The Owners

Kopstar

★★★★★★
Joined
Jun 15, 2007
Messages
14,625
WTH? Would that be something dated October 1 as in prior years?
Yes, it would need to be filed by 15 October 2018. Failure to file it on time is an offence committed by—

(a) the company,

(b) every director of the company,

(c) in the case of a private company with a secretary or a public company, every secretary of the company, and

(d) every other officer of the company who is in default.

For this purpose a shadow director is treated as a director.

(853L of the Companies Act 2006)

That might then prompt the Registrar to send a notice requesting that information within 14 days and then, if no response had been received, send a further notice that if no response is received within a further 14 days from the second communication that a notice of strike off may be published in the Gazette...

The timing suggests somebody at UKSV hasn't a) filed the confirmation statement by 15 October, b) responded to the first 14 day notice letter, c) failed to respond to the second/final 14 day notice letter...

WAKE UP PEOPLE!
 

Lowton_Red

No football club is successful without hard work.
Ad-free Member
Joined
Oct 19, 2015
Messages
2,503
Yes, it would need to be filed by 15 October 2018. Failure to file it on time is an offence committed by—

(a) the company,

(b) every director of the company,

(c) in the case of a private company with a secretary or a public company, every secretary of the company, and

(d) every other officer of the company who is in default.

For this purpose a shadow director is treated as a director.

(853L of the Companies Act 2006)

That might then prompt the Registrar to send a notice requesting that information within 14 days and then, if no response had been received, send a further notice that if no response is received within a further 14 days from the second communication that a notice of strike off may be published in the Gazette...

The timing suggests somebody at UKSV hasn't a) filed the confirmation statement by 15 October, b) responded to the first 14 day notice letter, c) failed to respond to the second/final 14 day notice letter...

WAKE UP PEOPLE!
I had been waiting for the Confirmation Statement in anticipation of possible changes, given the delay in publication.

However, to miss so many deadlines is very poor form. It's not as though the Confirmation Statement is a long and complicated document - the last one was all of four pages long (and mostly white space).
 

CymruRed

TIA Youth Team
Ad-free Member
Joined
Aug 5, 2010
Messages
1,366
Yes, it would need to be filed by 15 October 2018. Failure to file it on time is an offence committed by—

(a) the company,

(b) every director of the company,

(c) in the case of a private company with a secretary or a public company, every secretary of the company, and

(d) every other officer of the company who is in default.

For this purpose a shadow director is treated as a director.

(853L of the Companies Act 2006)

That might then prompt the Registrar to send a notice requesting that information within 14 days and then, if no response had been received, send a further notice that if no response is received within a further 14 days from the second communication that a notice of strike off may be published in the Gazette...

The timing suggests somebody at UKSV hasn't a) filed the confirmation statement by 15 October, b) responded to the first 14 day notice letter, c) failed to respond to the second/final 14 day notice letter...

WAKE UP PEOPLE!

Forgive my ignorance and having absolutely no clue about the legal side of business,in laymans terms,what does this actually mean and it's potential outcome on the club?
 

Kopstar

★★★★★★
Joined
Jun 15, 2007
Messages
14,625
Forgive my ignorance and having absolutely no clue about the legal side of business,in laymans terms,what does this actually mean and it's potential outcome on the club?
In terms of liability, fines in the daily amount of up to £500 for each director. In terms of what happens if the holding company is struck off then the assets (and UKSV own 100% of the shares in Liverpool Football Club and Athletics Grounds Limited) pass to the Crown (bona vacantia). The Treasury Solicitor will then look to sell those assets for market value.

That's some way off though but no doubt someone needs to start sorting this out sharpish.
 

Lowton_Red

No football club is successful without hard work.
Ad-free Member
Joined
Oct 19, 2015
Messages
2,503
In terms of liability, fines in the daily amount of up to £500 for each director. In terms of what happens if the holding company is struck off then the assets (and UKSV own 100% of the shares in Liverpool Football Club and Athletics Grounds Limited) pass to the Crown (bona vacantia). The Treasury Solicitor will then look to sell those assets for market value.

That's some way off though but no doubt someone needs to start sorting this out sharpish.
Isn't it likely that HMRC would object to UKSV being struck off the register of companies and dissolved, as any outstanding tax liabilities would be lost?
 

Lowton_Red

No football club is successful without hard work.
Ad-free Member
Joined
Oct 19, 2015
Messages
2,503
They'd be payable from the assets though.
Although the assets would pass to the crown, any liabilities would be extinguished:

Bona vacantia dissolved companies

"Property, cash and any other assets owned by a company when it is dissolved automatically pass to the Crown. This is because the law says this happens. You can find the main provisions of this law in the Companies Act 2006.

Liabilities of a company do not pass to the Crown on dissolution: they are normally extinguished."
 

Red over the water

Well-Known Member
Joined
May 13, 2018
Messages
3,168
Has another company been set up and the former holding company is now being allowed to dissolve?

We need more info. I’m not panicked yet!
 

Kopstar

★★★★★★
Joined
Jun 15, 2007
Messages
14,625
The Company have finally filed their confirmation statement. Threat of strike off should now be removed upon payment of the required fines.
 

Lowton_Red

No football club is successful without hard work.
Ad-free Member
Joined
Oct 19, 2015
Messages
2,503
The Company have finally filed their confirmation statement. Threat of strike off should now be removed upon payment of the required fines.
The late submission of the Confirmation Statement is ridiculous given that there are no updates. Only two things had to be changed: the date of the Confirmation Statement, and the date it was submitted electronically; a job you would struggle to stretch out to ten minutes even with a coffee break. :rolleyes:
 

Claymenza

Well-Known Member
Joined
Sep 21, 2013
Messages
1,844
I think nord vpn are missing a marketing trick there - pic of Allison, vvd etc - the best defence in the world.....
To be fair, fsg does not get enough credit for changing the way they think in terms of moneyball.
It was effective during the brendan rodgers era when he effectively weeded out all the high investment/low value players like joe cole.

When coutinho, sterling and suarez left, only klopp could come in and replace them with players of similar or better calibur.
To think we were linked to Shaq and salah back during rodgers' era.

Also, we defend as a unit. When rodgers brought in sakho, it was done on the basis that the defense would be better one on one than rely on a unit. Lovren is not hard wired this way and requires to be part of a unit. Allison also has more involvement with the defenders than mignolet would
Yes it's smart to make moneyball signings like robertson and shaq. However, allison and van dyjk were the premium signings that Klopp and FSG knew they trusted.

Brilliant recruitment and retention strategy. Next will be youth development.
 

lfc.8

Well-Known Member
Joined
Sep 17, 2012
Messages
2,512
Liverpool in talks with New Balance over record kit deal from 2020-21... and they want to eclipse Manchester United's £75m-a-year adidas contract
  • Liverpool are looking to beat Manchester United's record £75m kit deal
  • At present, the Reds earn £45million-a-year with American brand New Balance
  • They are now in talks with New Balance about extending their deal
  • However, they will need to significantly improve their current terms
Liverpool are in negotiations to seal a record Premier League kit deal, with club officials looking to eclipse Manchester United's £75million-a-year agreement with adidas.

The Anfield club's current kit deal with New Balance ends at the end of the 2019-20 season and it is understood that talks to extend the current deal under improved terms have already got under way.

Liverpool's current deal is worth £45m-a-year - but while the club and American kit company consider the agreement a massive success - it is understood New Balance will have to increase their sponsorship offer by at least £30m a year for it to continue.

They have reported two straight years of record kit sales.

Owners Fenway have overseen massive progress at the club since signing a kit deal with Warrior at the beginning of the 2012-13 season - before the sponsorship switched to parent company New Balance ahead of the 2015-16 season.

Since the New Balance deal was brokered, Liverpool have appointed Jurgen Klopp, who has built a massively talented squad and overseen an exciting brand of football.

Klopp has also developed superstars including Mo Salah, Sadio Mane, Roberto Firmino, Alisson and Virgil van Dijk. They have all committed to the club by signing long-term contracts.

The German has already taken the club - currently top of the league - to a Champions League final, Europa League final and League Cup final.

Liverpool were also listed in the world's top five strongest football brands in The Football 50 table, conducted by Brand Finance during the summer. Liverpool were behind only Barcelona, Real Madrid, Bayern Munich and Manchester United.

A source close to the talks told Sportsmail: 'The club are established in Europe again and challenging at home. They were the most watched Premier League team last season with 880 million viewers across all competitions.

'Liverpool will be competing with Manchester United's £75m-a-year deal. They are open to extending with New Balance, but if they don't come up with the cash, the club would be open to finding another partner.'

In June, Forbes ranked Liverpool as the fourth most valuable club in the Premier League, behind Manchester United, Chelsea and Arsenal.

Both Arsenal and Chelsea earn £60m a year from their latest kit deals. Arsenal start a five-year deal with adidas worth £300m in the summer, while Chelsea signed 15-year deal with Nike in 2016 worth £900m.

Manchester City have signed a £50m a year deal with Puma starting next season.

https://www.dailymail.co.uk/sport/f...w-balance-record-kit-deal-2020-21-season.html
 
C

Caradoc

Guest
Liverpool in talks with New Balance over record kit deal from 2020-21... and they want to eclipse Manchester United's £75m-a-year adidas contract
  • Liverpool are looking to beat Manchester United's record £75m kit deal
  • At present, the Reds earn £45million-a-year with American brand New Balance
  • They are now in talks with New Balance about extending their deal
  • However, they will need to significantly improve their current terms
Liverpool are in negotiations to seal a record Premier League kit deal, with club officials looking to eclipse Manchester United's £75million-a-year agreement with adidas.

The Anfield club's current kit deal with New Balance ends at the end of the 2019-20 season and it is understood that talks to extend the current deal under improved terms have already got under way.

Liverpool's current deal is worth £45m-a-year - but while the club and American kit company consider the agreement a massive success - it is understood New Balance will have to increase their sponsorship offer by at least £30m a year for it to continue.

They have reported two straight years of record kit sales.

Owners Fenway have overseen massive progress at the club since signing a kit deal with Warrior at the beginning of the 2012-13 season - before the sponsorship switched to parent company New Balance ahead of the 2015-16 season.

Since the New Balance deal was brokered, Liverpool have appointed Jurgen Klopp, who has built a massively talented squad and overseen an exciting brand of football.

Klopp has also developed superstars including Mo Salah, Sadio Mane, Roberto Firmino, Alisson and Virgil van Dijk. They have all committed to the club by signing long-term contracts.

The German has already taken the club - currently top of the league - to a Champions League final, Europa League final and League Cup final.

Liverpool were also listed in the world's top five strongest football brands in The Football 50 table, conducted by Brand Finance during the summer. Liverpool were behind only Barcelona, Real Madrid, Bayern Munich and Manchester United.

A source close to the talks told Sportsmail: 'The club are established in Europe again and challenging at home. They were the most watched Premier League team last season with 880 million viewers across all competitions.

'Liverpool will be competing with Manchester United's £75m-a-year deal. They are open to extending with New Balance, but if they don't come up with the cash, the club would be open to finding another partner.'

In June, Forbes ranked Liverpool as the fourth most valuable club in the Premier League, behind Manchester United, Chelsea and Arsenal.

Both Arsenal and Chelsea earn £60m a year from their latest kit deals. Arsenal start a five-year deal with adidas worth £300m in the summer, while Chelsea signed 15-year deal with Nike in 2016 worth £900m.

Manchester City have signed a £50m a year deal with Puma starting next season.

https://www.dailymail.co.uk/sport/f...w-balance-record-kit-deal-2020-21-season.html


Thanks for posting this. I saw it earlier today. It just goes to show the significant progress made by the club both on and off the field and is testament to the excellent stewardship of FSG as owners alongside Peter Moore as CEO.
 

Red over the water

Well-Known Member
Joined
May 13, 2018
Messages
3,168
Puts New Balance on the map so they have to pay, and if they don’t another major brand will be waiting in the wings, probably Adidas.

I think New Balance will pay the dough. It will be win-win, and part of the money will be based on success.
 

lfc.eddie

"¿Plata... O Plomo?"
Joined
Sep 18, 2006
Messages
53,286
Thanks for posting this. I saw it earlier today. It just goes to show the significant progress made by the club both on and off the field and is testament to the excellent stewardship of FSG as owners alongside Peter Moore as CEO.
Deal yet to be agreed and it depends whether NB has made enough from our merchandising for them to put that sort of amount into our coffer. The NB coverage throughout the world is a bit bare, so I am not sure how much they’ve gotten back. One thing that is going for us is Salah, lots of kids I see in my part of the world asking for Salah shirt.

Will give them a pat on the back when they seal it and expect it to be £80m and above.
 
C

Caradoc

Guest
Deal yet to be agreed and it depends whether NB has made enough from our merchandising for them to put that sort of amount into our coffer. The NB coverage throughout the world is a bit bare, so I am not sure how much they’ve gotten back. One thing that is going for us is Salah, lots of kids I see in my part of the world asking for Salah shirt.

Will give them a pat on the back when they seal it and expect it to be £80m and above.

Yeah thanks eddie ...... I already realised that! :)

If NB don’t follow this up there will be other companies.


I realise you’re not exactly FSG’s biggest admirer but if its okay with you I think they’re great so I’ll praise them as I see fit! :well done:




Puts New Balance on the map so they have to pay, and if they don’t another major brand will be waiting in the wings, probably Adidas.

I think New Balance will pay the dough. It will be win-win, and part of the money will be based on success.


Agreed!
 

lfc.eddie

"¿Plata... O Plomo?"
Joined
Sep 18, 2006
Messages
53,286
I realise you’re not exactly FSG’s biggest admirer but if its okay with you I think they’re great so I’ll praise them as I see fit! :well done:
Nothing to do with being an admirer, just a person who don't like counting the chickens before them eggs hatch.
 

Red Ted

Well-Known Member
Joined
Aug 14, 2018
Messages
636
Our first full season under them (2011/2012):



We're currently on 51 points at the half way point.

God that's a deeply grim reminder, I remember that season as it was the only time as a Liverpool fan I fully expected us to lose when the dregs of the league came to play at Anfield, 52 points!
 

Kopstar

★★★★★★
Joined
Jun 15, 2007
Messages
14,625
God that's a deeply grim reminder, I remember that season as it was the only time as a Liverpool fan I fully expected us to lose when the dregs of the league came to play at Anfield, 52 points!
At this stage in 2010/11 we had 29 points a goal difference of - 3 and were 11th in the table below the likes of Sunderland, Newcastle, Blackpool, Bolton and Stoke.

Still, our UEFA club coefficient was 5th then and now it's 14th so by @RedForever2014's reckoning they've taken us backwards.
 

Red_Jedi

Anfield kick about
Ad-free Member
Joined
May 30, 2017
Messages
1,987
https://www.telegraph.co.uk/footbal...ted-become-first-club-100m-annual-net-profit/

*edit - found the original article.

So shittly run this club...

What a drastic change in fortunes since the dark days of the cowboys.
Our club actually feels wealthy at the moment.
Just walking around the stadium on match day has this “colossus” feeling about it.

Feels like a modern day football club.

Then we have the likes of Alison and VVD to watch on the turf - and Keita and Fabinho on the bench (nearly £100m just there).

And all these players signing new contracts without a fuss.

And if we are about to make a record profit - then which players will replace Studge, origi, Moreno and Lallana.... these owners are fighting in a landscape that has city, Chelsea and united who have had years of serious squad building - and we may have a squad that is up there - our 1st 11 already is - just not the depth.

All incredible!