why has CFCFDS failed, Mr Liquidator?

The Liquidator 'should investigate the causes of the company's failure and the conduct of its managers, in the wider public interest of action being taken against those engaged in commercially culpable conduct'

How can he possibly do that before the 1st March? Ashley, on the other hand, wants it to be a simple rubber stamping watershed arrangement with a Liquidator he is paying for.

I have a feeling creditors will be more clued up than Big L by the time the meeting starts.

[DIFH]

Mr Mercury, on 16 February 2017 - 12:10 AM, said:

And like I've said before whatever comes out wants investigating by the highest authority possible and the maximum penalties and punishments being meted out to anyone found guilty of wrongdoing. I genuinely hope that there are some very very worried people out there tonight dreading an early morning wake up call.

Hope your not expecting a lot from plod - too technical.

[Sammy Spireite]

freelander2, on 16 February 2017 - 06:56 AM, said:

You have really have disappointed me. On 25/01/17, I personally made you aware of 11 allegations made by former members of staff employed by the DC during meetings with supporters in March & April 2016. You know how serious the allegations are, who they involve and what they amount to. When the allegations concern a number of current and ex employees of CFC, to suggest things are out of your control is quite frankly ludicrous.

Other than tickling Sutcliffe's balls to encourage him sideways, I fail to see what you have done since our meeting three weeks ago.

There's a clear reluctance to take ownership of the allegations and the reluctance extends to meeting with the ex employees to listen their allegations first-hand.

Why has CFCFDS failed, Ashley?

Presumably, the 2 additional allegations that came to light this weekend will be treated with equal contempt then, should you pass them on?

Perhaps they'd be better passed to a different audience?

[spireitenag]

dim view, on 16 February 2017 - 08:40 AM, said:

....and Why has CFCFDS failed, Mr Liquidator?

The Liquidator 'should investigate the causes of the company's failure and the conduct of its managers, in the wider public interest of action being taken against those engaged in commercially culpable conduct'

How can he possibly do that before the 1st March? Ashley, on the other hand, wants it to be a simple rubber stamping watershed arrangement with a Liquidator he is paying for.

I have a feeling creditors will be more clued up than Big L by the time the meeting starts.

Just one simple question to be asked.

WHERE THE F-CK HAS ALL THE MONEY GONE ?

The answer I suspect is not so simple.

[Guest_freelander2_*]

Sammy Spireite, on 16 February 2017 - 09:14 AM, said:

Presumably, the 2 additional allegations that came to light this weekend will be treated with equal contempt then, should you pass them on?

Perhaps they'd be better passed to a different audience?

Once the liquidator has published his statement of affairs and the extent of the damage is known, I suspect there could well be further revelations.

[spireitenag]

freelander2, on 16 February 2017 - 09:59 AM, said:

Once the liquidator has published his statement of affairs and the extent of the damage is known, I suspect there could well be further revelations.

Plus legal investigations !

I really hope no one has been cooking the books ?

I really hope no one has been cooking the books ?

[Wooden Spoon]

Dave In Footie Heaven said:

1487236337[/url]' post='1280528']
Hope your not expecting a lot from plod - too technical.

No grounds for any fraud investigations then?

[dim view]

freelander2, on 16 February 2017 - 09:59 AM, said:

Once the liquidator has published his statement of affairs and the extent of the damage is known, I suspect there could well be further revelations.

How does this work?

Does the liquidator have to do all the necessary research and publish his findings before 1/3/17? Can the meeting on 1/3/17 be adjourned as a result of comments from creditors? I'm sure Ashley is committed to a scrupulously fair process. Can he tell us what the procedure is?

From what I'm reading, at the end of the day the Liquidator is working for FBT. His statement of affairs if uncontested will state a preferred outcome for them.

How ironic that it looks as though CFC has got to throw £8k into the pot to be divvied up. What a farce.

This post has been edited by dim view: 16 February 2017 - 10:33 AM

[Mr Mercury]

a kick in the balls, on 16 February 2017 - 10:09 AM, said:

No grounds for any fraud investigations then?

I would imagine that if any illegality comes to light it will be investigated. It seems to be such a twisted tangled web that I'd be pretty amazed if everything was in order, not that I'm implying any different. Even the taking of money for trips that were never booked was openly discussed at the AGM, surely grounds there at the very least.

[Dancingwilldoit]

I wouldn't get your hopes up too much.
Any insolvency practitioner is in business for 1 thing and that is to make a profit on any deal. First and foremost they will look after themselves and make sure they recover enough to cover their fees. After the creditors meeting they will eventually come up with a report that could take a year or 10 years. They can take as long as they like. If they are a "friendly liquidator" they could sit on it for ever.
The meeting on the 1st March is mainly to present a statement of affairs and confirm Booths appointment. That can be challenged on the day if enough creditors attend and do so. Booths can only continue if the majority of creditors agree with them continuing. The creditors can propose an alternative liquidator if they wish. A representative from the liquidated company usually a director has to be at the meeting to answer creditors questions, this doesn't include ex directors.

[clarevoyant.]

Sammy Spireite, on 16 February 2017 - 09:14 AM, said:

Presumably, the 2 additional allegations that came to light this weekend will be treated with equal contempt then, should you pass them on?

Perhaps they'd be better passed to a different audience?

2 More. How many is that then?

[dim view]

Dancingwilldoit, on 16 February 2017 - 11:04 AM, said:

A representative from the liquidated company usually a director has to be at the meeting to answer creditors questions, this doesn't include ex directors.

wow. The new Marketing man could sell a 1000 tickets at a tenner each if Sutcliffe has to turn up.

How and when does the liquidator have to publicise the time and the venue?

[Dancingwilldoit]

dim view, on 16 February 2017 - 11:34 AM, said:

wow. The new Marketing man could sell a 1000 tickets at a tenner each if Sutcliffe has to turn up.

How and when does the liquidator have to publicise the time and the venue?

It doesn't need to be made public but any creditors should already have this information. They had to have it at least 14 days before the meeting which is on the 1st March.
Am pretty sure it has to go in the London Gazette or at least 1 publication.

Try this

Meetings of Creditors





CFC FOOTBALL DEVELOPMENT SCHOOL LIMITED

(Company Number 08256892)

Registered office: 205 Outgang Lane, Dinnington, Sheffield, S25 3QY

Principal trading address: The Proact Stadium, 1866 Sheffield Road, Whittington Moor, Chesterfield, S41 8NZ


Notice is hereby given, pursuant to Section 98(1) of the Insolvency Act 1986 (as amended) that a meeting of creditors has been summoned for the purposes mentioned in Sections 99, 100 and 101 of the said Act. The meeting will be held at Booth & Co, Coopers House, Intake Lane, Ossett, WF5 0RG on 01 March 2017 at 10.30 am. In order to be entitled to vote at the meeting, creditors must lodge their proxies at Booth & Co, Coopers House, Intake Lane, Ossett, WF5 0RG, by no later than 12 noon on the business day prior to the day of the meeting, together with a completed proof of debt form.


Phil Booth of Booth & Co, Coopers House, Intake Lane, Ossett, WF5 0RG is a person qualified to act as an insolvency practitioner in relation to the company who will, during the period before the day on which the meeting is to be held, furnish creditors free of charge with such information concerning the company’s affairs as they may reasonably require.


For further details contact: Phil Booth, Email: [email protected] Alternative contact: Luke Brough


Liam Andrew Sutcliffe, Director

13 February 2017

This post has been edited by Dancingwilldoit: 16 February 2017 - 11:58 AM

[Between The Sticks]

Dancingwilldoit, on 16 February 2017 - 11:43 AM, said:

It doesn't need to be made public but any creditors should already have this information. They had to have it at least 14 days before the meeting which is on the 1st March.
Am pretty sure it has to go in the London Gazette or at least 1 publication.

Try this

Meetings of Creditors





CFC FOOTBALL DEVELOPMENT SCHOOL LIMITED

(Company Number 08256892)

Registered office: 205 Outgang Lane, Dinnington, Sheffield, S25 3QY

Principal trading address: The Proact Stadium, 1866 Sheffield Road, Whittington Moor, Chesterfield, S41 8NZ


Notice is hereby given, pursuant to Section 98(1) of the Insolvency Act 1986 (as amended) that a meeting of creditors has been summoned for the purposes mentioned in Sections 99, 100 and 101 of the said Act. The meeting will be held at Booth & Co, Coopers House, Intake Lane, Ossett, WF5 0RG on 01 March 2017 at 10.30 am. In order to be entitled to vote at the meeting, creditors must lodge their proxies at Booth & Co, Coopers House, Intake Lane, Ossett, WF5 0RG, by no later than 12 noon on the business day prior to the day of the meeting, together with a completed proof of debt form.


Phil Booth of Booth & Co, Coopers House, Intake Lane, Ossett, WF5 0RG is a person qualified to act as an insolvency practitioner in relation to the company who will, during the period before the day on which the meeting is to be held, furnish creditors free of charge with such information concerning the company’s affairs as they may reasonably require.


For further details contact: Phil Booth, Email: [email protected] Alternative contact: Luke Brough


Liam Andrew Sutcliffe, Director

13 February 2017

[Between The Sticks]

Why at Ossett when the majority of creditors are from around the Chesterfield area?
Why not book a conference room at the Casa Hotel for the meeting - Oh sorry Paul Cook could be a creditor for all we know.

This post has been edited by Between The Sticks: 16 February 2017 - 12:37 PM

[dim view]

Dancingwilldoit, on 16 February 2017 - 11:43 AM, said:

Meetings of Creditors

CFC FOOTBALL DEVELOPMENT SCHOOL LIMITED

Principal trading address: The Proact Stadium, 1866 Sheffield Road, Whittington Moor, Chesterfield, S41 8NZ

Thanks, very useful.
They never got round to changing the trading address then. No wonder the bailiffs went wrong.

[Yenx]

Between The Sticks, on 16 February 2017 - 12:15 PM, said:

Why at Ossett when the majority of creditors are from around the Chesterfield area?
Why not book a conference room at the Casa Hotel for the meeting - Oh sorry Paul Cook could be a creditorfor for all we know.

Especially since Booth & Co also have a Sheffield office

[60s 70s Spireite]

Yenx, on 16 February 2017 - 12:24 PM, said:

Especially since Booth & Co also have a Sheffield office

Stinks.

[warfey is a spireite]

Between The Sticks, on 16 February 2017 - 12:15 PM, said:

Why at Ossett when the majority of creditors are from around the Chesterfield area?
Why not book a conference room at the Casa Hotel for the meeting - Oh sorry Paul Cook could be a creditor for all we know.

make sure people attending use the stairs apparantly the lifts stink of pee pee

[dim view]

Between The Sticks, on 16 February 2017 - 12:15 PM, said:

Why at Ossett when the majority of creditors are from around the Chesterfield area?
Why not book a conference room at the Casa Hotel for the meeting - Oh sorry Paul Cook could be a creditor for all we know.

It's cos Sutcliffe has been 'run out of town' by the sheriff.