Thetownend.com

What is that smell ?

It's Diamandis shitting himself and as a lost throw of the dice donig an interview on RS

They didn't play the full interview apparently on their website  after 9, but what I did hear:

- If CG redevelopment falls through they have plans to move to J17

- 1 of the 2 so called investors have pulled out

- other investor is neighbour of SSW and a young entrapraner and company is in top 1000, talks now ceased until Jan 3/4 due to him gonig on hol and they have not asked his credentials yet

- Does not know what the "Football Trust" are offering

- Does not know what how much money the "Football Trust" has behind them

- When asked what was wanted for the FC he said something along the lines of if it was someone they knew they could trust like their investor then they make not want as much

- They have not been asked what they want for the FC

Can someone listen to the interview and post the other main points, sounds like desperation to me from Diamandis to try and say everything is sweet

Diamandis OUT Power IN

Junction bloody 17!!! FORGET IT!

The club is technically insolvent, therefor you should be able to pick it up for a notional value

ie ;      a quid !

as long as you accept to take on the liabilities aswell.

It would be completely different if there was tangible assetts .....

a new ground perhaps ??????

I heard the7:30am version (brief).

There were two main items:

- There were two new investors, one of which has now pulled out. The other is a very successful self made wealthy person and discussions are underway.

- The club want to redevelop the CG, but there are inducements to move to M4 J17 if it doesn't work out.

When the Greek comes out from under his rock I think the writing might be on the wall...

Just posted this on another thread (I'll delete that one).

First thoughts for me is JUNCTION 17????  WTF!!!!!!  There is no chance the average fan can accept this surely.   Also how are the people of Chippenham and surrounding area going to like that.  

Can just see the reaction when Millwall turn up at Chippenham train station looking for the ground.

Fair play to the bloke for being honest but this news could stir things up.

As for their potential backer being bigger than ours, well, we'll wait and see shall we.

The J17 idea would be made to kick the council into gear, IMO

I refer you to P2P's post:

All very predictable stuff, are the board running out of ideas???

Regarding the two 'investors' which the club said that they were at an advanced stage, one has buggered off (probably saw Diamandis...that normally does the trick!!), and the other one is a young entrepreneur, who didn't want to get involved a year ago, when the club was unstable.

What...are you telling me that it is stable !!!

CVA payments late, inland revenue not paid....you make up your own mind...

This lot are getting desperate....and still no one believes them.

They are just trying to up the price.

Mixing your metaphores. Dear oh dear! :roll:  :mrgreen:

I think they are either deadly serious about the investor/ground redevelopment  and if it comes off they will stay. If not they are forced to sell.

OR

Are readying for sale and are trying to make the club look far more attractive financially than the putrid festering blob it is. "Ooooh look, if you want to buy the club you can, but we have just got planning permission to redevelop the CG/J17"

IMHO: The charm offensive is to try and take the heat off whilst trying to see what stage they can get the ground redevelopment plans to. Then they will decide which route to take.

Didnt hear the interview, but it is certainly extremely rare for him to come out in the open (now where is that sniper when you need him) They are really starting to sound worried! :mrgreen:

Don't tell fatubry about it, poor old pooky.

I'm not so sure about this.

It could be a tactic to get SBC to agree to the CG redevelopment by saying Wilts County Council are offering incentives (and therefore also keep the fans on side)

Or, they could just move us to Chippenham, fuck us over, sell up and leave.

I think its the latter - besides how is blackmailing SBC going to get them onside ...

Interview seems to be up

http://www.bbc.co.uk/wiltshire/content/articles/2006/12/19/mike_diamandis_feature.shtml

at work so can't listen just now. It's a long 'un by all accounts.

Same as. Can someone type it out? Thanks :D

45 minutes? jesus christ.

i'll get cracking...

fucking hell, theres a picture and everything.




i now fully support the current board and wish them a prolongued rule at the helm of the good ship STFC.


 :-))(  :soapy tit wank:

You can thank a *very* clever Matt Pick at the press conference announcing Sturrock's arrival for that one....

Tell them to wait til they get home. fucking cunts

I think it's safe to say that only a handfull of fans (i.e. us) are really concerned about the day to day running of our club. Most people just want to go and watch football on a saturday.

Out of those that just go to watch to football, I think quite a few would be pretty pissed off if the club moved away from the CG, therefore they'll back the 'Keep town in Swindon' campaign. If the board are actively seen as trying to keep us at the CG it'll keep these casual fans sweet.

IMO the board are trying to create a divide amongst the fans and make the followers of the Fans Consortium the smallest minority possible.

Ive listened to it this is my inturpritation of what was said I may have got it wrong...

Club have told Trust residential stuff on ground would mean a residental comitte to speak to and would stop them holding concerts and stuff.thats the "fatal flaw"

The Trust put their own slant on the results of the peace meeting.

The Trust have their own agenda to get someone on the board they will back anyone at all to get this.Mike D thinks 3-4 people are out to get him and suggested that these people would rather see the club die than him there.

He reckons the balance was -14,000,000 5 years ago and unless I heard wrong is +2,000,000 now?

They consider Power to have shares,should BP want to change them from shares to loan they are willing to speak.

He questioned the buisness skills of Radcliffe,Davis then want on to say they dont know what Wilkes or Powers do either.

The CVA is worded to say "we will pay off the 900,00 if the new stadium is built because we havent built the stadium they will be looking to pay it 100,000 a year instead.(im sure thats what he said but I could be wrong here)

The bonus scheme agreed by Power/Devlin for our squad is the "best in this league,the 1st and many Championship clubs"Thats why the increased attendnce are leaving us still skint.

When asked how much to sell he said it depends who is asking.My reading is if the Trust want to but it they will have to pay all Wills loands,St Modwen and the worth of the playing squad(including Brez who isnt even fucking ours).At least thats what he suggested

The "board walkabouts" on Saturday AND the press releases of last week were aimed at the faceless majority (ie: those fans who do not want to get involved in the backroom politics and just want to show up for the game and support the team)

Now to me.........................they have a choice to make now !

either get on board and do something about it

OR

order their railcard now !

Which do you think its going to be ?

It was my understanding that players couldnt be used as assets. :?

It's not his club! He can't go spouting things like that! Unless of course he was saying all this on behalf of SSW.

PS he doesnt half look like a right dodgy character! :shock:

He is apperently the clubs "general manager" as appointed by Seton wills and has been since 2000

Doesn't matter YR, he doesn't own it - he can't sell it.

Everything he says and does is backed by Wills so he can do pretty much what he wants.

http://news.bbc.co.uk/1/hi/england/wiltshire/6195707.stm

You are such lucky people today. Second picture of Mike D AND a write up.

Pay your licence fee. :)

Pay for the players, is he having a fucking laugh?  As far as I understand it though the offer on the table matches the rest of the demands.

STA's correct players can not be deemed as assets of a football club according to Mr Wilkes and legal advisers.

Could the players be classed as Intangible Assets though?

This so called entrepreneur sounds like trouble. Aren't entrepreneurs renowned for exploiting situations to make money. He is probably made up anyway

Hmmm....but dont we hold the odd concert (where the money disapears?) now anyway.

How would redeveloping the ground make it any different?

Also, didnt the boards last set of plans have houses built all round the ground plus they wanted to hold concerts how does that one work?

Finally, seen as the club are at 'advanced stages' with their plans how do they plan to get round the isses stated above about concerts because surely they would want to stage concerts as its a good generator of revenue

I smell bullsh*t again - it's all the fault of the greedy players and Power/Devlin.

The reality is they get no bonus at all if not in the top three, so it is an incentive to stay in the automatic promotion slots which brings its ultimate reward ... and pays for itself.

oh you bastard, i'm only 10 minutes into summarising this fucking interview!

Due to the fact we put them on 1 year deals we can't really call them 'assets', especially when we get them mostly in as freebies.

Anyway, I've got to say that the MD interview is the biggest load of BS I've heard in a long time....bearing in mind the statements we've had to put up with lately!!!

No bonus to win the play offs Santini?

It's ok. Mike D has been spending his free afternoons scouring the satellite channels for inspiration.

I think he found it here:

http://en.wikipedia.org/wiki/Foster's_Home_for_Imaginary_Friends

Keep summarising please mate, alot of people can't access the audio stream at work :(

It's simple. You write clauses into the property leases before the purchaser signs, outlining conditions that they accept. Like x number of concerts per year, y number of football matches and so on.

Standard stuff I would have thought.

Anyway it's not like anybody is going to move into a flat next to the CG and expect 365 days of peace and quiet, is it?

It's a written summary from the beeb Plagiarist.

Fair Play to Mike Diamandis for coming out and doing an interview. People have asked him to do this for ages and finally has. I haven't heard it yet though.

Do you reckon it'll be another 5 years til the next radio interview?

Sorry  :?

There's bound to be one. Perhaps the cheaper option then is to drop down the league, get no bonus, get into the play offs in the last match and win promotion that way. :wink:

lets get relegated, that'll save a fortune.

To be fair the bonus scheme covers both automatic and play off places (but you earn more if you are in automatic place). The big difference between the current scheme and the one in place last year is that the players were bonused down to 12th place in the division. This year the players agreed to only be bonused if we were in the automatic or play off places after a win or draw, which should help them to be self funding. The amount of bonus is unchanged from last season. You can only change a bonus scheme with the agreement of the players, and it must be finalised during the close season, otherwise it reverts to the scheme in place.

is it just me or does he sound like he's about to cry about 20 minutes in?

So let me get this straight.

Despite all the noises coming out of the CG about it being this damned bonus scheme that's crippling us, and the implication that it's the legacy of the short period of time that BP and yourself had greater control over the playing side of the operation at the club, the scheme is actually LESS generous than the one in place last season, and the only reason it's costing us more is that we've actually managed to win some games!

Good God! I really had thought I could no longer be suprised by the propaganda that was churned out by the club, but they continue to suprise me!

http://i32.photobucket.com/albums/d35/flammableben/diamandis.jpg


 :--

 :mrgreen:  :Ride On Fatbury's Lovestick:  :Ride On Fatbury's Lovestick:

:Ride On Fatbury's Lovestick:

I have to say, listening to that was the equivalent of listening to some one drag their finger nails down a blackboard for 45 minutes :?

I don't think any of that 45 minutes cleared up anything whatsoever.

How can they claim they've reduced the financial deficit from -£14,000,000 when they can't even provide accounts?

What was this misinterpretation on the Trust's behalf that he alludes to?

Why does this potential new investor not have to undergo the same scrutiny that Bill Power must, despite the fact he's already invested money in the club?

Why did board members sign legal documents indicating he was not running the club when he later describes himself as "manager of the football club".

Diamandis expresses his concerns about Paul/Andy not being businessmen - they're not heading up the Consortium, they're not financially backing it, they won't be running the club. They were happy for Bill Power to takeover before, why not now?

Why is the CVA payment such a problem when it seems as though we've got money floating around? Especially if £100k is only 2% of turnover, £800k is only 16%!

Why does Diamandis draw a salary from the club despite not being involved on a day-to-day basis? If he's "general manager" why is his name not listed anywhere as staff?

What evidence was provided to the club of the fan's consortium's financial backing exactly? Was it a photocopy or what?

Why are they now concerned about Power's lack of money when they've not only already got £1.2m of it but he quite easily gave them it?

The unwillingness to negotiate with the fan's consortium in the same manner as this "new entrepreneur" is frankly offensive towards the fanbase.

It's all such bullshit.

He is a ugly cunt

true! he looks likea troll

An ugly evil dictator cunt maybe?

http://a549.ac-images.myspacecdn.com/images01/4/l_fc6bf5f8522c61363627d4355a2684e4.jpg

To be fair, his good looks or otherwise aren't that relevant - the fact he's wrecking our football club (and in discussions about robbing off with it down the M4) is. I'd be happy to have Peter Beardsley as "General Manager" (yeah, right) if he did a good job. But this lot don't.

without a doubt

im not even going to listen to it tbh .i really cant be assed just going to contain the usuall shit i would imagine and tell us how great a job they  have done

I'm not listening to it for the same reasons.

Thats fair enough paul.Ihave not listened to it so i can only comment on his looks

I have listened to it! Found it pretty interesting! In my opinion he really has discredited the trust somewhat and its looking even more of an uphill battle then before! When was the interview conducted?

Anyone got any ideas as to who this young "entrepreneur" is? If there is one?

Do you mind me asking how? Not having a pop, just interested as to which bit you think discredited us and how

Think it was yesterday

He has questioned the financial clout the trust has. The emphasis to me seems to be on this potential "young entrepreneur" becoming a main player. I just got the impression that he did not take the trust seriously! Things may have changed since the interview.

Presumably my search needs to continue:

http://www.shell-livewire.org/news/index.php?catid=archive&artid=1117634426.836&year=2005&PHPSESSID=35281d5bd0fcc8f97e4bc4fa2eb91fd0

Does SSW live in Malmesbury then Rob?

i was gonna ask the same

OK, yes he is plainly trying to give the impression that the Fans' Consortium does not have serious financial backing - I'd give a two-word answer to that: Bill Power.

I doubt they have - and if he didn't take this seriously, he wouldn't have broken cover like this

I think what you say is right Paul!
I dont know too much about Bill Power's financial background but I take it he does have the financial clout then?

Nah, just the only local young businessman that came up in my first effort!!

Ramsbury for SSW isn't it?

Yep :nod:

Email him and ask? :D

sharky :D

Well Ramsbury has 66 millionaires - better get searching!

http://i109.photobucket.com/albums/n70/FredElliot_2006/sp.jpg

Oh come on !!!!

An invester that was going to put money in about a year ago, but decided against it because the club was unstable ??

Damn site more stable now Diamandis isnt it.

You dont respect anyone do you ?

You think we are all mugs

FFS

 :roll:  :roll:  :roll:

We are mugs Fred. His Godliness Mike Diamandis says so. He's obviously cleverer than any of us.

We are the fans

It's our club

I have never got into the financial going ons at swindon.

The problem im finding at the moment is i really dont  understand whats actually going on and who is who and whats what

Sorry everyone for shouting !!!!!


Just a smidge angry tonight

Nobody fucking does, because there are no recent published accounts.

Hell, yes. In a way Diamandis can only dream of - this is a bloke who's already put £1.2m into the club remember (that now seems to have gone) and we wouldn't have put out the Q&A we put out last week without being pretty confident we could deliver on it. We've learnt from the mistakes of previous boards coming in declaring they've more "more money than you can shake a stick at", for example

You cunt!

 :wink:

RobertT wrote:

Yup.

:oops:

you should be ashamed of yourself

Who's the East Ridge Ho' ? That's what I want to know.

I am

I need to do penance

All i want is stability and for me to have a football club to watch! I just await the next stage of this situation!

Here's an interesting web page.



Hmmmm. Who has been the "General Manager" for STFC for the last five years, then? As admitted to the media today? Oh dear oh dear.

From http://www.insolvency.gov.uk/guidanceleaflets/cddafc/cddafc.htm

Looks pretty damning to me......doubtless we'll be relegated to the  Isthmian league, for  fielding an ineligible director.

who else is in the isthmian league reg? anyone decent? at least we'll definitely be big fish in a small pond.



reading people's responses on the adver forum is bewildering. some people have absolutely no logical grasp of the situation, they either have their heads buried deep in the sand or up the board's arse.

After my "little discussion" with them at the end of last week I have politely declined to ever go on there again    :D

on a serious note sonic i dont have any logical grasp of whats going tbh

that forum infuriates me, I rarely post on there but some posters focus more on correcting peoples grammar than the issue at hand.

Some prat on there said:

The Orange revolution is misguided and by Saturday's display poorly supported - in fact, the poor organisation involved suggests the Trust are ill-equipped to run our football club. And who are you to think that I haven't done anything? In fact, lo and behold I am. I, with others, are striving to give the Trust some indications on where the message is wrong, that they do not represent all fans and shouldn't give the message that they do. In fact, a Straw Poll of Season Ticket holders would be a fairer representation than a meeting of village idiots. Ok, Ok that was a little too far -

Would help if he did his research first and check that this was an independent effort in support of the consortium. He thinks by belittling the trust, fans consortium etc he is doing something helpful

the difference is that you don't spout off your opinions and try to engage in meaningful debate despite only listening to half the story.

True

You wait until i know everything though

Oh yeah re players as intangible assets:

It is possible to list player contracts as intangible assets as long as they are below market value (IFRS3).

Dunno. But do you have her phone number, Paul?

That's you, me and nearly everebody else Macca!

There are a small percent on this forum who know what's happening, because they're involved directly.

Then there's a percentage who post like they're in the know, but really don't.

Then there's confused people, like you and me.

I want this Board out, because of their track record in miss-management, but I'm not taking anything anybody says as gospel.

Too much politics for me....

Which match did Diamandis play in then, Reg?

  The away leg of the Wilts County Shield....

But Diamandis hasn't got a leg to stand on...  :?

Thought it would of been the home one with the inept performance they put in reg

 nah....it was arranged at such short notice...we were strapped for players so Mickey thought WTF its my club, and I fancy a run out....there'll be no one there to watch.

 :D  :D  :D

My club, my board, my team.  I control SSW and St Modwen's.

Impressive stuff for someone who doesn't like speaking and wants to stay in the background.

I still have no idea what is going on regarding the clubs finances mind you.

Does anyone ?

No, not even the club by the sounds of it.  

One minute we have to pay the cva 900 grand by next june or we are history and the next we hear payment of the 900 grand in full is dependant on having a new stadium (if I understood Mikey boy correctly).

If the balance sheet says we were -14,000,000 5 years ago and now we are +2,000,000 then surely we can pay it and there is no 800K overspend?

these are pure greek mathematics!

Of course!!

I am christmas shopping tomorrow.  Think I will get a new calculator for Sandy G to replace that old abacus

That's what pisses me off, you have to read through the crap to get to the important bits.

Public forum though, so not much you can do about it.

I completely ignore anything posted by that Fred Elliot bloke now though.  :P :wink:

Im a cunt

I thought the greeks were pretty good at maths. I don't think our friendly director is quite pythagoras though.

 :D
Ha-Ha

i just realised he looks like that brian woolnough blokey

more reason to hate him

Strangely enough, I thought he actually sounded a bit like him at times :shock: