The Perfect Storm?

[Devils86]

Companies House shows that the company that currently owns Storm has filed for liquidation this month...

Gut tells me this is a behind the scenes way of the club restructuring or moving debt. But would be very concerned if I was a Storm fan.

As an EIHL fan we need every team to be doing well financially, we need competition and variety in our little part of the game.

 

[kettdevil1]

Companies House shows that the company that currently owns Storm has filed for liquidation this month...

Gut tells me this is a behind the scenes way of the club restructuring or moving debt. But would be very concerned if I was a Storm fan.

As an EIHL fan we need every team to be doing well financially, we need competition and variety in our little part of the game.

Are you sure this is the current operating company? I think this is RJSG which was the previous one? I thought currently it was Fonterra...... I might be wrong and it's never great switching companies. RJSG's latest financial records show a fairly balanced profit/loss, although it is always tricky to conclude anything much from the short versions of the accounts so there might be debts hidden.

Could be nothing, could be everything I suppose

 

[Devils86]

I have no idea, but this currently doing the rounds and does really need to be handled by Storm PR-wise. Note that Finnerty and his wife are named in the RJSG company so it cant be an old dormant company. As I said, likely to be some restructuring rather than them going to the wall (hopefully)

 

[Devils86]

Here we go....

 

[Devils86]

Thats a bigger picture than I had anticipated, sorry everyone

 

[Diablo3]

Sounds like they will be fine which is a relief.

 

[kingmo19.1]

A storm in a tea-cup then

 

[4thline]

https://open.spotify.com/episode/3o...7N56TzWfsFVokH0aXg&nd=1&dlsi=b75c56bfd98541d0 Anthony deluca got some interesting things to say about storm from 27:30

 

[kettdevil1]

https://open.spotify.com/episode/3o...7N56TzWfsFVokH0aXg&nd=1&dlsi=b75c56bfd98541d0 Anthony deluca got some interesting things to say about storm from 27:30

Being lazy... and a bit busy.... what does he say?

 

[The_Crimson_Pirate]

Basically, still owed wages.
Wally is on another one of their podcasts. He gets quick emotional about his story.

 

[4thline]

Being lazy... and a bit busy.... what does he say?

He is still owed money by storm, his elbow pads broke during season so they got him new then took them back off him end of season..one of the other players didn't get paid at all

 

[fridaysfingers]

On twitter there has been posted a counter side of these accusations by someone close to Storm

 

[kettdevil1]

Based on no inside knowledge whatsoever, I wonder if the truth is somewhere in the middle.... without wanting to damn him unnecessarily, the player has an 'interesting' past, however, there have been concerns about the previous Storm operating company so..... the only certainty is that it's not a good look for hockey having these things discussed in the open.

 

[kettdevil1]

Interesting 'other side' from someone close to the club: Matt Dowson on X: "@steelers_1991 just to get both sides of the story. https://t.co/EcHiuOhVCx" / X (twitter.com)