proud panther 1,505 Posted August 25, 2022 Surely there should be a payment owed to season ticket holders ? Share this post Link to post Share on other sites
soupy 556 Posted August 25, 2022 21 minutes ago, proud panther said: Surely there should be a payment owed to season ticket holders ? Yep but I doubt it and told us we would be refunded.Has anyone got any idea how much roughly that is owed on the season ticket? Share this post Link to post Share on other sites
King Jamie 356 Posted August 25, 2022 Within the Statement of Affairs, on the Summary of Liabilities page, there is an amount of £8,872 owing to 'consumer creditors'. I would guess season ticket holders are included in that figure? Share this post Link to post Share on other sites
Aceslider 218 Posted August 25, 2022 1 hour ago, King Jamie said: Within the Statement of Affairs, on the Summary of Liabilities page, there is an amount of £8,872 owing to 'consumer creditors'. I would guess season ticket holders are included in that figure? I think you are absolutely right and probably the whole amount attributable to season ticket holders. If that is the case, my understanding is that they will rank as unsecured creditors meaning that after liquidators fees etc, won't get a penny back. Share this post Link to post Share on other sites
Tsunami 10,219 Posted August 25, 2022 5 hours ago, arnieg said: And just what were Newcastle speedway paying Nick Brown for? I would suggest that he paid that as a sponsor for free attendance and advert in the programme. 1 1 Share this post Link to post Share on other sites
Winditon 233 Posted August 25, 2022 10 hours ago, soupy said: Yep but I doubt it and told us we would be refunded.Has anyone got any idea how much roughly that is owed on the season ticket? Anyone know how to fill the form in from the liquidator? For a start not even sure how much I'm entitled to. Not holding out much hope but going to try and fill it in anyway. Share this post Link to post Share on other sites
homer 165 Posted August 25, 2022 Just start typing and answering questions usually a good place to start Share this post Link to post Share on other sites
TotallyHonestJohn 3,078 Posted August 25, 2022 29 minutes ago, Winditon said: Anyone know how to fill the form in from the liquidator? For a start not even sure how much I'm entitled to. Not holding out much hope but going to try and fill it in anyway. Divide the cost of the ticket by the expected number of home meetings that were covered by the ticket and then multiply this number by the amount of meetings you didn't get to see and this will be roughly what you are owed 180 ticket say ÷ 12 meetings =15 quid per meeting... and if there were 6 home meetings left you are due 90 quid back as a refund... I don't know the exact figures / cost / meetings but it will give you an idea... Beware though because if there isn't enough money in the pot to pay the debtors in full the liquidators / administrator may only have enough funds to pay out say 50 pence in the pound so you will only get half of what you will be actually owed... or in the case we had where we got 0.02 pence in the pound... in that scenario you would only get £1.80 back against the 90 quid (ish) you lost... Regards THJ 2 Share this post Link to post Share on other sites
Winditon 233 Posted August 26, 2022 7 hours ago, TotallyHonestJohn said: Divide the cost of the ticket by the expected number of home meetings that were covered by the ticket and then multiply this number by the amount of meetings you didn't get to see and this will be roughly what you are owed 180 ticket say ÷ 12 meetings =15 quid per meeting... and if there were 6 home meetings left you are due 90 quid back as a refund... I don't know the exact figures / cost / meetings but it will give you an idea... Beware though because if there isn't enough money in the pot to pay the debtors in full the liquidators / administrator may only have enough funds to pay out say 50 pence in the pound so you will only get half of what you will be actually owed... or in the case we had where we got 0.02 pence in the pound... in that scenario you would only get £1.80 back against the 90 quid (ish) you lost... Regards THJ Thanks John 1 Share this post Link to post Share on other sites
*JJ 512 Posted August 26, 2022 18 hours ago, Aceslider said: I think you are absolutely right and probably the whole amount attributable to season ticket holders. If that is the case, my understanding is that they will rank as unsecured creditors meaning that after liquidators fees etc, won't get a penny back. Which is exactly what happened when the Phillips promotion at Birmingham went bust in 2014. So don't hold your breath for repayment ... Share this post Link to post Share on other sites
enotian 562 Posted August 26, 2022 20 hours ago, Tsunami said: I would suggest that he paid that as a sponsor for free attendance and advert in the programme. In which case wouldn't a whole host of other sponsors appear as creditors? Can't imagine he'd be the biggest sponsor? This would relate to a payment due to Nick Brown MP, for services provided, which is outstanding? Interesting. I recall Nick Brown chaired an All Party Speedway Commons Committee way back. Wonder if it relates in some way to that? Or perhaps Grant was seeking political support in securing an alternative site. Anyone fancy doing a FOI on this one? 1 Share this post Link to post Share on other sites
StevePark 2,781 Posted August 26, 2022 2 minutes ago, enotian said: In which case wouldn't a whole host of other sponsors appear as creditors? Can't imagine he'd be the biggest sponsor? This would relate to a payment due to Nick Brown MP, for services provided, which is outstanding? Interesting. I recall Nick Brown chaired an All Party Speedway Commons Committee way back. Wonder if it relates in some way to that? Or perhaps Grant was seeking political support in securing an alternative site. Anyone fancy doing a FOI on this one? They are. Share this post Link to post Share on other sites
enotian 562 Posted August 26, 2022 On 8/25/2022 at 9:01 AM, Aceslider said: Directors - £33K Arena Racing Company - £10.5K BSPA - £14K Grants Butchers - £3.5K VAT - £2.4K Nick Brown MP - £600 where? or is there a more extensive list? Share this post Link to post Share on other sites
Aceslider 218 Posted August 26, 2022 15 minutes ago, enotian said: where? or is there a more extensive list? https://find-and-update.company-information.service.gov.uk/company/12324842 Filing history tab - Statement of Affairs PDF 1 Share this post Link to post Share on other sites
arnieg 3,643 Posted August 26, 2022 20 minutes ago, Aceslider said: https://find-and-update.company-information.service.gov.uk/company/12324842 Filing history tab - Statement of Affairs PDF Trybooking must be worried about that £1 they are owed. Share this post Link to post Share on other sites
