BREAKING NEWS
 

Claims that Truro City owes nearly £4 million

Trusted article source icon
Monday, November 05, 2012
Profile image for WBMiles

WBMiles

The scale of the alleged debt at Cornwall's biggest football club has emerged.

Truro City Football Club owes nearly £4 million pounds, it has been claimed.

  1. Truro City Football Club

    Truro City Football Club

The figure has been revealed in a report from the administrators, Walsh Taylor, currently running the club.

Truro City went into administration after former chairman Kevin Heaney was declared bankrupt.

10% discount applied to all our NCP telephone systems supplied...

A J Communications

View details

Print voucher

Order a new Panasonic NCP telephone system for your business premises or retail unit, with installation during May or June and receive a 10% discount off our already competitive prices.

Terms: Voucher must be presented to engineer during the initial site visit.
Contact 01726 871700 or 01452 223126 and quote "This is Cornwall" voucher site

Contact: 01452 223126

Valid until: Sunday, June 30 2013

Negotiations are still ongoing regarding the sale of the club to three businessmen from Truro - Pete and Jaoson Masters from nightclub L2 and Pete Perryman from taxi firm A2B.

The figures are taken from information given by creditors and have not been agreed by both sides.

The report notes that: "Any sale of the Football Club is likely to result in the company proposing a company voluntary arrangement to all creditors."

The list of creditors is made up of debts ranging from a couple of pounds to a claim for £1.5 million from BCK, a "wealth management" company based in Dublin.

The list also includes allegedly unpaid utility bills and more than £1 million to an individual named as Yulia Sincock. A Julia Sincock is listed as one of the directors of the football club.

A number of Truro City players also appear on the list of creditors but are listed as claiming zero payment.

The total sum allegedly owed is £3,931,352 with £30,000 claimed by preferential creditors and £3,901,352 claimed by unsecured creditors. 

0
Tweet this article
Report

Comments

  • Profile image for JC2010

    by JC2010

    Thursday, November 08 2012, 12:10PM

    “How Heaney, Sincock and all the other people they've used over the years to front their dirty dealings have continued to get away with it, is quite beyond me.

    There was a time when they had some establishment protection, simply because they appeared to have wealth, which is sad, opportunist and greedy enough in itself, but even when that's largely evaporated, it seems they can continue to cock-a-snoop at justice and the entire community of Cornwall with impunity.

    How long exactly are they going to be allowed to carry on like this?”

  • Profile image for josdave

    by josdave

    Monday, November 05 2012, 7:00PM

    “Heaney was part of a syndicate that the administrator thought was fit to buy Plymouth Argyle. Anyone down here couldn have told him that bid would not succeed so it says a lot about the standard of administrators for football clubs. In answer to cheekyman yes that is her next to the ginger fraud who should have been jailed years ago but seems to get away with it every time.”

  • Profile image for cheekyman_jr

    by cheekyman_jr

    Monday, November 05 2012, 11:24AM

    “This Julia Sincock?

    http://tinyurl.com/awt3lvf

        Your comments awaiting moderation

        Be the first to comment

        max 4000 characters
         
         
         
         
         
         

        Tell us about your area

        Got some interesting news? Write about it and let your whole community know.

          Write an article