Guest mkowl Posted April 26, 2018 Share Posted April 26, 2018 This message has been generated in response to your request to monitor the following company: Company Name : SHEFFIELD WEDNESDAY FOOTBALL CLUB LIMITED Company Number: 02509978 The following form/document(s) have been filed for the above company and are available to order from our Companies House Direct service: Document Type Form ------------- ---- Mort Reg MR01 Please visit your Monitor Service screen from within Companies House Direct to order the above recently filed documents. If you have any questions about this email, please contact the Companies House Direct Helpdesk on 0845 757 3991 If you wish to cancel or amend this Monitor Request, please visit your Monitor Service screen from within the Companies House Direct service. http://direct.companieshouse.gov.uk Link to comment Share on other sites More sharing options...
Guest mkowl Posted April 26, 2018 Share Posted April 26, 2018 Sorry if posted elsewhere - can't see it And in the absence of a Boardroom section these days Seems to be related to the training ground and monies owed Link to comment Share on other sites More sharing options...
@owlstalk Posted April 26, 2018 Share Posted April 26, 2018 Think it will be around the training ground offsetting FFP wont' it? Owlstalk Shop Link to comment Share on other sites More sharing options...
Guest mkowl Posted April 26, 2018 Share Posted April 26, 2018 Link to actual doc Link to comment Share on other sites More sharing options...
Guest mkowl Posted April 26, 2018 Share Posted April 26, 2018 Final pages of the PDF referred to on the link show it is to do with training ground My interpretation is that we have not paid several invoices due to the building and construction suppliers It then looks like Close Financing have acquired the debt and then secured it - I would say that is my interpretation not fact. Close are one of the key financing people out there Link to comment Share on other sites More sharing options...
southportdc Posted April 26, 2018 Share Posted April 26, 2018 1 minute ago, mkowl said: My interpretation is that we have not paid several invoices due to the building and construction suppliers 563 pages. 1 3 Link to comment Share on other sites More sharing options...
OxonOwl Posted April 26, 2018 Share Posted April 26, 2018 Isn't it the mortgaging of the Training ground? It is all Greek to me, mind. Link to comment Share on other sites More sharing options...
bigdan2003 Posted April 26, 2018 Share Posted April 26, 2018 So is this a mortgage on the training ground buildings? Assets associated says Moduleuk, which are the buildings they put up over the last year or so. Link to comment Share on other sites More sharing options...
@owlstalk Posted April 26, 2018 Share Posted April 26, 2018 3 minutes ago, mkowl said: Final pages of the PDF referred to on the link show it is to do with training ground My interpretation is that we have not paid several invoices due to the building and construction suppliers Nah that wouldn't make sense at all Is that clear from the PDF? Are you sure? I'd have thought we were utilising the training ground in some way to offset the FFP thing coming up? Owlstalk Shop Link to comment Share on other sites More sharing options...
OxonOwl Posted April 26, 2018 Share Posted April 26, 2018 Link to comment Share on other sites More sharing options...
southportdc Posted April 26, 2018 Share Posted April 26, 2018 (edited) Why has John Redgate signed it for us? Thought he was gone? Edit - he's signed it as a witness, actually. But still. Weird. Edited April 26, 2018 by southportdc Link to comment Share on other sites More sharing options...
Popular Post alanharper Posted April 26, 2018 Popular Post Share Posted April 26, 2018 The finest legal minds on Bladesmad will be on it as we speak. 21 Link to comment Share on other sites More sharing options...
Sonny Posted April 26, 2018 Share Posted April 26, 2018 5 minutes ago, @owlstalk said: Nah that wouldn't make sense at all Is that clear from the PDF? Are you sure? I'd have thought we were utilising the training ground in some way to offset the FFP thing coming up? What woule this company have to do with our FFP... https://beta.companieshouse.gov.uk/company/06377532/officers Link to comment Share on other sites More sharing options...
OxonOwl Posted April 26, 2018 Share Posted April 26, 2018 England and Wales[edit] Chattel mortgages in England and Wales are seen as a form of security interest (or "collateral") for lenders in certain financing scenarios. Individuals (broadly, non-incorporated legal persons) may give a chattel mortgage over their personal property; however, it must be in the statutory form prescribed by the Bills of Sale Act 1878 and the Bills of Sale Act (1878) Amendment Act 1882 for it to constitute valid security. Companies and other corporate entities may give chattel mortgages too over any tangible, movable property as security for a debt obligation. This type of security will usually fall under the category of registrable charges under the Companies Act 2006. For a chattel mortgage to be a legal mortgage, it must transfer legal title to the chattel (or chattels) to the secured party (typically the lender) and include an express or implied proviso that the legal title will be transferred back to the debtor upon repayment (known as the equity of redemption). (If the chattel mortgage does not meet the statutory requirements for a legal mortgage it may nevertheless be re-characterised as an equitable mortgage or fixed or floating charge.) Chattel mortgages over certain assets (such as ships and aircraft) are governed by more particular rules.[1] Link to comment Share on other sites More sharing options...
Minton Posted April 26, 2018 Share Posted April 26, 2018 Looks like we've decided to mortage the Modulek buildings rather than pay a single large sum. Probably FFP. Also tax deductable I believe. 1 Link to comment Share on other sites More sharing options...
Sonny Posted April 26, 2018 Share Posted April 26, 2018 *message from admin* - You can't be saying stuff like that Link to comment Share on other sites More sharing options...
OxonOwl Posted April 26, 2018 Share Posted April 26, 2018 More Greek. Link to comment Share on other sites More sharing options...
@owlstalk Posted April 26, 2018 Share Posted April 26, 2018 1 minute ago, Sonny said: What woule this company have to do with our FFP... https://beta.companieshouse.gov.uk/company/06377532/officers I've no idea - I'm not an expert by any means and most definitely don't go trawling companies house over stuff like this. I'm not worried though. Our Chairman has the £££ so it could just be a dispute or something Either way it'll be reyt Owlstalk Shop Link to comment Share on other sites More sharing options...
@owlstalk Posted April 26, 2018 Share Posted April 26, 2018 1 minute ago, Minton said: Looks like we've decided to mortage the Modulek buildings rather than pay a single large sum. Probably FFP. Also tax deductable I believe. That's what I was thinking - something FFP related Owlstalk Shop Link to comment Share on other sites More sharing options...
southportdc Posted April 26, 2018 Share Posted April 26, 2018 We need to win one more game to be definitely safe with our impending 10 point admin deduction. 1 Link to comment Share on other sites More sharing options...
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