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Author Topic: Lee Power siphoning off funds  (Read 77296 times)
jayohaitchenn
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« Reply #15 on: Wednesday, August 3, 2016, 20:04:31 »

Ling should be made to fill the training ground sink hole!

With his tears
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lambourn red

« Reply #16 on: Sunday, October 30, 2016, 10:40:03 »

http://www.swindonadvertiser.co.uk/sport/14831800.Is_Lee_Power_set_to_invest_in_Irish_club_/

Apologes if someone has already mentioned this I could not see any mentions. Not quite sure why he wants to get involved in another club when he has much to fix at his current one .
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The Grim Reaper

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« Reply #17 on: Sunday, October 30, 2016, 11:05:39 »

Maybe he's had enough here hopefully. Personally I think he's just using the income from this club to fund his purchase of another. Not good.
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ronnie21

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« Reply #18 on: Sunday, October 30, 2016, 11:09:14 »

Maybe he's had enough here hopefully
Hope you are wrong as it would be extremely bad news for our club, unless he has a buyer lined up!
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Flashheart

« Reply #19 on: Sunday, October 30, 2016, 11:28:13 »

I want him to stay on, make his model work and get us into the championship.
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Reg Smeeton
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« Reply #20 on: Sunday, October 30, 2016, 11:30:05 »

 I think we need to hold fire on this, until we get something a bit more concrete.
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REDBUCK

« Reply #21 on: Sunday, October 30, 2016, 11:34:06 »

Why would anyone do that Reg?, Power is evil don't forget
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sonicyouth

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« Reply #22 on: Sunday, October 30, 2016, 11:35:09 »

It is literally unheard of for someone to own more than one sporting business at any time.

Oh.

Wait.
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Bob's Orange
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« Reply #23 on: Sunday, October 30, 2016, 11:40:03 »

'Fans' are singing about wanting Power out.

Maybe he's going to fuck off and give them their wishes. Only then will we see where the club goes without him, where is the queue of people to buy us?

I watched Blackburn v Wolves last night, both have wealthy owners and yet Blackburn fans want them out. Wealthy foreign owners does not equal success all the time, for every Bournemouth there is a Blackburn. I think we need to be very careful what we wish for.
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
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THE FLASH

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« Reply #24 on: Sunday, October 30, 2016, 12:04:17 »

'Fans' are singing about wanting Power out.

Maybe he's going to fuck off and give them their wishes. Only then will we see where the club goes without him, where is the queue of people to buy us?

I watched Blackburn v Wolves last night, both have wealthy owners and yet Blackburn fans want them out. Wealthy foreign owners does not equal success all the time, for every Bournemouth there is a Blackburn. I think we need to be very careful what we wish for.

As soon as he laid his stall out I was all meh.

The new Crewe....I thought. But not overly pissed off... Lucky to get promotion but shouldnt struggle too much.

Trouble is...the model is now failing...and so is the team....

Knives are out.

I can't see Power changing the model...so takeover is the only light.

But you are right...where is the queue waiting to take us over!?

It's all dark...
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Clems Army!
chalkies_shorts

« Reply #25 on: Sunday, October 30, 2016, 12:39:43 »

Fuck knows what this means if anything. The vast majority of fans don't have a fucking clue whether to trust power or not and the majority of those don't give a fuck either. Im on the fence. Whilst my natural inclination is to distrust he could have cashed in even more with fods beeks and kasim. When things are going shit on the pitch he's got to expect he will come under greater scrutiny and this will fuel the fire.
« Last Edit: Sunday, October 30, 2016, 13:06:29 by chalkies_shorts » Logged
Whits
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« Reply #26 on: Sunday, October 30, 2016, 12:43:06 »

Finally we have a feeder club!!
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Plays in midfield and his name is Tommy Miller,
signed him from Huddersfield his name is Tommy Miller,
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Flashheart

« Reply #27 on: Sunday, October 30, 2016, 12:53:55 »

If Power did sell, and to an owner that really is all the things that Power's accused of being, Power will be blamed for that as well.
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FreddySTFC!

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« Reply #28 on: Sunday, October 30, 2016, 12:56:13 »

If Power did sell, and to an owner that really is all the things that Power's accused of being, Power will be blamed for that as well.
I don't see a major issue with that. He needed to have an exit strategy under the guidelines of the farce that is the fit & proper persons test! It was my only gripe with Black - the fact that his exit strategy sucked!!
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Outletred

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« Reply #29 on: Sunday, October 30, 2016, 14:36:25 »

Problem is Power does not even have to file full accounts so we don't know.

Biggest issue is with transparency- there is no one else involved on the board to hold him to any sort of account- he has openly said that he is not interested in any other sort of outside investment coming in- if someone was out there then why is this?

You only have to look at his past business dealings to know his track record.

Someone needs to scrutinise pur financial position properly using our gate and other revenue against projected outgoings. If we are breaking even as stated then this would go for us in any sale.

Would hope the trust are into this-10 years ago they would've been all over it
« Last Edit: Sunday, October 30, 2016, 14:38:15 by Outletred » Logged
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