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BPAS PODCAST SEASON 2: 20th Sept '21 Episode 50: Pains, Planes & Coffin-mobiles


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The message from fans was clear: you are killing the club - we hear from fans at the protest, from those organised it and the the fly over, plus we talk to Binman, who tells us about the stressful experience of being wrongly accused of a crime, by a club director.


We sincerely hope that one day, this podcast, is just about the football.

 

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You can find out more about Push The Boundary by visiting them at https://pushtheboundary.co.uk/ and following on Twitter @PTB_OAFC. Find out more about OASF at http://www.trustoldham.org/

 

Title music is by Manchester DJ and producer Starion find out more at https://redlaserrecords.bandcamp.com/

 

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Can you imagine how the due diligence process will go if there actually is a buyer out there?  Starting with a potential £920,000 tax liability.  We do really need to find someone for whom money barely matters (in that they have so much of it!)

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That was a good listen again (albeit not what you want to hear of course).

 

I think the "moral high ground" point is massively important, and it was good to hear it being made again. And while the "high water" point was interesting and well made, I don't think this has to be that point. There's a lot more that can be done and it sounds as though there is plenty planned.

 

I hope that administration is not the way you end up going. I think it would force you into the National League, would cost some blameless people their jobs (in all likelihood) and, as Derby fans are finding, may lead to your transfer embargo being extended by up to two years. It would have the (limited) upside of the Foundation getting first refusal at making a bid to take the club on, but as Matt said, that is an expensive business to sustain even at fifth tier level. Exeter and Wimbledon are the exemplars if you go that route.

 

You might find it worthwhile to get some expert help from the FSA on fund-raising ; we did some due diligence on the subject about three years ago (most of which is now lost, unfortunately, I think), but our starting point was the FSA's stuff.  I'll see if any of our Trust Committee still has any of the stuff we produced at the time. It might save you a bit of time if we can put our hands on it. 

 

 

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1 hour ago, BP1960 said:

 

Tax what for?

 

Listen to this episode of the POF podcast from 22:15 to 29:00; the potential £920k Tax liability is mentioned at 25:25: this is what we referred to in this week's episode of BPAS.

 

We can only assume that it relates to the HMRC investigation from 2017: https://www.skysports.com/football/news/11730/11146946/oldham-athletic-raided-by-hmrc-officials

 

 

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1 hour ago, JohnnyPimp said:

It’s no doubt been mentioned previously but what happened in the year to 30 June 2016 which resulted in a £4.3m loss?

Probs Failsworth or the Joe Royle stand? 2016 isnt long enough ago for me to remember it yet..

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isnt
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6 hours ago, BP1960 said:

 

Tax what for?

@BP1960It's one of the hidden debts Corney allegedly failed to inform AL about. If you remember HMRC raided the club a couple of years ago. If I remember correctly £1m was set aside for this in the last accounts. In the OASF meeting with Shahed, he told the rep. that the club would pay up when HMRC give them a figure. Shahed seems t have done a very good job at the club. This HMRC debt has been reduced because of the accounts depts. work and they have also managed to get a significant VAT refund. It's a pity he's leaving to focus on his own business

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