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Author Topic: "Mystery Investor" - again  (Read 8012 times)
TalkTalk

« on: Wednesday, June 6, 2007, 07:58:58 »

Smarmes was on Beeb Swindon again this morning talking about the almost imminent injection of dosh by the mystery investor.

Ed suggested that a lot of supporters would be sceptical, having heard this one so many times before. Bless him.
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fatbury

« Reply #1 on: Wednesday, June 6, 2007, 08:01:24 »

show us the money or sod off!
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Thingie

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« Reply #2 on: Wednesday, June 6, 2007, 08:10:41 »

The way they are playing this I'd say they are talking to someone. But whether progress is being overstated or not is another matter.

Interestingly the BBC RS report said that although the amounts were not known it is beleived that Sir Seaton Wills would still be involved in the club.  I hope that doen't mean retention of his advisor/certain board members.

We need either a shit load of money or a complete change in leadership before things will ultinmately settle down and everyone can return to enjoying the football, whilst pulling in the same direction off the field.
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pauld

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« Reply #3 on: Wednesday, June 6, 2007, 08:39:38 »

Quote from: "TalkTalk"
Smarmes was on Beeb Swindon again this morning talking about the almost imminent injection of dosh by the mystery investor.

Ed suggested that a lot of supporters would be sceptical, having heard this one so many times before. Bless him.

As it's three weeks since Andronikou said there's be an announcement in two weeks I'd expect this is as much an attempt to stave off "So where is he then?" as anything.
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Give us an S

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« Reply #4 on: Wednesday, June 6, 2007, 08:48:39 »

Im sure the mystery investor will pull out at the last minute and the fans will some how be blamed for it.
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STFC Bart

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« Reply #5 on: Wednesday, June 6, 2007, 09:07:28 »

Exactly give us an S

Who in their right mind or with any business brain entrust large amounts with Newbury and co.

24 days left until the CVA is due- the clock is ticking down fast.

Also why wont they sign the bloody NDA?
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sonic youth

« Reply #6 on: Wednesday, June 6, 2007, 09:25:14 »

considering Starnes is also in today's adver insisting there was "no decision to make" over the rovers groundshare, it's clearly another blatant piece of male cow poo.
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pauld

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« Reply #7 on: Wednesday, June 6, 2007, 09:40:09 »

Actually to be fair to Starnes he's right that there was no decision to make in that it was taken out of their hands - Rovers looked at the amount of opposition the idea was attracting, saw that Swindon were making a total dog's breakfast of the PR/consultation process (and running the risk of substantial opposition on a political level) and concluded it was a mess that wasn't going to be sorted out in the timeframes they needed in order to satisfy the League and sell season tickets so they pulled the plug. So no decision was needed by STFC in that sense as it was made for them.
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Richard4acre

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« Reply #8 on: Wednesday, June 6, 2007, 09:52:40 »

Once the CVA payment is made .. Is this the 'bullet payment' that will clear the CVA off? This leaving us with a substantially decreased debt?
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ne day, The County Ground will be a happy place.
pauld

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« Reply #9 on: Wednesday, June 6, 2007, 10:00:20 »

Quote from: "Richard4acre"
Once the CVA payment is made .. Is this the 'bullet payment' that will clear the CVA off? This leaving us with a substantially decreased debt?

Yes, that's correct. Although there's two problems with that:

1) Both the board and Andronikou have repeatedly said they have no chance of paying it
2) They've accumulated quite a lot of other debt in the meantime
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sonic youth

« Reply #10 on: Wednesday, June 6, 2007, 10:01:48 »

Quote from: "pauld"
Actually to be fair to Starnes he's right that there was no decision to make in that it was taken out of their hands - Rovers looked at the amount of opposition the idea was attracting, saw that Swindon were making a total dog's breakfast of the PR/consultation process (and running the risk of substantial opposition on a political level) and concluded it was a mess that wasn't going to be sorted out in the timeframes they needed in order to satisfy the League and sell season tickets so they pulled the plug. So no decision was needed by STFC in that sense as it was made for them.


starnes was trying to make it sound as though they weren't for or against the idea, which is the bit that is bollocks
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Thingie

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« Reply #11 on: Wednesday, June 6, 2007, 10:02:14 »

It is the bullet payment meaning the debt covered by the CVA will be paid off.

However there will still be debts arising from our year on year losses since the CVA regarding servicing of whatever it is we have borrowed/mortgaged/etc to cover these losses.

edit: arse, 2 mins too late (see above)
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STFC Bart

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« Reply #12 on: Wednesday, June 6, 2007, 10:06:50 »

Yes year on year losses accrued by this board. This is why no one in their right mind will give them any moneyand let them retain control. Surely?
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stfctownenda

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« Reply #13 on: Wednesday, June 6, 2007, 12:04:04 »

Quote from: "sonic youth"
Quote from: "pauld"
Actually to be fair to Starnes he's right that there was no decision to make in that it was taken out of their hands - Rovers looked at the amount of opposition the idea was attracting, saw that Swindon were making a total dog's breakfast of the PR/consultation process (and running the risk of substantial opposition on a political level) and concluded it was a mess that wasn't going to be sorted out in the timeframes they needed in order to satisfy the League and sell season tickets so they pulled the plug. So no decision was needed by STFC in that sense as it was made for them.


starnes was trying to make it sound as though they weren't for or against the idea, which is the bit that is bollocks


That is a classic bit of the article.  After reading back of yesterdays Western Daily Press in which the Rovers chairman said we were very co-operative and positive in negotiations and effectively offered them the hand of friendnship I would say our board were doing everything they could to push it through.

Todays article with Starnes was predictable, boring and complete horse shit.  Definitely think this was a big win for the fans and the public of Swindon and also big plus points again for the adver who kept it in the public eye and covered several articles on it, Andy Cryer has been good lets hope he continues in the same style.
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« Reply #14 on: Wednesday, June 6, 2007, 12:31:48 »

Quote from: "pauld"
Quote from: "TalkTalk"
Smarmes was on Beeb Swindon again this morning talking about the almost imminent injection of dosh by the mystery investor.

Ed suggested that a lot of supporters would be sceptical, having heard this one so many times before. Bless him.

As it's three weeks since Andronikou said there's be an announcement in two weeks I'd expect this is as much an attempt to stave off "So where is he then?" as anything.


i think that's exactly it Paul
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