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Swindon Town FC => The Boardroom => Topic started by: Flashheart on Wednesday, July 5, 2017, 17:07:59



Title: Clem Morfuni?
Post by: Flashheart on Wednesday, July 5, 2017, 17:07:59
Adver Sports Desk‏ @AdverSport  3m3 minutes ago
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Adver Sports Desk Retweeted Swindon Town FC
Swindon Town announce that club director Sangita Shah has left the club, with Clem Morfuni coming in as non-executive vice-chairman #stfc

Wonder if this is anything to do with this investment rumours that were doing the rounds recently.


Title: Re: Clem Morfuni?
Post by: Flashheart on Wednesday, July 5, 2017, 17:09:03
Seems he's from that Aussie company that has been investing with us.

Quote
CLEM MORFUNI
Clem founded the Axis Group in 1994 in Sydney NSW, Australia.
Clem started his career in the construction industry as an apprentice plumber in 1986. During his career he has been involved in all aspects of the plumbing & construction industry, he has held positions from Plumber to Project Manager to General Manager was able to utilise all of this experience to start and continue to grow the business.
His dedication, drive and motivation has seen the business expand and grow throughout Australia, New Zealand, Thailand, London – UK and New York City – USA.

He founded it. I bet he's minted.


Title: Re: Clem Morfuni?
Post by: horlock07 on Wednesday, July 5, 2017, 17:10:52
Possibly Clemente Morfuni who seems to have interests in Axis plumbing and Axis Sports Investments - according to Companies House he is an Aussie guy?


Title: Re: Clem Morfuni?
Post by: RobertT on Wednesday, July 5, 2017, 17:13:08
That's the Group name floated a while back as being interested in investment.


Title: Re: Clem Morfuni?
Post by: horlock07 on Wednesday, July 5, 2017, 17:17:05
Oh well hopefully the toilets will work OK from now on?

Edit I thought it rang a bell, hasn't their logo been on the back of the shirts for a while?

https://www.swindontownfc.co.uk/news/2015/april/new-sponsorship-secured/


Title: Re: Clem Morfuni?
Post by: Flashheart on Wednesday, July 5, 2017, 17:17:33
Oooh.

Stadium development. https://www.swindontownfc.co.uk/news/2017/july/town-appoint-new-non-executive-vice-chairman/#.WV0QV3vW3cY.twitter


Quote
Swindon Town are delighted to announce the appointment of Clem Morfuni as the club’s Non-Executive Vice Chairman.

Clem is the Founder of Axis Group, who have recently renewed their shirt sponsorship deal with the Reds.

With a background in construction, Clem will bring a wealth of experience to the Town Boardroom and he’s hoping to put that to good use in his new role with the club.

 “It will be great for both parties and being in the building services industry around the world, because we’ve got offices in London, New York, New Zealand, Australia and Thailand, we saw that there is a lot of potential here with the development of the stadium,” he told swindontownfc.co.uk exclusively.

“I spoke to Lee Power and I said that we can help the club and we can go through the processes and management of building a world class facility for the fans and the community of Swindon.

“We want to build this club back to where it should be.

“There’s a few ideas that I’ve got so I’ll sit down with Lee, discuss what he wants to do and then follow the process and start getting the ball rolling.

“The main focus for me is to look at the development and we’ve got over 700 employees worldwide, so I’ve got a whole infrastructure that can help us.

“It is all about infrastructure and you’ve got to have the right people and the right support for everyone for us to be where we want to be.

“I believe that we should be way above where we are but things happen and it is now all about rebuilding, refocusing and taking small steps in the right direction.”

Axis have an impressive portfolio having worked on Wembley Stadium, while they are currently involved in the construction of Tottenham Hotspur’s new state-of-the-art home, in addition to a vast array of other projects around the world.

“We’ve worked at Wembley and we are also doing Perth Stadium in Australia,” he added.

“We’ve built stadiums in Sydney, we build hotels, office blocks, hospitals, we’re doing stuff in New York so we are in a lot of places.

“I love football, I love construction and I think it is a good match for Lee and I, and hopefully we can build a world class facility here for the community and for the Swindon fans.

“We want to be here for another 100 odd years and that’s what we’re trying to do.

“There is so much potential here at Swindon.”

Speaking about the appointment, Swindon Town Chairman Lee Power added: “We are delighted to welcome Clem on board as Non-Executive Vice Chairman.

“During my time at the club we haven’t had chance to have a detailed look at developing The County Ground, but Clem’s arrival will help with that and we are thrilled to have someone with his experience and knowledge join us.

“Clem will move discussions forward with the council and other parties and he will also be looking to explore every option when it comes to redeveloping The County Ground.”


Title: Re: Clem Morfuni?
Post by: Super Hans on Wednesday, July 5, 2017, 17:25:00
Hopefully a significant appointment by the club. Surely can only benefit having someone on board who knows what he's doing. Feel like if this guy won't be able to sort out a redevelopment project then nobody will.


Title: Re: Clem Morfuni?
Post by: Batch on Wednesday, July 5, 2017, 17:27:20
interesting!


Title: Re: Clem Morfuni?
Post by: Wobbly Bob on Wednesday, July 5, 2017, 17:29:43

Hope that "other parties" is referring to The Trust.


Title: Re: Clem Morfuni?
Post by: horlock07 on Wednesday, July 5, 2017, 17:30:09
Poor old Sangita, cast aside when a better offer came in!


Title: Re: Clem Morfuni?
Post by: RobertT on Wednesday, July 5, 2017, 17:35:07
Seems they are usually the contractors who put all the electrical or plumbing/air con into buildings, so maybe this is a small project to try and get a foothold into the bigger world of actually being lead developer on bigger projects.


Title: Re: Clem Morfuni?
Post by: milo t on Wednesday, July 5, 2017, 18:06:28
Seems they are usually the contractors who put all the electrical or plumbing/air con into buildings, so maybe this is a small project to try and get a foothold into the bigger world of actually being lead developer on bigger projects.

Sorry no, he's plenty of experience in construction. Particularly in London and in Australia more so. He will bring more business acumen and funding to make the club more efficient going forward and hopefully an aid in getting promotion


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Wednesday, July 5, 2017, 18:10:22
Hope that "other parties" is referring to The Trust.

I said a while back that the Trust are caught between a rock and a hard place, trying to deal with SBC and Power. It was also obvious that if the Trust fail in their bid to buy the CG, then the piranhas would be circling. Looks like Power has suddenly got an interest in the CG having previously said he's none.

Worrying times....


Title: Re: Clem Morfuni?
Post by: RobertT on Wednesday, July 5, 2017, 18:35:19
Sorry no, he's plenty of experience in construction. Particularly in London and in Australia more so. He will bring more business acumen and funding to make the club more efficient going forward and hopefully an aid in getting promotion

Said as if you know them?  They certainly appear to be a contractor on all the projects associated with developments such as Wembley, installing facilities rather than being lead developer of the site.  That's not saying they are small fry, just that it appeared on the face of it to be a good way of taking the next step - they are unlikely to get awarded the lead developer role in a 60k stadium without having a background of full project success.


Title: Re: Clem Morfuni?
Post by: Costanza on Wednesday, July 5, 2017, 18:38:02
Until I see redevelopment in process, it's just another one of those stories.



Title: Re: Clem Morfuni?
Post by: milo t on Wednesday, July 5, 2017, 18:40:22
Said as if you know them?  They certainly appear to be a contractor on all the projects associated with developments such as Wembley, installing facilities rather than being lead developer of the site.  That's not saying they are small fry, just that it appeared on the face of it to be a good way of taking the next step - they are unlikely to get awarded the lead developer role in a 60k stadium without having a background of full project success.

He's been brought in primarily to put funds into the club. His knowledge in construction is mainly m&e installation and services. I'd guess that being awarded jobs in development of the cg would be used so he can make his money back in the future


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Wednesday, July 5, 2017, 18:44:43
Until I see redevelopment in process, it's just another one of those stories.

Always the best policy with STFC

It would be somewhat reassuring if this lot only specialise in sport's grounds where they stand, and not moving them and building shit on the leftover patch.


Title: Re: Clem Morfuni?
Post by: Super Hans on Wednesday, July 5, 2017, 18:49:38
Many clubs would have a raging hard on over this sort of news but not Swindon fans. We need to keep a sense of reality. Flacid reality.


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Wednesday, July 5, 2017, 19:03:31
Many clubs would have a raging hard on over this sort of news but not Swindon fans. We need to keep a sense of reality. Flacid reality.

 :flaccid:


Title: Re: Clem Morfuni?
Post by: RobertT on Wednesday, July 5, 2017, 19:40:24
Always the best policy with STFC

It would be somewhat reassuring if this lot only specialise in sport's grounds where they stand, and not moving them and building shit on the leftover patch.

Their background is one of being a contractor Reg, so not of acquiring land and developing, more having the technical expertise to fit out a development.  I suppose that is probably good news in so far as they are probably not going to be trying to make a mint from land sales etc.  More likely, as described, it's a proving ground that they can do more than install some electrical sockets (being very disingenuous).


Title: Re: Clem Morfuni?
Post by: phelpsieboy on Wednesday, July 5, 2017, 20:30:39
Dare I say it, but this may just be what Bilko was referring to that would leave us in 'good stead'.


Title: Re: Clem Morfuni?
Post by: Costanza on Wednesday, July 5, 2017, 20:33:36
Dare I say it, but this may just be what Bilko was referring to that would leave us in 'good stead'.

Ha, bilko.


Title: Re: Clem Morfuni?
Post by: Batch on Wednesday, July 5, 2017, 20:34:37
Quote from: Wobbly Bob
Hope that "other parties" is referring to The Trust.


indeed, but this may be a rival landgrab bid. who knows.

did anyone else go to the Mecca meeting? did I dream it or was it said they didn't believe the club owns the stadium itself, and that a sale would include the stands?


Title: Re: Clem Morfuni?
Post by: dogs on Wednesday, July 5, 2017, 22:39:46

indeed, but this may be a rival landgrab bid. who knows.

did anyone else go to the Mecca meeting? did I dream it or was it said they didn't believe the club owns the stadium itself, and that a sale would include the stands?

Yeah, Steve M confirmed that when asked on the night.
 


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, July 6, 2017, 10:30:29
This development thingy isn't a new thing overall. It was mentioned way back when Power first started dealing with these guys when Luongo was with us. I suspect things may have been hastened by the trust wanting to get in on ownership of the land, but it's not come completely out of the blue. I've seen people suggesting Power is only doing this to stick 2 fingers up to the trust, whereas it's likely been coming anyway.


Title: Re: Clem Morfuni?
Post by: Saxondale on Thursday, July 6, 2017, 10:36:01
Look, this is all very well and good but isn't anyone going to make stupid comments about his name?  Clem More Funny?  Isn't that worth someone with actual wit to produce some sort of gif about 'I can hear you Clem More funny?'

And something about cheese.

Is no one thinking of the bollocks?


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Thursday, July 6, 2017, 10:45:33
Look, this is all very well and good but isn't anyone going to make stupid comments about his name?  Clem More Funny?  Isn't that worth someone with actual wit to produce some sort of gif about 'I can hear you Clem More funny?'

And something about cheese.

Is no one thinking of the bollocks?

More Fanny would be better...


Title: Re: Clem Morfuni?
Post by: Power to people on Thursday, July 6, 2017, 13:36:44
Sadly you can only view it as Power has realized the CG can be bought cheaper than he expected and seen some $$££ signs and now he has someone with credibility to assist, he has to do something for money as he is not going to be signing young players to sell on for big bucks for a few years.

He needs to do something about a training ground first, maybe his new guy can assist with that.

And the other thing I could quite envisage Power getting the land etc and it will go into a holding company owned by himself and friends separated from the club, so when he wants to sell on stfc in the future he will be selling the FC and not the ground or making big profits for himself from it.

For that reason I'd prefer it be Trust owned and then in future if the time was right to sell it on then at least it would be for the right reasons and the best deal.


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, July 6, 2017, 14:11:45
Sadly you can only view it as Power has realized the CG can be bought cheaper than he expected and seen some $$££ signs and now he has someone with credibility to assist, he has to do something for money as he is not going to be signing young players to sell on for big bucks for a few years.

He needs to do something about a training ground first, maybe his new guy can assist with that.

And the other thing I could quite envisage Power getting the land etc and it will go into a holding company owned by himself and friends separated from the club, so when he wants to sell on stfc in the future he will be selling the FC and not the ground or making big profits for himself from it.

For that reason I'd prefer it be Trust owned and then in future if the time was right to sell it on then at least it would be for the right reasons and the best deal.

As the Trust get first dibs due to the ACV designation ball remains very firmly in their court, equally has any indication been given (bar the normal SBC are the devil musings) that SBC would go to open market if the Trust declined - its something I would expect the Trust to see clarification on as part of any negotiations?


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Thursday, July 6, 2017, 17:53:01
If the Trust buy the CG off the council how are they going to fund any redevelopment?

If Power doesn't buy the CG off the council, why on earth should he fund any redevelopment?

It's back to square one. Any new new owner of the CG must have the financial bollocks to fund the new stands etc


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, July 6, 2017, 18:37:27
if Power buys the country ground, will he have the money to develop it?


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Friday, July 7, 2017, 10:41:17
As the Trust get first dibs due to the ACV designation ball remains very firmly in their court, equally has any indication been given (bar the normal SBC are the devil musings) that SBC would go to open market if the Trust declined - its something I would expect the Trust to see clarification on as part of any negotiations?

http://www.swindonadvertiser.co.uk/sport/swindon_town_2014/15395636.Borough_Council_open_to_all_County_Ground_offers/

Be afraid, be very afraid...


Title: Re: Clem Morfuni?
Post by: smalltowngypsymassacre on Friday, July 7, 2017, 10:49:26
I've just had a look at Axis Group on Companies House and their previous name is 'Seebeck 133' limited. Where have I heard this before?

https://beta.companieshouse.gov.uk/company/09792798


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Friday, July 7, 2017, 10:54:30
I've just had a look at Axis Group on Companies House and their previous name is 'Seebeck 133' limited. Where have I heard this before?

https://beta.companieshouse.gov.uk/company/09792798

 :sherlock:

I'm sure one of our accountant types will be able to explain this...


Title: Re: Clem Morfuni?
Post by: horlock07 on Friday, July 7, 2017, 10:58:34
http://www.swindonadvertiser.co.uk/sport/swindon_town_2014/15395636.Borough_Council_open_to_all_County_Ground_offers/

Be afraid, be very afraid...

Hang on a minute, according to that the Trust are only looking at buying the Lease? and the price has gone up to £2m, freehold I could understand but for the lease only that makes very little sense. Also Cllr Renard seems to have entirely ignored/overlooked the ACV designation and if the story is to be believed actually has fuck all to do with the stadium or the football club.

We should keep on our toes (and possibly chase the Trust for a response) but based on the content of the article I think at best its bollocks or merely a local politician seizing an opportunity to get their mug in the paper and be seen to be saying the right things.


Title: Re: Clem Morfuni?
Post by: Trashbat? on Friday, July 7, 2017, 10:59:09
If you google Seebeck there are tonnes of Seebeck companies, all set up by EMW LLP based at Seebeck House, 1 Seebeck Place in Milton Keynes.

I guess they just use Seebeck as a name when registering a company?!


Title: Re: Clem Morfuni?
Post by: theakston2k on Friday, July 7, 2017, 10:59:19
I've just had a look at Axis Group on Companies House and their previous name is 'Seebeck 133' limited. Where have I heard this before?

https://beta.companieshouse.gov.uk/company/09792798
That'll just be a UK department of them. Main company is Australian so wouldn't be on companies house as will be registered in Australia.


Title: Re: Clem Morfuni?
Post by: horlock07 on Friday, July 7, 2017, 11:00:25
I've just had a look at Axis Group on Companies House and their previous name is 'Seebeck 133' limited. Where have I heard this before?

https://beta.companieshouse.gov.uk/company/09792798

I don't think that's 'our' Axis company as Clem whatsit is not named as a director of that one, this is his mob...

https://beta.companieshouse.gov.uk/company/05894851

https://beta.companieshouse.gov.uk/company/07956946

https://beta.companieshouse.gov.uk/company/10291176

I would imagine the latter being set up to manage his investment into us.


Title: Re: Clem Morfuni?
Post by: smalltowngypsymassacre on Friday, July 7, 2017, 11:01:19
If you google Seebeck there are tonnes of Seebeck companies, all set up by EMW LLP based at Seebeck House, 1 Seebeck Place in Milton Keynes.

I guess they just use Seebeck as a name when registering a company?!

Phew. Jed McCrory's face flashed in front of my eyes. It was not pleasant


Title: Re: Clem Morfuni?
Post by: pauld on Friday, July 7, 2017, 12:43:53
Hang on a minute, according to that the Trust are only looking at buying the Lease? and the price has gone up to £2m, freehold I could understand but for the lease only that makes very little sense. Also Cllr Renard seems to have entirely ignored/overlooked the ACV designation and if the story is to be believed actually has fuck all to do with the stadium or the football club.

We should keep on our toes (and possibly chase the Trust for a response) but based on the content of the article I think at best its bollocks or merely a local politician seizing an opportunity to get their mug in the paper and be seen to be saying the right things.
Even assuming Renard actually knows what he's talking about (remember Mike Bawden, then council leader, gleefully appearing at the "launch" of the ill-fated Shaw Tip stadium scheme which it turned out would have been actually unlawful), the chances of the Adver actually reporting any story that involves any degree of fine detail (such as the difference between freehold/lease footprint/stadium/stands etc) accurately are minimal. I'd take the whole thing with huge pinches of salt.


Title: Re: Clem Morfuni?
Post by: Power to people on Friday, July 7, 2017, 12:58:58
Even assuming Renard actually knows what he's talking about (remember Mike Bawden, then council leader, gleefully appearing at the "launch" of the ill-fated Shaw Tip stadium scheme which it turned out would have been actually unlawful), the chances of the Adver actually reporting any story that involves any degree of fine detail (such as the difference between freehold/lease footprint/stadium/stands etc) accurately are minimal. I'd take the whole thing with huge pinches of salt.

Agree and I would trust Steve Mytton and the trust chaps that are doing the negotiations to negotiate with the people that matter at SBC, which theoretically is not really the leader of the council,
I would not trust Renard as far as I could throw the chap though.

Hopefully though Clem may believe it is worthwhile having a conversation with the Trust, although it depends what he has been told by Lee Power and what vision they have developed together.



Title: Re: Clem Morfuni?
Post by: FreddySTFC! on Friday, September 15, 2017, 17:52:23
Very quiet on the Clem front lately!!


Title: Re: Clem Morfuni?
Post by: tans on Friday, September 15, 2017, 18:24:58
Very quiet on the Clem front lately!!

Dunno, seen him whoring himself about on football focus or whatever


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Friday, September 15, 2017, 18:25:12
Very quiet on the Clem front lately!!
Power said in an interview just around the season started that he was still around and still going to invest in the club via sponsorship, that was only about 3 or 4 weeks back so its not actually that quiet regarding him.


Title: Re: Clem Morfuni?
Post by: Nomoreheroes on Thursday, July 18, 2019, 06:47:17
Bumpety-bump!


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, July 18, 2019, 09:59:22
Power said in an interview just around the season started that he was still around and still going to invest in the club via sponsorship, that was only about 3 or 4 weeks back so its not actually that quiet regarding him.

Looks like my previous post came true.

Albeit nearly 2 years slow!


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 18, 2020, 12:43:36
Oh... Guess he won't be investing if power up sticks then

https://www.constructionenquirer.com/2020/06/18/london-specialist-axis-me-goes-bust/


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 18, 2020, 12:46:01
loz. was just about to post that.

I've heard on the grapevine that he wants his money back. Not sure how that would work. Surely he'd just have to wait for a buyer for his shares?


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 18, 2020, 12:46:44
loz. was just about to post that.

I've heard on the grapevine that he wants his money back. Not sure how that would work. Surely he'd just have to wait for a buyer for his shares?

I guess he does.

But he hasn't got his shares..


Title: Re: Clem Morfuni?
Post by: RobertT on Thursday, June 18, 2020, 12:48:40
Sounds like a retreat from the UK market more than a financial issue given the sparse facts presented - not least that the debt is all owed to the parent company in Australia.


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 18, 2020, 12:50:57

But he hasn't got his shares..

I get the impression that it is just a matter of paperwork.


Title: Re: Clem Morfuni?
Post by: Quagmire on Thursday, June 18, 2020, 12:52:28
Can you imagine the outrage if a company Power had connections with went bust?


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 12:55:16
Can you imagine the outrage if a company Power had connections with went bust?

I am imagining it now...yep doesnt bear imagining!



Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Thursday, June 18, 2020, 12:55:29
Can you imagine the outrage if a company Power had connections with went bust?

You mean the shed load that went kaput before he bought us?


Title: Re: Clem Morfuni?
Post by: Quagmire on Thursday, June 18, 2020, 12:56:53
You mean the shed load that went kaput before he bought us?

Before, yes....  but if it happened whilst he was our owner, people would assume the apocalypse was about to start and it was the end of STFC.
Clem messages them all back on Facebook though and seems a nice bloke so it’s fine.


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 12:57:37
You mean the shed load that went kaput before he bought us?
Emphasis on before?


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Thursday, June 18, 2020, 13:00:41
Well, yes. I looked into his previous when he took over. Off the top of my head it was around double figures - may be more.

I think that’s what raised so many alarm bells with fans.


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 18, 2020, 13:05:50
Quote from: Quagmire
Can you imagine the outrage if a company Power had connections with went bust?

more worried about exactly how solvent be actually is tbh, given the standing/USA investor links even before coronavirus hit.

was hoping  Clem/the trust would short term step in if power suddenly goes

Guess we'll just  have to see what other options there are if that time comes


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 18, 2020, 13:06:51
Quote from: The Artist Formerly Known as Audrey
Well, yes. I looked into his previous when he took over. Off the top of my head it was around double figures - may be more.

I think that’s what raised so many alarm bells with fans.

partly + his previous associations with clubs hadn't gone well


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 13:08:10
Well, yes. I looked into his previous when he took over. Off the top of my head it was around double figures - may be more.

I think that’s what raised so many alarm bells with fans.
There is no doubt that the alarm bells were ringing wildly when we heard of Powers ownership.

Not a great track record although I only know of 1 bankruptcy, I don't know of any others but I am not denying there could well be a few although 10 may be an inflated figure.

We only went on what fans of other clubs had told us, Cambridge, Rushden & Diamonds etc.

If we had listened to fans of other clubs we would never have appointed Wellens as Oldham fans have little good things to say about him...and look how thats turned out so far.


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 18, 2020, 13:09:39
Sounds like a retreat from the UK market more than a financial issue given the sparse facts presented - not least that the debt is all owed to the parent company in Australia.

Also into HMRC for a cool nearly 100k.

Other major creditor, £776k is a recruitment company in Hove, I suspect that's for subbies on their construction sites.



Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Thursday, June 18, 2020, 13:18:26
 Would seem then that Morfuni would not be adverse to a sale of the club, if it brings him some $, although in the present circumstances, you can only see Power selling for a knock down price.


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Thursday, June 18, 2020, 13:22:00
There is no doubt that the alarm bells were ringing wildly when we heard of Powers ownership.

Not a great track record although I only know of 1 bankruptcy, I don't know of any others but I am not denying there could well be a few although 10 may be an inflated figure.

We only went on what fans of other clubs had told us, Cambridge, Rushden & Diamonds etc.

If we had listened to fans of other clubs we would never have appointed Wellens as Oldham fans have little good things to say about him...and look how thats turned out so far.
This from an ex poster when Power took over. I listed them all somewhere but God knows where. 8 presume the rumour of shadowy money men at the time has now been revealed.

‘The business track record of the board members collectively and individually is hardly sparkling, and any hope that the "shadowy money men" might be bigger guns with more about them has had the legs kicked from underneath it if Lee Power is one of them. His business history makes the rest of them look Bransonesque in comparison. I'm not massively comfortable that my club looks like it's going to be funded at least in part with money extracted from the creditors of one or more of the 13 failed business this fellah has left in his wake.’


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 13:28:28
Oh I know of "rumours" about many but I have only ever heard of a single bankruptcy filed in any company owned/joint owned by him.
I am willing to be proven wrong if it turns out that he has been involved in 13 companies going into admin, I just cant see how anyone with that bad a track record would ever be allowed anywhere near owning a football club, yes I know some owners have 2 or even 3 bankruptcies in their history but 13?

Happy to be proved wrong though, it all seems to a mate of a mate told me. (no thats not a dig at you Aud just saying how I see it).


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Thursday, June 18, 2020, 13:35:50
Thinking about it, I think those 13 were businesses he shut down leaving large debts - the most high profile being Cre8 who published football magazines/programmes for some of the biggest clubs in the UK. Left them with huge debts. Think he was involved in that with Dunwoody.

He also bought and then closed down tThe Great Northern Hotel in Peterborough making all employees redundant.


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 18, 2020, 14:11:31
Thinking about it, I think those 13 were businesses he shut down leaving large debts - the most high profile being Cre8 who published football magazines/programmes for some of the biggest clubs in the UK. Left them with huge debts. Think he was involved in that with Dunwoody.

He also bought and then closed down tThe Great Northern Hotel in Peterborough making all employees redundant.

Wasn't Dunwoody involved with Diamond Mike, although I may have missed a relationship to Power?


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 14:24:01
Thinking about it, I think those 13 were businesses he shut down leaving large debts - the most high profile being Cre8 who published football magazines/programmes for some of the biggest clubs in the UK. Left them with huge debts. Think he was involved in that with Dunwoody.

He also bought and then closed down tThe Great Northern Hotel in Peterborough making all employees redundant.
Pretty sure Dunwoody was Diamandis not Power as Horlock says.


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 18, 2020, 14:44:30
I stand corrected, they were linked in some way.

https://www.thefreelibrary.com/Football%3A+Power+and+the+glory+is+winner+for+Dunwoody.-a079100096


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 14:53:22
I stand corrected, they were linked in some way.

https://www.thefreelibrary.com/Football%3A+Power+and+the+glory+is+winner+for+Dunwoody.-a079100096
Interesting, he was definately linked with Diamandis too.

https://www.telegraph.co.uk/finance/2902736/Dunwoody-faces-bill-over-name-calling.html


Title: Re: Clem Morfuni?
Post by: pauld on Thursday, June 18, 2020, 15:00:25
Interesting, he was definately linked with Diamandis too.

https://www.telegraph.co.uk/finance/2902736/Dunwoody-faces-bill-over-name-calling.html
In the sense that Diamandis set up a marketing agency with him, fell out with him and then stole his name. Not sure I'd call that "linked with" but I get what you mean


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 15:02:28
In the sense that Diamandis set up a marketing agency with him, fell out with him and then stole his name. Not sure I'd call that "linked with" but I get what you mean
A loose term!


Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 18, 2020, 15:27:15
No wonder we’ve had new posters on here in the last couple of weeks saying what a great guy he is....


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 18, 2020, 15:28:15
Clem must have known this was coming (or probably coming) for months.


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 18, 2020, 15:28:24
I stand corrected, they were linked in some way.

https://www.thefreelibrary.com/Football%3A+Power+and+the+glory+is+winner+for+Dunwoody.-a079100096

BTW credit where credit is due I only worked out my error by google pointing me to this thread, which makes interesting reading 7 years on. http://thetownend.com/index.php?topic=53015.0


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Thursday, June 18, 2020, 15:51:15
BTW credit where credit is due I only worked out my error by google pointing me to this thread, which makes interesting reading 7 years on. http://thetownend.com/index.php?topic=53015.0
The bits about Holly Willoughby are amusing.

Like....

I'd lezz off with Holly for sure


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 18, 2020, 16:33:39
Clem must have known this was coming (or probably coming) for months.

You'd think so. Though Covid may have been the straw that broke the camel's back.



Title: Re: Clem Morfuni?
Post by: JanAirplaneMan on Thursday, June 18, 2020, 16:47:33
Hi All
There is nothing to worry about with regards to the original post about Clem closing one of his companies. Essentially they are going through a restructure and he has closed this UK entity, his overall operation is doing very well globally.


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 18, 2020, 16:59:46
Thanks for the clarification


Title: Re: Clem Morfuni?
Post by: pauld on Thursday, June 18, 2020, 17:05:39
Hi All
There is nothing to worry about with regards to the original post about Clem closing one of his companies. Essentially they are going through a restructure and he has closed this UK entity, his overall operation is doing very well globally.

But £1.4m of unrelated creditors left to go hang? That's a bit shit if the overall operation is doing very well. Or was the original report inaccurate about that? (Genuine question, I know sometimes complex winding-down operations can be glibly misreported as "going bust")


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 18, 2020, 17:09:45
But £1.4m of unrelated creditors left to go hang? That's a bit shit if the overall operation is doing very well. Or was the original report inaccurate about that? (Genuine question)

Including c.£100 to us the UK taxpayer!


Title: Re: Clem Morfuni?
Post by: Samdy Gray on Tuesday, June 23, 2020, 06:09:41
Anyone else getting these sponsored ads on Facebook? Someone's got a bee in their bonnet.



Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Tuesday, June 23, 2020, 07:14:19
Is this stuff just anti Clem or pro Power?


Title: Re: Clem Morfuni?
Post by: tans on Tuesday, June 23, 2020, 08:12:29
Probably the same bloke that tried digging me out for no reason whatsoever


Title: Re: Clem Morfuni?
Post by: Flashheart on Tuesday, June 23, 2020, 08:15:08
I can't read the artilce. But what does a company going bust have to do with the owner being a 'loveable gentleman'?


Title: Re: Clem Morfuni?
Post by: Costanza on Tuesday, June 23, 2020, 09:14:21
Does the article actually exist?


Title: Re: Clem Morfuni?
Post by: Flashheart on Tuesday, June 23, 2020, 09:17:35
There's a 'see more' button', so it looks like it.


Title: Re: Clem Morfuni?
Post by: John Hart on Tuesday, June 23, 2020, 09:18:36
There is no drama with Clem, he is just a football fan who has loved the game for many years, he believes there are many undiscovered quality aussie players and wants to set up a scouting network with Swindon to bring them over, and he is in a great position to finance the cub and to work with the trust on the redevelopment of the stadium.


Title: Re: Clem Morfuni?
Post by: Quagmire on Tuesday, June 23, 2020, 09:21:31
There is no drama with Clem, he is just a football fan who has loved the game for many years, he believes there are many undiscovered quality aussie players and wants to set up a scouting network with Swindon to bring them over, and he is in a great position to finance the cub and to work with the trust on the redevelopment of the stadium.

Isn’t this basically what Jim Little tried to do with the Portuguese players? No thanks.
Our scouting Network is currently working fine as it is.


Title: Re: Clem Morfuni?
Post by: Leggett on Tuesday, June 23, 2020, 09:26:09
Anyone else getting these sponsored ads on Facebook? Someone's got a bee in their bonnet.



Yup, I'm getting them too. Paying them no attention!


Title: Re: Clem Morfuni?
Post by: Nemo on Tuesday, June 23, 2020, 09:26:13
Love a one-post account signing up to be pro-Clem, saying "no drama" but definitely not being Clem. Presumably whilst humming Waltzing Matilda. Can't really say I have a horse in this ownership battle, but I'm enjoying the fairly basic tactics on both sides.

On another note, we've had quite a few Aussies over the years haven't we?

Luongo the best by some distance. If they're all as good as him then welcome aboard King Clem.

Invincibile, Talia, Lyden, McGilp, Brownlie all alright to some level. Must be a few more I've missed.


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Tuesday, June 23, 2020, 09:26:54
Not particularly for or against Clem, but I don’t fancy us becoming a dumping ground for Aussie footballers.


Title: Re: Clem Morfuni?
Post by: Nemo on Tuesday, June 23, 2020, 09:28:57
Anyone else getting these sponsored ads on Facebook? Someone's got a bee in their bonnet.



Ooh no, it would make a pleasant change from being advertised Dale Vince though.


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 09:32:16
Not particularly for or against Clem, but I don’t fancy us becoming a dumping ground for Aussie footballers.
As we became a dumping ground for foreign national players under Todd?

Van der Linden, Heiselberg, Lightbourne, Cobian, Robertson, Bakalli, Tuomela what a team that was!

No, I would not want that to happen again.

Although we would be limited by whatever the new Work Permit rules will be anyway.


Title: Re: Clem Morfuni?
Post by: horlock07 on Tuesday, June 23, 2020, 09:50:00
Does the article actually exist?

The publication construction news definitely exists, although a cursory glance at their website doesn't seem to reveal any such article (albeit there doesn't seem to be a search option).

There's a 'see more' button', so it looks like it.

Has anyone actually, you know, pushed the 'see more' button?


Title: Re: Clem Morfuni?
Post by: Flashheart on Tuesday, June 23, 2020, 09:55:45

Has anyone actually, you know, pushed the 'see more' button?

No idea.

There is no actual button for me. All I've seen is the image that Tans posted.


Title: Re: Clem Morfuni?
Post by: pauld on Tuesday, June 23, 2020, 09:59:23
But £1.4m of unrelated creditors left to go hang? That's a bit shit if the overall operation is doing very well. Or was the original report inaccurate about that? (Genuine question, I know sometimes complex winding-down operations can be glibly misreported as "going bust")
Bump


Title: Re: Clem Morfuni?
Post by: horlock07 on Tuesday, June 23, 2020, 10:02:43
No idea.

There is no actual button for me. All I've seen is the image that Tans posted.

Actually done a search of the Construction News website now and his name doesn't appear to appear at all.


Title: Re: Clem Morfuni?
Post by: DV Canio on Tuesday, June 23, 2020, 10:04:39
Love a one-post account signing up to be pro-Clem, saying "no drama" but definitely not being Clem. Presumably whilst humming Waltzing Matilda. Can't really say I have a horse in this ownership battle, but I'm enjoying the fairly basic tactics on both sides.

On another note, we've had quite a few Aussies over the years haven't we?

Luongo the best by some distance. If they're all as good as him then welcome aboard King Clem.

Invincibile, Talia, Lyden, McGilp, Brownlie all alright to some level. Must be a few more I've missed.

Dave Mitchell


Title: Re: Clem Morfuni?
Post by: Batch on Tuesday, June 23, 2020, 10:07:55
Quote from: The Artist Formerly Known as Audrey
Not particularly for or against Clem, but I don’t fancy us becoming a dumping ground for Aussie footballers.

i think it would have to work by having them on trial, maybe take in a young scholar as a point, but the manager having final say.

nobody wants enforced recruitment from any source, UK club or Aussie


Title: Re: Clem Morfuni?
Post by: theakston2k on Tuesday, June 23, 2020, 10:09:15
There is no drama with Clem, he is just a football fan who has loved the game for many years, he believes there are many undiscovered quality aussie players and wants to set up a scouting network with Swindon to bring them over, and he is in a great position to finance the cub and to work with the trust on the redevelopment of the stadium.
And this is why I struggle to trust him, a stream of new posters joining just to post what a great guy he is is utterly bizarre.


Title: Re: Clem Morfuni?
Post by: Batch on Tuesday, June 23, 2020, 10:12:32
Anyone else getting these sponsored ads on Facebook? Someone's got a bee in their bonnet.

Certainly someone with a hard-on trying to do a hatchet job.

One wonders if this is leading into a takeover battle. The reason I say that is I don't really get it. Clem has no power (no pun intended) and no control of the club. Sure he probably wants his shares or £1M back, but ???

Could be a personal grudge I suppose.


Title: Re: Clem Morfuni?
Post by: Batch on Tuesday, June 23, 2020, 10:13:24
And this is why I struggle to trust him, a stream of new posters joining just to post what a great guy he is is utterly bizarre.

yeah, odd. Need to treat them and the anti-them (like the blog) with equal suspicion


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 10:15:51
Love a one-post account signing up to be pro-Clem, saying "no drama" but definitely not being Clem. Presumably whilst humming Waltzing Matilda. Can't really say I have a horse in this ownership battle, but I'm enjoying the fairly basic tactics on both sides.

On another note, we've had quite a few Aussies over the years haven't we?

Luongo the best by some distance. If they're all as good as him then welcome aboard King Clem.

Invincibile, Talia, Lyden, McGilp, Brownlie all alright to some level. Must be a few more I've missed.
We have had 10 in total.
Frank Talia, Danny Invincibile, Jordan Lyden, Cameron McGilp, Royce Brownlie, David Mitchell, Gareth Edds, Massimo Luongo, Mark Robertson and Jamie McMaster.


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 10:17:10
And this is why I struggle to trust him, a stream of new posters joining just to post what a great guy he is is utterly bizarre.
This.

Why not come out in public and say exactly whats going on rather than posting via proxy with fans.


Title: Re: Clem Morfuni?
Post by: Flashheart on Tuesday, June 23, 2020, 10:18:33
I suspect some of them are the same person.


Title: Re: Clem Morfuni?
Post by: Batch on Tuesday, June 23, 2020, 10:32:39
This.

Why not come out in public and say exactly whats going on rather than posting via proxy with fans.

Likewise Power and Red Robin? Assuming that's what's going on (fans as proxy).


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 10:38:44
Likewise Power and Red Robin? Assuming that's what's going on (fans as proxy).
Its all a bit petty by both parties, if that is indeed what is happening.

I suspect it could be something to do with neither wanting to give too much away to the other with all the court cases ongoing and avoiding any possible libelous comments directly from each participant.


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Tuesday, June 23, 2020, 11:33:30
But us fans don’t actually enter the equation when it comes to ownership - we get what we get.


Title: Re: Clem Morfuni?
Post by: Simon Pieman on Tuesday, June 23, 2020, 11:55:03
Anyone else getting these sponsored ads on Facebook? Someone's got a bee in their bonnet.



This is the article it links to, absolutely no mention of Clem's name in there:

https://www.constructionnews.co.uk/financial/administrations/london-based-me-specialist-collapses-owing-10m-18-06-2020/


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 11:56:58
But us fans don’t actually enter the equation when it comes to ownership - we get what we get.
Its pot luck Russian Roulette when it comes to new owners of football clubs, more so with ones at our level.

I doubt there is one owner in L1 and L2 that has no skeletons in the cupboard, no past history of failure, never been in trouble financially or with the law.

We as fans just hope that we don't end up with an absolute arsehole as an owner.

Usually lower league clubs are not bought because they look a good prospect for investment (unless they are a big club fallen on hard times like Sunderland/Bolton etc), small clubs are bought because somebody either has plans for selling assets of a club off for redevelopment or to make money from selling its land.

That is unless the club are bought by a fan who is willing to lose some money and improve the side, this is very rare and we would all wish for this in an ideal world.

Some owners try to hide behind this but are actually exactly the opposite, this is my fear with Clem, Power has always said hes not here for the long run, he wanted to get us in the black and performing on the pitch and then sell up, thats not changed.

Clem has so far not spoke about his intentions publically other than 1 small article where he mentions about getting in Aussie talent....and that was over 3 years ago, we can only go by what he has "leaked/proxied" out to/through fans.

I am not anti Clem, I am not anti Power, I am pro club and want the best for the club whoever owns/runs it.

And so far, excluding this court case Power TBH has not done too bad a job, hes made mistakes he has made some good decisions and always found funding when he needed to.

I don't want to go back to square 1 in club ownership again for the 8th or 9th time this century already.


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 11:58:39
This is the article it links to, absolutely no mention of Clem's name in there:

https://www.constructionnews.co.uk/financial/administrations/london-based-me-specialist-collapses-owing-10m-18-06-2020/
This one definately does though.

https://www.swindonadvertiser.co.uk/news/18530172.company-restructure-will-not-affect-swindon-town-involvement-says-clem-morfuni/


Title: Re: Clem Morfuni?
Post by: horlock07 on Tuesday, June 23, 2020, 12:39:14
This is the article it links to, absolutely no mention of Clem's name in there:

https://www.constructionnews.co.uk/financial/administrations/london-based-me-specialist-collapses-owing-10m-18-06-2020/

No mention of Clem at all, although interestingly mentions one of our clients who went bang last month, contracting is dying on its arse at the moment.


Title: Re: Clem Morfuni?
Post by: horlock07 on Tuesday, June 23, 2020, 12:40:30
This one definately does though.

https://www.swindonadvertiser.co.uk/news/18530172.company-restructure-will-not-affect-swindon-town-involvement-says-clem-morfuni/

Strangely silent on the debt to the tax man though.


Title: Re: Clem Morfuni?
Post by: pauld on Tuesday, June 23, 2020, 12:41:10
No mention of Clem at all
It's his company though isn't it? Don't think that's in dispute is it? He seems to accept it in the Adver article?


Title: Re: Clem Morfuni?
Post by: Costanza on Tuesday, June 23, 2020, 13:50:45
The only new quote from Clem in that Adver article appears to be 'No, not at all' which is quite obviously a quick reply via text message or email.

Local journalism in 2020.


Title: Re: Clem Morfuni?
Post by: donkey on Tuesday, June 23, 2020, 14:03:21
Its pot luck Russian Roulette when it comes to new owners of football clubs, more so with ones at our level.

Except in our case it seems five of the six chambers are loaded.


Title: Re: Clem Morfuni?
Post by: horlock07 on Tuesday, June 23, 2020, 14:04:16
It's his company though isn't it? Don't think that's in dispute is it? He seems to accept it in the Adver article?

I was more countering the suggestion circulating via Facebook that this was some sort of warts and all expose!


Title: Re: Clem Morfuni?
Post by: Simon Pieman on Tuesday, June 23, 2020, 14:41:57
I was more countering the suggestion circulating via Facebook that this was some sort of warts and all expose!

Yes, the link on Facebook stated "Clem Morfuni Uncovered" like it was some sensational story about him, or perhaps some dodgy photos. It's neither.


Title: Re: Clem Morfuni?
Post by: Leggett on Tuesday, June 23, 2020, 14:49:16
We've not ticked 'dodgy photos' off our rogue's gallery of previous owners, have we? Something to look forward to, I guesw...


Title: Re: Clem Morfuni?
Post by: Flashheart on Tuesday, June 23, 2020, 14:52:19
We've not ticked 'dodgy photos' off our rogue's gallery of previous owners, have we? Something to look forward to, I guesw...

Not owners.

But if my memory serves me right, there are/were 'dodgy photos' of our current director of football.


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Tuesday, June 23, 2020, 14:57:54
Not owners.

But if my memory serves me right, there are/were 'dodgy photos' of our current director of football.
That one seated next to Charlie ‘nail him to the door’ Richardson at Millwall!


Title: Re: Clem Morfuni?
Post by: Samdy Gray on Tuesday, June 23, 2020, 16:00:23
Ooh no, it would make a pleasant change from being advertised Dale Vince though.

I've been getting those too!


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 17:48:10
That one seated next to Charlie ‘nail him to the door’ Richardson at Millwall!
LP with Eddie Richardson - don't you know your Ronnie from your Reggie? ;)

https://www.pressreader.com/uk/daily-mail/20151023/283480730027546


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Tuesday, June 23, 2020, 17:59:04
You talkin’ to me?

He was a cruel man. But fair.


Title: Re: Clem Morfuni?
Post by: Peter Venkman on Tuesday, June 23, 2020, 18:51:33
You talkin’ to me?

He was a cruel man. But fair.
Audrey the Hat? :D


Title: Re: Clem Morfuni?
Post by: bamboonoshop on Wednesday, June 24, 2020, 04:15:37
Could always be Landing playing both Power and Clem off on each other? Animosity and confusion as the two dispute who is owner/takeover. Landing then gets the pick of who plays to his funding tune.

 :pint:


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Wednesday, June 24, 2020, 05:11:29
Who’s Landing?


Title: Re: Clem Morfuni?
Post by: Ginginho on Wednesday, June 24, 2020, 05:54:44
I guess he means Standing


Title: Re: Clem Morfuni?
Post by: pauld on Wednesday, June 24, 2020, 07:11:43
Who’s Landing?
Oh fucking great. Now we're involved in a 3 way power battle between Lee Power, some Aussie bloke with a bankrupt construction company and a Dallas spin-off series.
(https://mediaproxy.tvtropes.org/width/350/https://static.tvtropes.org/pmwiki/pub/images/f24a960d0dd9be5c0fd3a4c933f0a620.jpg)
Just have to hope Dynasty don't get involved


Title: Re: Clem Morfuni?
Post by: The Artist Formerly Known as Audrey on Wednesday, June 24, 2020, 07:14:41
Could just be Knotty



Title: Re: Clem Morfuni?
Post by: horlock07 on Wednesday, June 24, 2020, 09:47:18
Oh fucking great. Now we're involved in a 3 way power battle between Lee Power, some Aussie bloke with a bankrupt construction company and a Dallas spin-off series.
(https://mediaproxy.tvtropes.org/width/350/https://static.tvtropes.org/pmwiki/pub/images/f24a960d0dd9be5c0fd3a4c933f0a620.jpg)
Just have to hope Dynasty don't get involved

As an aside my missus has got well into the Dynasty reboot during lockdown, good grief!


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 12:34:26
Could always be Landing playing both Power and Clem off on each other? Animosity and confusion as the two dispute who is owner/takeover. Landing then gets the pick of who plays to his funding tune.

 :pint:

I think it will be interesting to see what will happen next when Clem gets a legitimate copy of his shareholding.  

I imagine debts are growing and a salary bill of around £200k/month will have to be honoured soon when the furlough scheme ends.  In a normal situation season ticket money would cover that, but I guess that depends on if that money has already been spent.... (and let's face it by whom, and on what).




Title: Re: Clem Morfuni?
Post by: Sippo on Thursday, June 25, 2020, 12:36:20
Dallas was better.


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 25, 2020, 13:25:09
I think it will be interesting to see what will happen next when Clem gets a legitimate copy of his shareholding. 

I imagine debts are growing and a salary bill of around £200k/month will have to be honoured soon when the furlough scheme ends.  In a normal situation season ticket money would cover that, but I guess that depends on if that money has already been spent.... (and let's face it by whom, and on what).




If it were me I'd try and get my cash back and run for the hills.



Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 25, 2020, 14:07:50
If it were me I'd try and get my cash back and run for the hills.



To get his cash back someone has to buy his shares, Power has been suggesting he's skint, perhaps Jeds got a few quid in the piggy bank!


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 14:17:03
To get his cash back someone has to buy his shares, Power has been suggesting he's skint, perhaps Jeds got a few quid in the piggy bank!

I don't think LP has any money/income besides what he takes from STFC, so we need someone to come in and buy a majority shareholding to see him off.  

I reckon Swindon is a £5m club worth about half that at today's prices, so 10k community shares at £250 each might do it.  

Just needs the fans to come together as one and make it happen - ironically the current combined shitstorm of corona + court battles might be the best time for this to happen in the last 25 years.


Title: Re: Clem Morfuni?
Post by: Batch on Thursday, June 25, 2020, 14:39:10
To get his cash back someone has to buy his shares, Power has been suggesting he's skint, perhaps Jeds got a few quid in the piggy bank!

I thought he hadn't got his shares in a legally recognised way?


Title: Re: Clem Morfuni?
Post by: horlock07 on Thursday, June 25, 2020, 14:42:42
I thought he hadn't got his shares in a legally recognised way?

Strangely for STFC it seems a bit of a grey area.

They have confirmed in writing (Last August just when it first kicked off) to Companies House that Clem (Via Axis) owns 15% of the shares of Swinton Reds (one of the parent companies I cannot OTTOMH remember what the hierarchy is between Swinton and Seebeck), but it doesn't appear that Clem has the paperwork he needs/wants.

In conclusion, who bloody knows.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 14:50:45
Strangely for STFC it seems a bit of a grey area.

They have confirmed in writing (Last August just when it first kicked off) to Companies House that Clem (Via Axis) owns 15% of the shares of Swinton Reds (one of the parent companies I cannot OTTOMH remember what the hierarchy is between Swinton and Seebeck), but it doesn't appear that Clem has the paperwork he needs/wants.

In conclusion, who bloody knows.

Pretty sure Clem is pursuing the correct paperwork via his lawyers, and when he has that I am sure we will hear from him again.


Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 25, 2020, 16:26:15
I don't think LP has any money/income besides what he takes from STFC, so we need someone to come in and buy a majority shareholding to see him off.  

I reckon Swindon is a £5m club worth about half that at today's prices, so 10k community shares at £250 each might do it.  

Just needs the fans to come together as one and make it happen - ironically the current combined shitstorm of corona + court battles might be the best time for this to happen in the last 25 years.
:Ride On Fatbury's Lovestick: :Ride On Fatbury's Lovestick: :Ride On Fatbury's Lovestick: You reckon someone could get the club for £2.5m??? You've got to pay almost that to pay off the Andrew Black debenture!


Title: Re: Clem Morfuni?
Post by: singingiiiffy on Thursday, June 25, 2020, 17:34:46
I don't think LP has any money/income besides what he takes from STFC, so we need someone to come in and buy a majority shareholding to see him off. 

I reckon Swindon is a £5m club worth about half that at today's prices, so 10k community shares at £250 each might do it. 

Just needs the fans to come together as one and make it happen - ironically the current combined shitstorm of corona + court battles might be the best time for this to happen in the last 25 years.

Ok so 10k of us have just bought the club. then what? do we just set up a direct debit for each month after? dont think you understand how a business works


Title: Clem Morfuni?
Post by: Batch on Thursday, June 25, 2020, 17:50:28
I don't think the suggestion deserves bashing. If power were to walk away it may be the only way to keep the club.

long term part fan ownership is a laudable aim


Title: Re: Clem Morfuni?
Post by: singingiiiffy on Thursday, June 25, 2020, 18:09:13
I don't think the suggestion deserves bashing. If power were to walk away it may be the only way to keep the club.

long term part fan ownership is a laudable aim

the suggestion that £250 would buy out power and solve the issue certainly is.

it sounds a beautiful idea and a dream to own the club you support but the reality is unbelievably hard. the fan base would have to come round to understanding that without high gate receipts and player sales it wont work and we would settle for low investment and probably low league positioning. our fans our spoilt for signings most seasons and it still has huge complaints.

theres no doubt there are people who are clever enough with the rights contacts that could make something happen. the people leading the way with the trust ground purchase have shown that.

realisticly the best we could ever hope for is fan representation on the board or aim for part ownership.


Title: Re: Clem Morfuni?
Post by: ronnie21 on Thursday, June 25, 2020, 18:57:37
I don't think LP has any money/income besides what he takes from STFC, so we need someone to come in and buy a majority shareholding to see him off. 

I reckon Swindon is a £5m club worth about half that at today's prices, so 10k community shares at £250 each might do it. 

Just needs the fans to come together as one and make it happen - ironically the current combined shitstorm of corona + court battles might be the best time for this to happen in the last 25 years.
So you think all his racehorses and training fees are being paid for by STFC?


Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 25, 2020, 19:38:31
I don't think the suggestion deserves bashing. If power were to walk away it may be the only way to keep the club.

long term part fan ownership is a laudable aim
With the Black debenture etc you’d be looking at £6m+ for the club, add in the ground purchase money and there’s not a cat in hells chance we’d raise £7m or more. The only way the fans will own the club is if we pretty much go to the wall and I’d quite like that not to happen!


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 25, 2020, 19:43:57
And don't think fan ownership solves a lot of the problems that some fans seems to think it solves.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 19:44:20
Ok so 10k of us have just bought the club. then what? do we just set up a direct debit for each month after? dont think you understand how a business works


Not quite.

You hold an EGM to elect an interim board to run the club, and then work closely with the Football Supporters Association (formerly Supporters Direct) who guide and advise on the mechanics of how to run a community owned club - see https://thefsa.org.uk/

Fans then elect board members, who stand for a fixed term, and they oversee the governance, finances and staffing of the club.

This happened at Bath City FC a few years ago, admittedly three leagues below Swindon, and it has been a big success with attendances up, community engagement up, a better bank balance and most importantly no scurrilous owners taking money out to finance their own gambling habits (allegedly).





Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 25, 2020, 19:48:49
And don't think fan ownership solves a lot of the problems that some fans seems to think it solves.
Totally agree, I’m not very keen on it. I think we should have some kind of representation but some of our supporters have delusions of grandeur so would be kicking off at the first sign of no success which is highly likely as it would be very restrictive in terms of spending power.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 19:49:59
realisticly the best we could ever hope for is fan representation on the board or aim for part ownership.

Absolutely right - the board of STFC is crying out for someone who is emotionally invested in the club and the town, rather than a seemingly endless line of faceless goons.  



Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 19:50:53
And don't think fan ownership solves a lot of the problems that some fans seems to think it solves.

this is true - plenty of examples where it hasn't worked.  Needs to be done with care and diligence.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 19:52:25
Totally agree, I’m not very keen on it. I think we should have some kind of representation but some of our supporters have delusions of grandeur so would be kicking off at the first sign of no success which is highly likely as it would be very restrictive in terms of spending power.

Pretty sure Clem is committed to a fan-elected rep to sit on the board - "someone with skin in the game".


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 19:53:54
I thought he hadn't got his shares in a legally recognised way?

I think this will come via a summary judgment.


Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 25, 2020, 19:56:55
Pretty sure Clem is committed to a fan-elected rep to sit on the board - "someone with skin in the game".
Well he needs to find £7/£8m and put his money where his mouth is (or rather a few supporters mouths)! That’s what it will cost as your £2.5m valuation miles off what it would take.


Title: Re: Clem Morfuni?
Post by: RobertT on Thursday, June 25, 2020, 19:58:26
There are some clever ways fans could leverage the current situation to fund a takeover offer - namely, they already have rights on purchasing 50% of the freehold, which provides a potential asset of value.  By purchasing the club, they'd also gain the remaining 50% via the club.  These two items alone would provide some sort of security against loans to part fund the purchase (common approach to buyouts - see Man Utd), provided a Business Case could be produced to show repayments would be made.  It's not impossible, just a lot of work for some very committed individuals/groups.

I am not a fan, pardon the pun, of fans on the Board - that tends to be more token.  You either get someone with an ego, or someone who can;t really enact any influence on the decisions being taken.  Far better for the Trust to have a direct relationship with the club and use that channel.  Now, a fan being suitable as an actual candidate for a Board of Directors, that would be different , but we don't have a Board to employ anyone to.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 20:02:32
Well he needs to find £7/£8m and put his money where his mouth is (or rather a few supporters mouths)! That’s what it will cost as your £2.5m valuation miles off what it would take.

Quite possibly, but also worth bearing in mind he's already invested £1.1m for a dodgy share certificate, covered £160k worth of club debt and paid for the shirt sponsorship.  

Like I say, will be interesting to see what happens when the proper share certificates come through.

My £2.5m 'valuation' is a guess at what LP might accept (probably in used 20s) to sign the ownership across to someone else and disappear.  Lower league football clubs will be a buyers market at the moment because they're all skint / about to go bust.

I do understand the cynicism though.... I think Swindon fans just want to feel loved.  


Title: Re: Clem Morfuni?
Post by: singingiiiffy on Thursday, June 25, 2020, 21:25:54
Not quite.

You hold an EGM to elect an interim board to run the club, and then work closely with the Football Supporters Association (formerly Supporters Direct) who guide and advise on the mechanics of how to run a community owned club - see https://thefsa.org.uk/

Fans then elect board members, who stand for a fixed term, and they oversee the governance, finances and staffing of the club.

This happened at Bath City FC a few years ago, admittedly three leagues below Swindon, and it has been a big success with attendances up, community engagement up, a better bank balance and most importantly no scurrilous owners taking money out to finance their own gambling habits (allegedly).





but where does the money come from once the fans buy it? if the club is unsustainable which most are then the fans would need to continually put in money? or over time you cut your cloth accordingly and end up with a weak team in a lower league. exeter seem to be surviving on player sales


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 22:36:26
but where does the money come from once the fans buy it? if the club is unsustainable which most are then the fans would need to continually put in money? or over time you cut your cloth accordingly and end up with a weak team in a lower league. exeter seem to be surviving on player sales

A football club is a business and should be run as one, whether community owned or not.

So this would require careful forecasting and possibly some cashflow in the short-term to keep it afloat, and this could be factored into the share offer.

STFC is around £4.5m turnover but could realistically become £10m within 3-5 years.  Just look down the M4 at what Bristol City has done.

My view is that an incoming board should consult with fans, local business, council and other community groups to create and publish a 3-5 year plan that would aim to get the club established in the Championship.  Priorities within this should be engaging with the 2k fans that have been staying away from games for the last few years, building a proper matchday experience which encourages fans to spend more time and money at games, investment in Ben Chorley's scouting network, and setting a realistic playing budget.

I'm not saying it's an easy task, far from it, but imagine what could be achieved if everyone pulled together and was equally invested in the future of the club.  A plan to establish STFC as a Championship club, with regular 15k attendances, better stadium, better matchday experience leading to more income and greater commercial opportunities.  

Isn't that what other, more successful clubs do?  Then why shouldn't Swindon?


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 25, 2020, 22:41:27

STFC is around £4.5m turnover but could realistically become £10m within 3-5 years.  Just look down the M4 at what Bristol City has done.


Do you mean the same Bristol City that has had a multi-millionaire owner ploughing money into it for years?


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 22:42:13
Do you mean the same Bristol City that has had a multi-millionaire owner ploughing money into it for years?

Touche.  But yeah - do you know any?


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 25, 2020, 22:45:50
Touche.  But yeah - do you know any?

Do I know any what? Multi millionaires? No, I don't. But we do have one as an owner with others as shareholders.

I don't see what your point is.

If you are trying to use other clubs as examples of what fan ownership can do then perhaps, maybe, you should point to a club that is actually owned by fans?


Title: Re: Clem Morfuni?
Post by: JBZ on Thursday, June 25, 2020, 22:51:32
Sounds a bit like the business plans prepared by candidates on The Apprentice.

Just picking up on the attendances point, I am not sure that getting the 2,000 odd supporters who may have given up on attending matches will swell attendances to 15k.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 22:53:42
Do I know any what? Multi millionaires? No, I don't. But we do have one as an owner with others as shareholders.

I don't see what your point is.

If you are trying to use other clubs as examples of what fan ownership can do then perhaps, maybe, you should point to a club that is actually owned by fans?

My point is that in the absence of a friendly, trustworthy and generous benefactor bailing us out we could try to actually try and fix the problem ourselves.

A club that is owned by the fans?  Bayern Munich.  Costs £12 to get in.  The "50 + 1" rule means the club has to have a controlling stake, commercial interests can't gain control.  Audi and Adidas each own 9% but the rest is controlled by the the club via its fans.

Sure that's Germany and this is England.  If Swindon became community owned it would be the biggest community owned club in the country.  Do Swindon fans have the ambition and passion to make that happen?  I have no idea.  Would they prefer to criticise from the sidelines?  It's possible.  But the mechanics are definitely there to make it happen - just takes hard work, commitment and a shared vision.  Are you in, Lord Flash?


Title: Re: Clem Morfuni?
Post by: Flashheart on Thursday, June 25, 2020, 22:55:13
.

https://www.youtube.com/watch?v=OXuDhejxz_c


Title: Re: Clem Morfuni?
Post by: JBZ on Thursday, June 25, 2020, 22:55:40
Crack is whack


Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 25, 2020, 23:03:21
My point is that in the absence of a friendly, trustworthy and generous benefactor bailing us out we could try to actually try and fix the problem ourselves.

A club that is owned by the fans?  Bayern Munich.  Costs £12 to get in.  The "50 + 1" rule means the club has to have a controlling stake, commercial interests can't gain control.  Audi and Adidas each own 9% but the rest is controlled by the the club via its fans.

Sure that's Germany and this is England.  If Swindon became community owned it would be the biggest community owned club in the country.  Do Swindon fans have the ambition and passion to make that happen?  I have no idea.  Would they prefer to criticise from the sidelines?  It's possible.  But the mechanics are definitely there to make it happen - just takes hard work, commitment and a shared vision.  Are you in, Lord Flash?
You’re now making comparisons with Bayern Munich! Really?!


Title: Re: Clem Morfuni?
Post by: Jimmy Quinn on Thursday, June 25, 2020, 23:04:45
Ok so 10k of us have just bought the club. then what? do we just set up a direct debit for each month after? dont think you understand how a business works


Not sure where the 10000 would come from more like 2500-3000 we just don't have a fan base like Pompey


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 23:07:31
You’re now making comparisons with Bayern Munich! Really?!

I guess it comes down to a level of ambition.... I could make comparisons with Macclesfield, Morecambe or Melksham Town but I think I'd lose interest in what I was saying.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Thursday, June 25, 2020, 23:08:58
Not sure where the 10000 would come from more like 2500-3000 we just don't have a fan base like Pompey

I hear that 100%, all I can say is nobody thought the Bath City community share offer would hit it's £350k target - but it did, and was supported by people all over the world.

I just think we need to aim higher.


Title: Re: Clem Morfuni?
Post by: JBZ on Thursday, June 25, 2020, 23:09:36
Ambition is great but it should also be grounded in some form of reality.


Title: Re: Clem Morfuni?
Post by: theakston2k on Thursday, June 25, 2020, 23:21:45
I guess it comes down to a level of ambition.... I could make comparisons with Macclesfield, Morecambe or Melksham Town but I think I'd lose interest in what I was saying.
You’ve compared us to a club owned by a borderline billionaire who has spent £100m plus on them and then one of the most supported clubs in the world. Neither are remotely relevant to us.
The 2 league comparisons are Exeter who without player sales would be an average league 2 team at best and the other is Wimbledon but they aren’t exactly a success story either and have done some dodgy things to rebuild most notably to Kingstonian. I see no evidence that our fanbase would be capable of raising the £7m/£8m to get ownership of the club even with possible loans and as for ongoing finance we’d be in much the same position as Exeter.
Also I don’t see where your mythical £10m turnover figure comes from, that’s double any historical figure we’ve achieved in 20+ years, it would mean doubling our turnover. That would require the ground redevelopment and a significant upturn in attendances of which I’ve not seen much evidence of being overly likely.


Title: Re: Clem Morfuni?
Post by: bamboonoshop on Friday, June 26, 2020, 01:53:32
Wimbledon but they aren’t exactly a success story either and have done some dodgy things to rebuild most notably to Kingstonian.

Ackshurlyy, that was pretty much Chelsea's doing if you read all the detail. But I agree with the rest of your paragraphs. Was nearly as concise as me  ;)


Title: Re: Clem Morfuni?
Post by: bamboonoshop on Friday, June 26, 2020, 03:11:30
Is this "Nestor Heade" dude the same guy that I called JayBox and kept on about how he met Clem in London (?) at Cafe Nero and discussed Bath City? Because the writing style seems quite similar. In the sense he keeps having sly or even bracketed digs at Power every now and again, keeps bringing up Bath City and seems pro Clem with a part fan ownership styley.

So Nestor Heade, is this the kind of "plan" or "framework" you have heard/discussed with Monsieur Morfuni that he thinks would be a way of taking over STFC? An expectation that the fans run it for him, with him potentially just topping us up now and again (or maybe asking Landing (yes I do mean Standing) to keep his end up as well). Then he can (when it possibly all fails) turn around and say that the fans weren't ambitious enough?

Because that's how your tone reads to me and it is very much in the "Clem humping" JayBox/Bath bloke mold.

I'm neither pro Clem or Power but your erection over Clem is somewhat tedious and appears to be designed/written in a way to turn heads and get more fans on side. For me it's just fucking annoying and trust me, I'm one of the most annoying cunts around. You can't fool me in that respect fella. Number - called.

Edit: It appears that your handle has been altered (I think) from the one you were using, when you posted in the Court Case thread, earlier this month. So essentially, same poster: same dog n towel shite.


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Friday, June 26, 2020, 07:48:33
Is this "Nestor Heade" dude the same guy that I called JayBox and kept on about how he met Clem in London (?) at Cafe Nero and discussed Bath City? Because the writing style seems quite similar. In the sense he keeps having sly or even bracketed digs at Power every now and again, keeps bringing up Bath City and seems pro Clem with a part fan ownership styley.

So Nestor Heade, is this the kind of "plan" or "framework" you have heard/discussed with Monsieur Morfuni that he thinks would be a way of taking over STFC? An expectation that the fans run it for him, with him potentially just topping us up now and again (or maybe asking Landing (yes I do mean Standing) to keep his end up as well). Then he can (when it possibly all fails) turn around and say that the fans weren't ambitious enough?

Because that's how your tone reads to me and it is very much in the "Clem humping" JayBox/Bath bloke mold.

I'm neither pro Clem or Power but your erection over Clem is somewhat tedious and appears to be designed/written in a way to turn heads and get more fans on side. For me it's just fucking annoying and trust me, I'm one of the most annoying cunts around. You can't fool me in that respect fella. Number - called.

Edit: It appears that your handle has been altered (I think) from the one you were using, when you posted in the Court Case thread, earlier this month. So essentially, same poster: same dog n towel shite.

Yes, in a word.  Handle was meant to be 'that Nestor Lorenzo header' (the one against Portsmouth into the town end goal in 1990, did you see it?) but I ran out of characters so the final 'r' got left off.

I'm a Swindon fan living in Bath, and yes am pro-community ownership having had some involvement with this with Bath City.  But no this is not a plan I have discussed with Clem other than an introduction with Supporters Direct when it was all kicking off between the Trust and LP with regards separate bids to the council to buy the ground.  I have no idea what Clem is planning to do, but yes I am "pro Clem" having met him several times and buy into what he says about the potential to build Swindon to become a championship club.  I don't really understand why people are suspicious about him, but that's their business I guess - I just offer my own views based on having met and spoken to Clem and years of frustration watching Swindon decline into mediocrity.

Don't get me wrong I would LOVE a new owner to come in and buy the club, clear the debts, engage with fans properly and take us up the leagues.  I even think this could happen with Clem either as majority or minority shareholder.  But in the absence of this I merely suggest the community ownership thing as an idea worthy of consideration.


Title: Re: Clem Morfuni?
Post by: Jimmy Quinn on Friday, June 26, 2020, 08:18:56
I hear that 100%, all I can say is nobody thought the Bath City community share offer would hit it's £350k target - but it did, and was supported by people all over the world.

I just think we need to aim higher.

The problem is if the extra investment dosen't come in we would eventually be in financial trouble


Title: Re: Clem Morfuni?
Post by: That Nestor Lorenzo Heade on Friday, June 26, 2020, 08:36:53
The problem is if the extra investment dosen't come in we would eventually be in financial trouble

Agreed, community ownership is not a silver bullet.  Far from it!  But it would enable proper governance and remove the risk of pernicious sugar daddy 'investors' from asset stripping and/or building up debts, which I contend has been the major stumbling block to progress with STFC in the last 20-30 years (in fact my whole lifetime).



Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Friday, June 26, 2020, 09:52:26
A football club is a business and should be run as one, whether community owned or not.

So this would require careful forecasting and possibly some cashflow in the short-term to keep it afloat, and this could be factored into the share offer.

STFC is around £4.5m turnover but could realistically become £10m within 3-5 years.  Just look down the M4 at what Bristol City has done.

My view is that an incoming board should consult with fans, local business, council and other community groups to create and publish a 3-5 year plan that would aim to get the club established in the Championship.  Priorities within this should be engaging with the 2k fans that have been staying away from games for the last few years, building a proper matchday experience which encourages fans to spend more time and money at games, investment in Ben Chorley's scouting network, and setting a realistic playing budget.

I'm not saying it's an easy task, far from it, but imagine what could be achieved if everyone pulled together and was equally invested in the future of the club.  A plan to establish STFC as a Championship club, with regular 15k attendances, better stadium, better matchday experience leading to more income and greater commercial opportunities.  

Isn't that what other, more successful clubs do?  Then why shouldn't Swindon?

Although nothing wrong with running a club on business principles, an FC isn't just like a normal business.  It would have been closed many times down the years.

As things stand our ambition should be to have something resembling our traditional Div 3 club that plays mostly on a Saturday afternoon.  We've found it quite difficult this millenium to stay in Div 3, having had 3 relegations in 11 years.... prior to that we had 1 relegation to Div 4 in the approx 50 years it was an option.

Achieving that traditional status atm is largely out of our hands as we'll need to see how footbal will shape up over the coming months... hopefully we'll see something recognisably Div 3, and then worry about staying in it.


Title: Re: Clem Morfuni?
Post by: Nomoreheroes on Friday, June 26, 2020, 10:08:50
Yes, in a word.  Handle was meant to be 'that Nestor Lorenzo header' (the one against Portsmouth into the town end goal in 1990, did you see it?) but I ran out of characters so the final 'r' got left off.


Yes, yes I did https://www.youtube.com/watch?v=bWDfhc27ZSE (https://www.youtube.com/watch?v=bWDfhc27ZSE)



Title: Re: Clem Morfuni?
Post by: michael on Friday, June 26, 2020, 10:12:35
Achieving that traditional status atm is largely out of our hands as we'll need to see how footbal will shape up over the coming months... hopefully we'll see something recognisably Div 3, and then worry about staying in it.
As I have said before, we do not have to "worry" about staying in Div 3 because if or when we do get relegated from it, we will then (and only then) have a chance to draw level with Chesterfield in winning four Div 4 league titles.


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Friday, June 26, 2020, 10:22:55
As I have said before, we do not have to "worry" about staying in Div 3 because if or when we do get relegated from it, we will then (and only then) have a chance to draw level with Chesterfield in winning four Div 4 league titles.

Although an achievement, I'd prefer not to be in Div 4 again, as Chesterfield have shown the pitfalls of Div 3/4 yo-yoing.

Think they have managed to avoid Conference North, but only just


Title: Re: Clem Morfuni?
Post by: michael on Friday, June 26, 2020, 10:47:22
I am fairly confident that we will never end up in Conference North


Title: Re: Clem Morfuni?
Post by: Reg Smeeton on Friday, June 26, 2020, 10:59:14
I am fairly confident that we will never end up in Conference North

Oxford City managed it....