Confusion goes on as two companies claim ownership of Swindon Town

Lee Power says his company Swinton Red still owns Town

Lee Power says his company Swinton Red still owns Town

First published in Sport by

BOTH Swinton Reds 20 Ltd and Seebeck 87 Ltd yesterday claimed to own Swindon Town Football Club, as the boardroom confusion at the County Ground intensified.

After the Advertiser revealed on Friday morning that Seebeck 87 – the holding company used to acquire former Town majority shareholder Andrew Black’s stake in the club in January 2013 – were attempting to place three new directors on the Robins’ board, Swindon released a statement suggesting that the individuals in question had no power to make resolutions.

A court hearing on April 16 in London saw Swinton Reds appeal unsuccessfully for an injunction preventing Seebeck 87 from drafting in the trio, though in their statement Swinton Red said that the three were only to be handed ‘observer’ roles.

The case will be heard by the High Court on April 29, where ownership is likely to be decided.

The initial statement released by the club on behalf of Swinton Reds read: “Following a series of legal actions against the former Chairman, Mr McCrory has attempted to appoint directors to the Club.

“On April 16th, a decision to place an injunction against the appointment of these new directors to the Club has been adjourned at the High Courts of Justice. The Court Order however has permitted the appointment of three ‘observer’ directors to the Club with no power to pass any resolutions until the Court reconvenes on April 29th.

“The ‘directors’ have not passed the Owner's and Director’s Football League’s Fit and Proper test and are temporary with no decision making powers. The Club will abide by the intention of the Court until readjournment in the High Court on the 29th April.

“The Club stands by the statements made on Dec 3rd by both Mr Power, Chairman of the Club and Mr McCrory the previous Chairman.”

In reaction to that statement, Seebeck released their own briefing to the Advertiser, in which they rejected the term ‘observer directors’, suggested the current directors of Town have ‘obstructed the intention of the court’ and claimed they were the current owners of the football club.

The statement read: "On the 1st April 2014, Seebeck 87 Ltd, the owners of Swindon Town Football Club Ltd, gave notice to the Board of Directors of Swindon Town Football Ltd, through Seebeck 87’s solicitors, that that they wished to appoint three new Directors on to the Board of the Football club, and invited the two serving directors, namely Mr Lee Power and Sangita Shah to a board meeting to be held at the ground of the Football club at 2.00pm on Thursday 17th April 2014 to ratify those appointments.

"The two serving Directors served notice on 14th April 2014 to notify Seebeck 87 Ltd that they intended to seek an injunction preventing the proposed Directors appointments.

"The High Court refused injunctive relief on 16th April to enable the owners Seebeck 87 limited to appoint three directors who will now undertake a thorough investigation of the club and its business affairs before the hearing fixed for 29th April.

"The serving board members have so far obstructed the intention of the court.

"The three new directors were refused entry yesterday (17th April 2014) to the football club, until 4.30pm.

"At 5.00pm three persons who suggested they were “security”, arrived and asked the three new directors to leave the premises.

"We note that in the press statement released from the football club this morning they acknowledge the decision of the court and suggest the three directors have been appointed as “observer” directors, a term that we do not recognise, however the three have given an undertaking not to pass any resolutions until after the 29th April.

"The serving board members have so far obstructed the intention of the court and have not made available any financial information despite being formally requested to do so. If the new directors are not provided with access to the financial records immediately they will make an urgent application to the court."

Power was present at Sixfields yesterday as Swindon beat Coventry City 2-1 thanks to a last-minute winner from Michael Smith.

Seebeck intend to appoint Adam Fynn, the CEO of The Anderson Group, and his financial officer David Smith, as well as Debbie Priestnall – the wife of former Luton Town director Martin King, who played a consultancy role to Town in the early months of Jed McCrory’s tenure- to the Robins’ board.

Comments (83)

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6:06am Sat 19 Apr 14

The Jockster says...

Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc"
Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.
Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc" Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke. The Jockster
  • Score: 1

6:41am Sat 19 Apr 14

Ronnie Lonsdale says...

Swindon Town Football Club doesn't need either party in charge if this is how they do business. Please, someone come in with money, and a willingness to engage the supporters with the truth, with facts, and the best intentions of Swindon Town. Failing that, please stay away
Swindon Town Football Club doesn't need either party in charge if this is how they do business. Please, someone come in with money, and a willingness to engage the supporters with the truth, with facts, and the best intentions of Swindon Town. Failing that, please stay away Ronnie Lonsdale
  • Score: 27

6:47am Sat 19 Apr 14

Ronnie Lonsdale says...

As The Jockster says, Sam, dig deep, keep digging, we'll get more info via you than any of these people allegedly running our club. I know people out here who haven't missrd a game here for 30 years, and STILL they are treated like mushrooms - kept in the dark and fed bull****
As The Jockster says, Sam, dig deep, keep digging, we'll get more info via you than any of these people allegedly running our club. I know people out here who haven't missrd a game here for 30 years, and STILL they are treated like mushrooms - kept in the dark and fed bull**** Ronnie Lonsdale
  • Score: 10

7:01am Sat 19 Apr 14

port de soller says...

yes STFC needs fresh investment from decent people,Mallorca is going through the same problem relegated from La Liga,however local government do own thhe ground.
Funny how jed a Co turned up after season ticket sales???
Power has done OK but have a Bunch of people like Jeds crew????
still as Wizard said yesterday wait and see the Court will decide but do the Loyal STFC Fans who have dished out have a say????
yes STFC needs fresh investment from decent people,Mallorca is going through the same problem relegated from La Liga,however local government do own thhe ground. Funny how jed a Co turned up after season ticket sales??? Power has done OK but have a Bunch of people like Jeds crew???? still as Wizard said yesterday wait and see the Court will decide but do the Loyal STFC Fans who have dished out have a say???? port de soller
  • Score: 5

7:48am Sat 19 Apr 14

Bassett Hound says...

This is bad news,Martin King went bankrupt last year and I believe he is banned from being a company director,so is wife is doing it for him.
This is bad news,Martin King went bankrupt last year and I believe he is banned from being a company director,so is wife is doing it for him. Bassett Hound
  • Score: 20

8:18am Sat 19 Apr 14

IvanFrank says...

Lee Power has done a stunning job bringing in new players to the club. He is a genuine football man - unlike the Jed circus. Just hope lee has all his legal ducks in a row & the court backs his ownership. Otherwise I fear for the future!!!
Lee Power has done a stunning job bringing in new players to the club. He is a genuine football man - unlike the Jed circus. Just hope lee has all his legal ducks in a row & the court backs his ownership. Otherwise I fear for the future!!! IvanFrank
  • Score: 47

8:53am Sat 19 Apr 14

We are PANTS says...

Anyone focused on how well Swindon did yesterday?? I am the only one too comment on today's other story to date!! Why??
Anyone focused on how well Swindon did yesterday?? I am the only one too comment on today's other story to date!! Why?? We are PANTS
  • Score: -7

9:05am Sat 19 Apr 14

RamsburyRed says...

We are PANTS wrote:
Anyone focused on how well Swindon did yesterday?? I am the only one too comment on today's other story to date!! Why??
Because the ownership stuff is far more important than one result.
[quote][p][bold]We are PANTS[/bold] wrote: Anyone focused on how well Swindon did yesterday?? I am the only one too comment on today's other story to date!! Why??[/p][/quote]Because the ownership stuff is far more important than one result. RamsburyRed
  • Score: 7

9:06am Sat 19 Apr 14

the wizard says...

With the amount of "quiet days at County Ground" articles recently I was thinking perhaps The Adver have known about this for some time but working with the club the allay fears of the support base have kept it quiet. I think The Adver know more than what they are printing, again at the clubs request keeping things under wraps until the full story is told in court. Given how touchy Lee Power was a while back about Rangers shirt, (funny how now all that kind of thing has blown up with Cardiff etc) I think The Adver are toeing a line of respectability over sensational headline hunting. Would it not be quite easy for them to write a big article full of theories but containing little substance to grab attention and fuel fires of passion and emotion. At least this is factual to a point, but Jeds motives must be questioned and I'm sure he would be very willing to give an interview, but how much of what he says, if printed, would be believed. Interesting. A hayday for the legal guys and their bills. I feel for Power, but the lesson is , don't get into something with Shysters as they always come back for that second bite of the apple. Ar least we don't have to wait long for the answers, although in my opinion, Jed just wants more money out of Power, and behind the scenes, again my opinion, it will get dirty before its finished.
With the amount of "quiet days at County Ground" articles recently I was thinking perhaps The Adver have known about this for some time but working with the club the allay fears of the support base have kept it quiet. I think The Adver know more than what they are printing, again at the clubs request keeping things under wraps until the full story is told in court. Given how touchy Lee Power was a while back about Rangers shirt, (funny how now all that kind of thing has blown up with Cardiff etc) I think The Adver are toeing a line of respectability over sensational headline hunting. Would it not be quite easy for them to write a big article full of theories but containing little substance to grab attention and fuel fires of passion and emotion. At least this is factual to a point, but Jeds motives must be questioned and I'm sure he would be very willing to give an interview, but how much of what he says, if printed, would be believed. Interesting. A hayday for the legal guys and their bills. I feel for Power, but the lesson is , don't get into something with Shysters as they always come back for that second bite of the apple. Ar least we don't have to wait long for the answers, although in my opinion, Jed just wants more money out of Power, and behind the scenes, again my opinion, it will get dirty before its finished. the wizard
  • Score: 6

9:08am Sat 19 Apr 14

old town robin says...

The Jockster wrote:
Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc"
Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.
Agree Malc that the legal actions against McCrory may be the key to this battle in the high court. I don't think we will get to hear the reasons from Sam or the Adver any time soon, therefore we can only speculate as to the reasons. It might have something to do with Lee Power's belief he was misled as to the true legal and financial state of the Town's business, with writs and creditors unpaid and still the outstanding writ to resolve with the likes of Commazzi or it could be concerning the money that was taken out of the club from season ticket sales and paid to "consultants" of Seebeck 87 that invested diddly scheite in the club being seen as improper management of the clubs finances. I would guess it's more likely to be the first scenario.

That aside what could be the consequences to the outcome of ownership? If Swinton Red 20 are declared the legal owners, i guess it will be business as usual. But if the Judges decided Seebeck 87 are the owners, what then? History tells us they are not likely to invest any money in the club, Lee will hardly want to pass power to McCrory to use his money, which will then probably mean Lee will want to get his money back and as our only assets are the players, he will want to sell our best players, which could happen anyway, but at least with Lee at the helm it would be reinvested or used towards the running of the club.

The worst scenario would be if Lee left and with no money left in the club, the dreaded A word would re-appear and I can only speculate after the club has been asset stripped it would be sold in administration. I can see nothing good happening for the club if Seebeck win this case, of course I may be wrong but as like a few others I was cynical of them when they "bought" blacks shares and I'm even more so of them now having seen the goings on before Lee took over.
[quote][p][bold]The Jockster[/bold] wrote: Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc" Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.[/p][/quote]Agree Malc that the legal actions against McCrory may be the key to this battle in the high court. I don't think we will get to hear the reasons from Sam or the Adver any time soon, therefore we can only speculate as to the reasons. It might have something to do with Lee Power's belief he was misled as to the true legal and financial state of the Town's business, with writs and creditors unpaid and still the outstanding writ to resolve with the likes of Commazzi or it could be concerning the money that was taken out of the club from season ticket sales and paid to "consultants" of Seebeck 87 that invested diddly scheite in the club being seen as improper management of the clubs finances. I would guess it's more likely to be the first scenario. That aside what could be the consequences to the outcome of ownership? If Swinton Red 20 are declared the legal owners, i guess it will be business as usual. But if the Judges decided Seebeck 87 are the owners, what then? History tells us they are not likely to invest any money in the club, Lee will hardly want to pass power to McCrory to use his money, which will then probably mean Lee will want to get his money back and as our only assets are the players, he will want to sell our best players, which could happen anyway, but at least with Lee at the helm it would be reinvested or used towards the running of the club. The worst scenario would be if Lee left and with no money left in the club, the dreaded A word would re-appear and I can only speculate after the club has been asset stripped it would be sold in administration. I can see nothing good happening for the club if Seebeck win this case, of course I may be wrong but as like a few others I was cynical of them when they "bought" blacks shares and I'm even more so of them now having seen the goings on before Lee took over. old town robin
  • Score: 12

9:20am Sat 19 Apr 14

We are PANTS says...

We are PANTS wrote:
Anyone focused on how well Swindon did yesterday?? I am the only one too comment on today's other story to date!! Why??
Bo##cks!!! This stuff has been and will be going on for a while yet!! We now have a genuine chance of reaching the playoffs and our fans should be focused on that... Swindon Town will be here long after these muppets (not Power) have crawled back under there rock so why not focus on the good?? MY VIEW.. That's all.... COYR'sssssss
[quote][p][bold]We are PANTS[/bold] wrote: Anyone focused on how well Swindon did yesterday?? I am the only one too comment on today's other story to date!! Why??[/p][/quote]Bo##cks!!! This stuff has been and will be going on for a while yet!! We now have a genuine chance of reaching the playoffs and our fans should be focused on that... Swindon Town will be here long after these muppets (not Power) have crawled back under there rock so why not focus on the good?? MY VIEW.. That's all.... COYR'sssssss We are PANTS
  • Score: 1

9:29am Sat 19 Apr 14

the don69 says...

If Power has bought over 50% of the shares then he's in charge! if he can't afford to buy all the shares then any other big shareholders are entitled to a seat on the board,but the Power will still be in Lee's hands,as I said yesterday the problem is none of them got much dosh (in football terms) they bought the club on the cheap cause Black had enough and dumped us, football clubs are a rich man's toy now! and not for paupers!!!!!!!!!!!!!
!
If Power has bought over 50% of the shares then he's in charge! if he can't afford to buy all the shares then any other big shareholders are entitled to a seat on the board,but the Power will still be in Lee's hands,as I said yesterday the problem is none of them got much dosh (in football terms) they bought the club on the cheap cause Black had enough and dumped us, football clubs are a rich man's toy now! and not for paupers!!!!!!!!!!!!! ! the don69
  • Score: 4

9:33am Sat 19 Apr 14

the wizard says...

Power in, Jedco out
Power in, Jedco out the wizard
  • Score: 20

9:40am Sat 19 Apr 14

itslove says...

Don't like Lee Power having to much control , maybe this is a good thing
Don't like Lee Power having to much control , maybe this is a good thing itslove
  • Score: -38

10:08am Sat 19 Apr 14

Davidsyrett says...

To be honest, I cant make head or tail of this. Power announced some while ago that he was the owner of STFC. Is it possible he bought less than 100% of the shares? Maybe Seebeck 87have been able to buy up the rest. If so, then how can he could be in the position to ban Jed from entering the Ground? There's obviously no love lost between the 2 of them.

I think there's an awful lot of legal stuff that the Adver's not able to print. Lets hope Power win the high court battle otherwise I can see more problems in the future.
To be honest, I cant make head or tail of this. Power announced some while ago that he was the owner of STFC. Is it possible he bought less than 100% of the shares? Maybe Seebeck 87have been able to buy up the rest. If so, then how can he could be in the position to ban Jed from entering the Ground? There's obviously no love lost between the 2 of them. I think there's an awful lot of legal stuff that the Adver's not able to print. Lets hope Power win the high court battle otherwise I can see more problems in the future. Davidsyrett
  • Score: 5

10:15am Sat 19 Apr 14

bearwoodred says...

IvanFrank wrote:
Lee Power has done a stunning job bringing in new players to the club. He is a genuine football man - unlike the Jed circus. Just hope lee has all his legal ducks in a row & the court backs his ownership. Otherwise I fear for the future!!!
I agree Ivan - he may be a miserable get and have zero charisma but he is the certainly a chairman who is in it for the football. Jed who is probably more likealble as a person used to remind me of the laughing policeman
[quote][p][bold]IvanFrank[/bold] wrote: Lee Power has done a stunning job bringing in new players to the club. He is a genuine football man - unlike the Jed circus. Just hope lee has all his legal ducks in a row & the court backs his ownership. Otherwise I fear for the future!!![/p][/quote]I agree Ivan - he may be a miserable get and have zero charisma but he is the certainly a chairman who is in it for the football. Jed who is probably more likealble as a person used to remind me of the laughing policeman bearwoodred
  • Score: 7

10:36am Sat 19 Apr 14

Since 1950 says...

I never trusted any of them tbh. However, I was beginning to believe that Power was doing good his best for the club on limited resources.
I don't like for one second this mob trying to muscle their way back into the boardroom. Can't see this all ending well.
Only at Swindon!
I never trusted any of them tbh. However, I was beginning to believe that Power was doing good his best for the club on limited resources. I don't like for one second this mob trying to muscle their way back into the boardroom. Can't see this all ending well. Only at Swindon! Since 1950
  • Score: 11

11:23am Sat 19 Apr 14

old town robin says...

port de soller wrote:
yes STFC needs fresh investment from decent people,Mallorca is going through the same problem relegated from La Liga,however local government do own thhe ground.
Funny how jed a Co turned up after season ticket sales???
Power has done OK but have a Bunch of people like Jeds crew????
still as Wizard said yesterday wait and see the Court will decide but do the Loyal STFC Fans who have dished out have a say????
PdS, who are you referring to when you say "Power has a bunch of people like Jeds crew". As far as I'm aware apart from Shah who supposedly looks after accounting, the only other person he brought in (who is not on the board is a person whose name alludes me), that he worked with before and he needed to look after the day to day affairs at the CG in his absence of being out of the country.

As far as I'm aware neither of these business associates have ever done anything questionable, (although it would be good to see the accounts audit that was promised a while back). maybe you can enlighten us as to whom you are actually speaking of.
[quote][p][bold]port de soller[/bold] wrote: yes STFC needs fresh investment from decent people,Mallorca is going through the same problem relegated from La Liga,however local government do own thhe ground. Funny how jed a Co turned up after season ticket sales??? Power has done OK but have a Bunch of people like Jeds crew???? still as Wizard said yesterday wait and see the Court will decide but do the Loyal STFC Fans who have dished out have a say????[/p][/quote]PdS, who are you referring to when you say "Power has a bunch of people like Jeds crew". As far as I'm aware apart from Shah who supposedly looks after accounting, the only other person he brought in (who is not on the board is a person whose name alludes me), that he worked with before and he needed to look after the day to day affairs at the CG in his absence of being out of the country. As far as I'm aware neither of these business associates have ever done anything questionable, (although it would be good to see the accounts audit that was promised a while back). maybe you can enlighten us as to whom you are actually speaking of. old town robin
  • Score: 1

11:26am Sat 19 Apr 14

old town robin says...

Further to post to PdS I forgot to mention Steve Crouch, whose credentials are also not in question.
Further to post to PdS I forgot to mention Steve Crouch, whose credentials are also not in question. old town robin
  • Score: 1

11:27am Sat 19 Apr 14

Oi Den! says...

Since 1950 wrote:
I never trusted any of them tbh. However, I was beginning to believe that Power was doing good his best for the club on limited resources.
I don't like for one second this mob trying to muscle their way back into the boardroom. Can't see this all ending well.
Only at Swindon!
1950, I see it much the same way. The only thing I know for sure is I don't want McCrory and his cronies anywhere near our football club.
[quote][p][bold]Since 1950[/bold] wrote: I never trusted any of them tbh. However, I was beginning to believe that Power was doing good his best for the club on limited resources. I don't like for one second this mob trying to muscle their way back into the boardroom. Can't see this all ending well. Only at Swindon![/p][/quote]1950, I see it much the same way. The only thing I know for sure is I don't want McCrory and his cronies anywhere near our football club. Oi Den!
  • Score: 9

11:32am Sat 19 Apr 14

Since 1950 says...

Oi Den! wrote:
Since 1950 wrote:
I never trusted any of them tbh. However, I was beginning to believe that Power was doing good his best for the club on limited resources.
I don't like for one second this mob trying to muscle their way back into the boardroom. Can't see this all ending well.
Only at Swindon!
1950, I see it much the same way. The only thing I know for sure is I don't want McCrory and his cronies anywhere near our football club.
Hear!
[quote][p][bold]Oi Den![/bold] wrote: [quote][p][bold]Since 1950[/bold] wrote: I never trusted any of them tbh. However, I was beginning to believe that Power was doing good his best for the club on limited resources. I don't like for one second this mob trying to muscle their way back into the boardroom. Can't see this all ending well. Only at Swindon![/p][/quote]1950, I see it much the same way. The only thing I know for sure is I don't want McCrory and his cronies anywhere near our football club.[/p][/quote]Hear! Since 1950
  • Score: 9

11:40am Sat 19 Apr 14

Oi Den! says...

bearwoodred wrote:
IvanFrank wrote:
Lee Power has done a stunning job bringing in new players to the club. He is a genuine football man - unlike the Jed circus. Just hope lee has all his legal ducks in a row & the court backs his ownership. Otherwise I fear for the future!!!
I agree Ivan - he may be a miserable get and have zero charisma but he is the certainly a chairman who is in it for the football. Jed who is probably more likealble as a person used to remind me of the laughing policeman
Is that the "Laughing (all the way to the bank) Policeman" ?
[quote][p][bold]bearwoodred[/bold] wrote: [quote][p][bold]IvanFrank[/bold] wrote: Lee Power has done a stunning job bringing in new players to the club. He is a genuine football man - unlike the Jed circus. Just hope lee has all his legal ducks in a row & the court backs his ownership. Otherwise I fear for the future!!![/p][/quote]I agree Ivan - he may be a miserable get and have zero charisma but he is the certainly a chairman who is in it for the football. Jed who is probably more likealble as a person used to remind me of the laughing policeman[/p][/quote]Is that the "Laughing (all the way to the bank) Policeman" ? Oi Den!
  • Score: 3

11:52am Sat 19 Apr 14

Captain T says...

This is bloody ridiculous. In simple terms, the club will have a total number of shares available, let's call that figure for sake of argument 100,000 ordinary shares. Now, either someone owns more than 51% of those shares or they don't. So who does? This is becoming a joke and it's not even funny anymore.
This is bloody ridiculous. In simple terms, the club will have a total number of shares available, let's call that figure for sake of argument 100,000 ordinary shares. Now, either someone owns more than 51% of those shares or they don't. So who does? This is becoming a joke and it's not even funny anymore. Captain T
  • Score: 4

11:59am Sat 19 Apr 14

Oi Den! says...

Captain T wrote:
This is bloody ridiculous. In simple terms, the club will have a total number of shares available, let's call that figure for sake of argument 100,000 ordinary shares. Now, either someone owns more than 51% of those shares or they don't. So who does? This is becoming a joke and it's not even funny anymore.
Possibly an argument over whether some investment is loan or equity, as we had a few years ago?
[quote][p][bold]Captain T[/bold] wrote: This is bloody ridiculous. In simple terms, the club will have a total number of shares available, let's call that figure for sake of argument 100,000 ordinary shares. Now, either someone owns more than 51% of those shares or they don't. So who does? This is becoming a joke and it's not even funny anymore.[/p][/quote]Possibly an argument over whether some investment is loan or equity, as we had a few years ago? Oi Den!
  • Score: 1

12:04pm Sat 19 Apr 14

the don69 says...

Captain T wrote:
This is bloody ridiculous. In simple terms, the club will have a total number of shares available, let's call that figure for sake of argument 100,000 ordinary shares. Now, either someone owns more than 51% of those shares or they don't. So who does? This is becoming a joke and it's not even funny anymore.
That's only half the story Captain! say Lee has an option to buy all the shares by a certain date,and didn't then the lawyers get involved and the two parties can't agree off they go to court(the lawyers rub their hands and shout yippee how much can we take them for?lol) it's a funny ol game football and not very funny if your a Town fan!!!!
[quote][p][bold]Captain T[/bold] wrote: This is bloody ridiculous. In simple terms, the club will have a total number of shares available, let's call that figure for sake of argument 100,000 ordinary shares. Now, either someone owns more than 51% of those shares or they don't. So who does? This is becoming a joke and it's not even funny anymore.[/p][/quote]That's only half the story Captain! say Lee has an option to buy all the shares by a certain date,and didn't then the lawyers get involved and the two parties can't agree off they go to court(the lawyers rub their hands and shout yippee how much can we take them for?lol) it's a funny ol game football and not very funny if your a Town fan!!!! the don69
  • Score: 5

12:14pm Sat 19 Apr 14

6degreessouth says...

I for one do not want that tw@t Jed anywhere near our club.

Fantastic result yesterday, congratulations to all involved. COYR
I for one do not want that tw@t Jed anywhere near our club. Fantastic result yesterday, congratulations to all involved. COYR 6degreessouth
  • Score: 10

12:25pm Sat 19 Apr 14

bradley red 1 says...

The 7,500 loyal supporters are stuck in the middle of this farce,paying there season ticket/monthly instalment,match day sales into the club,now we have mccrory sending individuals to the club nightclub manager and martin kings wife (yes king the ex luton director who alleged 3.7 million went missing when he was at the club a few years back)expecting to be directors and him thinking he is still the owner?,you just could not make this sxit up!,this is serious and beyond a joke,this last 18 months or so since black wanted out has been a farce from the moment mcrory got involved,from the start you could see something like this was going to happen,a complete mess has been created and the innocent paying supporters of the club face a real threat of the club going into administration,i hope the supporters make there voice heard at the game monday to make it clear how they feel about this situation.
The 7,500 loyal supporters are stuck in the middle of this farce,paying there season ticket/monthly instalment,match day sales into the club,now we have mccrory sending individuals to the club nightclub manager and martin kings wife (yes king the ex luton director who alleged 3.7 million went missing when he was at the club a few years back)expecting to be directors and him thinking he is still the owner?,you just could not make this sxit up!,this is serious and beyond a joke,this last 18 months or so since black wanted out has been a farce from the moment mcrory got involved,from the start you could see something like this was going to happen,a complete mess has been created and the innocent paying supporters of the club face a real threat of the club going into administration,i hope the supporters make there voice heard at the game monday to make it clear how they feel about this situation. bradley red 1
  • Score: 6

12:28pm Sat 19 Apr 14

The Jockster says...

old town robin wrote:
The Jockster wrote:
Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc"
Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.
Agree Malc that the legal actions against McCrory may be the key to this battle in the high court. I don't think we will get to hear the reasons from Sam or the Adver any time soon, therefore we can only speculate as to the reasons. It might have something to do with Lee Power's belief he was misled as to the true legal and financial state of the Town's business, with writs and creditors unpaid and still the outstanding writ to resolve with the likes of Commazzi or it could be concerning the money that was taken out of the club from season ticket sales and paid to "consultants" of Seebeck 87 that invested diddly scheite in the club being seen as improper management of the clubs finances. I would guess it's more likely to be the first scenario.

That aside what could be the consequences to the outcome of ownership? If Swinton Red 20 are declared the legal owners, i guess it will be business as usual. But if the Judges decided Seebeck 87 are the owners, what then? History tells us they are not likely to invest any money in the club, Lee will hardly want to pass power to McCrory to use his money, which will then probably mean Lee will want to get his money back and as our only assets are the players, he will want to sell our best players, which could happen anyway, but at least with Lee at the helm it would be reinvested or used towards the running of the club.

The worst scenario would be if Lee left and with no money left in the club, the dreaded A word would re-appear and I can only speculate after the club has been asset stripped it would be sold in administration. I can see nothing good happening for the club if Seebeck win this case, of course I may be wrong but as like a few others I was cynical of them when they "bought" blacks shares and I'm even more so of them now having seen the goings on before Lee took over.
I'd pretty much agree with your first thoughts - Power might be no angel but he's probably a lot more saintly than the Banbury Bullsh!tter!
[quote][p][bold]old town robin[/bold] wrote: [quote][p][bold]The Jockster[/bold] wrote: Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc" Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.[/p][/quote]Agree Malc that the legal actions against McCrory may be the key to this battle in the high court. I don't think we will get to hear the reasons from Sam or the Adver any time soon, therefore we can only speculate as to the reasons. It might have something to do with Lee Power's belief he was misled as to the true legal and financial state of the Town's business, with writs and creditors unpaid and still the outstanding writ to resolve with the likes of Commazzi or it could be concerning the money that was taken out of the club from season ticket sales and paid to "consultants" of Seebeck 87 that invested diddly scheite in the club being seen as improper management of the clubs finances. I would guess it's more likely to be the first scenario. That aside what could be the consequences to the outcome of ownership? If Swinton Red 20 are declared the legal owners, i guess it will be business as usual. But if the Judges decided Seebeck 87 are the owners, what then? History tells us they are not likely to invest any money in the club, Lee will hardly want to pass power to McCrory to use his money, which will then probably mean Lee will want to get his money back and as our only assets are the players, he will want to sell our best players, which could happen anyway, but at least with Lee at the helm it would be reinvested or used towards the running of the club. The worst scenario would be if Lee left and with no money left in the club, the dreaded A word would re-appear and I can only speculate after the club has been asset stripped it would be sold in administration. I can see nothing good happening for the club if Seebeck win this case, of course I may be wrong but as like a few others I was cynical of them when they "bought" blacks shares and I'm even more so of them now having seen the goings on before Lee took over.[/p][/quote]I'd pretty much agree with your first thoughts - Power might be no angel but he's probably a lot more saintly than the Banbury Bullsh!tter! The Jockster
  • Score: 5

12:45pm Sat 19 Apr 14

The Black Hand says...

Jed why don't you just buy Poxford it will save you a lot of money on petrol which you don't have
Jed why don't you just buy Poxford it will save you a lot of money on petrol which you don't have The Black Hand
  • Score: 6

1:19pm Sat 19 Apr 14

LeGod says...

The three that have been mentioned if you check their companies out are not doing that great and I can see this as a way of lining their own pockets and running this club into the ground.
Power has done a good job and has all the contacts in football unlike Jed who will bring the likes of Banbury utd players in.
I hope the court decides in powers favour.
These are times to fear again for us fans with another saga.
Fans need to show their support for power..
The three that have been mentioned if you check their companies out are not doing that great and I can see this as a way of lining their own pockets and running this club into the ground. Power has done a good job and has all the contacts in football unlike Jed who will bring the likes of Banbury utd players in. I hope the court decides in powers favour. These are times to fear again for us fans with another saga. Fans need to show their support for power.. LeGod
  • Score: 8

1:44pm Sat 19 Apr 14

the wizard says...

I think the Adver should do a poll with just two choices as to whether supporters want Jed or Power in the chair at County Ground, to get an indication of how the supporter base feel about things.

OR,

to save them the bother we could do it here today.

Question, who would you prefer to be the owner of Swindon Town Football Club. Simple one word answers, Lee, or Jed
I think the Adver should do a poll with just two choices as to whether supporters want Jed or Power in the chair at County Ground, to get an indication of how the supporter base feel about things. OR, to save them the bother we could do it here today. Question, who would you prefer to be the owner of Swindon Town Football Club. Simple one word answers, Lee, or Jed the wizard
  • Score: 0

2:51pm Sat 19 Apr 14

STFConyourpitch says...

the wizard wrote:
I think the Adver should do a poll with just two choices as to whether supporters want Jed or Power in the chair at County Ground, to get an indication of how the supporter base feel about things.

OR,

to save them the bother we could do it here today.

Question, who would you prefer to be the owner of Swindon Town Football Club. Simple one word answers, Lee, or Jed
Or someone can go to Jeds house and give him a slap round the face and knock some bloody sense in the man. He should just stay at Luton because he ain't welcome here ( in my world)
[quote][p][bold]the wizard[/bold] wrote: I think the Adver should do a poll with just two choices as to whether supporters want Jed or Power in the chair at County Ground, to get an indication of how the supporter base feel about things. OR, to save them the bother we could do it here today. Question, who would you prefer to be the owner of Swindon Town Football Club. Simple one word answers, Lee, or Jed[/p][/quote]Or someone can go to Jeds house and give him a slap round the face and knock some bloody sense in the man. He should just stay at Luton because he ain't welcome here ( in my world) STFConyourpitch
  • Score: 3

2:51pm Sat 19 Apr 14

the wizard says...

Lee
Lee the wizard
  • Score: 5

3:11pm Sat 19 Apr 14

smirg kcab says...

We won yesterday who gives two fuucks who owns us?
Fredi said we would go into admin, I believe him more than any member of stfc staff
We won yesterday who gives two fuucks who owns us? Fredi said we would go into admin, I believe him more than any member of stfc staff smirg kcab
  • Score: -14

3:22pm Sat 19 Apr 14

lifelong red says...

the wizard wrote:
I think the Adver should do a poll with just two choices as to whether supporters want Jed or Power in the chair at County Ground, to get an indication of how the supporter base feel about things.

OR,

to save them the bother we could do it here today.

Question, who would you prefer to be the owner of Swindon Town Football Club. Simple one word answers, Lee, or Jed
Good point, I was thinking along the same lines myself. Shame though that the topic of discussion has to be about more wrangles behind the scenes, when we should be focusing on the football instead . Well done to Mark and the lads on yesterdays win . Finally, if there was a vote, then it would be Lee Power for me.
[quote][p][bold]the wizard[/bold] wrote: I think the Adver should do a poll with just two choices as to whether supporters want Jed or Power in the chair at County Ground, to get an indication of how the supporter base feel about things. OR, to save them the bother we could do it here today. Question, who would you prefer to be the owner of Swindon Town Football Club. Simple one word answers, Lee, or Jed[/p][/quote]Good point, I was thinking along the same lines myself. Shame though that the topic of discussion has to be about more wrangles behind the scenes, when we should be focusing on the football instead . Well done to Mark and the lads on yesterdays win . Finally, if there was a vote, then it would be Lee Power for me. lifelong red
  • Score: 2

3:38pm Sat 19 Apr 14

LeGod says...

People need to realise if we HO into admin it means we HO into the conference.
People need to realise if we HO into admin it means we HO into the conference. LeGod
  • Score: 3

3:49pm Sat 19 Apr 14

Brainy_G93 says...

Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?
Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer? Brainy_G93
  • Score: 5

4:06pm Sat 19 Apr 14

smirg kcab says...

Brainy_G93 wrote:
Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?
A 1986 marina
Luveellly jubileeeeee
[quote][p][bold]Brainy_G93[/bold] wrote: Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?[/p][/quote]A 1986 marina Luveellly jubileeeeee smirg kcab
  • Score: -4

4:11pm Sat 19 Apr 14

the wizard says...

Brainy_G93 wrote:
Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?
Nothing other than dire desperation, despair, despondency, decay, demotion and demise of what was once a proud club.
[quote][p][bold]Brainy_G93[/bold] wrote: Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?[/p][/quote]Nothing other than dire desperation, despair, despondency, decay, demotion and demise of what was once a proud club. the wizard
  • Score: 4

4:39pm Sat 19 Apr 14

STFCSTFC says...

They are all a bunch of crooks still don't get Power's motives and Jed is a wanna be . I have no loyalty to either. Power is spending a little but there is no proof it's his money -could just ad us to his trial of failure. Maybe he is ok and genuine but how can people be so trusting after only a few months.
They are all a bunch of crooks still don't get Power's motives and Jed is a wanna be . I have no loyalty to either. Power is spending a little but there is no proof it's his money -could just ad us to his trial of failure. Maybe he is ok and genuine but how can people be so trusting after only a few months. STFCSTFC
  • Score: 2

5:14pm Sat 19 Apr 14

the wizard says...

Grim they stopped making Itals in '84, so it must be a fake, like his Rolex, lol
Grim they stopped making Itals in '84, so it must be a fake, like his Rolex, lol the wizard
  • Score: 0

5:28pm Sat 19 Apr 14

The Jockster says...

the wizard wrote:
Brainy_G93 wrote:
Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?
Nothing other than dire desperation, despair, despondency, decay, demotion and demise of what was once a proud club.
Wiz you seem to be suffering from Louis Cassius syndrome or is it Private Fraser from Dads Army ala "we're all doomed laddie - doomed I tell you!" -:)
[quote][p][bold]the wizard[/bold] wrote: [quote][p][bold]Brainy_G93[/bold] wrote: Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?[/p][/quote]Nothing other than dire desperation, despair, despondency, decay, demotion and demise of what was once a proud club.[/p][/quote]Wiz you seem to be suffering from Louis Cassius syndrome or is it Private Fraser from Dads Army ala "we're all doomed laddie - doomed I tell you!" -:) The Jockster
  • Score: 0

5:31pm Sat 19 Apr 14

the don69 says...

Look on the bright side chaps! how are the poor ol Rovers fans feeling? the Conference beckons, least they'll have a local derby with Forest Green Rovers to look forward to lol!!!!!!!!!
Look on the bright side chaps! how are the poor ol Rovers fans feeling? the Conference beckons, least they'll have a local derby with Forest Green Rovers to look forward to lol!!!!!!!!! the don69
  • Score: 0

6:21pm Sat 19 Apr 14

House with no name says...

Yet another kick in the teeth for what has been a great little football club - Swindon doesn't need this but the writing was on the wall for all who wanted to read it - and most of you didn't.
Yet another kick in the teeth for what has been a great little football club - Swindon doesn't need this but the writing was on the wall for all who wanted to read it - and most of you didn't. House with no name
  • Score: -1

6:22pm Sat 19 Apr 14

House with no name says...

.......... by the way all the legal fees in the past ten years would probably have bought a Championship team.
.......... by the way all the legal fees in the past ten years would probably have bought a Championship team. House with no name
  • Score: 1

7:15pm Sat 19 Apr 14

the wizard says...

The Jockster wrote:
the wizard wrote:
Brainy_G93 wrote:
Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?
Nothing other than dire desperation, despair, despondency, decay, demotion and demise of what was once a proud club.
Wiz you seem to be suffering from Louis Cassius syndrome or is it Private Fraser from Dads Army ala "we're all doomed laddie - doomed I tell you!" -:)
LOL. for a short time in a busy day I got bored, so, there you go. Mind you I still think we should do a poll on here, even with out the Adver setting it up, so easy to do. just vote. Go on you know you wan to. LOL
[quote][p][bold]The Jockster[/bold] wrote: [quote][p][bold]the wizard[/bold] wrote: [quote][p][bold]Brainy_G93[/bold] wrote: Come on let's get behind Power. He's put a lot of money into this club and brought some very good players. Also he's got some useful contacts in the game. What has McCrory to offer?[/p][/quote]Nothing other than dire desperation, despair, despondency, decay, demotion and demise of what was once a proud club.[/p][/quote]Wiz you seem to be suffering from Louis Cassius syndrome or is it Private Fraser from Dads Army ala "we're all doomed laddie - doomed I tell you!" -:)[/p][/quote]LOL. for a short time in a busy day I got bored, so, there you go. Mind you I still think we should do a poll on here, even with out the Adver setting it up, so easy to do. just vote. Go on you know you wan to. LOL the wizard
  • Score: 0

9:10pm Sat 19 Apr 14

Jets there'd says...

One positive thought out of all of this is 2 parties are fighting to claim ownership of our football club. Surely, a club at this level is a financial black hole? Maybe there is oil underneath the centre circle???!!!!! On a (hopefully) more positive note, we are all Town fans or we wouldn't be looking at this forum and, on face value it hasn't been a bad season. Of course we would love to be 10 points clear at the top but, the Club has slashed it's budget by a huge amount; we're still in business & we've got a Club to support. Look at the likes of Chester City, Luton Town, Wimbledon etc & no Club is infallible.
One positive thought out of all of this is 2 parties are fighting to claim ownership of our football club. Surely, a club at this level is a financial black hole? Maybe there is oil underneath the centre circle???!!!!! On a (hopefully) more positive note, we are all Town fans or we wouldn't be looking at this forum and, on face value it hasn't been a bad season. Of course we would love to be 10 points clear at the top but, the Club has slashed it's budget by a huge amount; we're still in business & we've got a Club to support. Look at the likes of Chester City, Luton Town, Wimbledon etc & no Club is infallible. Jets there'd
  • Score: 0

10:03pm Sat 19 Apr 14

Oi Den! says...

STFCSTFC wrote:
They are all a bunch of crooks still don't get Power's motives and Jed is a wanna be . I have no loyalty to either. Power is spending a little but there is no proof it's his money -could just ad us to his trial of failure. Maybe he is ok and genuine but how can people be so trusting after only a few months.
Understandable point of view. The difference I've seen so far between McCrory and Power is that one of them tried to pull the wool over our eyes on several matters and the other painted the picture as it really is. On that basis, I'm glad we have Power and not the other fella.
[quote][p][bold]STFCSTFC[/bold] wrote: They are all a bunch of crooks still don't get Power's motives and Jed is a wanna be . I have no loyalty to either. Power is spending a little but there is no proof it's his money -could just ad us to his trial of failure. Maybe he is ok and genuine but how can people be so trusting after only a few months.[/p][/quote]Understandable point of view. The difference I've seen so far between McCrory and Power is that one of them tried to pull the wool over our eyes on several matters and the other painted the picture as it really is. On that basis, I'm glad we have Power and not the other fella. Oi Den!
  • Score: 4

10:16pm Sat 19 Apr 14

the wizard says...

Jets there'd wrote:
One positive thought out of all of this is 2 parties are fighting to claim ownership of our football club. Surely, a club at this level is a financial black hole? Maybe there is oil underneath the centre circle???!!!!! On a (hopefully) more positive note, we are all Town fans or we wouldn't be looking at this forum and, on face value it hasn't been a bad season. Of course we would love to be 10 points clear at the top but, the Club has slashed it's budget by a huge amount; we're still in business & we've got a Club to support. Look at the likes of Chester City, Luton Town, Wimbledon etc & no Club is infallible.
Correct, no team is infallible, not even Chelski, they lost to Sunderland today at Stamford Bridge, LOL.
[quote][p][bold]Jets there'd[/bold] wrote: One positive thought out of all of this is 2 parties are fighting to claim ownership of our football club. Surely, a club at this level is a financial black hole? Maybe there is oil underneath the centre circle???!!!!! On a (hopefully) more positive note, we are all Town fans or we wouldn't be looking at this forum and, on face value it hasn't been a bad season. Of course we would love to be 10 points clear at the top but, the Club has slashed it's budget by a huge amount; we're still in business & we've got a Club to support. Look at the likes of Chester City, Luton Town, Wimbledon etc & no Club is infallible.[/p][/quote]Correct, no team is infallible, not even Chelski, they lost to Sunderland today at Stamford Bridge, LOL. the wizard
  • Score: 1

10:26pm Sat 19 Apr 14

LeGod says...

F*** Off Jed and your bunch of fellow momey grabbing vultures who are out to milk this club and run it into the ground. You lied to us over many issues during your time at this club and we dont want you and your bunch of dodgy cronies running this club.
Smith who's husband is bankrupt and is no doubt using this as an opportunity to make some quick cash.
I hope the high court make the right decision and tell them to get on their merry way.
Jed is a wanna be chairman who hasnt a farthing to rub together and sees us as a cash cow and will then move onto the next club once he ruins us.
Cheltenham turned him down as they didnt like what they knew about him so i hope the football league and high court make the same decision.
Why oh why are we put through this every year.
F*** Off Jed and your bunch of fellow momey grabbing vultures who are out to milk this club and run it into the ground. You lied to us over many issues during your time at this club and we dont want you and your bunch of dodgy cronies running this club. Smith who's husband is bankrupt and is no doubt using this as an opportunity to make some quick cash. I hope the high court make the right decision and tell them to get on their merry way. Jed is a wanna be chairman who hasnt a farthing to rub together and sees us as a cash cow and will then move onto the next club once he ruins us. Cheltenham turned him down as they didnt like what they knew about him so i hope the football league and high court make the same decision. Why oh why are we put through this every year. LeGod
  • Score: 13

11:08pm Sat 19 Apr 14

Wilesy says...

What a mess. Neither Jed nor Power doing themselves any favours imo. Wiz if you changed your poll to 'would anyone be prepared to do business with either Power or McCrory" I would be amazed if anyone said yes after this latest episode.

Security, night club owners, Martin King, the Ranger shirt fiasco.....dear oh dear and now here we go again can't they all just stay clear and someone else take over?
What a mess. Neither Jed nor Power doing themselves any favours imo. Wiz if you changed your poll to 'would anyone be prepared to do business with either Power or McCrory" I would be amazed if anyone said yes after this latest episode. Security, night club owners, Martin King, the Ranger shirt fiasco.....dear oh dear and now here we go again can't they all just stay clear and someone else take over? Wilesy
  • Score: 0

11:17pm Sat 19 Apr 14

the wizard says...

Wilesy wrote:
What a mess. Neither Jed nor Power doing themselves any favours imo. Wiz if you changed your poll to 'would anyone be prepared to do business with either Power or McCrory" I would be amazed if anyone said yes after this latest episode.

Security, night club owners, Martin King, the Ranger shirt fiasco.....dear oh dear and now here we go again can't they all just stay clear and someone else take over?
Wouldn't we all love Fitton to come back.
[quote][p][bold]Wilesy[/bold] wrote: What a mess. Neither Jed nor Power doing themselves any favours imo. Wiz if you changed your poll to 'would anyone be prepared to do business with either Power or McCrory" I would be amazed if anyone said yes after this latest episode. Security, night club owners, Martin King, the Ranger shirt fiasco.....dear oh dear and now here we go again can't they all just stay clear and someone else take over?[/p][/quote]Wouldn't we all love Fitton to come back. the wizard
  • Score: 4

11:36pm Sat 19 Apr 14

red white says...

Who's got the power?
Who's got the power? red white
  • Score: -1

11:37pm Sat 19 Apr 14

Oi Den! says...

Hmmm... Fitton went from hero to zero in the eyes of many fans. Wray did the same. Both made mistakes but they made them in good faith in their attempts to give our club a chance of progress. Importantly, they both cared about the club. I'd welcome either or both back.
Hmmm... Fitton went from hero to zero in the eyes of many fans. Wray did the same. Both made mistakes but they made them in good faith in their attempts to give our club a chance of progress. Importantly, they both cared about the club. I'd welcome either or both back. Oi Den!
  • Score: 12

8:16am Sun 20 Apr 14

Swindon calne says...

old town robin wrote:
The Jockster wrote:
Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc"
Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.
Agree Malc that the legal actions against McCrory may be the key to this battle in the high court. I don't think we will get to hear the reasons from Sam or the Adver any time soon, therefore we can only speculate as to the reasons. It might have something to do with Lee Power's belief he was misled as to the true legal and financial state of the Town's business, with writs and creditors unpaid and still the outstanding writ to resolve with the likes of Commazzi or it could be concerning the money that was taken out of the club from season ticket sales and paid to "consultants" of Seebeck 87 that invested diddly scheite in the club being seen as improper management of the clubs finances. I would guess it's more likely to be the first scenario.

That aside what could be the consequences to the outcome of ownership? If Swinton Red 20 are declared the legal owners, i guess it will be business as usual. But if the Judges decided Seebeck 87 are the owners, what then? History tells us they are not likely to invest any money in the club, Lee will hardly want to pass power to McCrory to use his money, which will then probably mean Lee will want to get his money back and as our only assets are the players, he will want to sell our best players, which could happen anyway, but at least with Lee at the helm it would be reinvested or used towards the running of the club.

The worst scenario would be if Lee left and with no money left in the club, the dreaded A word would re-appear and I can only speculate after the club has been asset stripped it would be sold in administration. I can see nothing good happening for the club if Seebeck win this case, of course I may be wrong but as like a few others I was cynical of them when they "bought" blacks shares and I'm even more so of them now having seen the goings on before Lee took over.
Well Said , i think you have come pretty close to working out what is happening & what could happen at our club . I personally think that Lee Power has been very honest during his time with Swindon and fear that we could be heading into a very dark time if Jed gets his hands on the clubs assets . Why with 3 games left to go do Seebeck 87 show their interest in the club, a wild guess would be that they would like to get their hands on season ticket money 800,000 ? Nile Ranger 500,000 Wes 800,000 luongo 300,000
Byrne 200,000 Lthompson 250,000 NThompson 400,000 , i know these are very rough estimated valuations, and we would all value these players at a lot more ! but add in Kasim & a few others and Jed & co must be rubbing their hands together , maybe using funds to carry out planned purchase of Hereford United ? without Lee's contacts we would lose Pritchard , Hall etc .We could end up with a starting line up unrecognisable from our current line up , so all these ' learning ' games and players gaining 'experience' would have no benefit to Swindon at all. I know this is all speculation and glass half full , doom & gloom etc , but we've all been here before , really hope that Lee wins the 'Power ' struggle !!
[quote][p][bold]old town robin[/bold] wrote: [quote][p][bold]The Jockster[/bold] wrote: Sam with all due respect this is basically a rehash of yesterday's story and the only additional interesting snippet is the statement "following a series of legal actions against the former chairman etc etc" Sam - you need to dig around and find out the reasons why Power went legal against Jed who may have initially fooled some fans due to the distinct smell of bullsh!t that emanated whenever he spoke.[/p][/quote]Agree Malc that the legal actions against McCrory may be the key to this battle in the high court. I don't think we will get to hear the reasons from Sam or the Adver any time soon, therefore we can only speculate as to the reasons. It might have something to do with Lee Power's belief he was misled as to the true legal and financial state of the Town's business, with writs and creditors unpaid and still the outstanding writ to resolve with the likes of Commazzi or it could be concerning the money that was taken out of the club from season ticket sales and paid to "consultants" of Seebeck 87 that invested diddly scheite in the club being seen as improper management of the clubs finances. I would guess it's more likely to be the first scenario. That aside what could be the consequences to the outcome of ownership? If Swinton Red 20 are declared the legal owners, i guess it will be business as usual. But if the Judges decided Seebeck 87 are the owners, what then? History tells us they are not likely to invest any money in the club, Lee will hardly want to pass power to McCrory to use his money, which will then probably mean Lee will want to get his money back and as our only assets are the players, he will want to sell our best players, which could happen anyway, but at least with Lee at the helm it would be reinvested or used towards the running of the club. The worst scenario would be if Lee left and with no money left in the club, the dreaded A word would re-appear and I can only speculate after the club has been asset stripped it would be sold in administration. I can see nothing good happening for the club if Seebeck win this case, of course I may be wrong but as like a few others I was cynical of them when they "bought" blacks shares and I'm even more so of them now having seen the goings on before Lee took over.[/p][/quote]Well Said , i think you have come pretty close to working out what is happening & what could happen at our club . I personally think that Lee Power has been very honest during his time with Swindon and fear that we could be heading into a very dark time if Jed gets his hands on the clubs assets . Why with 3 games left to go do Seebeck 87 show their interest in the club, a wild guess would be that they would like to get their hands on season ticket money 800,000 ? Nile Ranger 500,000 Wes 800,000 luongo 300,000 Byrne 200,000 Lthompson 250,000 NThompson 400,000 , i know these are very rough estimated valuations, and we would all value these players at a lot more ! but add in Kasim & a few others and Jed & co must be rubbing their hands together , maybe using funds to carry out planned purchase of Hereford United ? without Lee's contacts we would lose Pritchard , Hall etc .We could end up with a starting line up unrecognisable from our current line up , so all these ' learning ' games and players gaining 'experience' would have no benefit to Swindon at all. I know this is all speculation and glass half full , doom & gloom etc , but we've all been here before , really hope that Lee wins the 'Power ' struggle !! Swindon calne
  • Score: 7

8:31am Sun 20 Apr 14

mancrobin says...

As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it.

Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship?

And what are the Trust doing? Has anyone seen a statement or know if they are involved?

And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected.

I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.
As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it. Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship? And what are the Trust doing? Has anyone seen a statement or know if they are involved? And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected. I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam. mancrobin
  • Score: 2

10:21am Sun 20 Apr 14

the wizard says...

mancrobin wrote:
As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it.

Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship?

And what are the Trust doing? Has anyone seen a statement or know if they are involved?

And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected.

I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.
Manc, glad you asked about The Trust, as we just don't hear anything from them do we. Like whats happened to all the money paid in during the "PDC appeal". I have yet to see a statement from the Trust about endorsing Powers involvement with the club and the direction he has been trying to take it. I'm not saying anything is wrong with the Trust, just saying it would be good to hear their views on matters from time to time as they have the club at heart.

I don't think anyone can print much more than they have without getting into trouble as it hasn't come out in court yet, but we don't have to wait very long before the hearings, so maybe its best to sit tight and wait. I'd just like the issue resolved, but by the sounds of things the court may well adjourn so the paperwork can be ratified etc and claims investigated if its all complex. I don't think Jedco are welcome back anytime soon, and if jed does get his way then will Black call in his debt ??
[quote][p][bold]mancrobin[/bold] wrote: As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it. Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship? And what are the Trust doing? Has anyone seen a statement or know if they are involved? And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected. I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.[/p][/quote]Manc, glad you asked about The Trust, as we just don't hear anything from them do we. Like whats happened to all the money paid in during the "PDC appeal". I have yet to see a statement from the Trust about endorsing Powers involvement with the club and the direction he has been trying to take it. I'm not saying anything is wrong with the Trust, just saying it would be good to hear their views on matters from time to time as they have the club at heart. I don't think anyone can print much more than they have without getting into trouble as it hasn't come out in court yet, but we don't have to wait very long before the hearings, so maybe its best to sit tight and wait. I'd just like the issue resolved, but by the sounds of things the court may well adjourn so the paperwork can be ratified etc and claims investigated if its all complex. I don't think Jedco are welcome back anytime soon, and if jed does get his way then will Black call in his debt ?? the wizard
  • Score: 1

10:31am Sun 20 Apr 14

the wizard says...

Quite a different article all together here about our friend Martin Ling and his problems, like V. Pericard, very enlightening, I sincerely wish him well,

http://www.bbc.co.uk
/sport/0/football/26
647517
Quite a different article all together here about our friend Martin Ling and his problems, like V. Pericard, very enlightening, I sincerely wish him well, http://www.bbc.co.uk /sport/0/football/26 647517 the wizard
  • Score: 1

10:50am Sun 20 Apr 14

Oi Den! says...

mancrobin wrote:
As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it.

Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship?

And what are the Trust doing? Has anyone seen a statement or know if they are involved?

And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected.

I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.
manc, that seems a bit unfair. If this is all Sam knows, it's all he can say. Are you really suggesting he should tell us nothing if he doesn't know everything? I'd say he is doing us a service by giving us this factual information. There is no suggestion of any wrongdoing, no half-baked allegations etc, so I find it hard to see a problem. The more we know about the people running - or intending to run - our football club, the better.
[quote][p][bold]mancrobin[/bold] wrote: As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it. Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship? And what are the Trust doing? Has anyone seen a statement or know if they are involved? And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected. I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.[/p][/quote]manc, that seems a bit unfair. If this is all Sam knows, it's all he can say. Are you really suggesting he should tell us nothing if he doesn't know everything? I'd say he is doing us a service by giving us this factual information. There is no suggestion of any wrongdoing, no half-baked allegations etc, so I find it hard to see a problem. The more we know about the people running - or intending to run - our football club, the better. Oi Den!
  • Score: -1

10:57am Sun 20 Apr 14

Oi Den! says...

As for the Trust, there can be no doubt that they are a well-intentioned group but they have no clout whatsoever. The club has paid lip service to them in the past, while ensuring they don't get too close. It's probably the way it'll always be.

And the Football League... Do they really need to be involved at the moment? Presumably they'll need to invoke the "fit and proper person" test if Power loses the court case. Until then, what is there for them to do except keep a discreet eye on what's happening?
As for the Trust, there can be no doubt that they are a well-intentioned group but they have no clout whatsoever. The club has paid lip service to them in the past, while ensuring they don't get too close. It's probably the way it'll always be. And the Football League... Do they really need to be involved at the moment? Presumably they'll need to invoke the "fit and proper person" test if Power loses the court case. Until then, what is there for them to do except keep a discreet eye on what's happening? Oi Den!
  • Score: 0

11:08am Sun 20 Apr 14

Davidsyrett says...

Oi Den! wrote:
mancrobin wrote:
As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it.

Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship?

And what are the Trust doing? Has anyone seen a statement or know if they are involved?

And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected.

I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.
manc, that seems a bit unfair. If this is all Sam knows, it's all he can say. Are you really suggesting he should tell us nothing if he doesn't know everything? I'd say he is doing us a service by giving us this factual information. There is no suggestion of any wrongdoing, no half-baked allegations etc, so I find it hard to see a problem. The more we know about the people running - or intending to run - our football club, the better.
Den, I think the adver knows far more than it's letting on, but probably due to legal restraints and Power's reputation for banning them, will not indulge further.

I agree with Mancrobin, its about time someone properly looked in to this and demanded answers, rather than a tabloid, I think the FL would be the better option. I also feel a statement from the club, after the court hearing, should be issued regarding what percentages the parties involved hold in the club. I was under the impression the Power owned the club outright, but due to this legal challenge, that now seems debatable.

My worry is that now Power seems to have sorted out a lot of the financial issues and outstanding debt/contracts etc, McCory seems to think this is a good time to make his move for the club.

One thing that worries me is that McCory is rich, not maybe in terms of a football club owner, but certainly well enough off to drag on with these court cases. It could be he has a vendetta against Power and is going to cause as much problems as he can. Obviously this is not going to do the club much good in the foreseeable future.

To answer Wizards earlier poll question, I can't believe there are many on here who would rather have McCory than Power, whatever the behind the scenes happenings regarding buying McCory out.
[quote][p][bold]Oi Den![/bold] wrote: [quote][p][bold]mancrobin[/bold] wrote: As ever, we are about to be fed a steam of incomprehensible news about the future of our club. No-one seemingly knowing what's really going on and certainly no-one with a clue as to the real reasons behind it. Can't someone do a decent piece of investigative journalism on this? Someone from the nationals or 442 who don't need to maintain a daily relationship? And what are the Trust doing? Has anyone seen a statement or know if they are involved? And what about the Football League? I thought they were an organisation who were there to ensure that things were run properly and fan's interests were protected. I find this 'snippet' journalism unhelpful and tiresome I' m afraid Sam.[/p][/quote]manc, that seems a bit unfair. If this is all Sam knows, it's all he can say. Are you really suggesting he should tell us nothing if he doesn't know everything? I'd say he is doing us a service by giving us this factual information. There is no suggestion of any wrongdoing, no half-baked allegations etc, so I find it hard to see a problem. The more we know about the people running - or intending to run - our football club, the better.[/p][/quote]Den, I think the adver knows far more than it's letting on, but probably due to legal restraints and Power's reputation for banning them, will not indulge further. I agree with Mancrobin, its about time someone properly looked in to this and demanded answers, rather than a tabloid, I think the FL would be the better option. I also feel a statement from the club, after the court hearing, should be issued regarding what percentages the parties involved hold in the club. I was under the impression the Power owned the club outright, but due to this legal challenge, that now seems debatable. My worry is that now Power seems to have sorted out a lot of the financial issues and outstanding debt/contracts etc, McCory seems to think this is a good time to make his move for the club. One thing that worries me is that McCory is rich, not maybe in terms of a football club owner, but certainly well enough off to drag on with these court cases. It could be he has a vendetta against Power and is going to cause as much problems as he can. Obviously this is not going to do the club much good in the foreseeable future. To answer Wizards earlier poll question, I can't believe there are many on here who would rather have McCory than Power, whatever the behind the scenes happenings regarding buying McCory out. Davidsyrett
  • Score: 2

11:23am Sun 20 Apr 14

Oi Den! says...

Good post DS. Power might strengthen his position in the eyes of the fans by releasing the results of the "audit", as promised to us by the Great Disappearing Sangita with her new era of openness.
Good post DS. Power might strengthen his position in the eyes of the fans by releasing the results of the "audit", as promised to us by the Great Disappearing Sangita with her new era of openness. Oi Den!
  • Score: 0

11:55am Sun 20 Apr 14

red white says...

We could be in the Championship at the end of May.

Great season though,Power will win,he is a winner.
We could be in the Championship at the end of May. Great season though,Power will win,he is a winner. red white
  • Score: 1

11:56am Sun 20 Apr 14

Red Since 62 says...

There was never any intention of releasing the audit results. That much is obvious by the current refusal to allow Jed & Co access to any financial information.
The football league will be well aware of what is going on here and will no doubt be waiting the outcome of the court hearing as well as everyone else.
Having accepted Lee Powers business plans for taking the club forward we can expect the FA to put an embargo on the club if Jed & Co are considered to be the owners of the club by the courts on the 29th April.
The FA will then want assurances as to how the club is going to be managed going forward.
There was never any intention of releasing the audit results. That much is obvious by the current refusal to allow Jed & Co access to any financial information. The football league will be well aware of what is going on here and will no doubt be waiting the outcome of the court hearing as well as everyone else. Having accepted Lee Powers business plans for taking the club forward we can expect the FA to put an embargo on the club if Jed & Co are considered to be the owners of the club by the courts on the 29th April. The FA will then want assurances as to how the club is going to be managed going forward. Red Since 62
  • Score: 0

12:15pm Sun 20 Apr 14

Bassett Hound says...

Oi Den! wrote:
Good post DS. Power might strengthen his position in the eyes of the fans by releasing the results of the "audit", as promised to us by the Great Disappearing Sangita with her new era of openness.
Probably find Den that the Audit will results will show that McCrory and co paid themselves consultancy fees from the money Lee Power put in.
[quote][p][bold]Oi Den![/bold] wrote: Good post DS. Power might strengthen his position in the eyes of the fans by releasing the results of the "audit", as promised to us by the Great Disappearing Sangita with her new era of openness.[/p][/quote]Probably find Den that the Audit will results will show that McCrory and co paid themselves consultancy fees from the money Lee Power put in. Bassett Hound
  • Score: 1

12:47pm Sun 20 Apr 14

the wizard says...

Didn't Power, after assuming control of the club go and have a meeting with Black, and was not the out come that as the new owner, Black was not going to call in the remainder of the money owing that wasn't written off when he passed the ownership to Jed ?

Now that could be construed that Power isn't totally the whole owner of the club, and others still may owner a significant share holding. It would seem then that Power having ousted Jed hasn't in fact bought a controlling holding in the club.

Seems strange that Murrall is back in the equation as were we not told, and I quote,

SWINDON Town have no immediate plans to replace Steve Murrall after the Robins’ general manager stepped down from his role to pursue other business interests.

Murrall, who was part of chairman Jed McCrory’s Seebeck 87 Ltd group which took control of the club in February, has resigned from Town’s board of directors and will no longer oversee the day to day running of the Robins’ administrative and commercial departments.

In a statement to the Advertiser, Murrall said: “Since we came in I have seen the football club move up to an operational stage which I believed it needed to get to, and from there I have decided that now is the time to concentrate on my own businesses.

And the above article appeared on the 8th November '13.

Following on, on the 6th December Power confirm's in a press conference that he is the "sole investor" in the club, see below link,

http://www.thisisswi
ndontownfc.co.uk/new
s/10860209.TOWN_PRES
S_CONFERENCE__Power_
addresses_local_medi
a/

So, its as clear as mud and we are, as usual, confused . com
Didn't Power, after assuming control of the club go and have a meeting with Black, and was not the out come that as the new owner, Black was not going to call in the remainder of the money owing that wasn't written off when he passed the ownership to Jed ? Now that could be construed that Power isn't totally the whole owner of the club, and others still may owner a significant share holding. It would seem then that Power having ousted Jed hasn't in fact bought a controlling holding in the club. Seems strange that Murrall is back in the equation as were we not told, and I quote, SWINDON Town have no immediate plans to replace Steve Murrall after the Robins’ general manager stepped down from his role to pursue other business interests. Murrall, who was part of chairman Jed McCrory’s Seebeck 87 Ltd group which took control of the club in February, has resigned from Town’s board of directors and will no longer oversee the day to day running of the Robins’ administrative and commercial departments. In a statement to the Advertiser, Murrall said: “Since we came in I have seen the football club move up to an operational stage which I believed it needed to get to, and from there I have decided that now is the time to concentrate on my own businesses. And the above article appeared on the 8th November '13. Following on, on the 6th December Power confirm's in a press conference that he is the "sole investor" in the club, see below link, http://www.thisisswi ndontownfc.co.uk/new s/10860209.TOWN_PRES S_CONFERENCE__Power_ addresses_local_medi a/ So, its as clear as mud and we are, as usual, confused . com the wizard
  • Score: 0

12:57pm Sun 20 Apr 14

umpcah says...

the wizard wrote:
Didn't Power, after assuming control of the club go and have a meeting with Black, and was not the out come that as the new owner, Black was not going to call in the remainder of the money owing that wasn't written off when he passed the ownership to Jed ?

Now that could be construed that Power isn't totally the whole owner of the club, and others still may owner a significant share holding. It would seem then that Power having ousted Jed hasn't in fact bought a controlling holding in the club.

Seems strange that Murrall is back in the equation as were we not told, and I quote,

SWINDON Town have no immediate plans to replace Steve Murrall after the Robins’ general manager stepped down from his role to pursue other business interests.

Murrall, who was part of chairman Jed McCrory’s Seebeck 87 Ltd group which took control of the club in February, has resigned from Town’s board of directors and will no longer oversee the day to day running of the Robins’ administrative and commercial departments.

In a statement to the Advertiser, Murrall said: “Since we came in I have seen the football club move up to an operational stage which I believed it needed to get to, and from there I have decided that now is the time to concentrate on my own businesses.

And the above article appeared on the 8th November '13.

Following on, on the 6th December Power confirm's in a press conference that he is the "sole investor" in the club, see below link,

http://www.thisisswi

ndontownfc.co.uk/new

s/10860209.TOWN_PRES

S_CONFERENCE__Power_

addresses_local_medi

a/

So, its as clear as mud and we are, as usual, confused . com
I know I`ve had a drink this morning but I have to admit that I`m confused - probably very !
[quote][p][bold]the wizard[/bold] wrote: Didn't Power, after assuming control of the club go and have a meeting with Black, and was not the out come that as the new owner, Black was not going to call in the remainder of the money owing that wasn't written off when he passed the ownership to Jed ? Now that could be construed that Power isn't totally the whole owner of the club, and others still may owner a significant share holding. It would seem then that Power having ousted Jed hasn't in fact bought a controlling holding in the club. Seems strange that Murrall is back in the equation as were we not told, and I quote, SWINDON Town have no immediate plans to replace Steve Murrall after the Robins’ general manager stepped down from his role to pursue other business interests. Murrall, who was part of chairman Jed McCrory’s Seebeck 87 Ltd group which took control of the club in February, has resigned from Town’s board of directors and will no longer oversee the day to day running of the Robins’ administrative and commercial departments. In a statement to the Advertiser, Murrall said: “Since we came in I have seen the football club move up to an operational stage which I believed it needed to get to, and from there I have decided that now is the time to concentrate on my own businesses. And the above article appeared on the 8th November '13. Following on, on the 6th December Power confirm's in a press conference that he is the "sole investor" in the club, see below link, http://www.thisisswi ndontownfc.co.uk/new s/10860209.TOWN_PRES S_CONFERENCE__Power_ addresses_local_medi a/ So, its as clear as mud and we are, as usual, confused . com[/p][/quote]I know I`ve had a drink this morning but I have to admit that I`m confused - probably very ! umpcah
  • Score: 0

1:03pm Sun 20 Apr 14

the wizard says...

umpcah , had a drink this morning, you good man. I'll raise a glass over lunch, or three.
umpcah , had a drink this morning, you good man. I'll raise a glass over lunch, or three. the wizard
  • Score: 0

1:39pm Sun 20 Apr 14

mancrobin says...

Wiz/Den, I'm not really wishing to have a go at anyone in particular, just venting my frustration more than anything. How many times as a Town fan have I had to pick up the paper to read about some event in the Boardroom that I read and re-read and still don't understand it. I feel sorry for Sam as I doubt he does have the full picture and is not in a position to ask the really awkward questions. Other journalists and Trust should be.

I'm also not intending on having a pop at the Trust. They do a good job to a point and are all volunteers. By the way Wiz, the Trust's website is clear about what was done with money raised. But interestingly, it's website has no comment/opinion on the current Board story.

What I say is let's do a Pompey and take the club over ourselves. Save the agony of all this Board room farce.
Wiz/Den, I'm not really wishing to have a go at anyone in particular, just venting my frustration more than anything. How many times as a Town fan have I had to pick up the paper to read about some event in the Boardroom that I read and re-read and still don't understand it. I feel sorry for Sam as I doubt he does have the full picture and is not in a position to ask the really awkward questions. Other journalists and Trust should be. I'm also not intending on having a pop at the Trust. They do a good job to a point and are all volunteers. By the way Wiz, the Trust's website is clear about what was done with money raised. But interestingly, it's website has no comment/opinion on the current Board story. What I say is let's do a Pompey and take the club over ourselves. Save the agony of all this Board room farce. mancrobin
  • Score: 0

2:57pm Sun 20 Apr 14

red white says...

We could be in the Prem next year or the year after,believe.
We could be in the Prem next year or the year after,believe. red white
  • Score: 0

3:13pm Sun 20 Apr 14

red white says...

You know what cracks me up?
The roar,the elation when we score,the Sheff U game from the whole CG,It is mental.
The fans
Jus can't get enough.The brizzle game,you name 'em..
You know what cracks me up? The roar,the elation when we score,the Sheff U game from the whole CG,It is mental. The fans Jus can't get enough.The brizzle game,you name 'em.. red white
  • Score: 1

3:33pm Sun 20 Apr 14

the wizard says...

mancrobin wrote:
Wiz/Den, I'm not really wishing to have a go at anyone in particular, just venting my frustration more than anything. How many times as a Town fan have I had to pick up the paper to read about some event in the Boardroom that I read and re-read and still don't understand it. I feel sorry for Sam as I doubt he does have the full picture and is not in a position to ask the really awkward questions. Other journalists and Trust should be.

I'm also not intending on having a pop at the Trust. They do a good job to a point and are all volunteers. By the way Wiz, the Trust's website is clear about what was done with money raised. But interestingly, it's website has no comment/opinion on the current Board story.

What I say is let's do a Pompey and take the club over ourselves. Save the agony of all this Board room farce.
Like you, I'm not having a go at anyone, and like many here appreciate that Sam has to be very careful what he puts into print, even if he does know more than he is letting on. Very frustrating for him.

That said, go and have a look at the articles I have linked. Obviously there is a lot more to this than what we can see on the surface. I think there is a point in the Black not wanting the monies owed should the business get sold on after jed, no doubt somebody here may have an insight on that.

Intrigue and more, it could only happen here. Oh and by the way, if you want a laugh to lighten the mood then nothing better than the José Mourinho spat yesterday . Bad egg and poor loser, but then again, with a full name like José Mário dos Santos Mourinho Félix you would want a sense of humour, wouldn't you ???? somebody left it off his build list, lol.
[quote][p][bold]mancrobin[/bold] wrote: Wiz/Den, I'm not really wishing to have a go at anyone in particular, just venting my frustration more than anything. How many times as a Town fan have I had to pick up the paper to read about some event in the Boardroom that I read and re-read and still don't understand it. I feel sorry for Sam as I doubt he does have the full picture and is not in a position to ask the really awkward questions. Other journalists and Trust should be. I'm also not intending on having a pop at the Trust. They do a good job to a point and are all volunteers. By the way Wiz, the Trust's website is clear about what was done with money raised. But interestingly, it's website has no comment/opinion on the current Board story. What I say is let's do a Pompey and take the club over ourselves. Save the agony of all this Board room farce.[/p][/quote]Like you, I'm not having a go at anyone, and like many here appreciate that Sam has to be very careful what he puts into print, even if he does know more than he is letting on. Very frustrating for him. That said, go and have a look at the articles I have linked. Obviously there is a lot more to this than what we can see on the surface. I think there is a point in the Black not wanting the monies owed should the business get sold on after jed, no doubt somebody here may have an insight on that. Intrigue and more, it could only happen here. Oh and by the way, if you want a laugh to lighten the mood then nothing better than the José Mourinho spat yesterday . Bad egg and poor loser, but then again, with a full name like José Mário dos Santos Mourinho Félix you would want a sense of humour, wouldn't you ???? somebody left it off his build list, lol. the wizard
  • Score: 1

4:54pm Sun 20 Apr 14

the don69 says...

Their all just a bunch of Wannabe's without any cash to back it up! you either buy all the shares or you don't? if Power has bought 50% plus he's in control but if Jed's gang still has a big holding they are entitled to board seats, would be nice to have true Town fans in control,not trying to make a buck out of a skint club,City don't know how lucky they are to have a fan bank-rolling them so far to the tune of £35m even though they failed badly,Lansdown is a true fan,but he's a rare breed!!!!!!!!!!!
Their all just a bunch of Wannabe's without any cash to back it up! you either buy all the shares or you don't? if Power has bought 50% plus he's in control but if Jed's gang still has a big holding they are entitled to board seats, would be nice to have true Town fans in control,not trying to make a buck out of a skint club,City don't know how lucky they are to have a fan bank-rolling them so far to the tune of £35m even though they failed badly,Lansdown is a true fan,but he's a rare breed!!!!!!!!!!! the don69
  • Score: 1

6:00pm Sun 20 Apr 14

Oldhamred says...

The one element that confuses me most regarding the board or wannabe board is the role of Sangita Shah.
If I am not mistaken, she was brought in by Jed and at that time claimed to be a very good friend and was keen to work alongside him.
Seems very strange to me that her position has changed so dramatically yet few questions are asked of her.
Is it possible that her role is not all it appears to be?
The one element that confuses me most regarding the board or wannabe board is the role of Sangita Shah. If I am not mistaken, she was brought in by Jed and at that time claimed to be a very good friend and was keen to work alongside him. Seems very strange to me that her position has changed so dramatically yet few questions are asked of her. Is it possible that her role is not all it appears to be? Oldhamred
  • Score: 0

8:06pm Sun 20 Apr 14

London Red says...

mancrobin wrote:
Wiz/Den, I'm not really wishing to have a go at anyone in particular, just venting my frustration more than anything. How many times as a Town fan have I had to pick up the paper to read about some event in the Boardroom that I read and re-read and still don't understand it. I feel sorry for Sam as I doubt he does have the full picture and is not in a position to ask the really awkward questions. Other journalists and Trust should be.

I'm also not intending on having a pop at the Trust. They do a good job to a point and are all volunteers. By the way Wiz, the Trust's website is clear about what was done with money raised. But interestingly, it's website has no comment/opinion on the current Board story.

What I say is let's do a Pompey and take the club over ourselves. Save the agony of all this Board room farce.
In order to "do a Pompy" we would need one supporter to be worth about the same as Power or Jed (both multi millionaires) and own all the land around the stadium to allow it to be developed and make him a mint while saving the club at the same time
.
1 - we have no fans worth anywhere near enough
.
2 - we can't own the land around the ground so have no potential to develop and make money for both us the owner and the club
.
I would have thought 5 years being owned by a consortium worth over £500m (yes half a billion pounds) and getting nowhere shows it needs a different approach
.
Power - who's motive is being a football man and wanting to be I football - is trying that by making the club fund itself and look to grow via developing young raw talent
.
I'm more than happy to see how this pans out - as we have never had someone in the game running us before - and the Trust or whatever fans group bought it don't have the contacts or experience he does.
.
Jed and co made £300k out of the deal - which I think is fine as they did broker the deal and save the club - and led to Power getting a bargain as £300k for a debt free club is cheap! (Well I say £300k - but it's over £1m as he still has to find our loss making season)
.
I guess this boils down to the remaining 40% shareholding - as I believe it said Power got 60% - thus control - but Jed and Co seem not to want to wait X years for the club to be sold and Black get paid back before they get a slice of what is left and want to have that 40% bought now for a few £££
[quote][p][bold]mancrobin[/bold] wrote: Wiz/Den, I'm not really wishing to have a go at anyone in particular, just venting my frustration more than anything. How many times as a Town fan have I had to pick up the paper to read about some event in the Boardroom that I read and re-read and still don't understand it. I feel sorry for Sam as I doubt he does have the full picture and is not in a position to ask the really awkward questions. Other journalists and Trust should be. I'm also not intending on having a pop at the Trust. They do a good job to a point and are all volunteers. By the way Wiz, the Trust's website is clear about what was done with money raised. But interestingly, it's website has no comment/opinion on the current Board story. What I say is let's do a Pompey and take the club over ourselves. Save the agony of all this Board room farce.[/p][/quote]In order to "do a Pompy" we would need one supporter to be worth about the same as Power or Jed (both multi millionaires) and own all the land around the stadium to allow it to be developed and make him a mint while saving the club at the same time . 1 - we have no fans worth anywhere near enough . 2 - we can't own the land around the ground so have no potential to develop and make money for both us the owner and the club . I would have thought 5 years being owned by a consortium worth over £500m (yes half a billion pounds) and getting nowhere shows it needs a different approach . Power - who's motive is being a football man and wanting to be I football - is trying that by making the club fund itself and look to grow via developing young raw talent . I'm more than happy to see how this pans out - as we have never had someone in the game running us before - and the Trust or whatever fans group bought it don't have the contacts or experience he does. . Jed and co made £300k out of the deal - which I think is fine as they did broker the deal and save the club - and led to Power getting a bargain as £300k for a debt free club is cheap! (Well I say £300k - but it's over £1m as he still has to find our loss making season) . I guess this boils down to the remaining 40% shareholding - as I believe it said Power got 60% - thus control - but Jed and Co seem not to want to wait X years for the club to be sold and Black get paid back before they get a slice of what is left and want to have that 40% bought now for a few £££ London Red
  • Score: -1

9:00pm Sun 20 Apr 14

the wizard says...

LR,

Confusing it is, but these articles were published at the back end of last year,

http://www.thisisswi
ndontownfc.co.uk/new
s/10844484.Confusion
_reigns_over_ownersh
ip_of_Swindon_Town/

on 29/11/13

Followed up with this,

http://www.thisisswi
ndontownfc.co.uk/new
s/10847146.Shah_conf
irms_McCrory_still_o
wns_STFC/

on 30/11/13

then this comes along ,

http://www.thisisswi
ndontownfc.co.uk/new
s/10862343.Power_out
lines_Town_vision/

on 03/12/13

http://www.thisisswi
ndontownfc.co.uk/new
s/10862343.Power_out
lines_Town_vision/

0n 07/12/13

And it states that Power has taken the club over and is the new owner, so who is telling the porkies.
LR, Confusing it is, but these articles were published at the back end of last year, http://www.thisisswi ndontownfc.co.uk/new s/10844484.Confusion _reigns_over_ownersh ip_of_Swindon_Town/ on 29/11/13 Followed up with this, http://www.thisisswi ndontownfc.co.uk/new s/10847146.Shah_conf irms_McCrory_still_o wns_STFC/ on 30/11/13 then this comes along , http://www.thisisswi ndontownfc.co.uk/new s/10862343.Power_out lines_Town_vision/ on 03/12/13 http://www.thisisswi ndontownfc.co.uk/new s/10862343.Power_out lines_Town_vision/ 0n 07/12/13 And it states that Power has taken the club over and is the new owner, so who is telling the porkies. the wizard
  • Score: 0

10:15pm Sun 20 Apr 14

Oi Den! says...

LR, your number 1 is a pretty big assumption. How do you know there's not a massively wealthy Town fan out there somewhere? They don't have to make a big fuss about their support or their wealth. It does seem that there's nobody who fits that bill who is also prepared to put his/her dosh in but you never know. Maybe even Andrew Black would be interested in owning a potentially big football club that doesn't have an egomaniac in charge of the team.

Why do you and others keep suggesting that having Black's money behind the club was not a good thing? If Power can run the club well on a shoestring, great, but if we had a well run club with a lot of money behind it, would that not be better?

And if McCrory and his associates made only £300k out of STFC, the world is flat. They didn't save the club. They were the preferred bidder because Patey and co were taken in by their bullshiitt promises. They didn't risk any of their own money, they just took advantage of a club in trouble. Any group of fans could have taken over the club with better intentions and without milking the club. (I am not suggesting any illegality by anyone concerned). The only difference would have been that a group of fans would not have given the bullshiitt promises, so their bid would never have been considered acceptable.
LR, your number 1 is a pretty big assumption. How do you know there's not a massively wealthy Town fan out there somewhere? They don't have to make a big fuss about their support or their wealth. It does seem that there's nobody who fits that bill who is also prepared to put his/her dosh in but you never know. Maybe even Andrew Black would be interested in owning a potentially big football club that doesn't have an egomaniac in charge of the team. Why do you and others keep suggesting that having Black's money behind the club was not a good thing? If Power can run the club well on a shoestring, great, but if we had a well run club with a lot of money behind it, would that not be better? And if McCrory and his associates made only £300k out of STFC, the world is flat. They didn't save the club. They were the preferred bidder because Patey and co were taken in by their bullshiitt promises. They didn't risk any of their own money, they just took advantage of a club in trouble. Any group of fans could have taken over the club with better intentions and without milking the club. (I am not suggesting any illegality by anyone concerned). The only difference would have been that a group of fans would not have given the bullshiitt promises, so their bid would never have been considered acceptable. Oi Den!
  • Score: 1

12:23am Mon 21 Apr 14

joey butler says...

A post from Fredi would be very helpful at this point.

He posts a lot more sense than the arse licking Witney brigage, who do not even go to matches, at home or away.
A post from Fredi would be very helpful at this point. He posts a lot more sense than the arse licking Witney brigage, who do not even go to matches, at home or away. joey butler
  • Score: -4

1:29am Mon 21 Apr 14

mancrobin says...

Oi Den! wrote:
LR, your number 1 is a pretty big assumption. How do you know there's not a massively wealthy Town fan out there somewhere? They don't have to make a big fuss about their support or their wealth. It does seem that there's nobody who fits that bill who is also prepared to put his/her dosh in but you never know. Maybe even Andrew Black would be interested in owning a potentially big football club that doesn't have an egomaniac in charge of the team.

Why do you and others keep suggesting that having Black's money behind the club was not a good thing? If Power can run the club well on a shoestring, great, but if we had a well run club with a lot of money behind it, would that not be better?

And if McCrory and his associates made only £300k out of STFC, the world is flat. They didn't save the club. They were the preferred bidder because Patey and co were taken in by their bullshiitt promises. They didn't risk any of their own money, they just took advantage of a club in trouble. Any group of fans could have taken over the club with better intentions and without milking the club. (I am not suggesting any illegality by anyone concerned). The only difference would have been that a group of fans would not have given the bullshiitt promises, so their bid would never have been considered acceptable.
Den, we've had the 'big money' debate before and I hold to the view that it is not sustainable for 3 reasons.
1. It's a myth that sustainability comes from increasing success to get bigger gates. Normally the focus on this point leads to endless debates about ground redevelopment. Even if the Town were to play in front of 60000 every week, they'd be poor compared to the top clubs. The money is in TV and brand marketing.
2. To get to the races in relation to TV and marketing you need a big investor who is prepared to stick with it (and take a lot of losses) in order to muscle in to that elite group of top Premiership clubs. If the investor is rich but has no association with the club, they will eventually get bored, fed up, cold feet and bail out. We've had one of those, Mr Black.
3. If they are rich and Swindon through and through they are very rare and not appeared to date. And even if they did, like Jack Walker at Blackburn, they eventually die and if the club does not have enough brand to attract further investment, like Blackburn, the club fades away.

And Blackburn has more brand credibility and tradition than we have. Swindon's default position is exactly where it currently is, top half, 3rd tier. It's aspirational position is the Championship.

A supporter's trust would be far better placed to take the club sustainably to its aspirational position rather than a sugar daddy. However, I'm not sure that Town fans will ever see the reality of that because their view has been skewed by the remarkable achievements of the Bert Head years, the con of the Hillier years, the false position of the Macari, Ardilles, Hoddle years and all the bulls@t years that have followed.

Den, if you are that mega millionaire I would be more than happy for you to try and prove me wrong. I doubt however, that anyone is likely to step forward to test my theory. It also looks like no-one has the appetite for a proactive supporters trust.

In the meantime, it looks like Mr Power is indeed the best of a bad job. Good luck to him.
[quote][p][bold]Oi Den![/bold] wrote: LR, your number 1 is a pretty big assumption. How do you know there's not a massively wealthy Town fan out there somewhere? They don't have to make a big fuss about their support or their wealth. It does seem that there's nobody who fits that bill who is also prepared to put his/her dosh in but you never know. Maybe even Andrew Black would be interested in owning a potentially big football club that doesn't have an egomaniac in charge of the team. Why do you and others keep suggesting that having Black's money behind the club was not a good thing? If Power can run the club well on a shoestring, great, but if we had a well run club with a lot of money behind it, would that not be better? And if McCrory and his associates made only £300k out of STFC, the world is flat. They didn't save the club. They were the preferred bidder because Patey and co were taken in by their bullshiitt promises. They didn't risk any of their own money, they just took advantage of a club in trouble. Any group of fans could have taken over the club with better intentions and without milking the club. (I am not suggesting any illegality by anyone concerned). The only difference would have been that a group of fans would not have given the bullshiitt promises, so their bid would never have been considered acceptable.[/p][/quote]Den, we've had the 'big money' debate before and I hold to the view that it is not sustainable for 3 reasons. 1. It's a myth that sustainability comes from increasing success to get bigger gates. Normally the focus on this point leads to endless debates about ground redevelopment. Even if the Town were to play in front of 60000 every week, they'd be poor compared to the top clubs. The money is in TV and brand marketing. 2. To get to the races in relation to TV and marketing you need a big investor who is prepared to stick with it (and take a lot of losses) in order to muscle in to that elite group of top Premiership clubs. If the investor is rich but has no association with the club, they will eventually get bored, fed up, cold feet and bail out. We've had one of those, Mr Black. 3. If they are rich and Swindon through and through they are very rare and not appeared to date. And even if they did, like Jack Walker at Blackburn, they eventually die and if the club does not have enough brand to attract further investment, like Blackburn, the club fades away. And Blackburn has more brand credibility and tradition than we have. Swindon's default position is exactly where it currently is, top half, 3rd tier. It's aspirational position is the Championship. A supporter's trust would be far better placed to take the club sustainably to its aspirational position rather than a sugar daddy. However, I'm not sure that Town fans will ever see the reality of that because their view has been skewed by the remarkable achievements of the Bert Head years, the con of the Hillier years, the false position of the Macari, Ardilles, Hoddle years and all the bulls@t years that have followed. Den, if you are that mega millionaire I would be more than happy for you to try and prove me wrong. I doubt however, that anyone is likely to step forward to test my theory. It also looks like no-one has the appetite for a proactive supporters trust. In the meantime, it looks like Mr Power is indeed the best of a bad job. Good luck to him. mancrobin
  • Score: 4

8:55am Mon 21 Apr 14

London Red says...

Oi Den! wrote:
LR, your number 1 is a pretty big assumption. How do you know there's not a massively wealthy Town fan out there somewhere? They don't have to make a big fuss about their support or their wealth. It does seem that there's nobody who fits that bill who is also prepared to put his/her dosh in but you never know. Maybe even Andrew Black would be interested in owning a potentially big football club that doesn't have an egomaniac in charge of the team.

Why do you and others keep suggesting that having Black's money behind the club was not a good thing? If Power can run the club well on a shoestring, great, but if we had a well run club with a lot of money behind it, would that not be better?

And if McCrory and his associates made only £300k out of STFC, the world is flat. They didn't save the club. They were the preferred bidder because Patey and co were taken in by their bullshiitt promises. They didn't risk any of their own money, they just took advantage of a club in trouble. Any group of fans could have taken over the club with better intentions and without milking the club. (I am not suggesting any illegality by anyone concerned). The only difference would have been that a group of fans would not have given the bullshiitt promises, so their bid would never have been considered acceptable.
True - there maybe one out there worth millions
.
But as you said we have needed them to step in for the last 15-20 years and they haven't and last Feb was the best time - Black would have given them the club for free meaning all money could go to STFC
.
Yet no one has ever come forward - so I think my point is very valid
.
I never said having money was not a good thing - I said it got us nowhere - I say that as when Fitton and Co rolled into town we were were in L1 and hours away from administration - when they left we were in L1 and hours away from administration - if you wish to point out the advance made please do as I can't see any!
.
Ok there is one - external debts were removed - which gives Power the chance to take us forward! But on a football point of view same!
.
You can believe what you like Den - but I think a fair few of us do realise that had the deal with Jed not gone through we would have been done for and no longer a league club
.
Had that happened we wouldn't have survived - there would be no AFC Wimbledon style recovery
.
So for me and a fair few others - Jed did save the club as his deal got us to stay in L1 and avoid admin
.
Could fans have done it? Could they have got Power in? I doubt it! Yes they may have potentially stalled oblivion - but money would have run out very quickly and it would have come by now - we don't have the £1m Power has to cover the losses!
[quote][p][bold]Oi Den![/bold] wrote: LR, your number 1 is a pretty big assumption. How do you know there's not a massively wealthy Town fan out there somewhere? They don't have to make a big fuss about their support or their wealth. It does seem that there's nobody who fits that bill who is also prepared to put his/her dosh in but you never know. Maybe even Andrew Black would be interested in owning a potentially big football club that doesn't have an egomaniac in charge of the team. Why do you and others keep suggesting that having Black's money behind the club was not a good thing? If Power can run the club well on a shoestring, great, but if we had a well run club with a lot of money behind it, would that not be better? And if McCrory and his associates made only £300k out of STFC, the world is flat. They didn't save the club. They were the preferred bidder because Patey and co were taken in by their bullshiitt promises. They didn't risk any of their own money, they just took advantage of a club in trouble. Any group of fans could have taken over the club with better intentions and without milking the club. (I am not suggesting any illegality by anyone concerned). The only difference would have been that a group of fans would not have given the bullshiitt promises, so their bid would never have been considered acceptable.[/p][/quote]True - there maybe one out there worth millions . But as you said we have needed them to step in for the last 15-20 years and they haven't and last Feb was the best time - Black would have given them the club for free meaning all money could go to STFC . Yet no one has ever come forward - so I think my point is very valid . I never said having money was not a good thing - I said it got us nowhere - I say that as when Fitton and Co rolled into town we were were in L1 and hours away from administration - when they left we were in L1 and hours away from administration - if you wish to point out the advance made please do as I can't see any! . Ok there is one - external debts were removed - which gives Power the chance to take us forward! But on a football point of view same! . You can believe what you like Den - but I think a fair few of us do realise that had the deal with Jed not gone through we would have been done for and no longer a league club . Had that happened we wouldn't have survived - there would be no AFC Wimbledon style recovery . So for me and a fair few others - Jed did save the club as his deal got us to stay in L1 and avoid admin . Could fans have done it? Could they have got Power in? I doubt it! Yes they may have potentially stalled oblivion - but money would have run out very quickly and it would have come by now - we don't have the £1m Power has to cover the losses! London Red
  • Score: 0

9:21am Mon 21 Apr 14

Oi Den! says...

Manc, first of all I disagree with you on our natural level. I believe it's a division higher than where we are now. The reason we have not established ourselves there is that we have never built on the temporary success we have achieved - and one of the reasons for that is that we've not had the financial strength to do so.

Of course we will never be a Premier League giant. (I'm not even sure I have any desire for us to be in that division at all.). We have the potential to be a solid 2nd tier club though - and we do have tradition.

My argument has never been that buying success is the answer. The point is that if the club has money, whether it's Black's, A Fan's or anyone else's, it helps us to keep the predators at bay and gives us the chance to keep a good team together. The success achieved then enables greater quality to be added. Your point about the historical false positions is a sobering one. I hadn't reflected on it like that before but I accept that you are absolutely right. In their own ways, each one of those positions was false. However, it's no proof that we can't do it properly.

You cite Blackburn as an example that supports your case. I have no idea what their current financial state is but they seem to be doing OK. They may have tradition on their side but they can't compete with the big boys of the modern era because it is only the big city clubs (with their "brands" - uggghh! - and their massive attendances) that can sustain a position at the very top.
We don't have Blackburn's tradition but they are not essentially any bigger than us. When we were rivals at the top of the second division, their attendances were pretty much the same as ours. And look at those two small clubs Reading and Wigan. Elm Park was non-descript and sparsely populated. Many of our fans had to stand on a grass bank at Springfield Park when we won there in the play-offs. Those clubs (both smaller than us) would never have become established in the higher divisions without financial clout.

Me a big investor? Haha, I'll probably renew my season ticket and buy the occasional bit of horrible food at the ground. That will be the limit of my financial support.

Anyway, here's to 3 points today. You never know - we might just find ourselves in another false position at the start of next season!
Manc, first of all I disagree with you on our natural level. I believe it's a division higher than where we are now. The reason we have not established ourselves there is that we have never built on the temporary success we have achieved - and one of the reasons for that is that we've not had the financial strength to do so. Of course we will never be a Premier League giant. (I'm not even sure I have any desire for us to be in that division at all.). We have the potential to be a solid 2nd tier club though - and we do have tradition. My argument has never been that buying success is the answer. The point is that if the club has money, whether it's Black's, A Fan's or anyone else's, it helps us to keep the predators at bay and gives us the chance to keep a good team together. The success achieved then enables greater quality to be added. Your point about the historical false positions is a sobering one. I hadn't reflected on it like that before but I accept that you are absolutely right. In their own ways, each one of those positions was false. However, it's no proof that we can't do it properly. You cite Blackburn as an example that supports your case. I have no idea what their current financial state is but they seem to be doing OK. They may have tradition on their side but they can't compete with the big boys of the modern era because it is only the big city clubs (with their "brands" - uggghh! - and their massive attendances) that can sustain a position at the very top. We don't have Blackburn's tradition but they are not essentially any bigger than us. When we were rivals at the top of the second division, their attendances were pretty much the same as ours. And look at those two small clubs Reading and Wigan. Elm Park was non-descript and sparsely populated. Many of our fans had to stand on a grass bank at Springfield Park when we won there in the play-offs. Those clubs (both smaller than us) would never have become established in the higher divisions without financial clout. Me a big investor? Haha, I'll probably renew my season ticket and buy the occasional bit of horrible food at the ground. That will be the limit of my financial support. Anyway, here's to 3 points today. You never know - we might just find ourselves in another false position at the start of next season! Oi Den!
  • Score: 2

9:44am Mon 21 Apr 14

Oi Den! says...

LR, the reason we didn't advance under the generous funding of Black was simply that the club made huge mistakes. We all enjoyed the excitement of the PDC era but it was short-term gain at the cost of long-term pain. My firm belief is that if we'd appointed a more level-heded manager after Wilson's 2 c0ck-up seasons, we would have been promoted to the 2nd tier and well established there by now. And I don't think the club itself is solely to blame. There is always a clamour for a big name manager. That's what we got. Then there were the fans' demands for him to be given all the money he wanted - to buy replacements for his duff signings, to dig him out of his transfer embargo etc. After the event, there was a lot of finger pointing at Jeremy Wray, perhaps justified, but a collective glance at the mirror wouldn't have come amiss (certain posters on here excepted, e.g. manc).

PDC could have taken the club under. Black's money prevented that. McCrory was the opportunist beneficiary who managed to get his foot in the door after Black had finally had enough. I hope it was the first and only time.
LR, the reason we didn't advance under the generous funding of Black was simply that the club made huge mistakes. We all enjoyed the excitement of the PDC era but it was short-term gain at the cost of long-term pain. My firm belief is that if we'd appointed a more level-heded manager after Wilson's 2 c0ck-up seasons, we would have been promoted to the 2nd tier and well established there by now. And I don't think the club itself is solely to blame. There is always a clamour for a big name manager. That's what we got. Then there were the fans' demands for him to be given all the money he wanted - to buy replacements for his duff signings, to dig him out of his transfer embargo etc. After the event, there was a lot of finger pointing at Jeremy Wray, perhaps justified, but a collective glance at the mirror wouldn't have come amiss (certain posters on here excepted, e.g. manc). PDC could have taken the club under. Black's money prevented that. McCrory was the opportunist beneficiary who managed to get his foot in the door after Black had finally had enough. I hope it was the first and only time. Oi Den!
  • Score: 0

12:11pm Mon 21 Apr 14

mancrobin says...

Oi Den! wrote:
Manc, first of all I disagree with you on our natural level. I believe it's a division higher than where we are now. The reason we have not established ourselves there is that we have never built on the temporary success we have achieved - and one of the reasons for that is that we've not had the financial strength to do so.

Of course we will never be a Premier League giant. (I'm not even sure I have any desire for us to be in that division at all.). We have the potential to be a solid 2nd tier club though - and we do have tradition.

My argument has never been that buying success is the answer. The point is that if the club has money, whether it's Black's, A Fan's or anyone else's, it helps us to keep the predators at bay and gives us the chance to keep a good team together. The success achieved then enables greater quality to be added. Your point about the historical false positions is a sobering one. I hadn't reflected on it like that before but I accept that you are absolutely right. In their own ways, each one of those positions was false. However, it's no proof that we can't do it properly.

You cite Blackburn as an example that supports your case. I have no idea what their current financial state is but they seem to be doing OK. They may have tradition on their side but they can't compete with the big boys of the modern era because it is only the big city clubs (with their "brands" - uggghh! - and their massive attendances) that can sustain a position at the very top.
We don't have Blackburn's tradition but they are not essentially any bigger than us. When we were rivals at the top of the second division, their attendances were pretty much the same as ours. And look at those two small clubs Reading and Wigan. Elm Park was non-descript and sparsely populated. Many of our fans had to stand on a grass bank at Springfield Park when we won there in the play-offs. Those clubs (both smaller than us) would never have become established in the higher divisions without financial clout.

Me a big investor? Haha, I'll probably renew my season ticket and buy the occasional bit of horrible food at the ground. That will be the limit of my financial support.

Anyway, here's to 3 points today. You never know - we might just find ourselves in another false position at the start of next season!
Let's hope so Den. Enjoy the game!
[quote][p][bold]Oi Den![/bold] wrote: Manc, first of all I disagree with you on our natural level. I believe it's a division higher than where we are now. The reason we have not established ourselves there is that we have never built on the temporary success we have achieved - and one of the reasons for that is that we've not had the financial strength to do so. Of course we will never be a Premier League giant. (I'm not even sure I have any desire for us to be in that division at all.). We have the potential to be a solid 2nd tier club though - and we do have tradition. My argument has never been that buying success is the answer. The point is that if the club has money, whether it's Black's, A Fan's or anyone else's, it helps us to keep the predators at bay and gives us the chance to keep a good team together. The success achieved then enables greater quality to be added. Your point about the historical false positions is a sobering one. I hadn't reflected on it like that before but I accept that you are absolutely right. In their own ways, each one of those positions was false. However, it's no proof that we can't do it properly. You cite Blackburn as an example that supports your case. I have no idea what their current financial state is but they seem to be doing OK. They may have tradition on their side but they can't compete with the big boys of the modern era because it is only the big city clubs (with their "brands" - uggghh! - and their massive attendances) that can sustain a position at the very top. We don't have Blackburn's tradition but they are not essentially any bigger than us. When we were rivals at the top of the second division, their attendances were pretty much the same as ours. And look at those two small clubs Reading and Wigan. Elm Park was non-descript and sparsely populated. Many of our fans had to stand on a grass bank at Springfield Park when we won there in the play-offs. Those clubs (both smaller than us) would never have become established in the higher divisions without financial clout. Me a big investor? Haha, I'll probably renew my season ticket and buy the occasional bit of horrible food at the ground. That will be the limit of my financial support. Anyway, here's to 3 points today. You never know - we might just find ourselves in another false position at the start of next season![/p][/quote]Let's hope so Den. Enjoy the game! mancrobin
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