Past the Event Horizon


Taxman, 9.05 pm I suppose if the judgement went against Craigie, …

Comment on Past the Event Horizon by exfallhoose2012.

Taxman, 9.05 pm
I suppose if the judgement went against Craigie, he would be forced to declare his assets. If he did so honestly then we would know whether or not he still had any financial interest in the old or new clubs. If he declares that he has no money, then this would clear up some issues. If he claimed that he was (I)broke and Ticketus had reason to disbelieve him then Ticketus might go after him with vigor, would not be persuaded to stand back and shut up the way others have.
But we have approached ‘the light’ many times in the past and a darkness invariably descends to obfuscate.

exfallhoose2012 Also Commented

Past the Event Horizon
This court ruling due tomorrow – Craigie v Ticketus …. what is its significance? I lost the plot on the various court cases and rumours of court cases many moons ago. It came as a surprise to me to see it mentioned on SkySport headlines.

Recent Comments by exfallhoose2012

Spot the difference?
I have been following the Libyan – Blair scandal in The Guardian which I think is more corrupt than Chilcot’s business, and happened to stray on to the Sports’ pages (usually only English stuff so avoided). It has a long article on tax fiddling in football and the Tax Man’s recent actions which have clawed back vast sums of money, bankrupting ex players in the process. Of course there is a high divorce rate among the high earners so the fickle WAGS have already departed with their share leaving their exes with demands measured in millions. Is this a firm statement of intent? Sanity in the Tax World at last?

The Way it Works
Hopes, 7.20.
You cannot blame the judge – he no doubt passed a judgement on legality not morality. I have no doubt that the laws were loosely constructed to allow rich and powerful people to avoid paying tax. Certain Football clubs have used these loopholes to do likewise. It is the law that needs attention!

The Way it Works
I suppose to some extent the question, ‘When does a loan cease to be a loan?’ has to some extent been answered – a loan remains a loan until the receiver says, ‘I am not paing it back!’.
What has intrigued me all along is – what happens when the receiver of the loan dies? I presume that his or her estate then owes the money … and does this stop the estate being wound up … until all debts are repaid?
Knowledgeable people – please enlighten me.

Armageddon? What Armageddon?
I recall a remark on my (army) ‘report card’ which might apply to a few people in football that we all know well. I was sitting an exam in which I had no real interest … I hadn’t realised that it was important!
‘ He uses well the very little knowledge that he has (on the subject). What a pity he did not know very much’.

Podcast Episode 4 – Turnbull Hutton
There are echoes of LNS here – they are in a ‘fragile’ financial situation but have access to funds to pay more than half a million in addition to their normal running costs even without the ST money … at the same time they are telling the fans they need their money desperately ….. whereas with LNS, the money they spent on players that they couldn’t afford (as proven by the fact that they were liquidated) did not give them eny advantage on the pitch. It was just an atruistic jesture to these poor lads. LNS was promoted after this astonishing ruling – clearly we simple souls were just too dim to follow the logic of these very learned judges.

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