Hope the name will officially revert to what it always will be....The Mill House

Depends if the reports in the Evening Gazette (that name the company involved, rather than the Hartlepool Mail that doesn't name the company) have some fallout for Pools. A lot more to come from this story today me thinks.. link:- http://www.gazettelive.co.uk/news/teess ... m=facebook

Niramax and Seneca are the same company. Seneca are rumoured to be providing significant financial investment into Pools since JPNG took over so this development is a little worrying to say the least.

Worrying but hardly surprising.

Moreover £78 million tax fraud from land fill!? I'm going to start burying shit in my back garden as there's obviously coin in it.

Does anyone want owt burying?

My ex-wife, please.

Buy me Pools please.

HMRC stand now

Agreed - but it could be that many contributors are wary of commenting for legal reasons.

Looking like the Loan Window has shut a week early now.

The Mail has a long association with Niramax over the years, I can't see them covering this story in great detail, probably more in the Echo, Gazette and the Hartlepool Post website.
I would like to make a few comments probably like many others re Niramax, the council, Seneca Homes and various other businesses which Niramax are involved in but obviously you do have to be careful what you say at this stage.
It's worrying if Niramax have an association with the new owners hopefully they are not relying on funding from them or are a 'front' for Niramax.

Probably coincidence but there is a Niramax European Recruitment which is part of the group.

One of the owners of Niramax got jailed a few years ago,
http://www.thenorthernecho.co.uk/news/c ... te_attack/

inevitable that sooner or later this whole thing was going to get extremely messy.

looks like sooner.

It's OK, Russ has got the local Volkswagen dealership lined up as a new sponsor...

Don`t forget north Korean airlines deal

Bollocks. I'd trust HMRC ahead of the police anytime - they don't get much wrong. Still have to wait for the outcome of the arrests and the trial, if one happens, but at the very least that's a big sponsor gone because their assets will probably be frozen for now. At worst, they were the financial power behind the takeover and the JPNG website blokes were only window dressing.

Could have serious implications for h u f c but let's hope not

£250,000 in cash on the premises! How much did George Reynolds have in his boot? Sound like they operate along the same kind of business lines (allegedly)

The worst case scenario is the club are running at the same level as it has been for four or five years. If indeed these were planning extra investment we've no real evidence of it yet. They don't own the club. I suppose it could be compared to Berge Larsen's ending his involvement with the club when the tax man caught up with him.

It's not good news for the Town full stop and could have serious implications all over the place.

At the end of the day if these allegations are proven no matter how much money they wanted to chuck at the club would you really want them involved with Pools? The time might be good for the club that this has happened before any serious commitment or investment. Other organisations in the Town might not be so fortunate.

Being negative, IOR used HUFC as a facility to do whatever,registered in the Virgin Islands, the Chairman was a Newcastle fan.
Can we say Niramax were about to do the same ?

Seneca Homes are the shirts sponsors so added to other direct sponsorship that is the only direct involvement Niramax have with the club. So whatever way you look at it, it's not good for the club but like I said the club has been functioning without extra investment for years. They don't own it.

It's true we know very little about these owners and I've heard the hearsay myself about them being a front for Niramax the question I ask is why did they need one? Maybe they were interested in having a bigger involvement in the club but if they wanted to buy it why didn't they just buy it? Plus what links them to Dubai based recruitment company?

This could be, another lucky escape, Ken where are you Russ who's next

While Russ is still here rumours will be rumours.
On the pitch 6/7 Years of absolute shite.

I'm not talking about Niramax as I have no knowledge of their financial affairs so it would be ridiculous to say anything about their relationship with Pools/JPNG.

However, I'm wondering why any company with iffy intentions towards tax declaration might be interested in a cash rich industry that offers money laundering opportunities?

There are people on here with better business knowledge than me but I reckon that if you offered clients a tax free service as long as they paid cash and that side of the business took off, which it probably would because you'd be under cutting rivals, you'd end up with a lot of unusable cash that you'd want to get back into a legitimate state. Football clubs offer a way of doing that and this might well explain the motives of quite a few disreputable owners over the years. it would be even better if the link from one business to another wasn't obvious because you weren't the legal owners.

This is why having a trust is such a good idea even though I have no reason to believe that any of the above applies to Pools.

In the scenario you describe wouldn't there be a tendency for the attendances to be declared higher than the actuals?

Just asking.............

If a company wanted to they could do that, it would be illegal but very hard to spot.

After 18 months of investigation by the HMRC, figures of £78 million, £250000 cash, numerous arrests the presumption of innocence might be in doubt. The HMRC don't go 'knocking on people's doors' unless they have a very good case. George Reynolds was only caught with £250000 and he ended up in jail.

Maybe their intention was to use the ground as landfill , god knows there has been some shite on display for a year or 2!

I always have at least 200k in cash in the car boot just in case I need a haircut, fancy a few pints or want to buy some records. I used to just have a tenner in my pocket but stuff isn't cheap nowadays.

If the 5/600 pay on the day fans missing from the Cambridge game decide not to come back for the rest of season its going to cost the club about 140k in lost gate receipts.
Hope the club realises this before the loan window shuts or maybe they happy with the 3200 who paid up front and anymore fans are an added bonus.

The chairman did say we would be using the Loan Market to bring in better players.
He gone very quiet lately.

He used to joke about it on his shows, took the p*** out the HMRC, poor old Lester Piggot didn't have any friends and he 'went down'

HMRC have got the money for them now !

They will come back as soon as Pools start winning again and put a run of results together. As happened last season when we were bottom of the table and had been absolutely dire for months!

Admittedly, another decent loan signing this week would be nice, but it isn't going to make or break Pools' season. You don't seem to have much confidence in this current squad but they are only 8 games into the current season and clearly a better outfit than Cooper's rabble.

Yeah totally.

Oh I forgot, what car u driving at the minute ...

Dacia Duster or Beetle, don't want to draw attention to myself with 200k in the boot. If they find that they'll look in the shoe boxes in the garage and then I'll really be in trouble.