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Capo aus. And nz?


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This broke yesterday on the capo au Fb page.... To quote Steve Harris below:

"Well this looks like as good a place as any for me to break my silence. Everything you read is fact. I can back up every single thing I speak of with documented proof that is legally sound.

GPA Worlds was a massive failure, despite what the organisers would have you think. CAPO was left with $230,000+ worth of debt to creditors. Myself being the largest creditor who was owed $170,000+. CAPO was on the brink of extinction. A restructure was agreed to with the forming of the new CAPO that took on the good will of the previous. In effect Wayne Howlett owned the old CAPO and I owned the new.

It came to my attention that members of the committee, led by Karen Coliero had taken steps to try and circumvent the agreed corporate restructure and form their own federation. This led me to investigate further into CAPOs previous financial situation and it wasn’t pretty.

The most distressing thing I uncovered was that CAPO for up to 3 years had never lodged any tax return. No quarterly BAS statements, no income tax and no GST. It wasn’t even registered for GST. Not one receipt had ever been issued by CAPO. THIS IS TAX EVASION. All funds that had gone to CAPO for membership, entry fees and sponsorship was going directly into Karen Coleiro’s private bank accounts. You all have evidence of this, just look at the account name on any payment you made to CAPO, you will notice Karen’s name on all of them. THIS IS TAX FRAUD. These tax implications add up to hundreds of thousands of dollars. Criminal charges and jail time are a real possibility.

Where has all the money gone?? Not a cent came to me, the largest creditor owed money. Your guess is as good as mine. There is no financial records at all. No profit and loss, no Monthly income statements, nothing. Not a single piece of evidence to prove anything. Repeated Not even a bank statement has been provided. Karen was given a chance to provide this information and she did not or would not. She was stood down and voted out by a committee of her peers. Other committee members stood down at their own volition.

The ex-members of the committee then continued with their forming of the new federation. They stole the WPC affiliate and started WPC Australia. They were found out to be lying by the WPC and the affiliate was stripped from them and reinstated to CAPO.

Do with this information as you will I have nothing to hide. I will happily make all my records available to the authorities and the tax man when he comes knocking, and he will come knocking it’s only a matter of time.

Let me make this final statement to address anyone questioning my commitment to the sport. I’m a businessman and in the short time I’ve been involved in powerlifting I have invested over $250,000 into the sport. In forms of sponsorship for both athletes, competitions and federations. A level of sponsorship that has never been done before. Like me or hate me I have done more for the sport financial in this country than anyone ever before in such a time frame. Despite the huge financial setback I have incurred I still continue to contribute with all my sponsorships and now to rebuilding CAPO. For people who want to challenge my integrity or honesty and attack me personally on social media without even knowing me, a little about myself. I served in the Australian Army for 8 years, a veteran of Iraq and Afghanistan. I also held one of the country’s highest top secret clearances. In short I have very real, credible background.

Regards,

Steve Harris"

This was posted before on The CAPO AU facebook page.

Does this affect the nz capo? Aren't they a region of capo au or is it different?

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dunno these people or these federations or anything but wonder wtf someone would be thinking to be so blatant about tax evasion.. its not rocket science to get away with if they spent few hundred on an accountant.

 

blocklayer who does his own books would prob have sufficient accounting knowledge to not be so obvious lol

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im pretty sure anyone can email supp shops and ask to be sponsored, instantly sponsored and you get a 10% discount code

just shows how pathetic the whole thing is, imo a sponsored athlete is someone who gets the gear for their sport for free, in return for promoting the brand, or things like flights/costs paid by the brand, or straight cash for high level eg ufc fighters being sponsored by nike now for example.

 

10% discount code for showing ur tits and x brand of pre workout in the same photo on instagram and hashtagging the brand is not sponsorship

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im pretty sure anyone can email supp shops and ask to be sponsored, instantly sponsored and you get a 10% discount code

just shows how pathetic the whole thing is, imo a sponsored athlete is someone who gets the gear for their sport for free, in return for promoting the brand, or things like flights/costs paid by the brand, or straight cash for high level eg ufc fighters being sponsored by nike now for example.

 

10% discount code for showing ur tits and x brand of pre workout in the same photo on instagram and hashtagging the brand is not sponsorship

 

I think some of these 'athletes' just like whoring themselves out. 'sponsorship' just gives them an excuse to do it. tfw your self worth is based off likes hahahaha pathetic 

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im pretty sure anyone can email supp shops and ask to be sponsored, instantly sponsored and you get a 10% discount code

just shows how pathetic the whole thing is, imo a sponsored athlete is someone who gets the gear for their sport for free, in return for promoting the brand, or things like flights/costs paid by the brand, or straight cash for high level eg ufc fighters being sponsored by nike now for example.

10% discount code for showing ur tits and x brand of pre workout in the same photo on instagram and hashtagging the brand is not sponsorship

The funniest thing about the "free" supplements most athletes get is that they have to sell x amount of product in order to retain their sponsorships and the wholesale prices they get are still mark ups. Plus they have to promote product every 2nd post. Amusing as hell when someone someone says they're sponsored. If you're getting absolutely free stuff with no sales or promotion involved then you're winning :)

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seems like capoNZ is no more, looks like they will be UPAA now?

 

We have some important information for our lifters and supporters.

Capo New Zealand has been an independent powerlifting federation run by powerlifters for powerlifters that has enjoyed a mentorship and alliance with our powerlifting brothers and sisters in Australia.

Since our move to becoming an incorporated society we have maintained a financial independence and our own constitution.

Some of you may have been aware of some recent changes to Capo Australia and the formation of a new powerlifting federation... United Powerlifting Association Australia who hold the GPA and IPO affiliation. They also have the WRP affiliate with Kirill Sarychev

As Capo NZ had already secured both the GPA and IPO affiliation for New Zealand we feel it is in our best interests to align ourselves with UPAA while maintaining our own financial independence and constitution.

We also feel the direction that Capo Australia is now headed, with the new board, formation of Capo as a company and being run in a business model isn't in keeping with our philosophy.

This has not been a decision we have taken lightly and after many discussions the committee has decided this is in the best interests of our federation and ultimately our lifters.

All members have been emailed individually and if you have any queries please email us or message us here.

We would prefer that any comments posted here be of a constructive nature please.

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off topic a bit but just wondering, so say there is 2 feds, 1 tested and 1 untested (both equipped and raw? i dunno how it works). if someone brings in a 3rd fed what are they hoping to achieve? more feds would = less competitors per meet because they are spread over multiple feds

 

wouldnt it be in the best interest of the sport to have as few feds as needed to cover all lifters and not a single fed more? this would improve quality of competition

 

same with bb i reckon ?

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Just to follow on from what Red Dog has already posted...We are in the process of a name change and are no longer part of Capo Australia. They do not hold the GPA affiliation which is what the majority of lifters compete under in NZ. UPAA however do hold the exclusive affiliation for Australia and as we also hold the exclusive for NZ it is in our interests to have an alliance with them. We are now also under the umbrella of a Russian federation WRP run by Kirill Sarachev.

 

We still have a strong and supportive relationship with Wayne Howlett who is the rep for GPA/IPO and WRP. 

 

So what does this mean for our lifters....more international comps...we have a group of lifters that are now heading towards the elite level of lifting and we will be able to offer them trans tasman comps, pro raw events, GPA Worlds and the WRP meet. As well as local competitions for all lifters registered and novice. 

 

 

The financial situation in Australia has no relevance to us as we are a non profit organisation and financially independent. We are only concerned with the best interests of our lifters and moving our federation forward.

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That's good. I like the idea of raw w/o wraps, those numbers set in that class are fairly comparable to IPF numbers.

That class is popular in the nz fed? I think from what iv seen most of your raw competitors are raw plus? The strongest ones anyway.

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Oh ok I thought it was sleeves allowed. If you aren't then yeah that's right. A really tight pair of SBD is pretty much like a pair of soft wraps anyway.

You reckon?

I can wear SBDs throughout the duration of a 1 hour workout no way I could do that with a light wrap!

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