Lee Power

[Power to people]

Quite like the illustration for the Washbag post:
http://thewashbag.com/2013/11/29/to-me-to-you-a-change-of-ownership-at-swindon-town/

Less enthralled that they seem to have taken Power's claims of cash injections at face value. Have we seen any evidence that either has invested anything? (Other than their own claims that they have done so)

I did notice that, find it strange that Washbag has accepted this as usually Ron & co stick to the facts

[pauld]

But then again paid fees of £100k for Byrne and £400k for Luongo. If they havent put a penny in then the well must be pretty dry.

Although (and I know I've said this before) you're assuming cash actually left the building in those deals? They could both be "deals worth up to £x" which sees minimal/no outlay up-front.

[Power to people]

They certainly "stockpiled" cash early on. ST sales, fees for players and selling off future commercial revenues eg catering. But then again paid fees of £100k for Byrne and £400k for Luongo. If they havent put a penny in then the well must be pretty dry.

We dont know the makeup of those fee's though it has never been disclosed so we dont know if there was anything paid upfront or it could have been minimal fee up front with the rest in clauses

[pauld]

We dont know the makeup of those fee's though it has never been disclosed so we dont know if there was anything paid upfront or it could have been minimal fee up front with the rest in clauses

F**k me, I've got an echo

[thepeoplesgame]

We dont know the makeup of those fee's though it has never been disclosed so we dont know if there was anything paid upfront or it could have been minimal fee up front with the rest in clauses

It does seem highly implausible that we have handed over £500,000 up front to Tottenham, doesn't it? Sounds good if you get the press to spin it like that though.

Likewise "investing" £1.2m to lift the embargo. As well as I remember it, all that was needed was for the £1.2m to be deposited somewhere as proof of its existence - and that took long enough. I could be wrong about that, though, no time to check the archives…

[pauld]

Likewise "investing" £1.2m to lift the embargo. As well as I remember it, all that was needed was for the £1.2m to be deposited somewhere as proof of its existence - and that took long enough. I could be wrong about that, though, no time to check the archives…

I believe you're correct. It was an escrow requirement to demonstrate proof of funds IIRC

[Reg Smeeton]

McClory/McCrory... hmmm. Coincidence or something more sinister?

We know our chairman has a variety of ways of spelling his name bit like Sir Walter Raleigh (pronounced Raw-ley)

I quote

In Drummond’s Conversations with Ben Jonson he is Raughlie. References occur to him in Mr. Andrew Clark’s Oxford Register, as Rallegh, Rawlei, Rauly, Raughley, Raughly, Raughleigh, Raylye, and Rolye. Foreigners referred to him as Ralle, Rallé, Raleghus, Raleich, Raleik, Raulaeus, Rale, Real, Reali, Ralego, and Rhalegh. In addition, I have found in lists compiled by Dr. Brushfield the name spelt Raley, Raleye, Raleagh, Raleygh, Raleyghe, Ralli, Raughleye, Rauleghe, Raulghe, Raweleigh, Raylygh, Reigley, Rhaleigh, Rhaley, Rhaly, and Wrawley

So near to a Statement Friday on the OS, but not quite  

[tans]

Didnt Jed tell the trust he paid the 1.2m to get us out embargo in the form of an interest free loan? Now Power is saying he paid it? Someones telling porkies

[PetsWinPrizes]

Didnt Jed tell the trust he paid the 1.2m to get us out embargo in the form of an interest free loan? Now Power is saying he paid it? Someones telling porkies

Depends how they worded it. If Jed got Power on board and Power put the 1.2 in (or at least showed the FL it) Jed could rightly say he 'secured' the 1.2 as he bought Power in.

[Nemo]

What the fook.

[@mwooly63]

Board meeting tomorrow apparently
12 oclock
Just whats needed before a home game

[DMR]

Good point the players won't have time to warm up

[tans]

Board meeting tomorrow apparently
12 oclock
Just whats needed before a home game

Its in the legends lounge aswell

[Power to people]

Its in the legends lounge aswell

Will Jed buy the beers

[yeo]

Pre match entertainment

fight! fight! fight!