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Guest somner9
Posted (edited)

Ok any updates? are the Dung deed? Did agent Potter go ferral and excede his missions aim and objectives?

Is liquidation a 'Dung Deal'?

Edited by somner9

Posted (edited)

They've been given another 24 hours by the tax man.

Is that not the name of a song by that sensational pop combo The Beatles

Edited by stevie-dee
Posted (edited)

Is that not the name of a song by that sensational pop combo The Beatles

Sonds very similar!....If truth be told we dodged a bullet...(Reg)....SG was our rescue.....They never had one and Masterbater took control. Him and Minty went on a Charlie and the chocolate factory frenzy....Minty won Leagues and cups while Masterbater won fcuk all but had Kozma. Dunfermline took away our sense of fair play and now must pay the price.

Edited by reborn saint
Posted

Im sure they will enter Administration, which means a points deduction. If they get the 25 that Dundee got then that could mean relagation as they would drop to the bottom of the legue. He He.

Posted

Airdrie must be pig sick of this, all they want is to play 2nd div football, every time they try to get relegated, they are saved by a team going bust.

On a lighter note, f**k you Leishman.

Posted

Sonds very similar!....If truth be told we dodged a bullet...(Reg)....SG was our rescue.....They never had one and Masterbater took control. Him and Minty went on a Charlie and the chocolate factory frenzy....Minty won Leagues and cups while Masterbater won fcuk all but had Kozma. Dunfermline took away our sense of fair play and now must pay the price.

Kozma signed for Dunfermline in 1989 - Masterton joined the board in 1990.

Guest somner9
Posted

is masterton looking for administration or is he jist at the wind-up?

Guest somner9
Posted

They have officially applied to go into administration. Another cheating football club attempting to squirm out of paying debts by foul means.

Fowl Means eh?

Chickens!!!

Posted

Talk about polishing a turd, fleeing for the cover of administration and bigging it up as some form of productive salvation , talking of fair play to have underwritten costs of the Appointed administrator as a great effort and some form of victory...................laughable.

Glad that club don't owe me any lucre, pity any poor folk that are due recompense from this mal administered shambles of a football club

Posted

As i new they would. Lets hope they get that 25point deduction and head down to div2. They might even stop sevco from winning the league next year. That would be class. :-)

Posted

Looks like they'll probably be safe which is the best outcome.

The main debtor was the guy whose brainless idiocy got them into the shit in the first place.

Shame about the staff though.

As for Paul Gallagher whining about the SFA not helping?

When are players going to realise that it's their fault as well the greedy bastards.

Posted

On a lighter note, f**k you Leishman.

That's a bit over the line mate. Unless of course I've misjudged you and you know Jim Leishman personally and have genuine reasons to dislike him?

Guest TPAFKATS
Posted

I'm sure Peter Barlow has managed to offset any loss of wages with what he has saved in travelling expenses whistling.gif

Posted

It looks like Dungfermline are aptly named as they appear to be dune the pan!

I like your avatar - interesting montage - had tae blow it up to make sense of it, though. :)

Posted

I like your avatar - interesting montage - had tae blow it up to make sense of it, though. smile.png

I've never asked you anything like this before ,Bluto, but could you please blow it up for me? Some things a guy just can't get the knack of!

Posted (edited)

There's probably a wee button on the bottom right of your screen at the moment.

a plus sign and 100%

click that you'll get 125%

again and it's 150%

again and it'll be back to 100%

Or..

right click on his avatar

save as... from the menu

(to save the image)

Open your saved image with photopaint, corel whatever you use. Then resize the pic.

bob's yer enlarged pic!

ETA:

OR...

post-1579-0-74136600-1364379922_thumb.jp

Edited by bluto
Posted

Masterton is "owed" the majority of the debt. A fair bit if that debt will be "fees and interest" and "unpaid wages and dividends" These "debts" mean that any administration will pay most of the money to Masterton. Should he be involved in a "buy out" then most of what he pays in goes strait back to himself. So effectively he retains control of the company (and can continue to milk it) and gets to pay of other creditors at a pence in the pound rate. Also remember that assets are usually sold at "firesale" prices.

There are company laws that make such practice illegal, but as D&P can testify; it's only illegal if you get caught. This has sharp practice written all over it. If I were a Dung fan I'd be giving masterton and his cronies F*CK ALL. I certainly would not be paying for him to stick his pet accountant in as administrator and watch him shaft the creditors.

Guest somner9
Posted

Masterton is "owed" the majority of the debt. A fair bit if that debt will be "fees and interest" and "unpaid wages and dividends" These "debts" mean that any administration will pay most of the money to Masterton. Should he be involved in a "buy out" then most of what he pays in goes strait back to himself. So effectively he retains control of the company (and can continue to milk it) and gets to pay of other creditors at a pence in the pound rate. Also remember that assets are usually sold at "firesale" prices.

There are company laws that make such practice illegal, but as D&P can testify; it's only illegal if you get caught. This has sharp practice written all over it. If I were a Dung fan I'd be giving masterton and his cronies F*CK ALL. I certainly would not be paying for him to stick his pet accountant in as administrator and watch him shaft the creditors.

Yep!

The only way Dung fans are going to see a team play in the Dung colours again is if HMRC are successful today and liquidate the omnishambles Masterton has created. It will mean playing somewhere else other than east end park, but they could be invited into Div 3 (or reconstructed div 2) if they really want it.

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