Sheffield Wednesday ......

[bhafc4eva]

..... served with a winding up order by HMRC.

 

[Rookie]

expect them to start selling and quick

 

[Mendoza]

they must have some good players on the cheap now...

 

[BensGrandad]

Sooner or later HMRC are going to win a case and a club will be wound up

 

[eastlondonseagull]

Just been announced on Radio 2 news...

 

[sam86]

BBC Sport - Football - Sheffield Wednesday served winding up order by HMRC

Sheffield Wednesday have been served a winding up order by HM's Revenue and Customs over an unpaid tax bill.

The action by HMRC relates to an outstanding PAYE balance which amounts to £550,000.

The club, who remain confident that the outstanding debt can be paid, will appear at the High Court on 11 August.

A club spokesman said: "We have been involved in dialogue with HMRC for a number of weeks. As such, we are disappointed by their decision."

He added: "Sheffield Wednesday would like to inform supporters their club is not about to be wound up.

"We understand that HMRC is taking a tougher line in general with football clubs, but feel their actions are disproportionate and will raise unnecessary speculation as to the financial situation of the club.

"We can inform supporters that the club, working in partnership with the Co-operative bank and their advisors, will seek to settle this matter as soon as practical."

The Co-operative bank have also issued a statement: "It is disappointing to note that HMRC have presented a winding up order in respect to Sheffield Wednesday Football Club.

"The Co-operative bank has been working extremely hard for some time with representatives of the football club and investors to explore ways to ensure its future stability.

"At present we are continuing to enter in to dialogue with our advisers, Sheffield Wednesday Football Club and potential investors to explore solutions which will allow the club to operate on a sound and secure financial footing for the future."

The Owls, who were relegated to League One last season, were involved in take-over talks in January with Chicago-based investment company Club 9 Sports, but no agreement between the two parties was made.

I'm sure they'll find £550,000 easy enough.

 

[clapham_gull]

expect them to start selling and quick

Not sure to be honest, reading around it looks like they aren't in any danger at all.

HMRC just getting tough with clubs and not before time to be honest.

 

[mcshane in the 79th]

To be honest things like this seem pretty standard these days and thus doesn't really make too much of a story, well for me anyway. We know exactly what will happen and so it just seems a little irrelevant.

 

[Jim D]

BBC Sport - Football - Sheffield Wednesday served winding up order by HMRC



I'm sure they'll find £550,000 easy enough.

If that's the case then why didn't they just do it, pay up, and keep this out of the news?

 

[Mendoza]

I'm sure they'll find £550,000 easy enough.

I think it's sad that a team with so much history and heritage in the English game can go out of business for the cost of a monthly wage of a Premiership footballer. Not that they give a shit though...

 

[Stumpy Tim]

Sooner or later HMRC are going to win a case and a club will be wound up

Agree with that. One club is going to go under soon... I do hope it's not a club with the history of Sheff Weds though. A club like Pompey would be fine though

 

[Icy Gull]

Peanuts for a club of that size, shit management to let it come to this though.

Molehill rather than mountain this time

 

[Stumpy Tim]

People seem to think Wednesday have loads of cash because try have Hillsborough. They actually had one of the smallest budgets in the Championship last season and are in trouble.

 

[Viva Calderon]

Sheffield Wednesday, Her Majesty's Revenue & Customs present a winding up order

As all Brighton Supporter will know very well. We have been down that route and the support we got from fans from other clubs was nothing short of Fantastic. So I for one would like to wish Sheffield Wednesday FC, club and supporters all the luck in the world that they can survive and come through this problem and continue as a football league club and look forward to seeing them down at Withdean on August 21st ....

 

[New Carpet?]

And still they've signed a fair few players this summer that must be costing a bomb in wages - Clinton Morrison (*coughs and spits*) can't have come cheaply.

 

[Acker79]

Sheffield Wednesday ...... - North Stand Chat

(posted before the threads were merged)

 

[Lush]

If that's the case then why didn't they just do it, pay up, and keep this out of the news?

'cos money in their bank account is better than money in the Inland Revs bank account. They played hard ball and got caught out?

 

[Dr. Notthenineo'clocknews]

look forward to seeing them down at Withdean on August 21st ....

is it you or me?


.

 

[Tricky Dicky]

If that's the case then why didn't they just do it, pay up, and keep this out of the news?

Probasbly just brinksmanship and no real cause for concern for them.

 

[surrey jim]

As all Brighton Supporter will know very well. We have been down that route and the support we got from fans from other clubs was nothing short of Fantastic. So I for one would like to wish Sheffield Wednesday FC, club and supporters all the luck in the world that they can survive and come through this problem and continue as a football league club and look forward to seeing them down at Withdean on August 21st ....

You will be on your own, Everyone else will be at Hillsborough!