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Author Topic: Morfuni investing heavily in STFC  (Read 17816 times)
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« Reply #75 on: Thursday, August 15, 2019, 12:12:33 »

There we go then.

Swindon Reds (holding co):
85 shares L Power
15 shares Axis Football Investments Ltd
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suttonred

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« Reply #76 on: Thursday, August 15, 2019, 12:14:39 »

Dont know much about finance stuff, but does that mean 100k per share?
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horlock07

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« Reply #77 on: Thursday, August 15, 2019, 12:17:54 »

Dont know much about finance stuff, but does that mean 100k per share?

Theoretically its 15 £1 shares for the purpsoes of the company?

THis might or might not work

https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/YaYvi3dnBnDxqMohVOV2fI-_3iEi8dYNCdDbXCCshp0/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3IA3OOJOK%2F20190815%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20190815T111337Z&X-Amz-Expires=60&X-Amz-Security-Token=AgoJb3JpZ2luX2VjEI7%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCWV1LXdlc3QtMiJHMEUCIQDOdO93ZUCkLg7au%2F%2FS7zDI%2Fpmo%2BlJMpbvdJcEyKRANdQIgJPBx04Ze%2FRniU0FZEDKchwrfH8JnBqd0ABiaez8Cd8Yq2gMIJxACGgw0NDkyMjkwMzI4MjIiDOd9GShFMZvzGRUbwSq3A5OIE%2FN3fzCL4BXmBOct3z4P3mO8mnEbvppg%2FisQAMDpZfU54MoVTWgDuqknj3fVfz4fEPJrMR56fnx7%2BbKQk8elQr%2FVQArcCefDZuenJwU6hMrHl%2B7Hydr3EKfII0o7khljRD3EB1Nqwi58KGLT%2F2BCVBsdszNx6Tcn4buE6LR2jLrOzgKqna6T4WhKAtbRjXtbedayQKN%2BqyArcbmst%2BPXfE%2FyI0FORc6ZxchF%2FTBV3Lg%2F%2FyyFGmclKOB775CMmnx7HUNu4f8DaUg1kEHM4Y2qMsobsdzku8cPd5JEnmchQRimreAJfWaoCwirNJN1fLnPEGeqg5eFqhQQaCymuhct3cfwJ4NDw1a4vuw%2FSAtL%2BpRKudKCK%2FWhXUrpTeCE3op6Z14JH%2FsQPTjRE%2BX0v3VK6gAvfq5YvOyqEkEb6E3kc0HzX%2BX%2FE12D2e2UlTG6fsEtXT01QVKD71fZuD%2Bp3mu19b3f%2F71dd3z1FTpCSfcoaELuBmvsNizhADEhYPMijQpU%2FJhcCyNs9YUNA2t9XcoQTfx9%2FpQEEkx6frRwRGtgzSj3%2BW04gzQ66vtGJqQXiItIw7%2BSxPkwlefT6gU6tAG7YkzS9noki1%2Fs%2BaRu77puPhshOC5s4FYrZUsdkcikiWgG8EF%2FmSm8nOPe02QlMMW%2FR2ubt27eOtjRPvObUxCcprwxhL6uZgLUyhqqizpvxs0P70nfebClLbySedEC9jF94OTQ%2Fn2auW1GrQ870KKfd21q3G9gDO0luuPBx7wJlh1hVSiwUXQ8rVb3zx%2BisInn5tp4BFFfnXCcwnUc509D8vzEjEXURqjEcbq3wNS8b2v3TeQ%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=fe6bc173a03a1e93861009cd071b36614ec62243c7ed0550777167b583cb09a8
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The Artist Formerly Known as Audrey

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« Reply #78 on: Thursday, August 15, 2019, 12:19:22 »

I know nothing about such things but I lifted this from OTIB in reference to BRovers trying to plan for a new stadium. If it is, indeed, bollocks, I apologise.

Bristol Rovers 1883 - Holding Co

Memeorial Stdium Company - Ground owner

Bristol Rovers FC - Football club

 

Which is the same structure that we have; all shares are owned in the holding co which in turn owns the club and ground separately.

 

This could be interpreted as tidying the group structure with the total assets of all three dormant companies being just £200; though there are far better ways to go about it than failing to file accounts and being struck off.

 

However...

These companies are just what you set up when you are undertaking a major develpment project, I guess they were in place for the UWE, so that it is in a separate company so that if everything goes wrong then only that company goes and not the group (assuming no parent company guarantees).  There is nothing shady in this; it's standard practice for development projects.
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horlock07

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« Reply #79 on: Thursday, August 15, 2019, 12:21:00 »

Just for completeness Axis Football Investments Ltd has 1 shareholder and 1 director, both being Clemente Giovanni Bruno, Morfuni
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JanAirplaneMan

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« Reply #80 on: Thursday, August 15, 2019, 12:47:26 »

Clem now owns 15% good news
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theakston2k

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« Reply #81 on: Thursday, August 15, 2019, 12:58:29 »

That worries me slightly
You didn't need to worry for long, clearly another rumour made up about Power. Good news.
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Red Frog
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« Reply #82 on: Thursday, August 15, 2019, 13:01:44 »

Clem now owns 15% good news

Interesting. Let's see what happens next.
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« Reply #83 on: Thursday, August 15, 2019, 13:04:17 »

I can't imagine there's that much of a Power struggle if he's got the shares?
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« Reply #84 on: Thursday, August 15, 2019, 13:21:49 »

You didn't need to worry for long, clearly another rumour made up about Power. Good news.

Exactly, good news on the face of it! Onwards and upwards.
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derbystfc

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« Reply #85 on: Thursday, August 15, 2019, 13:31:32 »

Has it actually been confirmed? via director holdings etc?? Sorry If I have missed that bit
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horlock07

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« Reply #86 on: Thursday, August 15, 2019, 14:12:00 »

Has it actually been confirmed? via director holdings etc?? Sorry If I have missed that bit

Comapnies House now shows Clem (or a company of his more accurately) owning 15% of the shares In Swinton Reds, the overall holding company (I think!)
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theakston2k

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« Reply #87 on: Thursday, August 15, 2019, 14:14:06 »

This has really got the Facebook group going, worst than Area 51 conspiracy stories today.
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derbystfc

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« Reply #88 on: Thursday, August 15, 2019, 14:27:14 »

Comapnies House now shows Clem (or a company of his more accurately) owning 15% of the shares In Swinton Reds, the overall holding company (I think!)

Nice one, thanks
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horlock07

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« Reply #89 on: Thursday, August 15, 2019, 14:33:01 »

One thing, just happening to have a look at the who's who on the website https://www.swindontownfc.co.uk/club/whos-who/ ;

Honorary President: Mike Spearman

Chairman: Lee Power

Directors: Lee Power

Non-Executive Vice Chairman: Clem Morfuni 

Non-Executive Directors: Veljko Jovanovic, Roger Terrell, Zavier Austin, Ben Gristwood.

Does anyone have any idea who the non-exec Directors actually are or their involvement?
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