EdinburghPar1975 Posted March 23, 2013 Share Posted March 23, 2013 He comes from the John Yorkston school of finances. lol. A good crowd today would be fantastic to try and get the staff and players their overdue wages but i dont think it will have a bearing on the decision Masterton has to make, it would be a great boost to try and get the cash to pay the HMRC as it might buy some extra time. On the whole the support we have received from other fans has been tremendous and the fact that it appears a high number will also pop along today is amazing. I'm truely thankful to anyone who has helped 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted March 23, 2013 Share Posted March 23, 2013 Judging by the fact I have £5 to my name until Monday, I will not be making the game today. 0 Quote Link to comment Share on other sites More sharing options...
Collins Out! Posted March 23, 2013 Share Posted March 23, 2013 Judging by the fact I have £5 to my name until Monday, I will not be making the game today. You should try getting yourself a wee paper round or something. 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted March 23, 2013 Share Posted March 23, 2013 You should try getting yourself a wee paper round or something. I will have money coming in in the next few days/weeks but things are tight atm. 0 Quote Link to comment Share on other sites More sharing options...
Zen Archer (Raconteur) Posted March 23, 2013 Share Posted March 23, 2013 Judging by the fact I have £5 to my name until Monday, I will not be making the game today. Can you get to Alloa? £100 raised for the Pars Hardship Fund from the Shirt Auction. thanks to all who supported and bidded. Money will be handed over to the Fund as soon as possible. Can someone post this on DAFC.net as I seem unable to re-establish my account. Have emailed Hardship Fund folk to say I am on way to Alloa today so could possibly meet for handover. 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted March 23, 2013 Share Posted March 23, 2013 steward17, on 23 Mar 2013 - 10:51, said: If an extra 700 to 800 pars fans go to todays match thats the tax bill paid. We can all point fingers as to who's fault all this is but if the club does not survive its a pointless discussion. Best of luck to all at dunfermline they deserve better than this. As I said earlier, to pay £135K, all you have to do is divide it by £18 to get the figure required, paying at the gate, over the two home games this week. (if they make it as far as Wednesday). They need 7500, on top of the Season Ticket holders, just to pay HMRC. 0 Quote Link to comment Share on other sites More sharing options...
sons superhero Posted March 23, 2013 Share Posted March 23, 2013 As I said earlier, to pay £135K, all you have to do is divide it by £18 to get the figure required, paying at the gate, over the two home games this week. (if they make it as far as Wednesday). They need 7500, on top of the Season Ticket holders, just to pay HMRC. You must pay VAT on that gate money, also pay for stewarding and policing. Also staff wages, players wages, electricity for floodlights also did the undersoil heating go on? That will all eat into any profits made. 0 Quote Link to comment Share on other sites More sharing options...
jagfox Posted March 23, 2013 Share Posted March 23, 2013 I will have money coming in in the next few days/weeks but things are tight atm. You could be Masterton's spin doctor 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted March 23, 2013 Share Posted March 23, 2013 You must pay VAT on that gate money, also pay for stewarding and policing. Also staff wages, players wages, electricity for floodlights also did the undersoil heating go on? That will all eat into any profits made. But they can all wait, I know it's firefighting of the highest order, as they can deal with those bills later. It's HMRC that have the winding up order in place. 0 Quote Link to comment Share on other sites More sharing options...
sons superhero Posted March 23, 2013 Share Posted March 23, 2013 Its thinking like that has got you were you are. If stewarding don't attend because their not paid. Players and staff not paid again. Its not that simple 0 Quote Link to comment Share on other sites More sharing options...
mozam76 Posted March 23, 2013 Share Posted March 23, 2013 JIm Leishman on Sportsound has just said that the Steering Group have now realised the club has no long term viable future, that they are at the "end of the road", and the club is now back in the hands of Masterton. That sounds as grim as it gets. 0 Quote Link to comment Share on other sites More sharing options...
young_bairn Posted March 23, 2013 Share Posted March 23, 2013 JIm Leishman on Sportsound has just said that the Steering Group have now realised the club has no long term viable future, that they are at the "end of the road", and the club is now back in the hands of Masterton. That sounds as grim as it gets. Just caught the interview. Sounds grim although it depends if Masterton pulls something out the bag. 0 Quote Link to comment Share on other sites More sharing options...
DAFC Posted March 23, 2013 Share Posted March 23, 2013 Masterton can only pull more debt out of the bag. To angry to say what I think should happen to that man, and it's not building a statue. 0 Quote Link to comment Share on other sites More sharing options...
vikingTON Posted March 23, 2013 Share Posted March 23, 2013 I am not trying to second guess information they might have but equally nobody has explained why the normal last resort escape route is not open to Dunfermline, I have not said its in the pipeline, only that it might be and pointed out that statements like " it can't go straight into administration" are not correct. It all sounds to me like HMRC will be paid off between now and 5.00 Monday. What happens to the other debts is less clear. What would Masterton achieve by pushing Dunfermline into administration? He has millions of debt tied, apparently in countless means, to the club as well as the property. 'Walking away' with a couple of pence in the pound (which even a massive fund-raising effort would only ever be able to offer to creditors) doesn't appear to be the best option for him. It doesn't seem surprising to me that Dunfermline's situation is different from Dundee or similar: Dunfermline have a valuable asset on the books which could be divvied up if the club go bust. That's the element of the story that seems Hugh Scott-esque. We'll see what happens in the next 48 hours; after the lingering death of Rangers it remains to be seen whether such deadlines will be magically 'extended' or simply ignored. 0 Quote Link to comment Share on other sites More sharing options...
Skudbook Posted March 23, 2013 Share Posted March 23, 2013 What would Masterton achieve by pushing Dunfermline into administration? He has millions of debt tied, apparently in countless means, to the club as well as the property. 'Walking away' with a couple of pence in the pound (which even a massive fund-raising effort would only ever be able to offer to creditors) doesn't appear to be the best option for him. It doesn't seem surprising to me that Dunfermline's situation is different from Dundee or similar: Dunfermline have a valuable asset on the books which could be divvied up if the club go bust. That's the element of the story that seems Hugh Scott-esque. We'll see what happens in the next 48 hours; after the lingering death of Rangers it remains to be seen whether such deadlines will be magically 'extended' or simply ignored. What valuable assets that? 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted March 23, 2013 Share Posted March 23, 2013 The stadium? 0 Quote Link to comment Share on other sites More sharing options...
DAFC Posted March 23, 2013 Share Posted March 23, 2013 Effectively the bank owns the stadium? They might let masterton sell the ground and build houses but it would be doubtful that it would raise anything like the 12m it was valued at. It's a toxic debt and an embarrassment to hbos and Lloyds. Hope the fat wee c**t gets the jail. 0 Quote Link to comment Share on other sites More sharing options...
Wee Sandy Posted March 23, 2013 Share Posted March 23, 2013 Never thought I'd be saying this, but, I will be gutted if DAFC go down the tubes. At one time it looked very much as if it would be us going out of business, in the days of our "West Coast Connections" Hope you can still turn it round. 0 Quote Link to comment Share on other sites More sharing options...
Sting777 Posted March 23, 2013 Share Posted March 23, 2013 Caught Leishman on the radio on the way back from Firhill. He sounded a broken man. Be awful if the Pars died, hope you guys can pull something out the bag, however unlikely that is seeming at the moment. What was the crowd today lads? 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted March 23, 2013 Share Posted March 23, 2013 The fact it hasn't been announced leads me to believe it was not very large. 0 Quote Link to comment Share on other sites More sharing options...
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