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Monday, June 11, 2007

QPR Chairman Paladini Mirror Comments re Unpaid VAT

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Sunday Mirror - June 10 - Steve Stammers
QPR: VAT CHANCE OF US GOING;


Queens Park Rangers have been served with a winding up order by Customs and Excise - but chairman Gianni Paladini insisted last night that their future is secure.
The order concerns unpaid VAT and the demand is for between EUR900,000 and EUR1million.
But talks between QPR and the authorities are on-going to find a solution before the matter goes to Bristol County Court on July 4.
Paladini said: "We are in negotiations and I am not just confident, but I'm certain the matter will be sorted out before the case is due to be heard.
"The problem is that some of the money being claimed goes back five or six years, before I was involved with the club.
"But if any supporters are concerned about the club's future they should not be. The situation is under control and I do not consider it to be serious."

[And as reported by Skysports Paladini soothes QPR fears - By Mark Buckingham - Created on 10 Jun 2007

Gianni Paladini has moved to reassure Queens Park Rangers fans that the club's future is not under threat.
The Championship side have been served with a winding-up order by Customs and Excise in relation to unpaid VAT.
The figure owed is reportedly in the region of £700,000 to £800,000 and there is a court hearing planned for 4th July.
But QPR chairman Paladini is confident the issue will be resolved and is adamant that the club will not be going under.
"We are in negotiations and I am not just confident, but I'm certain the matter will be sorted out before the case is due to be heard," Paladini told the Sunday Mirror.
"The problem is that some of the money being claimed goes back five or six years, before I was involved with the club.
"But if any supporters are concerned about the club's future they should not be.
"The situation is under control and I do not consider it to be serious." Skysports

Also See:

QPR 1st re situation and email from QPR Director, Nick DeMarco "Winding up order"

Rivals Clive Whittingham " "Is this a(nother) wind up?"

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