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Posts Tagged ‘Football Club’

According to an article in the Daily Telegraph on Friday, Chester City’s long suffering players were paid their wages of between £400 and £600 in Scottish notes.   However they only received one weeks salary despite being owed somewhat more – as much as nine weeks in some cases.

Would you continue to work for your employer if you’d not been paid for nine weeks?

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Chester City have been put up for sale for just £1 in the hope of sidestepping tomorrow’s High Court date in London over an unpaid £26,000 tax bill.  The Blue Square Premier bottom club are due to face a winding-up petition, brought by HM Revenue & Customs.

But if they find a new owner prepared to pay off the crisis club’s current debts, Chester can still be saved.

And after turning down one deal, Chester’s current owners, the Vaughan family, are still negotiating.

An official statement from the club read: “Stephen Vaughan Junior is prepared to sell 100% control of Chester City Football Club for one pound.

“There is a serious situation at the football club and I have been in consultation with the PFA and the Football League all week trying to get players squeezed through”

“The new owners will take on all existing creditors and will need to guarantee to pay existing creditors of the new company.”

Would you be prepared to buy the Vaughan’s out?  Time is ticking away!

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The excellent twohundredpercent.net and their forthright views on CCFC.
The axe swung, then, and the side of the neck was lightly grazed. Actually, in spite of what we may well be thinking (and this is a feeling that is spreading around the game ilke wildfire at present), there may be an ounce of common sense in the Football Conference’s decision to allow Chester City a temporary reprieve until Thursday: they are playing Cambridge United at The Abbey Stadium tomorrow night and Cambridge would have been put to a considerable amount of inconvenience (and, of course, expense) were the match to not be played. Here is the Football Conference’s statement on today’s talks in full:
The Football Conference confirm that positive discussions have continued today between themselves, the Football League and Chester City FC concerning the club’s continued membership and participation in the Blue Square Premier.
We are able to report that the Football League is playing an active role in endeavours to ensure the Club is able to meet its financial commitments regarding their legal undertaking to settle with creditors which formed part of their requirement for membership in 2009/10, and which also incorporates payment to creditors which the Club has with the Football Conference.
To enable the Football League to provide maximum assistance in drawing matters to a satisfactory conclusion, Tuesday evening’s match (1st December) between Cambridge United and Chester City will proceed as scheduled.
The Football Conference will then convene an emergency Board meeting on Thursday, 3rd December to receive a report from the joint deliberations between all parties, before discussing what further action may be necessary in light of the information provided. Following that meeting the Football Conference will issue a further statement.
So, there will be an extraordinary board meeting of the Football Conference on Thursday and the understanding is that the league is absolutely at the end of its tether with the club. The money owed to Wrexham and Vauxhall Motors, which are the crux of the issue being debated (as opposed to the various misdemeanours of Stephen Vaughan Senior and/or Junior), have not, apparently, been paid. If the issue of inconvenience to Cambridge United has been taken into account, however, and this turns out to be the reason for Chester being thrown a further seventy-two hours to try and sort themselves out, then Thursday’s meeting will end less than forty-eight hours before Chester are due to play Luton Town at The Deva Stadium.
More protests are likely for Saturday and this time the media, who were largely caught napping by the abandonment of last weekend’s match against Eastbourne Borough, are likely to be paying much closer attention this coming Saturday if the club does manage to somehow to get itself yet another stay of execution on Thursday. What surprises might the increasingly militant and agitated Chester crowd have in store to try and top last Saturday’s events? It seems unlikely that they would make the mistake of publicising it first. Should the Football Conference confound expectations and grant them another chance, though, the likelihood is that all Chester home matches will become publicity stunts to varying degrees, until the league does the decent thing and puts the club out of its misery.
The irony of this situation is that there is nothing that the Football Conference wants more than to be Taken Seriously. The ground requirements are stiff so that as many teams as possible have a chance of promotion into the Football League, and the financial requirements used to be stringent with clubs being denied promotion unless they could prove that they were sustainable. What is happening at the moment, however, is making a laughing stock of the Football Conference and, in a broader sense, of non-league football in general. The question that we therefore have to ask is who is this being dragged out for the benefit of.
It isn’t for the benefit of the clubs in the league, who are playing matches against a club without even knowing whether the results will be worth anything in a few weeks. It isn’t for the benefit of the Blue Square Premier, which is being made to look like a league that has a member club that is a combination of a tragedy, a soap opera, a disgrace and a laughing stock. It isn’t for the benefit of the players and staff, who aren’t being paid. It isn’t even to the benefit of the supporters, who now seem resigned to the death of this club and who would probably benefit the most from the closure club, to give them a chance of getting a new, democratically-owned club into The Deva Stadium, even if it was to start a far lower level than that at which what passes for Chester City currently plays.
To an extent, however, the Football Conference have been stuck between a rock and a hard place. Leant on from one side by the Football Association, who considered them to be in breach of their own rules, and on the other by the Football League, who were exerting pressure to guarantee the future of clubs that fall out of the league. The “easy” solution would be for someone to give the club their Football League parachute money (a sizeable amount of money), but this money is discretionary and there is, presumably, a reason why it is not being released by the Football League. In the meantime, the match against Cambridge United goes ahead – whether there is any point in this match being played, however, will not be known until Thursday at the earliest

 

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Chester City’s owner, Stephen Vaughan, has been disqualified from acting as a company director for 11 years over alleged VAT fraud.
 
Vaughan, has been disqualified from acting as a company director for 11 years following his involvement in an alleged VAT fraud whilst a director of Widnes Vikings Rugby League Club.

Mr Vaughan has signed a Disqualification Undertaking, after enquiries by the Insolvency Service’s Public Interest Unit into his conduct while a director of the Club. Widnes Rugby League Football Club Limited entered into administration in October 2007 with liabilities of more than £1.6million.

The signed undertaking contained details of alleged ‘carousel fraud’ carried out by Mr Vaughan, designed to prop up the finances of the rugby league club, which was technically insolvent at the time. Carousel fraud involves the trading of goods between the UK and the EU, creating a complex chain of transactions with the ultimate purpose of reclaiming VAT.

Vaughan arranged for the Club to ‘purchase’ three consignments of clothing from a UK company, and on the same day ‘sold’ the clothing to a company based in Spain. The transactions appeared to be part of a linked series of purchases between the UK and Europe. Mr Vaughan then attempted to reclaim VAT for the Club, however HMRC refused the repayment of the Club’s VAT claim on these transactions.

Payment for the goods was made via the First Curacao International Bank, based in the Netherlands Antilles. The Bank was closed down by the banking authorities when it was discovered that it provided banking facilities to a significant number of companies that were involved in carousel VAT fraud.

The Disqualification Undertaking states that:

• Mr Vaughan caused Widnes Rugby League Football Club Limited to purchase clothing from a UK company, in three transactions worth a total of £2,877,228 plus VAT of £505,265. The clothing goods were sold on the same days of purchase to a Spanish company for a total of £3,002,855. The three transactions took place in June, 2006.
• These transactions were carried out in a manner which involved Widnes Rugby League Club in Missing Trader Intra Community (MITC) VAT fraud, also known as ‘carousel fraud.’
• He caused these transactions to take place when he knew the Club was insolvent. • Payment for the goods purchased was not made to the alleged supplier, but was instead made into a third party’s bank account in the Netherland Antilles.
• He failed to inform the other directors of Widnes Rugby League Club of these transactions.
• He also failed to disclose to other directors a loan of £392,000 made to the club in August 2006.

The Official Receiver of the Service’s Public Interest Unit in Manchester, Ken Beasley, said:

“Carousel VAT fraud is a serious offence which deprives the UK of billions of pounds of tax revenue each year, and the Insolvency Service will investigate any director of a company involved in such actions.

“In the last financial year the Insolvency Service’s Public Interest Unit disqualified 89 former directors whose companies were involved in carousel fraud, with the average period of disqualification lasting 12.5 years.”

Mr Vaughan’s disqualification takes effect on 25 November 2009. The disqualification means he will be banned from acting as a company director, or in any way controlling a company, until 24 November 2020. If he breaches the undertaking he may be prosecuted.

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bob delgadoDELGADO Bob born 29.01.1949

A commanding centre-half who took no prisoners, Cardiff-born Bob Delgado began his career in the Southern League before being spotted by Harry Haslam at Luton Town. But Delgado failed to make the cut at Kenilworth Road and soon moved north to Carlisle where he spent two seasons before being loaned out to Cumbrian rivals Workington.

From there he switched to Rotherham, helping them win promotion before an injury kept him out of the squad and he decided to move to Chester where he clocked up almost 130 appearances for the Seals. The late 70s ended at Port Vale for Bob before he dropped into the non-league game with Oswestry Town.

Prestatyn manager Eaton Woodfine caused something of a sensation when he persuaded the experienced Delgado to join his Bastion Road revolution and Bob spent two seasons at the heart of the Seasiders defence before hanging up his boots.

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