LLD Posted November 17, 2008 Share Posted November 17, 2008 There are probably a few who could step in to keep the club going alongside the 'normal' fans chipping in. I'm thinking of Ged and his ilk who have a bit of money but also, crucially, business acumen. I think the first step would possibly be to go part time because there's no way we are taking in enough to be a full time club at the moment. It would be a brave move but I think neccessary. The "Supporter's Trust" that's in place would need to be scrapped and started again by people who are interested in the club and not just on ego trips and free tickets for themselves. Part of the deal when they took over http://www.liviforlife.co.uk/PDFs/LFLSharesAgreement.pdf was 6 free tickets for every game to be used for sponsors and potential sponsors in the local business community. As a local businessman I've never been offered free tickets in return for sponsorship. I don't know of any other local business that's been offered them either yet my sources within Almondvale tells me that free tickets have been issued to the "Trust" (sic). I suppose it saves the board from buying season tickets Nice to know the member's money is going to a good cause For me, the Trust is certainly the vehicle on which a fans takeover would be built. That's not necessarily an endorsement of the current board (although I have no problem with them), more that there is a legal structure to acquire the club which would be easiest. I would say that we should already be a part-time club anyway given our size of support, although that goes for most of the rest of the First Division as well. It would make sense to have a full time manager who could do promotional work etc., and maybe a couple of players who could double as youth team or community coaches. Based on what I know the Under 19s at Livi earn, you could also possibly keep a full time youth team on the go. 0 Quote Link to comment Share on other sites More sharing options...
Guest BullDee Posted November 17, 2008 Share Posted November 17, 2008 We don't have a lot of fans, but I think it would be stretching it a bit to suggest we have none... and if it came to it junior football would be better than nothing.Anyway, shouldn't you be more worried about your own club? You lot have needed bailed out even more often than us. We're not too worried about our club, anyway, if we get stuck we can always sign the odd marketing consultant to help us out a bit. 0 Quote Link to comment Share on other sites More sharing options...
Dr Koop Posted November 18, 2008 Share Posted November 18, 2008 Back to topic. The SFL are very worried about livi's state, They are worried that another club in difficulties shortly after Gretna going out of business is going to give bad press about the scottish product. Sadly, Livi's financial problems won't go away anytime soon. There's a lot of it around. 0 Quote Link to comment Share on other sites More sharing options...
Livi Posted November 20, 2008 Share Posted November 20, 2008 O' dear 0 Quote Link to comment Share on other sites More sharing options...
glensburgh Posted November 20, 2008 Share Posted November 20, 2008 something up, livi? 0 Quote Link to comment Share on other sites More sharing options...
LIVIFOREVER Posted November 20, 2008 Share Posted November 20, 2008 something up, livi? Aye, this thread to the top of the forum, must've been disappearing as nobody posted for a while. 0 Quote Link to comment Share on other sites More sharing options...
Livi Posted November 20, 2008 Share Posted November 20, 2008 Brace yourself. Nite 0 Quote Link to comment Share on other sites More sharing options...
LIVIFOREVER Posted November 20, 2008 Share Posted November 20, 2008 Sounds ominous. 0 Quote Link to comment Share on other sites More sharing options...
TheDoctor Posted November 20, 2008 Author Share Posted November 20, 2008 (edited) Sounds ominous. Day-late Record, page 66 reports that Livi have been threatened with closure if they fail to pay a five-figure to the Inland Revenue. Oh dear No link to the website yet Edited November 20, 2008 by TheDoctor 0 Quote Link to comment Share on other sites More sharing options...
Livi Posted November 20, 2008 Share Posted November 20, 2008 Day-late Record, page 66 reports that Livi have been threatened with closure if they fail to pay a five-figure to the Inland Revenue. Oh dear No link to the website yet Tried to break the news gently, but some Livi fans still have there amber tinted glasses on. This is real and its time Livi fans took heed. We could be out of business next week I wonder who the FAKE is ? 0 Quote Link to comment Share on other sites More sharing options...
lividihard Posted November 20, 2008 Share Posted November 20, 2008 http://www.dailyrecord.co.uk/football/sfl/...86908-20909873/ 0 Quote Link to comment Share on other sites More sharing options...
LLD Posted November 20, 2008 Share Posted November 20, 2008 Its alright Massone is a lawyer. He knows what he is doing. And if you believe that... 0 Quote Link to comment Share on other sites More sharing options...
TheDoctor Posted November 20, 2008 Author Share Posted November 20, 2008 Its alright Massone is a lawyer. He knows what he is doing. And if you believe that... However, co-partner Tomasso Angelini fiercely denied Livingston are in trouble with the Inland Revenue and threatened to sue if we ran with the story. Must be one of those "no win, no fee" jobs 0 Quote Link to comment Share on other sites More sharing options...
Bigmouth Strikes Again Posted November 20, 2008 Share Posted November 20, 2008 Day-late Record, page 66 reports that Livi have been threatened with closure if they fail to pay a five-figure to the Inland Revenue. Oh dear No link to the website yet This is bad. You don't mess with the Inland Revenue. The same thing happened with us after admin and if we had'nt paid them what they were owed they would have shut the gates...no ifs no buts.....closure simple as. 0 Quote Link to comment Share on other sites More sharing options...
Radford Posted November 20, 2008 Share Posted November 20, 2008 Just as with the players' wages, is this £100,000 going to come from Mr Massone's personal account? 0 Quote Link to comment Share on other sites More sharing options...
mozam76 Posted November 20, 2008 Share Posted November 20, 2008 This is bad. You don't mess with the Inland Revenue. The same thing happened with us after admin and if we had'nt paid them what they were owed they would have shut the gates...no ifs no buts.....closure simple as. This is also my worry. "Certain" accounts can be fobbed off, rightly or (IMO)wrongly, with sob stories and excuses. The Inland Revenue though - different beast altogether. 0 Quote Link to comment Share on other sites More sharing options...
GrantR Posted November 20, 2008 Share Posted November 20, 2008 (edited) I don't know where the sentiment comes from that the Inland Revenue have greater power with regards to debt owed by football clubs. Since 2002, they are no longer known as what was classed as a 'preferential creditor'. Instead, they have the same legal clout as an ordinary creditor, akin to those who are allegedly owed money as reported by the papers. If the story is true, then they would be subject to the same legal process as any other creditor. And if the club "went to the wall" as is said, they'd either get the grand sum of bugger all for their troubles, or x amount of pence in the pound from a CVA. Simply put, do your bloody homework, Gary Ralston. Edited November 20, 2008 by GrantR 0 Quote Link to comment Share on other sites More sharing options...
TheDoctor Posted November 20, 2008 Author Share Posted November 20, 2008 I don't know where the sentiment comes from that the Inland Revenue have greater power with regards to debt owed by football clubs. Since 2002, they are no longer known as what was classed as a 'preferential creditor'. Instead, they have the same legal clout as an ordinary creditor, akin to those who are allegedly owed money as reported by the papers.If the story is true, then they would be subject to the same legal process as any other creditor. And if the club "went to the wall" as is said, they'd either get the grand sum of bugger all for their troubles, or x amount of pence in the pound from a CVA. Simply put, do your bloody homework, Gary Ralston. The bottom line is if you don't pay your taxes, you would go to jail, wouldn't you? Therefore, as a business, if you don't pay your taxes you get shut down and whatever assets are left are sold off 0 Quote Link to comment Share on other sites More sharing options...
Livi Posted November 20, 2008 Share Posted November 20, 2008 (edited) I don't know where the sentiment comes from that the Inland Revenue have greater power with regards to debt owed by football clubs. Since 2002, they are no longer known as what was classed as a 'preferential creditor'. Instead, they have the same legal clout as an ordinary creditor, akin to those who are allegedly owed money as reported by the papers.If the story is true, then they would be subject to the same legal process as any other creditor. And if the club "went to the wall" as is said, they'd either get the grand sum of bugger all for their troubles, or x amount of pence in the pound from a CVA. Thats right, but HMRC are one of the biggest creditors that make people bankrupt / wind companies up along with there other Government friend Local Authorities. If its true we have defaulted then this it is worrying times down Almonvale way. Time for a body like the Trust to find out the real story. The point of Mr Ralston's story is Livi are simply not paying bills and HMRC is just another example (if true). We know there are others at Livi. Edited November 20, 2008 by Livi 0 Quote Link to comment Share on other sites More sharing options...
KingfaetheSooth Posted November 20, 2008 Share Posted November 20, 2008 I don't know where the sentiment comes from that the Inland Revenue have greater power with regards to debt owed by football clubs. Since 2002, they are no longer known as what was classed as a 'preferential creditor'. Instead, they have the same legal clout as an ordinary creditor, akin to those who are allegedly owed money as reported by the papers.If the story is true, then they would be subject to the same legal process as any other creditor. And if the club "went to the wall" as is said, they'd either get the grand sum of bugger all for their troubles, or x amount of pence in the pound from a CVA. Simply put, do your bloody homework, Gary Ralston. That might be true but the IR will not shirk in acting. They've been after shutting down a football club for some time now. Can't think of a better club to pick! 0 Quote Link to comment Share on other sites More sharing options...
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