Thetownend.com

Councillor Nick Martin is still expecting Swindon Town to pay the debt they owe the Borough Council on time and in full.Under the terms of the Company Voluntary Agreement (CVA) brokered in August 2002, a payment of £900,000 is due on June 30 for the club to fulfil their obligations.

CVA supervisor Andrew Andronikou, who has the task of looking after the creditors' interests, last week stated that he has the discretion to "extend and vary" the deadline.

But Cllr Martin, who is Swindon Borough Council's lead member for finance and resources, confirmed the club still owes a "significant sum" and he has yet to be approached by Andronikou over the possibility of revising the date of payment.


While Andronikou has the option of seeking approval to extend the arrangement, the council, as a substantial creditor, are within their rights to apply to the court to contest any decision to change the date of payment.

And Cllr Martin insisted yesterday that any attempt to revise the deadline would be rebuffed by the council.

He said: "At this moment in time we are expecting the club to comply with the CVA and are expecting payment in the near future.

"Nobody has approached us with regards to extending the deadline and I can think of no good reason why we should consider that.

"We are going back four years and that money is owed to the people of Swindon by the football club's board of directors.

"My current instructions are not to accept any reduction in the terms or procrastination on the date of payment."

Andronikou maintains that the club is closing in on a potential new investor and the funds may be in place by the end of June to meet the final payment.

But fans remain sceptical and Supporters Trust chairman Paul Davis believes the club could only be a matter of weeks away from a "serious bombshell".

n Defender Andy Nicholas has been linked with a move to Stockport County. Out-of-contract Nicholas has yet to sign a new deal at the County Ground.

n Swindon have signed former Plymouth youth academy defenders Sean Morrison and Ben Tozer on apprentice forms and are also hoping to prize young striker Ben Joyce away from Home Park.

Game, set & match.

Andronikou - time to start explaining yourself.

gulp

I hate to say it, but told you so ...

Shit > Fan

Will the board of directors of STFC please close the door behind them on there way out.

http://www.cartoonstock.com/lowres/mly0582l.jpg

http://www.brillianttv.co.uk/timmymallett/images2/ox-utd-yellows.jpg

WDP = Busy bodies?

Nick Martin = Also a 'busy body'

I'm just amazed - especially with Bowden being such great mates with Roderick Bluh - that no one at the club appears to have discussed the matter with Swindon Council.

 8)

This is getting worrying now. All well and good if this leads to the boared going, somebody coming in a paying it off and everythiong being fine. But I'm worried the board will try and hold on even if it means the club collapsing beneath them

Correct. It doesn't appear that anybody at the club has discussed it with SBC.

However, Nick Martin at Scrutiny last week said that SBC had met with the club "at least a couple of times" and reiterated the situation.

So it looks as though the club go deaf when the council turn up.  :roll:

http://i183.photobucket.com/albums/x182/djsharpy69/countdown.jpg

9 working days to go!!  No great panic needed just yet then? :|

The good news .. im back from holiday and all refreshed

On holiday I had a dream

My footballing dreams are usually right

and I dreamt that Power took over and invited all members of the trust to the CG to celebrate in a party!!

Bring it on!!!!

Thanks God for that, i'll stop worrying now.

Is Fatbury some kind of profit, like Mohammed? Do we have to say 'Peace be upon him' everytime someone says his name?

Yes. Yes we do..................................

Yes, I wouldn't worry. They've got the £900k in the biscuit barrell in the kitchen. They've been having us on all along.  :shock:

You might want to edit that last post before it's discovered by any passing Islamic fundamentalists.

Andronikou the clock is ticking......................

With only days to play with now i fear we are doomed. Be good to have a clear statement from the board with hard facts with how they plan to get out of this one.

I think time running out by muse is a good song for this situation.

No no no, The Final Countdown by Europe.

The Only Way Is Up by Yazz and the Plastic Population.

Perhaps we should remain a little positive.

Grace - Its not over yet

The End - The Doors  :|

Sam you cheat. I said that first!  :wink:

I'm with Tails on this one

"bury it
I won't let you bury it
I won't let you smother it
I won't let you murder it

our time is running out
our time is running out
you can't push it underground
you can't stop it screaming out
how did it come to this?"

Quality!

Sam posted this a minute before you Sippo.  :nono:

ITS THE FINAL COUNTDOWWWWWWWWWN!

What would life be like without STFC?

Would be nice to atleast have the investor come out (if they exist) and say that they are in negotiations and if they get in they clear the CVA....

I blame the forum for being slow.  :mrgreen:

Surely we can't use that one until next Friday/Saturday, we listen to that for a week and we'll all end up Sonicyouth  :wink:

Great song though

"This is the end
Beautiful friend
This is the end
My only friend, the end
Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end
I'll never look into your eyes...again
Can you picture what will be
So limitless and free
Desperately in need...of some...stranger's hand
In our...desperate land ?....."

All singing at once to Andronikou:

Hate To Say I Told You So - The Hives


I just hope that either the club can deal with BP or a mystery investor soon enough. As much as I hate the fact they'll still be running the show, I'm not sure I could take STFC going bust.

I think you are more likely to hear our boardroom members and Diamond Mike singing this song from Dumbo, they have no intention of vacating the premises:

I saw a peanut stand, heard a rubber band,
I saw a needle that winked its eye.
But I think I will have seen everything
When I see an elephant fly.

I saw a front porch swing, heard a diamond ring,
I saw a polka-dot railroad tie.
But I think I will have seen everything
when I see an elephant fly.

I seen a clothes horse, he r'ar up and buck
And they tell me that a man made a vegetable truck
I didn't see that, I only heard
But just to be sociable I'll take your word

I heard a fireside chat, I saw a baseball bat
And I just laughed till I thought I'd die
But I'd be done see'n about everything
when I see an elephant fly.

:Ride On Fatbury's Lovestick:

THINGS CAN ONLY GET BETTER??


You can walk my path
You can wear my shoes
Let her talk like me
And be an angel too
But maybe
You ain't never gonna feel this way
You ain't never gonna know me
But I know you

Teach you now that
Things can only get better
Can only get, can only get
They get on from here
You know, I know that
Things can only get better

I sometimes lose myself in me
I lose track of time
And I can't see the woods for the trees
You set 'em alight, burning the bridges as you go
I'm too weak to fight you
I got my personal health to deal with

And you say
Walk my path
Wear my shoes
Talk like that
I'll be an angel and

Things can only get better
Can only get better
Now I've found you
(That means me)
(Will you teach me now)
Things can only get better
Can only get better
Now I've found you
And you and you

You show me prejudice and greed
And you show me how
I must learn to deal with this disease
I look at things now
In a different light than I did before
I found the cause
And I think that you could be my cure

And you say
Walk your path
Wear your shoes
Talk like that
I'll be an angel and

Things can only get better
Can only get better
Now I've found you
(That means me)
(Will you teach me now)
Things can only get better
Can only get better
Now I've found you
Things can only get, can only get

Things can only get, can only get

Things can only get, things can only get

Things can only get, can only get
Things can only get better
Can only get better
Now I've found you
(That means me)
(Will you teach me now)
Things can only get better
Can only get better
Now I've found you

He's a Wanker?

He's a wanker,
(he's a wanker)
he's a wank wank wank wank wanker

He's a wanker,
(he's a wanker)
he's a wank wank wank wank wanker

He's a wanker,
(he's a wanker)
he's a wank wank wank wank wanker...

He's a wank wank, wank wank,
wank wank, wank wank,
wank wank wank wank wanker


To the tune of Elton John's Candle in the wind (original version)

good ship STFC...

http://www.mcga.gov.uk/c4mca/cita2_sinking_ship.jpg

I  feel its going to be 'a long and winding road' to be honest.....

http://www.sadlybroke.com/images/stfc3.jpg

I wonder if they will be tempted to sign the NDA with the consortium at the last possible minute knowing that creditors will wait to see the outcome of those talks.

I really can't see SSW being willing to lose all the money that he is owed - but then if a certain Mr Diamandis has got anything to do with it, he will probably tell him his money is secure as he has it stashed under his matress for him.

I am convinced that they see the Consortium as their back up option.
If all else fails & they can't screw a few mill from the "investor."
That's why they have always stalled, & put barriers in the way, but not said no,

BTW, best song will be if we do go under/ have 10 points deducted etc is "I predict a Riot"

I think RUNAWAY will be the perfect song as well..

I'm going for Peaches - The Presidents of the United States of America.

It's all very exciting isn't it?

millions of peaches!
peaches for free!
millions of peaches!
peaches for me!

LOOKOUT!!!

did you know they were put in a can by a man down town?

in a factory?

End of the Line - by a relatively unknown band called Mohair

Precious time is slipping away
But you're only king for a day
it doesn't matter to which God you pray
Precious time is slipping away

It doesn't matter what route you take
Sooner or later the hearts going to break
No rhyme or reason, no master plan
No Nirvana, no promised land.

Van Morrison says " Clear out Board!"

How about My Way by Frank Sinatra (I think)

Thompson Twins - LIES - (for those old enough to remember like me)  :oops:

you told me you loved me
so i don't understand
why promises are snapped in two
and words are made to bend
(the bigger, the better)
some stolen from japan
collected from around the world,
they'll catch you if they can
(chorus)
lies lies lies yeah
lies lies lies yeah
lies lies lies yeah
do i have to catch you out
to know what's on your mind
well, cleopatra died for egypt,
what a waste of time
white ones and red ones
and some you can't disguise
twisted truth and half the news
can't hide it in your eyes
(REPEAT CHORUS)
you say you'll try harder
but i think it's just too late
well, the car is revving in the drive,
and i'm not the sort to wait
the bigger, the better
some nicked from old saigon
collected from around the world
love lies on and an and on and on and on and
lies lies lies yeah (they're gonna get you)
lies lies lies yeah (they won't forget you)
lies lies lies yeah (they're gonna get you)
lies lies lies yeah
oh you know i know
(REPEAT CHORUS)
oh you know i know
(REPEAT CHORUS)

...have highlighted the more prevelant lines.....

It's not being old enough that's embarrassing, it's having that intamate a knowledge of the Thompson Twins back catalogue.

You do well to blush!

 :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops:  :oops: ....wish I'd kept me mouth shut......... :old:

Give me just a little more time

By

Chairman of the Board



A bit old for a lot of you but a great little tune in the early 70's

Very apt indeed

you want to see us burn by the bronx seems quite apt

Another for the oldsters ( like me)  from The Sweet

North stand , South stand
Little Willy, Willy wears the crown, he's the king around town
Dancing, glancing
Willy drives them silly with his star-shine shimmy, shuffle down
Way past one, and feeling alright
'Cause with little Willy 'round they can last all night
Hey down, stay down, stay downtown

'Cause little Willy Carson won't go home
But you can't push Willy 'round, Willy won't go
He only wants his money but, oh no
Little Willy Carson won't go home