SuggWillSugg MBE
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« Reply #210 on: Thursday, January 17, 2013, 13:46:09 » |
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Swindon Town Chief Exec Nick Watkins tells @bbcpointswest that administration is "not under consideration" at the moment. Move along now. |
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #211 on: Thursday, January 17, 2013, 13:48:39 » |
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The only facts reported in the article are that we're technically in debt £13 million and that the Chairman wants out. I'm pretty sure the last published accounts showed this level of debt so this could have been reported at any point since then.
Why Chris Wise has waited until now i don't know. The only new information i have gleaned from today is that there is a board meeting on Saturday. Maybe he heard that, put two and two together and came up with a sensationalist article incorporating the dreaded "A" word.
Or maybe someone looking to add public pressure to one side or another in private negotiations said "Hey, guess what?". I find that more likely than that Chris Wise happens to have had a sudden brainstorm ahead of a regular board meeting on Saturday. |
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ghanimah
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« Reply #212 on: Thursday, January 17, 2013, 13:49:26 » |
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Move along now.
"At the moment". He hasn't ruled it out. |
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"We perform the duties of freemen; we must have the privileges of freemen ..."
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Simon Pieman
Original Wanker
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« Reply #213 on: Thursday, January 17, 2013, 13:50:08 » |
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What are those figures based on? Ownership of the club, the holding company, or both?
Holding company. Interestingly I'm just looking at the club and a return of allotment of shares was filed at compnaies house on the 11th (only showing up today, form signed on the 8th). I've just downloaded it to have a butchers. |
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ghanimah
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« Reply #214 on: Thursday, January 17, 2013, 13:50:10 » |
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Or maybe someone looking to add public pressure to one side or another in private negotiations said "Hey, guess what?". I find that more likely than that Chris Wise happens to have had a sudden brainstorm ahead of a regular board meeting on Saturday.
Boardroom politics...marvellous ain't it? |
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"We perform the duties of freemen; we must have the privileges of freemen ..."
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Paolo69
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« Reply #215 on: Thursday, January 17, 2013, 13:52:08 » |
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Or maybe someone looking to add public pressure to one side or another in private negotiations said "Hey, guess what?". I find that more likely than that Chris Wise happens to have had a sudden brainstorm ahead of a regular board meeting on Saturday.
It's not a regular board meeting though. There's potential new investors there - or so we're told. Who the fuck knows what's going on or started it?! |
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #216 on: Thursday, January 17, 2013, 13:55:51 » |
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It's not a regular board meeting though. There's potential new investors there - or so we're told. Who the fuck knows what's going on or started it?!
a) Not nearly as much is going on as is implied by the headlines b) Flashheart started it by ringing the BBC in a funny voice and then claimed to have "been out all morning". Yeah, right. |
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lambourn red
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« Reply #217 on: Thursday, January 17, 2013, 13:56:02 » |
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Not really. The BBC didn't just pluck this out of thin air, they got it from somewhere. Which of the protagonists it came from is kind of immaterial tbh.
Like I said earlier JW was very forth coming with this information over a week ago to a friend of mine who see's him now and again so my guesses would be that the BBC have contacted JW who has been honest and open. It has been blown out of all proportion and headlines posted on the BBC website by BBC Wilts have started this snowball rolling interestingly they have changed the sensationalising headline from "Swindon consider administration" to "Swindon Town up for Sale to avoid Adminisration" |
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Simon Pieman
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« Reply #218 on: Thursday, January 17, 2013, 13:57:09 » |
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A further 32,000,000 1p shares were alloted (issued) and unpaid on the 8th January.
The documents I can download don't have a list of shareholders.
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Saxondale
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« Reply #219 on: Thursday, January 17, 2013, 13:59:01 » |
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Statement Friday to return?
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Never knowingly overstated.
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Paolo69
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« Reply #220 on: Thursday, January 17, 2013, 13:59:22 » |
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a) Not nearly as much is going on as is implied by the headlines
b) Flashheart started it by ringing the BBC in a funny voice and then claimed to have "been out all morning". Yeah, right.
Haha. Think you're right Paul. The headlines have been ridiculous and have even got cunts like Arian Durham talking about/slating us. Flashheart - Superb panting on your phone call by the way. Hope the dentists wasn't too painful. |
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Saxondale
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« Reply #221 on: Thursday, January 17, 2013, 14:10:09 » |
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Sam Morshead @SamMorshead_SA
Very positive chats with PDC and Nick Watkins this afternoon. General message to potential investors: 'Come and buy a fantastic product'
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Never knowingly overstated.
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Batch
Not a Batch
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« Reply #222 on: Thursday, January 17, 2013, 14:10:21 » |
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A further 32,000,000 1p shares were alloted (issued) and unpaid on the 8th January.
The documents I can download don't have a list of shareholders.
For the thickies at the back (me) is this new equity that is as yet unsold? |
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Simon Pieman
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« Reply #223 on: Thursday, January 17, 2013, 14:18:04 » |
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For the thickies at the back (me) is this new equity that is as yet unsold?
No, it is new shares which have been issued but not yet paid for. Value of £320,000 in total. |
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Arriba
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« Reply #224 on: Thursday, January 17, 2013, 14:22:05 » |
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Sam Morshead @SamMorshead_SA
Very positive chats with PDC and Nick Watkins this afternoon. General message to potential investors: 'Come and buy a fantastic product'
what kind of message does the current board send out though? Such a fantastic product that they want to sell it, 2even though we won the league last year and are chasing promotion again. |
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