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25% => The Boardroom => Topic started by: STFC_Gazzza on Tuesday, July 3, 2007, 10:06:54



Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC_Gazzza on Tuesday, July 3, 2007, 10:06:54
http://www.swindontownfc.premiumtv.co.uk/page/NewsDetail/0,,10341~1066259,00.html


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 10:08:59
oh dear. that doesn't bode well...

"the Wills family and Mike Diamandis have managed to attract significant investment to form a New Consortium"

so nothing's going to change, is it?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 10:09:53
Hmmmm does it get rid of Diamandis though, I'll await names before getting too excited


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC_Gazzza on Tuesday, July 3, 2007, 10:11:13
SOME people are never happy...


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Barry Scott on Tuesday, July 3, 2007, 10:12:48
It does say the board will change though. I think it seems very positive, and i'm trying not to read between the lines.

The fact that it mentions MD and Wills Family does not imply they are part of the new board. It's just, as usual, a rather ambiguous statement.

I have a smile on my face, that's all the matters currently.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 10:13:36
what's there to be happy about? there is notihng material and it suggests this new consortium will be headed up by the same people, so it's hardly something worth getting excited about.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Tuesday, July 3, 2007, 10:16:43
8 weeks until due dilligence?!?!

If they were that serious they'd be in there tomorrow.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: wokinghamred on Tuesday, July 3, 2007, 10:18:22
It does say that the consortium will 'commence due diligence'.

That implies it is new outside investment, becasue if it was just the current lot it would not be necessary.

But equally it means they have not started looking at the books yet. So once they have, it could fall apart in no time.

It will be a tense 8 weeks!!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC_Gazzza on Tuesday, July 3, 2007, 10:18:28
I guess people want proof, names etc... I guess it is another 8 weeks to people to find a new investor....


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Iffy's Onion Bhaji on Tuesday, July 3, 2007, 10:19:18
well im open minded for a while now. lets wait and see what changes are made and who is behind the investment before we start moaning. this could be a good thing who knows?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Tails on Tuesday, July 3, 2007, 10:19:23
Good news for the club no question.

Would be nice if we could all get behind the team and go places.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 10:19:51
Didn't notice that eight weeks bit, very strange


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 10:21:14
Quote from: "STFC_Loyalist"
I guess people want proof, names etc... I guess it is another 8 weeks to people to find a new investor....


also another eight weeks before the CVA will be paid.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OOH! SHAUN TAYLOR on Tuesday, July 3, 2007, 10:25:34
The 8 weeks part refers to when the 'new consortium' actually take over which I suppose is roughly how long these things take.

The actual due dilligence procedure I guess will begin almost immediately.

I will refrain from getting overly excited until we're  told who these people are and we actually get to see them.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC_Gazzza on Tuesday, July 3, 2007, 10:26:39
If true that means the current board will be gone which is what everyone wanted anyway.....


Title: NEW CONSORTIUM TO TAKE OVER
Post by: thepeoplesgame on Tuesday, July 3, 2007, 10:27:40
Quote from: "Barry Scott"
It does say the board will change though.


Neither Mike Diamandes nor Seton Wills are currently on the board, so the board changing does not necessarily mean there will be a change in who controls the club.

They've bought the club some time (a good thing) but also themselves (not so good).


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Iffy's Onion Bhaji on Tuesday, July 3, 2007, 10:27:53
Quote from: "STFC_Loyalist"
If true that means the current board will be gone which is what everyone wanted anyway.....


well don't be to sure just yet. they haven't said they are all buggering off have they. just that there will be shakes ups in the backroom staff


Title: NEW CONSORTIUM TO TAKE OVER
Post by: random_five on Tuesday, July 3, 2007, 10:28:42
Any new consortium or investor would have their own people on the Board, looks like goodbye to at least some of the current cronies, assuming the statement is true.

As a sceptic, I still can't help thinking this must surely be positve news..


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Barry Scott on Tuesday, July 3, 2007, 10:29:26
Quote from: "sonic youth"
what's there to be happy about? there is notihng material and it suggests this new consortium will be headed up by the same people, so it's hardly something worth getting excited about.


Cheer up. It says nothing concrete, it's ambiguous and just makes me feel happy that we could move forward.

It says fuck all, which confirms one way or t'other whether the current board will be part of the new consortium.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Bushey Boy on Tuesday, July 3, 2007, 10:29:45
I am just glad the club can now pay the CVA


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OOH! SHAUN TAYLOR on Tuesday, July 3, 2007, 10:30:28
Quote from: "Bushey Boy"
I am just glad the club can now pay the CVA


You reckon?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Tails on Tuesday, July 3, 2007, 10:31:28
Same Bushey, at least we know we'll have a club now.... I think?! It doesn't actually mention if the CVA is sorted.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OOH! SHAUN TAYLOR on Tuesday, July 3, 2007, 10:32:38
Quote from: "Tails"
Same Bushey, at least we know we'll have a club now.... I think?! It doesn't actually mention if the CVA is sorted.


Yes. And notice it doesn't actually say who these 'investors' are :?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Bushey Boy on Tuesday, July 3, 2007, 10:32:47
Quote from: "OOH!  SHAUN TAYLOR"
Quote from: "Bushey Boy"
I am just glad the club can now pay the CVA


You reckon?


yeah, it says immediate financial blah blah which to me is the CVA


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Tails on Tuesday, July 3, 2007, 10:33:57
Quote from: "OOH!  SHAUN TAYLOR"
Quote from: "Tails"
Same Bushey, at least we know we'll have a club now.... I think?! It doesn't actually mention if the CVA is sorted.


Yes. And notice it doesn't actually say who these 'investors' are :?


I'm sure we'll find out.

I know the board are a bunch of clowns, but even they wouldn't be stupid enough to put out an announcement like this when it's complete rubbish...Surely..


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 10:34:52
Is this good news?  On the face of it yes, but the statement is so vague that it could mean virtually anything.

My interpretation (which could well be wrong) is that the Wills and Diamandis will still be involved as major shareholders but that someone (or a group of people) are buying in, and that these people are essentially going to run the club.

Will Diamandis still be "general manager"? Does this confirm that he has a shareholding in the holding co? Does this mean we have seen the last of ALL the current board? (please god yes)

This should stop anybody from issuing a winding up order in the 8 weeks hopefully, so thats a positive at least. I supported the Fans consortium but it has been evident for months now that it wasnt going to happen.  IF Daimandis position has been significantly weakened by this move, the current board are going to fuck off,  the CVA will be paid, and there will be additional investment in the playing side, then this looks pretty positive to me. It just remains to be seen whether that is actually the case.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Barry Scott on Tuesday, July 3, 2007, 10:34:56
Quote from: "thepeoplesgame"
Quote from: "Barry Scott"
It does say the board will change though.


Neither Mike Diamandes nor Seton Wills are currently on the board, so the board changing does not necessarily mean there will be a change in who controls the club.

They've bought the club some time (a good thing) but also themselves (not so good).



Quote from: "Barry Scott"
i'm trying not to read between the lines


I'm ignoring this thread now, too much negative energy; it's messing with my chakras man.

I'm happy for the time being. It's unfortunate that the statement is ambiguous, but we know nothing as fact. We can but wait.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Panda Paws on Tuesday, July 3, 2007, 10:34:58
Quote from: "OOH!  SHAUN TAYLOR"
Quote from: "Tails"
Same Bushey, at least we know we'll have a club now.... I think?! It doesn't actually mention if the CVA is sorted.


Yes. And notice it doesn't actually say who these 'investors' are :?


Nail on the head.

I read through the statement then the two pages here and nobody has said WHO wants to put money in!!!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Tuesday, July 3, 2007, 10:36:19
Quote from: "Tails"
I know the board are a bunch of clowns, but even they wouldn't be stupid enough to put out an announcement like this when it's complete rubbish...Surely..


Now they wouldn't, but I'm sceptical about Diamandis' involvment with this 'new consortium'.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: mexico red on Tuesday, July 3, 2007, 10:36:51
i think we have to welcome this although cautiously, any outside investment is better than we currently have, however i will hold my breath until we know who it is and what there exact plans are.

the fundamental centerpiece is that we will avoid liquidation. lets all keep our fingers crossed.

the one sticking point is the power/shares issue, i can see him being made a scapegoat and being seen to be preventing the club from moving forwards. diamandis will make power out to be the big bad wolf.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: fatbury on Tuesday, July 3, 2007, 10:36:55
I assume this means NOT Power???

I did hear a rumour ... and it may only be a rumour but no one else has picked up on it but you can take it with a pinch of salt as im not sure how reliable it is..

Rupert Lowe might be involved in the New Consortium - I believe hes a personal friend of SSW ... and has been looking for a new venture since leaving Southampton ... and he lives in Newbury

Might he be at the head of his???

I have to say that Im only really interested in a consortium that involves Bill Power - the trust and the fans ... not with the same old idiots involved in any capacity - if Wills, Gray, Diamanis or Holt are involved I dont want it thank you very much!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Bushey Boy on Tuesday, July 3, 2007, 10:38:18
youd rather the club go under fatters?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC_Gazzza on Tuesday, July 3, 2007, 10:39:52
Quote from: "fatbury"
I assume this means NOT Power???

I did hear a rumour ... and it may only be a rumour but no one else has picked up on it but you can take it with a pinch of salt as im not sure how reliable it is..

Rupert Lowe might be involved in the New Consortium - I believe hes a personal friend of SSW ... and has been looking for a new venture since leaving Southampton ... and he lives in Newbury

Might he be at the head of his???

I have to say that Im only really interested in a consortium that involves Bill Power - the trust and the fans ... not with the same old idiots involved in any capacity - if Wills, Gray, Diamanis or Holt are involved I dont want it thank you very much!


You truly are a spastic


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 10:40:10
"taking over from the current board in 8 weeks" indcates that sandy, bob and chums will be fucking offski if this goes ahead.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Bushey Boy on Tuesday, July 3, 2007, 10:40:15
um on adver site it says the consortium has backing of sturrock.  If so it cant be lowe as he sacked him?!?!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Tails on Tuesday, July 3, 2007, 10:41:35
Quote from: "fatbury"
I assume this means NOT Power???

I did hear a rumour ... and it may only be a rumour but no one else has picked up on it but you can take it with a pinch of salt as im not sure how reliable it is..

Rupert Lowe might be involved in the New Consortium - I believe hes a personal friend of SSW ... and has been looking for a new venture since leaving Southampton ... and he lives in Newbury

Might he be at the head of his???

I have to say that Im only really interested in a consortium that involves Bill Power - the trust and the fans ... not with the same old idiots involved in any capacity - if Wills, Gray, Diamanis or Holt are involved I dont want it thank you very much!


Fuck off and support someone else then.

We won't miss you.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Tuesday, July 3, 2007, 10:41:41
Quote from: "Bushey Boy"
um on adver site it says the consortium has backing of sturrock.  If so it cant be lowe as he sacked him?!?!


he'll get over it pretty quick if he's paying his wages.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Dirk Diggler on Tuesday, July 3, 2007, 10:41:53
Some of you people are unbeliavable. You would rather that the club went to the wall as long as you had the forum to moan about it.

Try to think of it as a) The continuation of the club, b) The possibility of some good quality signings, c) The possibility of a ground refurbishment.

Quite frankly as a supporter of 40 years standing I am glad that the "political bullshit" that you lot have been spouting will surely be coming to an end!- Trust my arse!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: fatbury on Tuesday, July 3, 2007, 10:42:00
Quote from: "Bushey Boy"
um on adver site it says the consortium has backing of sturrock.  If so it cant be lowe as he sacked him?!?!


would explain why its been said!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 10:43:21
Quote from: "fatbury"
Quote from: "Bushey Boy"
um on adver site it says the consortium has backing of sturrock.  If so it cant be lowe as he sacked him?!?!


would explain why its been said!


No it wouldnt. Sturrocks going to back anyone investing in the club that gives him additional transfer funds and /or wage budget. Fuck me its not Rocket Science is it.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: mexico red on Tuesday, July 3, 2007, 10:44:44
Quote from: "Dirk Diggler"
Some of you people are unbeliavable. You would rather that the club went to the wall as long as you had the forum to moan about it.

Try to think of it as a) The continuation of the club, b) The possibility of some good quality signings, c) The possibility of a ground refurbishment.

Quite frankly as a supporter of 40 years standing I am glad that the "political bullshit" that you lot have been spouting will surely be coming to an end!- Trust my arse!


as a trust board member i take umbrage at that. all we want is the survival of this club, as i said previously i welcome this cautiously, we dont know fuck all about who it is or what there plans are. however it seems good news, but we dont really know do we?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OOH! SHAUN TAYLOR on Tuesday, July 3, 2007, 10:44:45
Quote from: "Bushey Boy"
um on adver site it says the consortium has backing of sturrock.  If so it cant be lowe as he sacked him?!?!


True. Then again, Sturrock releseased Peacock from Wednesday and they seem to be getting on ok now.

It depends on what exactly the circumstances were at Southampton when Sturrock got the elbow as to how he would react to Lowe coming here. If it is indeed Lowe. If indeed there is such a consortium.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Tuesday, July 3, 2007, 10:45:16
Quote from: "Dirk Diggler"
Some of you people are unbeliavable. You would rather that the club went to the wall as long as you had the forum to moan about it.

Try to think of it as a) The continuation of the club, b) The possibility of some good quality signings, c) The possibility of a ground refurbishment.

Quite frankly as a supporter of 40 years standing I am glad that the "political bullshit" that you lot have been spouting will surely be coming to an end!- Trust my arse!


Excuse us for being cynical, but we've been span so much bullshit these last few years I think we're right to be at least a bit sceptical until full details are revealed.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 10:51:56
Quote from: "Dirk Diggler"
Some of you people are unbeliavable. You would rather that the club went to the wall as long as you had the forum to moan about it.


i'd rather see the club go under than survive on life support under the ownership of the wills family and diamandis. call it euthanasia if you will.

Quote from: "Dirk Diggler"
Try to think of it as a) The continuation of the club, b) The possibility of some good quality signings, c) The possibility of a ground refurbishment.


if the new consortium takeover the club entirely and involvement of the wills family and diamandis ceases, i will be absolutely thrilled. totally delighted. however, if this just means new board members controlled by the same ownership then essentially nothing will change, so the likelihood of the above three scenarios happening is minimal.

Quote from: "Dirk Diggler"
Quite frankly as a supporter of 40 years standing I am glad that the "political bullshit" that you lot have been spouting will surely be coming to an end!- Trust my arse!


bollocks. every single one of the trust members cares passionately about the future of this football club. none of us have enjoyed this political bullshit, least of all myself.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC Bart on Tuesday, July 3, 2007, 10:52:08
Any consortium that involves the current board members will be bad news

I imagine we will be in Chippenham in a couple of years- this board have no intention of staying in Swindon or why upset the council.

How will you lot react then when we end up a franchise


Title: NEW CONSORTIUM TO TAKE OVER
Post by: fatbury on Tuesday, July 3, 2007, 10:53:33
Quote from: "sonic youth"
Quote from: "Dirk Diggler"
Some of you people are unbeliavable. You would rather that the club went to the wall as long as you had the forum to moan about it.


i'd rather see the club go under than survive on life support under the ownership of the wills family and diamandis. call it euthanasia if you will.

Quote from: "Dirk Diggler"
Try to think of it as a) The continuation of the club, b) The possibility of some good quality signings, c) The possibility of a ground refurbishment.


if the new consortium takeover the club entirely and involvement of the wills family and diamandis ceases, i will be absolutely thrilled. totally delighted. however, if this just means new board members controlled by the same ownership then essentially nothing will change, so the likelihood of the above three scenarios happening is minimal.

Quote from: "Dirk Diggler"
Quite frankly as a supporter of 40 years standing I am glad that the "political bullshit" that you lot have been spouting will surely be coming to an end!- Trust my arse!


bollocks. every single one of the trust members cares passionately about the future of this football club. none of us have enjoyed this political bullshit, least of all myself.


Well said Sonic!!!
Hear Hear!
 :goodpost:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 10:56:09
as an aside, if it is rupert lowe then i wouldn't exactly be thrilled either...


Title: NEW CONSORTIUM TO TAKE OVER
Post by: dell boy on Tuesday, July 3, 2007, 10:56:46
I doubt if any current staff will be moving on, message I received last Friday.



I am very very hopeful that on Monday we will finally be able to put out
the type of positive statement that the fans of this club deserve...and
despite all the rumours/worries re June 30th no-one here is going to be
looking for alternative employment next week...

I appreciate your patience must be wearing thin but please bear with me
on this one...



That was the reason I was so confident a message would come on Monday.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OneAndrewFitton on Tuesday, July 3, 2007, 10:57:55
I think we can clearly say that the consortium is not the fans consortium and it looks like bill's chances of taking over the club are over.  :(


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 10:58:02
so your awesome wonderful know-it-all source is ben lambert?

ben's a nice bloke but i don't think he knows much more about what is happening at stfc than the rest of us.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC4LIFE on Tuesday, July 3, 2007, 10:59:00
Quote from: "dell boy"
I doubt if any current staff will be moving on, message I received last Friday.



I am very very hopeful that on Monday we will finally be able to put out
the type of positive statement that the fans of this club deserve...and
despite all the rumours/worries re June 30th no-one here is going to be
looking for alternative employment next week...

I appreciate your patience must be wearing thin but please bear with me
on this one...



That was the reason I was so confident a message would come on Monday.

Bullshit


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OneAndrewFitton on Tuesday, July 3, 2007, 11:00:02
Quote from: "dell boy"
I doubt if any current staff will be moving on, message I received last Friday.



I am very very hopeful that on Monday we will finally be able to put out
the type of positive statement that the fans of this club deserve...and
despite all the rumours/worries re June 30th no-one here is going to be
looking for alternative employment next week...

I appreciate your patience must be wearing thin but please bear with me
on this one...




That was the reason I was so confident a message would come on Monday.


Cut the crap dell  :soapy tit wank:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Tuesday, July 3, 2007, 11:00:13
Quote from: "sonic youth"
so your awesome wonderful know-it-all source is ben lambert?

ben's a nice bloke but i don't think he knows much more about what is happening at stfc than the rest of us.


Was it the ... at the end that gave it away?  :D


Title: NEW CONSORTIUM TO TAKE OVER
Post by: RobertT on Tuesday, July 3, 2007, 11:00:21
Isn't the statement just a rather wordy way of saying what they have in the past few weeks?  it doesn't state the deal is done, it doesn't say it is, it doesn't state the way it will be done, how they will operate etc.

Now, that's not to say that if this does indeed turn out to be a TAKEOVER by someone outside the current lot, and Diamandis/Dunwoody are exorcised from the club, then I would support it whole heartedly (subject to knowing their intentions).

We need to know the following really:

a) How much money is involved
b) What are they clearing (debt wise)
c) What are their future plans - I want a commitment to never moving outside of Swindon or at the very worst the immediate area (meaning Bassett at an absolute push).
d) Who will be involved in running the club (not just employed people, but anyone with an influence)
e) Will we get a cast iron guarentee that the people who got us where we are today fuck off for good
f) which is more of a like to have, what will their plans be to involve fans to ensure this horrible situation never happens again.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 11:01:40
one things for sure.the board are doing their best to stop the consortium with bill power getting anywhere near the club.
there is still so much i'd like to know, about what actually happend between them etc,etc.
still fucking confused am i


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 11:01:57
Quote from: "Samdy Gray"
Quote from: "sonic youth"
so your awesome wonderful know-it-all source is ben lambert?

ben's a nice bloke but i don't think he knows much more about what is happening at stfc than the rest of us.


Was it the ... at the end that gave it away?  :D


yes...it was...


Title: NEW CONSORTIUM TO TAKE OVER
Post by: DiV on Tuesday, July 3, 2007, 11:07:06
I cant be arsed to read everything, so....

will this new consortium pay Bill back his money?

why have the board had to get a new consortium to pump money in when they had one ready and waiting.

why are the board so against Power and the Trust, so much so they'd actually risk the long term future of the club.....unless this new consortium has been up their sleeve for the best part of a year.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: townforever on Tuesday, July 3, 2007, 11:10:12
Major and most important factors are:

1. New Cash (CVA Payment & Sturrock's Spending money for Players)

2. Any new Investor Will most likely have made or earn't money in "proper business"  and therefore will have a good business acumen

3. Any New investor will want to bring his own people in to run key (off Field) positions in the club.

4. If they have previous back ground in footballo, they will know that to ensure the long term future of STFC ground redevlopment will be require (and it seems that they have a few £££'s

I think as Mexcio said Open minds are required. The new Incumbents can't change everything overnight :D  but Please lets hope that they made good choices early.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: DiV on Tuesday, July 3, 2007, 11:10:45
also what are the odds on a falling out in september?!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC Bart on Tuesday, July 3, 2007, 11:14:43
Does this include Diamandis and Wills?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC4LIFE on Tuesday, July 3, 2007, 11:18:59
My dad has just rang me, after he had been rang by someone.
Apparently everything has already been signed, and the current board wont be here when it is all finished.
The bloke that told my dad was the same person that told him that Andy King was about to be sacked and Mark Devlin was going to return when it happened.
Thats if anyone wants to go through the L&P Forum and have a look.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Tuesday, July 3, 2007, 11:20:02
i sincerely hope thats true. good work if it is.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC Bart on Tuesday, July 3, 2007, 11:20:03
I have heard it consists of Wills, Diamandis and another

Very bad news if this is true


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 11:21:14
Quote from: "STFC4LIFE"
My dad has just rang me, after he had been rang by someone.
Apparently everything has already been signed, and the current board wont be here when it is all finished.


personally i've not got anything against bob and co, i want rid of the wills family and diamandis - any idea if they'll be gone?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Summerof69 on Tuesday, July 3, 2007, 11:21:15
Personally, I don't trust our board as far as I could throw them, and I believe it's just another delaying tactic.

Why 8 weeks for due diligence? The takeover of Liverpool took a matter of a couple of weeks, and why still no name ?

If there is a new takeover that gets rid of entirely the current incumbents all well and good, but there is a nagging doubt in my head that it's a pile of spin.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Bogus Dave on Tuesday, July 3, 2007, 11:21:54
I heard it consists of the devil, hitler and saddam hussein.

Very bad news if this is true.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Tuesday, July 3, 2007, 11:22:18
probably still better than it is at the moment.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC4LIFE on Tuesday, July 3, 2007, 11:23:29
Quote from: "sonic youth"
Quote from: "STFC4LIFE"
My dad has just rang me, after he had been rang by someone.
Apparently everything has already been signed, and the current board wont be here when it is all finished.


personally i've not got anything against bob and co, i want rid of the wills family and diamandis - any idea if they'll be gone?

I'll post something later, the person who told me dad is up in Swindon today and will be finding out more.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 11:24:17
thaksin shinawatra?

karren brady & the pornstars (forgotten their name, beardy bloke)?

bill power in disguise?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: McLovin on Tuesday, July 3, 2007, 11:24:20
Erm, what if they look at the books in 8 weeks time and decide its a ludicrously bad investment? Okay that's too negative.

My major concern is that we won't see any money for at least those 8 weeks , which in turn means the CVA remains unpaid for at least this length of time. That could prove a little bit problematic...


Title: NEW CONSORTIUM TO TAKE OVER
Post by: DiV on Tuesday, July 3, 2007, 11:24:30
what?! you cant take Gary Stanleys job as official 'know it all' its taken years of ass kissing for him to get the role.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC4LIFE on Tuesday, July 3, 2007, 11:26:03
Quote from: "DV"
what?! you cant take Gary Stanleys job as official 'know it all' its taken years of ass kissing for him to get the role.

 :soapy tit wank:
I'm not saying I know it all, just what I have been told.
I also not saying it's true, just passing it on.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 11:27:25
to be fair, dean's a good lad and he's been right about stuff in the past so i'm inclined to listen to him.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 11:27:41
i had heard at the tail end of last season that there was an investor in the pipeline.had no names but knew there deffo was one in talks at least.whether thats the same one-ones i dont know and i'm sceptical to say the least about all of this


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Tuesday, July 3, 2007, 11:28:43
I've just read this thread without reading the statement. Hahaha, you make me laugh. This statement better be good.

Oh and abusing fatbury isn't big or clever. I'm especially disappointed in you tails.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: mexico red on Tuesday, July 3, 2007, 11:32:31
pure speculation but i have heard from a reliable source its the wills family en masse. as i said speculation but this source has got things right before.

this beats transfer speculation :D


Title: NEW CONSORTIUM TO TAKE OVER
Post by: herthab on Tuesday, July 3, 2007, 11:33:24
My mood is 'quietly optimistic'.

You can either be like Bart and pick holes in it (God I hope it does mean MD and SSW are out of the picture, then I wouldn't have to read his bitching, moaning posts all the time!).

Or you can remain open minded and wait for it all to come out.

Nothing wrong with being a bit sceptical, but to look completely on the negative is just as bad as totally believing it.

Lets wait and see and have our fingers crossed that it really is the dawn of a new era    :D


Title: NEW CONSORTIUM TO TAKE OVER
Post by: TalkTalk on Tuesday, July 3, 2007, 11:38:36
Incidentally if I was in the Revenue's or SBC's shoes I would bang that Winding Up Petition in anyway, to speed the process up.

As in "so if you say you've got this money coming in then you won't have a problem in paying the CVA before this petition hits the court, will you?"

Call the bluff...


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 11:40:56
i think as fans the least we should expect is for the cva to be paid(power would pay it)
and for the club to have a realistic vision for the future(like the fans consortium has)
anything less aint good enough imo


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Tuesday, July 3, 2007, 11:43:34
Am I missing something or does it just say "we've got an investor" again, but in nice new shiny words? 8 weeks seems like a long time, especially when they've apparently been in talks with investors for months.

On a positive side, if it is true, it could be that with the impending financial doom. Diamandis and Sir Seton have been forced to accept investment which means them loosing more control than they would have liked.

Or maybe Sir Seton has finally had enough and told Diamandis to get on his bike, and there was some truth in that odd braking ties with Dunwoody statement a few weeks back.

Basically it's a statement of nice words which don't really say anything. Infact one of the better written statements to come out of STFC for a while. Much better than last weeks "Everything will be ok!" jobby.

So can we all stop shouting each other about how we've got to support this or not support this and just wait and see. We still know nothing, so it all seems a bit pointless.

And Loyalist, we all know fatbury has his problems, but calling him a spastic is a bit out of order.

And Tails, I'd miss fatbury, leave him alone.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Phil_S on Tuesday, July 3, 2007, 11:44:28
The reason why I can't get excited about this is that we know nothing much more.
There are a few on this forum, who seem to think some cash in to the club, cures all the problems. Thats a bit like saying that giving cash to Robert Mugabe will cure the problems in Zimbabwe. That one is for you Bobby boy)
Unless the way the club is run is changed, nothing will change.  If the investment is £5,000,000 it will take approx 1 year to empty the coffers again. I don't want to go through all of this in a years time, so as far as I am concerned the way the club is run needs to be changed. (I doubt even Chelski spend 1.5 million on "Admin")
Don't forget, that we've heard all of this before. The deal described sounds EXACTLY like the deal that the Wills family did with Brady, & Blatchley. That didn't work because the redevelopment didn't, & this won't because the club will not be allowed to redevelop the CG the way they want to. (Loads of Houses)
They also said they were going to go into an NDA with "our" consortium, & then attached impossible demands to it... It was merely a stalling tactic.
I ask myself, what has this new deal got for them, that the fans consortium didn't have. The answer has to be MONEY (for them), AND CONTROL.
There is of course an outside chance that I could be totally wrong, & that the new investment is a complete take over, but I really can't see that.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 11:48:15
yeah,whats the crack with the spastic insults and telling fatbury to fuck off just for giving his opinion?
i know who looks the bigger pair of fools to me


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 11:49:41
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Tuesday, July 3, 2007, 11:50:50
Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


its on the bbc website- new monkey post.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Phil_S on Tuesday, July 3, 2007, 11:52:10
Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


Well if that IS the case it's the worst possible outcome.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 11:52:16
Quote from: "axs"
Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


its on the bbc website- new monkey post.


There ends all excitement about this in my eyes then, just effectively a boardroom reshuffle and papering over the cracks....how wonderful


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Dale_STFC on Tuesday, July 3, 2007, 11:52:19
From the BBC Website!

'Dynamic' changes

He added that the club was now hoping to make it into the Championship, and would stay at their current ground.

"The consortium has the support of Paul Sturrock and his team, and will bring to the club an added dimension that will both secure and enhance the standard of football at the County Ground.

"It has been a long time coming but the board feel they have at last found the solution that will disperse forever the 'dark financial clouds' that have for too long hung over ground," he added.

If approved, "dynamic" changes are expected in the structure and make-up of the board and off-field management team.

The Wills family have two directors on the club's board (Sir Seton and son James), and remain the majority shareholder.

http://news.bbc.co.uk/1/hi/england/wiltshire/6264980.stm


Title: NEW CONSORTIUM TO TAKE OVER
Post by: pauld on Tuesday, July 3, 2007, 11:54:01
Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?

I think that's just one reading of the statement rather than inside info. The article on the Beeb website also says "The Wills family have two directors on the club's board (Sir Seton and son James)" which isn't correct - SSW is not on the board, so I'd guess this has been written by a staff journo from the statement and "general info" files rather than someone who knows STFC well.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Tuesday, July 3, 2007, 11:55:30
I think the Wills/Diamandis/Other bloke consortium idea is pure speculation. The media only have the same statement that we we're given, they're just twisting it slightly and making something out of nothing.

At the moment we still don't have any facts, just "sources" and hunches.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 11:56:26
The statement does read that the Wills & MD have "managed to attract significant investment to form a new consortium" Which says they are still invloved.

It then goes on to say "... with the view to taking over from the current board within the next 8 weeks" which clearly indicates that whoever the new investor is wants their own people on the board.

What we dont know is how much influence the new investor will have in terms of shareholding, and whether MD will contiune to interfere with the day to day running of the club


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Tuesday, July 3, 2007, 11:57:34
this whole idea can go either way based on the exact wording used - it's impossible to tell which way they mean from the statement.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 11:58:44
its seems highly likely to me that some, if not all the current board will still have some stake or other in the club.
i still think they hope to make money out of the club at some time in the future.maybe the new investor will allow them to do so


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 11:59:34
What worries me is that Dunwoody ended their contract with STFC the other week which will now mean that Diamandis could become officially part of say the Consortium without the obvious conflict of interest accusations.
It all jusst seems a bit convenient, I'll wait for more details before getting excited as there has been far too many false dawns.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 12:02:23
Quote from: "glos_robin"
What worries me is that Dunwoody ended their contract with STFC the other week which will now mean that Diamandis could become officially part of say the Consortium without the obvious conflict of interest accusations.
It all jusst seems a bit convenient, I'll wait for more details before getting excited as there has been far too many false dawns.



good point.hardly a coincidence me thinks


Title: NEW CONSORTIUM TO TAKE OVER
Post by: dell boy on Tuesday, July 3, 2007, 12:05:39
Quote from: "arriba"
its seems highly likely to me that some, if not all the current board will still have some stake or other in the club.
i still think they hope to make money out of the club at some time in the future.maybe the new investor will allow them to do so
 :goodpost:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Phil_S on Tuesday, July 3, 2007, 12:11:11
Quote from: "dell boy"
Quote from: "arriba"
its seems highly likely to me that some, if not all the current board will still have some stake or other in the club.
i still think they hope to make money out of the club at some time in the future.maybe the new investor will allow them to do so
 :goodpost:


Dead right. What I don't think they realise is how much they have alienated the local residents, council, & majority of fans.
The mega (lots of houses), development they want to achieve these vast profits will NOT happen.
It's the Brady situation all over again.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 12:14:53
None of the existing board are listed as shareholders apart from James wills.

Having said that, we all know through recent events that they may not be 100% on the ball when issuing share certificates :wink:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Iffy's Onion Bhaji on Tuesday, July 3, 2007, 12:18:00
what i'm confused about is that isn't SSW the majority shareholder. If this is a "takeover" then surely he will be selling his shares to the new investor(s) and he won't need to be on the board? Diamandis is not actually on the board at all and neither is he a shareholder. am i right in saying so? so i fear he could become a board members with the investor(s) and his/their right hand men?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: strooood on Tuesday, July 3, 2007, 12:18:04
the way i see it, and i try as hard as possible to keep my head in the sand on these matters, is that the 'takeover' is just diamandis getting promoted to a demi-ownership role, merely increasing his stature behind the scenes- alongside SSW (no change there) and someone with cash (good news if it sorts out our existence).

Diamandis of course who, correct me if im wrong, was only not an official part of the set-up because of previous wrongdoings.

i think i might be missing something, how can this be an improvement?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Simon Pieman on Tuesday, July 3, 2007, 12:19:55
If it's a proper takeover with outside investment, from a businessmen/women with a decent knowledge of football I will be reasonably happy.

Ok we don't know the ins and outs, we don't know what their plans for a stadium will be, what their level of investment will be or even if they will invest at all.

8 weeks isn't very long for due dilligence considering the accounting system must be crap. Chances are any investor worth their salt would hire an outside audit team and have a team of lawyers inspecting everything.

Quietly optimistic but guarded would be the best way to sum up my reaction.

Not that I think it's Rupert Lowe, but if it was him and others (with football knowledge) I'd still be reasonably pleased, if the details were right. Lowe did a sound financial job at Southampton. What buggered things up was that he sacked every manager within 5 minutes.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 12:20:13
The statement also states that the investor has both "knowledge of football" and the "financial status to support the football club" which could perhaps lend weight to the Rupert Lowe theory.  It at least indicates that the investor or some of their team has some history in football.

Any other thories about former board members at other clubs who have since left? That Theo Papitis fella from Millwall? Some geezer from QPR who's name I've forgotten? :wink:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Iffy's Onion Bhaji on Tuesday, July 3, 2007, 12:22:51
Sam Hamman  :| Firoz Kassam  :|  oh fuck.....


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC Bart on Tuesday, July 3, 2007, 12:26:26
From the noises coming out of STFC Diamandis and Wills remain involved.  No improvement then.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Simon Pieman on Tuesday, July 3, 2007, 12:26:55
Lowe is a hockey man and a rugby fan. His lack of knowledge in football became his undoing. If it's Rupert alone, the football experience factor is bollocks, which is why I don't think it's Rupert Lowe.

What was it Souness said? 'He must be the only Rupert in football' or something like that.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: dell boy on Tuesday, July 3, 2007, 12:27:10
How about this bizarre idea or is it .... Bill Power going alone without The Trust/Consortium!!!!

He has the money, he has the experience of running a football club, and he is interested in taking over Swindon Town FC.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Fred Elliot on Tuesday, July 3, 2007, 12:27:11
Quote from: "Si Pie"

8 weeks isn't very long for due dilligence considering the accounting system must be crap


I read it Si that due dilligence will START within 8 weeks............not concluded.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Arriba on Tuesday, July 3, 2007, 12:27:40
lowe hired and fired sturrock didn't he?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Fred Elliot on Tuesday, July 3, 2007, 12:28:14
Yes arriba


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Tuesday, July 3, 2007, 12:28:44
I think this thread is going round in circles.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 12:29:07
Quote from: "dell boy"
How about this bizarre idea or is it .... Bill Power going alone without The Trust/Consortium!!!!

He has the money, he has the experience of running a football club, and he is interested in taking over Swindon Town FC.


Seems pretty fucking unlikley to me, although I can think of worse scenarios to be honest.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Simon Pieman on Tuesday, July 3, 2007, 12:31:31
Quote from: "Fred Elliot"
Quote from: "Si Pie"

8 weeks isn't very long for due dilligence considering the accounting system must be crap


I read it Si that due dilligence will START within 8 weeks............not concluded.


with the view to taking over within the next 8 weeks.

kinda means it would have to be complete within 8 weeks would it not?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: reeves4england on Tuesday, July 3, 2007, 12:34:49
Quote from: "STFC Bart"
From the noises coming out of STFC Diamandis and Wills remain involved.  No improvement then.
Erm, yeh, except that there have been dozens of posts already showing that the noises coming out of the club are very unclear.

You have your opinion and that's afir enough, but there's no need to make up a load of bollocks to convince people you are right. Stick to the facts and you wouldn't have half as many enemies on here Bart

I'm personally a bit optimistic. At the end of the day, what matters to me right now is the survival of the club. I think this investment will help that and may provide some sort of backing for a ground development...possibly!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC Bart on Tuesday, July 3, 2007, 12:37:53
A ground development- where reeves? Not in Swindon with the noises being made by the club to the council.

How can you be optimistic with the single man responsible for many of our issues still being involved and influential


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Simon Pieman on Tuesday, July 3, 2007, 12:38:02
To be fair though Bart's been right about pretty much everything he posts. He may express things in a slap dash way, but should that count against its validity?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: fatbury on Tuesday, July 3, 2007, 12:41:38
who was that young business bloke that was mooted as an investor before? could it be him?

sadly i fear Bart might be right ... if the consortium consists of Wills and Diamandis then doesnt matter who is with them .. god help us!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 12:46:50
Not neccessarily. it depends on what level of influence that the Wills and Diamandis continue to exert.  

If the mystery investor buys a controlling stake in the holding co, and Wills and diamndis remain as minority shareholders, then Diamandis' absolute power over the club is removed. It depends on the details.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: RobertT on Tuesday, July 3, 2007, 12:52:36
no, it's the combined voting power of the Wills family (whichever one takes on the shares this time) and Diamandis that is the key.  If between them they hold 50.1% of the holding company then ownership is not changed, even if an outside investor thinks the clubs is being split 3 or 4 ways.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Colin Todd on Tuesday, July 3, 2007, 12:53:52
Thats what I meant Rob, didnt express it very well though. :cry:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Power to people on Tuesday, July 3, 2007, 13:02:15
Either way though they will have to speak to Power as he is either owed £1.2m + interest or he has a large shareholding so without his consent things could still be awkward for the current lot surely ?

so I assume then that the club have broken off talks with the Consortium solicitors and Bill will either wait to see if the new "investors" talk to him ref paying back his money or joining forces or if not issue the WUP

8 weeks is a long time for due dilligence though surely it only takes 10 - 14 days once the accountants get full access to the books to work out what the club is worth and then to make an offer based on that.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Batch on Tuesday, July 3, 2007, 13:06:28
Cautiously optomistic is my view.

If the club changes hands, Diamond Mike & SSW walks away and significant investment is made then great!

If (as the statement reads to me) the Wills and Diamond mike are part of the new consortium then and still directly involved in running the club then I'll not be as excited. Clearly paying the CVA is better than not mind..

Needs more flesh on the bones, along with dotting the I's and crossing the T's before we get too carried away.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Dazzza on Tuesday, July 3, 2007, 13:10:15
I suppose it all depends on who this new investor is.  

I’d wager the news being labelled as a new ‘consortium takeover’ is to allow Wills and Diamandis to ditch the current holding company.

I genuinely hope we don’t see some sort of rerun of previous events with St Modwen replaced with a second development company such as ‘DJ Sport’ and a series of figure heads fronting a consortium which essentially leaves the Wills and Diamandis still pulling the strings.

Best case I suppose is an individual coming in and actually taking over the majority shareholding in the club (not a new holding co) and funds not invested by way of a loan unofficially secured against a future ground development.  Fuck knows who that could be, someone with a connection to football appears to be the consensus but aside from the likes of Noades, De Savary and Lowe who else is there?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Power to people on Tuesday, July 3, 2007, 15:16:11
Mike Diamandis  - has been involved in football for how many years....there is your football knowledge


Title: NEW CONSORTIUM TO TAKE OVER
Post by: mattboyslim on Tuesday, July 3, 2007, 15:24:16
My readign between the lines whilst trying to work is that this 'consortium' can put three or four new face on the board through one new investor.  Wills Jr and Sr, Diamandis if he wanted and the new investor- none are board members but that wouldn't equate to a sea change in the boardroom by any stretch of the imagination.

I will however reserve judgement until we see names and faces, and then I will allow my incandescant anger to be vented.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Tuesday, July 3, 2007, 15:26:14
it doesn't matter if you've got a clown, an inimate object and a mental patient as your board of directors - ssw and diamandis will still call the shots. if this is the case, NOTHING will change other than more money disappearing into thin air


Title: NEW CONSORTIUM TO TAKE OVER
Post by: newmarket red on Tuesday, July 3, 2007, 15:31:01
Quote from: "STFC Bart"
A ground development- where reeves? Not in Swindon with the noises being made by the club to the council.

How can you be optimistic with the single man responsible for many of our issues still being involved and influential
Totaly right bart


Title: NEW CONSORTIUM TO TAKE OVER
Post by: random_five on Tuesday, July 3, 2007, 15:33:08
Not sure about that..

Surely the investor wouldn't just give us money then sit back and let SSW and Mike D run the show? That makes no sense. They will bring there own people in..


Title: NEW CONSORTIUM TO TAKE OVER
Post by: blinkpip on Tuesday, July 3, 2007, 15:39:34
Will they pay Bill Power his million back now?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 15:40:19
I'm tempted to reply to the email I got off Bowden today and do some baiting asking him if he's looking forward to going on the dole, based on past form he might give something away..........but I can't be arsed.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: STFC4LIFE on Tuesday, July 3, 2007, 17:15:21
Quote from: "glos_robin"
I'm tempted to reply to the email I got off Bowden today and do some baiting asking him if he's looking forward to going on the dole, based on past form he might give something away..........but I can't be arsed.

Do it :D


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Fred Elliot on Tuesday, July 3, 2007, 17:16:05
Do it  :D


Title: NEW CONSORTIUM TO TAKE OVER
Post by: DiV on Tuesday, July 3, 2007, 17:17:39
ask him if he can go back to his job, at that other company.

He doesnt mention it often, so I cant remember what its called


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 17:39:57
Hmmmm I'm tempted but not even he's stupid enough to bite.........is he?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: OneAndrewFitton on Tuesday, July 3, 2007, 17:41:55
Quote from: "glos_robin"
Hmmmm I'm tempted but not even he's stupid enough to bite.........is he?


Yes he is, i've made him bite a few times in the past  :soapy tit wank:


Title: NEW CONSORTIUM TO TAKE OVER
Post by: horlock07 on Tuesday, July 3, 2007, 18:34:00
Couple of things -

I would suspect that this will represent some form of management engineering involving SSW & MD to move companies around and eitherf move debts or get rid of the holding company. As someone mentioned the fact that they made such a big deal about Dunwoody going even though we know that most of the marketing staff are Dunwoody employees should have set the alarm bells running. i worked for a dodgy company in the past, and it was amazing how many times me employer changed between companies in the same group!

If not and it is a wholly new enterprise I aint holding my breath, either they have been very creative in the accounting stakes, or the due dilligence is going to raise some interesting issues... if it is tangtled as it seems 8 weeks seems short!!

That is all!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: glos_robin on Tuesday, July 3, 2007, 19:23:50
Quote from: "OneBillPower"
Quote from: "glos_robin"
Hmmmm I'm tempted but not even he's stupid enough to bite.........is he?


Yes he is, i've made him bite a few times in the past  :soapy tit wank:


I am suddenly feeling very tempted and know exactly what to write that would get him to bite, but it might decrease my chances of having a beer with him in the Glue Pot :(


Title: NEW CONSORTIUM TO TAKE OVER
Post by: millom red on Tuesday, July 3, 2007, 19:54:27
Quote from: "blinkpip"
Will they pay Bill Power his million back now?


Possibly, and most likely all in Pennies......Cunts!!!

At this early stage, i aint buying any of that statement.
Too many false dawns have occured in the past.
Until they put a name to this new investor and announce who the members of the consortium are, i will continue to  view them with the same contempt that they have shown to Bill, Phil, The Trust and its members, and the rest of the fan base.

Message ends.....


Title: NEW CONSORTIUM TO TAKE OVER
Post by: horlock07 on Tuesday, July 3, 2007, 20:22:39
Just read the bit in the advertiseragain, and being a little druck!

The bit from Bob Holt about 'Loyal Supprters being happy'

I may just be being paranoid but he just cant help having a dig at the fans can he - the arse!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Reg Smeeton on Tuesday, July 3, 2007, 20:30:31
Quote from: "horlock07"
Just read the bit in the advertiseragain, and being a little druck!

The bit from Bob Holt about 'Loyal Supprters being happy'

I may just be being paranoid but he just cant help having a dig at the fans can he - the arse!


  I liked this bit....

   "Holt hoped that even the most sceptical fan would, in the fullness of time, recognise this news as positive"

   Judging from the general response to this statement across the message boards,  he'll be waiting a long time.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: deltaincline on Tuesday, July 3, 2007, 23:36:30
Quote
that will commence due diligence with the view to taking over from the current Board within the next eight weeks.


So Mike Diamandis and Seaton Wills will be taking over, presumably with the financial help of the new investor. What a fucking result!

Quote
Director Bob Holt confirmed today that the New Consortium have committed sufficient funds to both deal with the immediate financial issues


What do you mean by 'committed'? Is the cash now sitting in an escrow account waiting to be paid out on the CVA?

Quote
plus provide for the Football Club's long-term future development.


Fuck me, we've gone from Andronicunt telling us as recently as last week that the CVA will have to be extended because the board don't have any money, to a Wills/Diamandis-lead consortium that suddenly promises milk and honey!

Quote
'This is fantastic news for all the loyal supporters of Swindon Town Football Club.


No, Bob. It's shit news for all the loyal (and disloyal) supporters of Swindon Town Football Club.

Quote
It has been difficult to secure and attract new investment particularly when there has been such negative press in the local media,' said Holt


 :Ride On Fatbury's Lovestick:

Quote
adding that the New Consortium 'have demonstrated that, with out any shadow of doubt, they have, in addition to their knowledge of football, the financial status to support the Football Club in its endeavours to gain promotion to The Championship.'


Oh please do fuck off, Bob.

Quote
'The New Consortium has the full support of Paul Sturrock and his management team, and will bring to the Football Club an added dimension that will both secure and enhance the standard of football at The County Ground.'


Don't be a cunt, Bob.

Quote
'It has been a long time coming but the current Board feel they have at last found the solution that will disperse forever the 'Dark Financial Clouds' that have for too long hung over The County Ground,' said Holt.


The current board have at last found the solution...... which is to get rid of themselves and let Seaton Wills and Mike Diamandis take over....

Quote
Once concluded, the takeover will result in dynamic changes to both the structure and make-up of the STFC Board and off-field Management team.


 :Ride On Fatbury's Lovestick:

Anyone falling for this bollocks statement needs fucking certifying.

The whole thing is littered with childish inuendo which seems to be aimed at the Power consortium and it's supporters - the Diamandis 'Friday Statement' touch rings a bell here. Hic!

It promises absolutely fuck all but cleverly dances around the emotive issues that fans give a fuck about, in a way that would convince some that all will be well when their new consortium takes over.

I'm not fucking buying it.  If the Wills family or Diamandis are in any way remotely connected with this latest proposed takeover of the club - regardless of who the new investor is, I'm going to go watch non-league football next season.

Those cunts won't get a penny more out of me. Period.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: yeo on Tuesday, July 3, 2007, 23:58:20
Im really past caring now.Ive take over fatigue.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 00:07:59
I'm bored of people who only post on the tef to make football points. There was a time when it was sort of a community, even if you didn't really get involved there was enough amusement to read. Now half of it's just people trying to score points commenting on the football side of things.

I suggest everyone who cares about the Tef should join me on my crusade. The crusade to distract every overly long football takeover / transfer speculation / Arsenal have sold Henry thread into unrelated inane nonsense,

You it makes sense,

The Tef needs you!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:08:43
i thought about getting a pet today, but decided against it.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: yeo on Wednesday, July 4, 2007, 00:09:51
oooh what sort?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:11:33
i thought maybe rabbit, but a bit much effort so then my mind wandered on to goldfish because when you're worse for wear they will amuse me for hours, especially with some novelty stuff in the tank, like a miniature sherman just for a bit of rubbish irony.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 00:13:47
what's a sherman?

a little treasure chest is the way to go. Maybe someone's made electronic ones which open with food if the gold fish does the right thing. The whole 9 second memory thing is a myth you know. You can teach Gold Fish tricks and stuff.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Wednesday, July 4, 2007, 00:13:57
get yourself a manatee

http://www.inkycircus.com/jargon/images/manatee.jpg


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:15:58
is that a life size picture?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: yeo on Wednesday, July 4, 2007, 00:16:42
think i'll make a Manatee Avatar


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:17:16
who said sonic's going mental?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 00:17:35
Quote from: "axs"
is that a life size picture?


I don't think so, but if you can't get mini-manatees then what is the point in science?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Wednesday, July 4, 2007, 00:18:37
Quote from: "axs"
is that a life size picture?


not unless manatees can fit in a 360x480 pixel space


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:18:41
i knew my degree in biochemistry would come in handy sometime.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 00:22:43
Quote from: "sonic youth"
Quote from: "axs"
is that a life size picture?


not unless manatees can fit in a 360x480 pixel space


virtual manatees can.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:23:24
i'll get  one of them instead then, are they pricey?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: sonic youth on Wednesday, July 4, 2007, 00:25:21
they're a bit rubbish.

get yourself a naked molerat.
http://www.corante.com/loom/archives/Mole%20rat.jpg


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 00:34:11
virtual manatee's fucking rock

http://i32.photobucket.com/albums/d35/flammableben/manatee.gif

he's coming to get ya!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 00:50:57
I've named him eb.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:51:55
he like a fat version of jaws, but a bit less toothy.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: axs on Wednesday, July 4, 2007, 00:52:31
night sonic


Title: NEW CONSORTIUM TO TAKE OVER
Post by: normy on Wednesday, July 4, 2007, 12:37:03
<<Back to index
Sturrock relishes new investment
By Andy Cryer

TOWN's potential new investors have made a lasting first impression on boss Paul Sturrock, as he looks forward to the club getting on an even footing.

Sturrock met the new consortium last night and assured fans this is the real deal.

Meanwhile Sturrock has revealed Paul Evans will not be returning to the County Ground for pre-season, while said he was hoping to secure several more signings before the squad returns for duty.
advertisement

He said: "I met the investors last night and they are nice people. I was very pleased with the discussions.

"I am delighted the short-term finances have been sorted and delighted to hear their long-term plans.

"The investors were very positive and seemed committed to the cause."

1:09pm today
At least Luggy has met the formerly alleged investors. Hope his confidence is not misplaced, but it looks a bit more hopeful now. All our hope in Sturrock is founded.. ..anyone agree?

Pity about Evans with his injury, a big loss IMO.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Wednesday, July 4, 2007, 12:40:16
http://i32.photobucket.com/albums/d35/flammableben/manatee.gif

Eb says what?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Iffy's Onion Bhaji on Wednesday, July 4, 2007, 12:57:19
so there is more than 1 investor


Title: NEW CONSORTIUM TO TAKE OVER
Post by: mattboyslim on Wednesday, July 4, 2007, 12:59:00
In the words of Bob Holt - who are they, if the consortium has to reveal BP, then MD should reveal who our night in shining armour is!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Power to people on Wednesday, July 4, 2007, 13:11:35
Didn't they say that Andronikoid would be releasing a statement about the CVA as well yesterday.....hmm 28 hours and still nothing

If these new "investors" have met with Luggy, the present regime seem to be going to some lengths to keep him happy...introducing him and then getting them to talk about plans, is there a reason for that ??

I really do think all this will be tied into a ground move


Title: NEW CONSORTIUM TO TAKE OVER
Post by: janaage on Wednesday, July 4, 2007, 13:14:35
So there are new people coming on baord, unless the old board just went and met him in disguise and promised him the earth.

Conversation went like this

"I am the new investor Mr Sturrock, my name is Mark Diomondes, I come from Cyprus.  These are my colleagues Wally Carston and Bill Hilt"

BH "we have more money than you can shake a stick at"

MD "Shut the fuck up Bob, I mean Bill...."


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Wednesday, July 4, 2007, 13:18:12
Why the fuck won't they tell us who the investor is?

They made such a big deal out of making the fans consortium name their backers.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: magicroundabout on Wednesday, July 4, 2007, 13:21:04
i would laugh if BP was part the new consortium but headed by two foreign blokes. That'd piss on the boards fire


Title: NEW CONSORTIUM TO TAKE OVER
Post by: pauld on Wednesday, July 4, 2007, 14:02:05
Erm, IIRC didn't Sturrock claim to have met the new investors some weeks ago? So is this an old story being recycled or was that just a load of porkies to make us all believe there were new investors then?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: red macca on Wednesday, July 4, 2007, 14:13:32
Quote from: "pauld"
Erm, IIRC didn't Sturrock claim to have met the new investors some weeks ago? So is this an old story being recycled or was that just a load of porkies to make us all believe there were new investors then?
i think he said he was meeting the board before he went on holiday to discuss the investors


Title: NEW CONSORTIUM TO TAKE OVER
Post by: pauld on Wednesday, July 4, 2007, 14:24:21
No, I distinctly remember people making a big thing on thisis out of "Ah, they must be real because Sturrock's spoken to them"


Title: NEW CONSORTIUM TO TAKE OVER
Post by: red macca on Wednesday, July 4, 2007, 14:36:04
ah right dunno then


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Batch on Wednesday, July 4, 2007, 14:49:35
But was that the original new investor, or the queue jumping all new investor Paul?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Tails on Wednesday, July 4, 2007, 14:59:41
Well Sturrock himself said it in his update....


Title: NEW CONSORTIUM TO TAKE OVER
Post by: pauld on Wednesday, July 4, 2007, 15:10:34
Quote from: "Batch"
But was that the original new investor, or the queue jumping all new investor Paul?

Well that depends which series we're talking about. There was the September new investors, the December new investors, who then dwindled into a January new single investor spin-off, the February new investor (or possibly investors) then the May-June new investors which was/is a two-parter or maybe a three-parter. Let's just hope the whole series doesn't get cancelled, eh?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: pumbaa on Thursday, July 5, 2007, 12:56:03
Quote from: "pauld"
Quote from: "Batch"
But was that the original new investor, or the queue jumping all new investor Paul?

Well that depends which series we're talking about. There was the September new investors, the December new investors, who then dwindled into a January new single investor spin-off, the February new investor (or possibly investors) then the May-June new investors which was/is a two-parter or maybe a three-parter. Let's just hope the whole series doesn't get cancelled, eh?


Fuck me, its like a series of 24. When is the box set DVD being released?


Title: NEW CONSORTIUM TO TAKE OVER
Post by: fatbury on Thursday, July 5, 2007, 13:39:24
you mean the new investor ...  :suicide: its Jack Bauer????


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Nemo on Thursday, July 5, 2007, 14:43:47
Elisha Cuthbert in, Sandy Gray out.

I'd like that.

A bit.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Friday, July 6, 2007, 00:36:11
I hope manatees take over.

http://i32.photobucket.com/albums/d35/flammableben/jedimanatee.gif


Title: NEW CONSORTIUM TO TAKE OVER
Post by: reeves4england on Friday, July 6, 2007, 16:16:12
They've already penetrated the forum, possibly the most powerful of the fans' tools!!!!


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Dazzza on Friday, July 6, 2007, 19:16:08
Two lines in the Gruniad today....

Quote

League One side Swindon are expecting a takeover within weeks. A consortium, headed by Mike Diamandis and the Wills family, has attracted significant investment.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: Samdy Gray on Friday, July 6, 2007, 20:30:03
Quote from: "flammableBen"
I hope manatees take over.

http://i32.photobucket.com/albums/d35/flammableben/jedimanatee.gif


I hope manatees get GRID


Title: NEW CONSORTIUM TO TAKE OVER
Post by: hansgruber on Monday, July 9, 2007, 22:58:13
*BUMP*

Are we expecting any "New Consortium" news anytime soon? It's been a week since the CVA was due and I take it it hasn't been paid.


Title: NEW CONSORTIUM TO TAKE OVER
Post by: flammableBen on Monday, July 9, 2007, 23:20:49
I think everybody's waiting for any news, not much else to do.

But please people don't resurrect this abomination of a thread. It horrible, people making the same points over and over again, trying to sound like they've got a new angle of speculation but really couldn't be bothered to read a few pages back. It's like a disease which has bought out the worse in all of you, like a mind leprosy, or maybe GRID. Mind LRID, that's what it is. Beware the Mind LRID.


Also...

http://i32.photobucket.com/albums/d35/flammableben/manatee.gif

...eb wouldn't like it.