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    Embargo

    Posted by J in C on 6/4/2021, 11:21:30

    I am a bit concerned about this

    When I got Garyís autograph a few years back he said there would be no more money worries

      Oh do sod off

      Posted by James on 6/4/2021, 11:24:06, in reply to "Embargo"

      Deeuu

        Re: Oh do sod off

        Posted by Poole Hatter on 6/4/2021, 11:54:25, in reply to "Oh do sod off"

        All a load of bxlloxks as the EFL messed up!

          Sadly itís the club at fault despite the sensationalist headlines

          Posted by Patriotic Hatter on 6/4/2021, 13:19:53, in reply to "Re: Oh do sod off"

          Sadly itís actually the club that has messed up on this occasion.

          No real reason not to have submitted accounts by now and should have been aware of EFL rules.

            Re: Sadly itís the club at fault despite the sensationalist headlines

            Posted by The The on 6/4/2021, 16:38:32, in reply to "Sadly itís the club at fault despite the sensationalist headlines"

            https://members.boardhost.com/lutonoutlaws/msg/1617723450.html

              Re: Sadly itís the club at fault despite the sensationalist headlines

              Posted by Garstang Hatter on 6/4/2021, 13:35:31, in reply to "Sadly itís the club at fault despite the sensationalist headlines"

              Have you actually read the club's statement?

                Re: Sadly itís the club at fault despite the sensationalist headlines

                Posted by Patriotic Hatter on 6/4/2021, 13:43:56, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                Yes I absolutely have and donít understand why the deadline of 9 months to produce and submit accounts was something they were ďunable to achieveĒ

                The ball has sadly been dropped on this one from a governance perspective and no doubt bollockings are happening internally regardless of what the club statement is saying externally.

                  Re: Sadly itís the club at fault despite the sensationalist headlines

                  Posted by Shit Trolling Spotter on 6/4/2021, 13:57:34, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                  0/10

                  *Complication of accounts by pandemic, unprecedented circumstances
                  *Operating with a skeleton staff due to essential furloughing (see above)
                  *Complete compliance with HMRC, but EFL fail to respond to complications (see above)

                  If you're going to attempt to appear clever or edgy, you'll have to try a lot harder.

                    Re: Sadly itís the club at fault despite the sensationalist headlines

                    Posted by Ches Fordroad on 6/4/2021, 14:05:36, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                    Agreed - piss poor effort, unsurprisingly from a previously unknown poster

                      Re: Sadly itís the club at fault despite the sensationalist headlines

                      Posted by Mahatma Gander on 6/4/2021, 14:02:49, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                      If he wants to appear clever he'll need to get someone else to post for him.

                        Re: Sadly itís the club at fault despite the sensationalist headlines

                        Posted by Patriotic Hatter on 6/4/2021, 14:07:49, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                        Nope agree Iím not that clever.

                        I am however a chartered accountant, former auditor and prepare and submit accounts for my job... I know what it takes and I want my club to do these things properly.

                          Re: Sadly itís the club at fault despite the sensationalist headlines

                          Posted by Mahatma Gander on 6/4/2021, 14:35:14, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                          I think perhaps you are under-estimating the strictures we are currently trying to work under while operating at a higher level than we have for a long time and simultaneously trying to deliver two developments that are massively more significant than anything ever attempted by the club before by an order of magnitude or two. The club's and 2020 Developments finances must be in a different league right now compared to what they were just a couple of years ago.

                      Re: Sadly itís the club at fault despite the sensationalist headlines

                      Posted by Nearly a Genius on 6/4/2021, 13:51:52, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                      If Companies House sees the necessity for an extension, why on earth couldn't the EFL?
                      It's they who haven't kept up with the consequences of Covid.

                        Re: Sadly itís the club at fault despite the sensationalist headlines

                        Posted by James on 6/4/2021, 13:55:04, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                        Its a nothing issue , pay no attention to the chap NAG

                          Re: Sadly itís the club at fault despite the sensationalist headlines

                          Posted by Patriotic Hatter on 6/4/2021, 14:04:27, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                          Itís not a huge issue no. And I do agree that it ďdoesnít affect day-to-day operations...Ē

                          but the club have spun it to deflect from the fact theyíve done a bit of a shit job on this occasion.

                          Had the finance people at the club done things correctly, thereíd now be no need for statements, appearing on talksport to say everythingís fine etc etc. Without doubt GS will be handing out bollockings all round.

                          And to answer NAGs question - the EFL deliberately determined its members shouldnít require the 3 month extension allowed by law due to COVID. Many, if not the majority, of companies have decided likewise.

                          You have to consider the EFL are responding here to numerous late filing issues at clubs like Brum, Derby, Sheff Weds etc. For the first time ever Iím actually with the EFL on this one as I think a) itís the right thing to do and b) I donít want our club categorised with those who donít comply with the financial rules even if we donít have anything to hide, as Iím sure we do not.

                          This is purely a case of captain cock-up paying a visit to LTFC Finance Dept. Thatís all Iím saying. No conspiracy. No financial Armageddon. Pure oversight. Beginning and end of story.

                            Re: Sadly itís the club at fault despite the sensationalist headlines

                            Posted by StanBaker on 6/4/2021, 15:24:32, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                            Unlike others on this thread I entirely agree with you.
                            Just because Companys House allows an extension does not need you have to take said extension.
                            Many firms haven't simply to maintain continuity of reporting.
                            If the EFL has not stated its support for the reporting extension then LTFC should be abiding by the EFLs rules ( as most Championship clubs seem to have done).

                            Unfortunately too many on this MB lately seem to think all employees of LTFC are faultless.

                              Re: Sadly itís the club at fault despite the sensationalist headlines

                              Posted by Hmmm on 6/4/2021, 15:34:03, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                              Perhaps most posters understand that the vast majority of LTFC admin staff have been furloughed for the last year.

                              Re: Sadly itís the club at fault despite the sensationalist headlines

                              Posted by Van Diesel on 6/4/2021, 15:31:25, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                              Funny 'cos when I was at school/
                              college/ university and throughout my working career, whenever I've been offered a time extension to deliver something or hand a piece of work in or have something completed, I've accepted

                              Who wouldn't? Are you telling us that, given an offer of an extension of time to complete a task, you WOULDN'T accept that offer? Because if you are I just don't believe you

                              This is all being made a mountain from a mole hill

                                Re: Sadly itís the club at fault despite the sensationalist headlines

                                Posted by StanBaker on 6/4/2021, 16:04:19, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                                But they clearly have not been offered a time extension by the EFL - and they set the rules of THEIR competition.

                                  Re: Sadly itís the club at fault despite the sensationalist headlines

                                  Posted by Van Diesel on 6/4/2021, 16:07:48, in reply to "Re: Sadly itís the club at fault despite the sensationalist headlines"

                                  But they have by Companies House rules and the LAW OF THE LAND* - authority of which dwarfs the EFL's rules

                                  But if you want to be all 'edgy' then, fine.




                                  *I can write in capital letters too

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