Do you back hard action if talks have collapsed

[yeo]

I'll reserve judgement til I hear the facts. I just want the best for the club- current board or not.

what a twat of a comment

[Fred Elliot]

I am afraid that the moment has now come that we cannot play the "dignified, calm heads" approach any further (this is my personal opinion and in no way constitues any form of official stance)

It saddens me to add that I think that now the fans will decide to do exactly what they feel they need to do.

Whilst I do not condone that, I perfectly understand that patience has now expired and I fully expect for things now to move to another level.

All I will say is, if any form of protests are going to happen, please make them after the game and not before.

[Arriba]

whats changed then?

[Maverick]

So are you saying that you believe the negotiations are over Fred?  

If so, wouldn't it be sensible to wait until Mike W/Bill/Phil say so officially?  

After all they asked (as did the Trust) for a period of calm to let talks proceed.

If there is a protest before any official statement (at least from the Consortium side), then surely that in itself could help to screw things up?

[Fred Elliot]

I am sure that some form of statement from STFC will be made shortly.

We have had a period of calm, I have been impressed that, to a man, it has been observed.

But you cant ask for that indefinately

[Batch]

If the negotiations have collapsed with reason, lets hear them and lets hear the consortium response to these reasons. We can make our minds up then.

If talks have failed to take place, have been blocked from being meaningful or rejected without good reason then bring on the demos after each game.

[STFC Bart]

Folks, i would be absolutely amazed if the creditors agree to renegotiate the CVA.

75% of the creditors by value must vote for the change for it to be passed through, this is highely unlikely to happen in my opinion. If you as a group were owed £100,000 from 30/6/06 and £900,000 on 30/06/07, and you knew a rival group were waiting in the wings that would pay these figures in full, would you really agree to spread this over 10 years which is what Diamandis is proposing?

The club do not have the £1m needed by 30/6/07- fact
The council do not trust them and they are highly unlikely to get a redevlopment.

They are in a weak position. Tbh many of you have slated me on here but i have backed the calm shown for a preaceful protest. I think if talks have broken down now is the time for hard action. We appear to have little other choice

[Arriba]

i think a statement from the consotium and bill power with proof of funds to take stfc forward needs to be made public before a protest takes place.

[STFC Bart]

Arriba that hs already been provided- look at themanifesto on trust STFC.

Believe me i have voted at many creditors meetings on these matters and i would be very suprised if a renogotiation is agreed. As i said it comes down to the biggest creditors by value

[Maverick]

Fred - surely you will already know if the talks have broken down?

Why must the statement come from the club?  Surely they are the last people who will want to announce it (knowing the likely backlash?).

Let's hear it from Mike W/Bill/Phil - especially as I am sure they will also tell us the reasons if things have broken down.

I cannot believe that people are reacting to a rumour.

[Batch]

It is speculation, but If it has happened I think it best that the consortium release the information.

The trust and individual comments from trust officials have been slated in the past as "unprofessional", etc, etc as you well know.

[Batch]

Believe me i have voted at many creditors meetings on these matters and i would be very suprised if a renogotiation is agreed. As i said it comes down to the biggest creditors by value

Is that not HM revenue and excise? Do they hold 75% or near it on their own.

It has been stated elsewhere that the full council cabinet have not been consulted on the CVA renegotiation. Given they were by far the largest non-preferred creditor I can only assume their opinion is not required to conduct a restructure.

As you say, this really doesn't seem to be the way to go if you are seriously going to try and get them onside re: the CG redevelopment.

It also begs the question as to how the club expect to balance the books for an extra 100k per annum on top of our normal 700K loss whilst they try and get a ground redevelopment going (and hence investment). Playing staff? Sack more secretaries? A question I will be asking at the fans forum.

[Maverick]

I agree Batch, completely.  That's why I said "Let's hear it from Mike W/Bill/Phil - especially as I am sure they will also tell us the reasons if things have broken down. "

[Batch]

In fairness you did ask if Fred has heard anything, it is not really his place to say (we agree!).

Seems to be a fair few people saying it has happened though. Could be internet guff, but I have my doubts. I think we'll know by Monday morning.

[Maverick]

Batch, with all these mixed messages, do you get the feeling that perhaps the £100k may get paid sooner rather than later, leaving the way clear until the biggie is due in June?