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Author Topic: The Pit of Misery (All mess in here)  (Read 92539 times)

Offline olaftab

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  • Posts: 40002
  • Location: Castle Bromwich
  • GM : 12.06.2024
Re: The Pit of Misery (All mess in here)
« Reply #330 on: June 07, 2018, 07:09:11 PM »
The main holding company is issuing some more shares.  One of the subsidiary Aston Villa companies is issuing shares and removing the pre-emption rights, which means that when they issue shares, they don't have to offer minority shareholders the chance to buy them in the same proportion.
None of the detail is accessible though until the document appears fully on Companies House, which can take up to 5 days.
So removal of pre-emption means new shares are ring fenced for a particular individual/company.

Offline Risso

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Re: The Pit of Misery (All mess in here)
« Reply #331 on: June 07, 2018, 07:09:41 PM »
Welcome to my world of checking Companies House every day to check that they’ve actually processed the stuff we’ve sent in.

Also annoying that HMRC are on the ball with threats of winding up but can’t process a VAT7 in the three weeks they’re supposed to. They now say to give them 30 working days (ie 6 weeks)

Don’t get me started on their VAT426 cock ups  >:(

They haven't processed my stamp duty reclaim of nearly £40K either.  I might have to issue a winding up order against the bastards.

Offline UK Redsox

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Re: The Pit of Misery (All mess in here)
« Reply #332 on: June 07, 2018, 07:13:20 PM »
Welcome to my world of checking Companies House every day to check that they’ve actually processed the stuff we’ve sent in.

Also annoying that HMRC are on the ball with threats of winding up but can’t process a VAT7 in the three weeks they’re supposed to. They now say to give them 30 working days (ie 6 weeks)

Don’t get me started on their VAT426 cock ups  >:(

They haven't processed my stamp duty reclaim of nearly £40K either.  I might have to issue a winding up order against the bastards.

HMRC’s favourite at the moment seems to be not processing a V100 because the figures are the same as the previous return. Not that they ever bother to phone up and say that they have a query.

Offline stuart445

  • Member
  • Posts: 599
Re: The Pit of Misery (All mess in here)
« Reply #333 on: June 07, 2018, 07:18:01 PM »
Welcome to my world of checking Companies House every day to check that they’ve actually processed the stuff we’ve sent in.

Also annoying that HMRC are on the ball with threats of winding up but can’t process a VAT7 in the three weeks they’re supposed to. They now say to give them 30 working days (ie 6 weeks)

Don’t get me started on their VAT426 cock ups  >:(

They haven't processed my stamp duty reclaim of nearly £40K either.  I might have to issue a winding up order against the bastards.

HMRC’s favourite at the moment seems to be not processing a V100 because the figures are the same as the previous return. Not that they ever bother to phone up and say that they have a query.

And now i'm completely lost,   I think i've clicked on the wrong link and arrived here by accident,  Sorry to have bothered you I'll close the door on my way out.

Offline wozwebs

  • Member
  • Posts: 2583
  • GM : 20.04.2019
Re: The Pit of Misery (All mess in here)
« Reply #334 on: June 07, 2018, 07:41:44 PM »
Read elsewhere Xia has managed to take a £50m loan from Recon over next two years?

Offline PeterWithe

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  • Posts: 8665
  • Location: Birmingham.
  • GM : 12.02.2025
Re: The Pit of Misery (All mess in here)
« Reply #335 on: June 07, 2018, 07:43:31 PM »
Recons website is as bad as Tony’s shoes.

Offline PeterWithe

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Re: The Pit of Misery (All mess in here)
« Reply #336 on: June 07, 2018, 07:51:07 PM »
Apparently NASA have found life on Mars today, I couldn’t give a shit either.

Offline andyh

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  • Age: 58
  • Location: Solihull
  • GM : May, 2012
Re: The Pit of Misery (All mess in here)
« Reply #337 on: June 07, 2018, 07:57:59 PM »
All this scrabbling down the back of the sofa for a million here and million there tells us one massive thing.

We shouldn’t give a feck about FPP because we ain’t got enough money to pay the bills, let alone bring in quality players who will get us up.

We arent to going to trouble FFP rules anytime soon.

Offline PeterWithesShin

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  • Posts: 68529
  • GM : 17.03.2015
Re: The Pit of Misery (All mess in here)
« Reply #338 on: June 07, 2018, 08:02:46 PM »
Apparently NASA have found life on Mars today, I couldn’t give a shit either.

At least we know where Wyness is now.

Offline The Edge

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  • Posts: 6232
  • Location: I can see villa park from my bedroom window
  • GM : PCM
Re: The Pit of Misery (All mess in here)
« Reply #339 on: June 07, 2018, 08:06:36 PM »
Just saw on Rob Dorsett (sp) twitter that the club refused to pay 20k for new suits for Wembley....as much as that would have been a vanity expense it suggests that the players knew something was afoot if we lost....wouldn’t exempt the first half white flag but might explain setting up for penalties

I should bloody well hope the club said no to £20k worth of suits which was for nothing more than an extra league game because we'd cocked up some of the previous 46.
Spot on.

Offline ChicagoLion

  • Member
  • Posts: 22387
  • Location: Chicago
  • Literally
Re: The Pit of Misery (All mess in here)
« Reply #340 on: June 07, 2018, 08:20:03 PM »
The main holding company is issuing some more shares.  One of the subsidiary Aston Villa companies is issuing shares and removing the pre-emption rights, which means that when they issue shares, they don't have to offer minority shareholders the chance to buy them in the same proportion.
None of the detail is accessible though until the document appears fully on Companies House, which can take up to 5 days.
So removal of pre-emption means new shares are ring fenced for a particular individual/company.
It could mean he has pulled off the trick of selling some shares but retaining control.
I guess the converse could be true also.

Offline Bad English

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  • Posts: 43600
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  • I am Perpignan Villa
  • GM : 29.03.2025
Re: The Pit of Misery (All mess in here)
« Reply #341 on: June 07, 2018, 08:22:53 PM »
The last few pages on pre-emption rights and share issue have kept me company during a rather satisfying Ivanka Trump. Cheers!

Offline AlexAlexCropley

  • Member
  • Posts: 10268
  • Location: DY9
Re: The Pit of Misery (All mess in here)
« Reply #342 on: June 07, 2018, 08:25:12 PM »
The last few pages on pre-emption rights and share issue have kept me company during a rather satisfying Ivanka Trump. Cheers!
Ewww

Online mike

  • Member
  • Posts: 2246
Re: The Pit of Misery (All mess in here)
« Reply #343 on: June 07, 2018, 08:30:51 PM »
So for us non accountants, is this good news, bad news, neither, could be either.

Offline ChicagoLion

  • Member
  • Posts: 22387
  • Location: Chicago
  • Literally
Re: The Pit of Misery (All mess in here)
« Reply #344 on: June 07, 2018, 08:33:47 PM »
So for us non accountants, is this good news, bad news, neither, could be either.
The good news is, I am not an accountant.
But to answer your question, it is impossible to tell, it does suggest however that something is happening behind the scenes.

 


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