Billericay - Owner Glenn Tamplin becomes Manager

Discussion in 'Dulwich Hamlet FC' started by YTC, Mar 2, 2017.

  1. YTC

    YTC Human Man

  2. B.I.G

    B.I.G Well-Known Member

    Find that hard to believe. I’m just watching Narcos:Mexico.
     
    Cyclodunc likes this.
  3. editor

    editor Taffus Maximus

    #denial

     
  4. The Flying Pig

    The Flying Pig Well-Known Member

    My only answer to your "I don't quite understand the headline " is watch this space.......
     
  5. HELVETICVS

    HELVETICVS ILLE QVI PVLSAT SVM

    Can confirm.
    The Queen's lawyers are proving more expensive than The Veiny One had thought.

    Times are hard in Lower Essexshire
    (and the bling was just gold plating, with no depth to it)



    From the 25 Oct. 2018 Filing of the Liquidator, in re AGP Steel Structures Ltd
    [Co.Reg.No.: 07687645]
    AGP STEEL STRUCTURES LIMITED - Filing history (free information from Companies House)


    Antecedent Transactions, made to Creditors without a Validation Order provided by the Court, are a big problem. Doing so without an Order means that Transactions can be Voided and the Liquidator can seek the repayment of Voidable Transactions.

    This has hit The Veiny One hard over the Autumn.

    One imagines nothing was budgeted for, as regards Personal matters...knowing the Gentleman's Legendary Arrogance...and leathery hide.

    As follows :
    p.1 £54k to be repaid from a related Company under GT's Control
    p1 £54k from AssCo.png

    p.2 £39k to be repaid from rent unlawfully paid to GT
    p.2 £9.5k to be repaid from salary unlawfully paid to Directors [GT]
    p2 £48k from GT.png

    p.2 £58k to be repaid from monies unlawfully paid to the Council
    p.2 £substantial Antecedent Transaction with unnamed Creditor [GT]
    p2 Preferential payments.png


    Appendix C, p.11 briefly summarises the foregoing :
    p11 Antecedent Transactions.png

    The Antecedent Transactions did 3 things :
    1) opened up such Transactions to being Voided by the Liquidator
    2) opens the prospect of 'Discovery' as to all Transactions for 2 years prior to Liquidation
    3) potentially strips the Directors of the benefit of the legal principle of Limited Liability

    Number 3 is the most significant.


    Overview :
    Antecedent Recoveries

    The Meaty Bits from the Manual :
    PREFERENCES
    TRANSACTIONS AT AN UNDERVALUE
    OTHER ANTECEDENT RECOVERIES

    It is, therefore, somewhat unsurprising that The Veiny One cannot be found for comment,
    - is it, Mark Baker ?

    Hey, GT - because I know that this will get back to you...
    ALEA JACTA - TRANS FLVMEN RVBICONEM


    A TDF is supposed to be left in TDF Blu.
    You do not put a Cavallino into a plastic strait-jacket, you Heathen.
    That, darling, was when it became something of a personal matter.
     
    Last edited: Dec 10, 2018
  6. TonyWalt

    TonyWalt Active Member

  7. HELVETICVS

    HELVETICVS ILLE QVI PVLSAT SVM

    Well, the Liquidator's words are best to look at - in the attached images embedded in post.

    But - TL,DR :

    Tamplin paid £54k to an associated Company during a period proscribed by law.
    Tamplin paid himself £39k in rent, unlawfully according to the Liquidator.
    Tamplin paid himself £9.5k in salary, unlawfully according to the Liquidator.
    Tamplin paid a "substantial" amount to an unnamed Creditor; unlawfully so, according to the Liquidator.

    The Liquidator's Allegations of Unlawfulness have meant that those Transactions, totalling in excess of £100k, have been Unwound by the Liquidator and Tamplin has had to pay them back to the Liquidator.

    Remember, the Report was written in October and the sums will now have been paid.
    It's those unexpected payments becoming due which have sucked Capital away from BTFC and precipitated a purge amongst the Contracted Playing Staff.

    The foregoing is a more plausible explanation than a mid-season switchover to Full Timers, en masse.

    Frankly, that's just bullshit for the masses.

    It appears that they've swallowed it, because the Liquidator's report is...well, written by an Insolvency Practitioner.

    Bottom line, six-figures already paid. Another six-figures will have to be paid.
    Or, Chase Meadows [that filth-pit of excess from the photos] will be sold for Recovery.

    Because the Liquidator's Allegations are, ipso facto, proven by a simple fact of the dates involved, every outward-bound payment that Company has made can be Unwound by the Liquidator.

    The Transactions can be Unwound in all cases where the Liquidator believes them to have been dubious and this can go back for a substantial period within the company's lifetime.


    Because Tamplin is trying to/tried to fight/argue back, he will have accrued further Costs.

    The Costs will apply to both the Liquidator and Tamplin's lawyers.
    He is using the Queen's lawyers for his Corporate Affairs.

    He cannot afford to do so.

    He is looking at even more losses to stop up on this company.
    More than he expected, more than his personal budgeting would have accounted.
    The money planned to continue covering BTFC losses, 'until a new owner was to be found', dried up - with more likely to be taken by the Liquidator.

    The money which went into BTFC from The Veiny One was Loans, not Equity.
    If they owe anyone outside of their own little bobble-hat clique more than £750, then BTFC are very likely to be Petitioned and Wound Up. VERY LIKELY INDEED.
     
    Last edited: Dec 11, 2018
    3010 and Moroccan Sunset like this.
  8. Moroccan Sunset

    Moroccan Sunset Well-Known Member

    #Lol
     
  9. editor

    editor Taffus Maximus

    OK, bye...

     
  10. Blitzwalker

    Blitzwalker Well-Known Member

    “With the current regime and situation surrounding the club” translates to “I’m off because they’re no longer going to accede to my grossly inflated wage demands.”
     
  11. Monkeygrinder's Organ

    Monkeygrinder's Organ Dodgy geezer swilling vapid lager

    It reads like it was written by a PR person rather than a footballer doesn't it.:hmm:
     
    Blitzwalker likes this.
  12. Emmbeee

    Emmbeee Well-Known Member

    He's probably just about young enough to have one more shot at a contract warming the bench in the league. The problem with going to Billericay was he actually had to play every week.
     
    Blitzwalker likes this.
  13. Blitzwalker

    Blitzwalker Well-Known Member

    It does indeed - written by his agent no doubt.
     
  14. Latahs

    Latahs Well-Known Member

    You would assume that he's had media training, so I agree it's aping that mode. But 'their/they're/there/there are' a couple of errors which make me suspect that it's definitely O'Hara's oeuvre..... :D
     
  15. Cat Daisy

    Cat Daisy Member

    It's just one long sentence (with spelling and capitalisation errors). Maybe it was done by an unpaid PR intern?
     
    pompeydunc likes this.
  16. Latahs

    Latahs Well-Known Member

    If they're/there/their unpaid then they're/their/there being paid too much for that copy.
     
    Cat Daisy likes this.
  17. Blitzwalker

    Blitzwalker Well-Known Member

    Perhaps Nige the kit man wrote it, rather than rob (sic) from match day media.
     
    all to nah and Moroccan Sunset like this.
  18. Harry Smiles

    Harry Smiles Well-Known Member

    I guess it wasn't written on Match Day so.....
     
  19. Blitzwalker

    Blitzwalker Well-Known Member

    Unless rob was working in his spare time of course.
     
  20. editor

    editor Taffus Maximus

    They were thumped 0-4 at home by Woking today.
     
  21. Blitzwalker

    Blitzwalker Well-Known Member

  22. pitchfork

    pitchfork Well-Known Member

    Wheels coming off? Nice to see Waldren getting sent off, maybe he can spend a few weekends with Glenn and clean his pool!
     
  23. editor

    editor Taffus Maximus

    1-5. Festive LOLcakes all round.

    So they've let in no less than NINE goals in their last two games, and scored just one in response.

    It's not just the wheels coming off. The wagon has just collapsed with dry rot and the driver has legged it down the road.
     
    iamwithnail and mx wcfc like this.
  24. StephenMac

    StephenMac Well-Known Member

    Still a non league club, who's fans have largely been decent to us, being fucked over. I don't take any pleasure from that
     
  25. pitchfork

    pitchfork Well-Known Member

    Yep decent fans like Mark Baker? I didn’t see too many of them complaining about Glenn when he was splashing his illegal (allegedly) cash!!!! No sympathy from me they should have held protests like we did against a bully boy owner with loads of cash!
     
    Moroccan Sunset likes this.
  26. iamwithnail

    iamwithnail Well-Known Member

    This is it, for me. I think we'd have been glad to see money into the club, but I hope we'd have had the sense to question (and challenge) where it was coming from. There's a lot of people left high and dry by tamplinn's actions.
     
  27. StephenMac

    StephenMac Well-Known Member

    Lovely Mark represents the exception to the rule...and is a lonely virgin. I love him though.
     
    Jules P and Dulwich Mishi like this.
  28. Son of Roy

    Son of Roy Kiss My Shiny Metal Ass

    Fair comment Steve. They will do much better back in the Bostik league where they belong.
     
    StephenMac likes this.
  29. pitchfork

    pitchfork Well-Known Member

    Yes we love him particularly when he said he would be running round Dulwich with his willy hanging out singing we have stadium don’t you! Remember that Mark care to comment now?
     
  30. StephenMac

    StephenMac Well-Known Member

    That's one twatty bloke. Let's not be comically overly sensitive, we're not Kingstonian supporters.
     

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