tans
You spin me right round baby right round
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« Reply #3270 on: Friday, July 16, 2021, 10:29:33 » |
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You answered your own question there Chris
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welshred
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Posts: 1993
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« Reply #3271 on: Friday, July 16, 2021, 10:29:43 » |
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That was very interesting listening, and it was good to hear Simon Jordan bring up things like debentures, which Power holds over the club and admitted that he would benefit from the club going into administration....
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JBZ
Not as likeable as Reg was, a fencesitting WUM
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Posts: 3264
Allegedly, not a Swindon Town supporter
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« Reply #3272 on: Friday, July 16, 2021, 10:29:46 » |
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We don't know how long the process 'should' take as far as I am aware
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Nothing to see here
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Flashheart
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« Reply #3273 on: Friday, July 16, 2021, 10:30:15 » |
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and that's what the £300k was for but LP tried to gain access but was denied.
According to Lee Power... |
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horlock07
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Lives in Northern Bastard Outpost
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« Reply #3274 on: Friday, July 16, 2021, 10:33:39 » |
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I await the Trust's response with interest, looks like they smoked Power out with their appearance yesterday.
Oh and FL, get on with it eh......
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Sippo
Living in the 80s
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Posts: 15589
I ain't gettin on no plane fool
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« Reply #3275 on: Friday, July 16, 2021, 10:33:48 » |
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True. Like I said previously, one person says one thing, the other one says another.
It's like a messy divorce.
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
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flammableBen
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« Reply #3276 on: Friday, July 16, 2021, 10:35:00 » |
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I get we're in a hard place because Power out has to be the priority, he's shown that the only future with him isn't one.
But I do worry that when Clem inevitably turns out to be a bit crap, the way the trust has thrown their towel in with him and the spiralling amount of not giving a shit will be another nail in the coffin for the club.
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Nemo
Shit Bacon
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Posts: 21416
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« Reply #3277 on: Friday, July 16, 2021, 10:37:03 » |
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I get we're in a hard place because Power out has to be the priority, he's shown that the only future with him isn't one.
But I do worry that when Clem inevitably turns out to be a bit crap, the way the trust has thrown their towel in with him and the spiralling amount of not giving a shit will be another nail in the coffin for the club.
I suppose we had the same with Power v Jed way back when. Power was clearly the better of the two options at the time (even with the value of hindsight), and I think from memory the Trust were fairly supportive back then. |
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Peter Venkman
We don't need no stinking badges.
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Posts: 59471
Things can only get better
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« Reply #3278 on: Friday, July 16, 2021, 10:38:22 » |
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Given Power has lied throughout this whole year (at least) I find it really easy to not believe him tbh.
I still have my own doubts over Clem. Powers words haven't changed that.
This 100% this. |
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Only a fool does not know when to hold his tongue.
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Riddick
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« Reply #3279 on: Friday, July 16, 2021, 10:40:19 » |
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This 100% this.
Ditto Power makes it sound easy, but i'm sure Axis are disputing some of these debts and quite frankly likely fraudulent practices. Its real easy if they want to swallow that and Power walks away making more money. |
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horlock07
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Lives in Northern Bastard Outpost
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« Reply #3280 on: Friday, July 16, 2021, 10:44:39 » |
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Ditto
Power makes it sound easy, but i'm sure Axis are disputing some of these debts and quite frankly likely fraudulent practices. Its real easy if they want to swallow that and Power walks away making more money.
But would that hold up the takeover, both the Trust and now Power seem to be putting the ball firmly in the EFL's court as to what the hold up is, debts and liabilities held by the company are to be argued about between the creditor and the Company when they become due. As for Power having discussions with the EFL, I'm calling bullshit on that to a degree, the F&P process is between Clem and the EFL, it has fuck all to do with Power and I cannot see them discussing anything with him bar possibly him asking if its ongoing and the EFL confirming it is. FWIW the idea that Power is calling the EFL personally possibly evidences why the club is such a mess, one would expect his solicitors to be doing that rather than him. |
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Riddick
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« Reply #3281 on: Friday, July 16, 2021, 10:51:28 » |
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But would that hold up the takeover, both the Trust and now Power seem to be putting the ball firmly in the EFL's court as to what the hold up is, debts and liabilities held by the company are to be argued about between the creditor and the Company when they become due.
Apologies, not saying more delays, more that Power was on there saying he was prepared to get this done late June when the court orded him to, and his suggestion the hold up has been Axis. I was suggesting this was potentially part of the reason it didnt happen then, the fit and proper persons test being something that only started last week. |
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Sippo
Living in the 80s
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Posts: 15589
I ain't gettin on no plane fool
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« Reply #3282 on: Friday, July 16, 2021, 10:52:26 » |
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i think he wants to know where he stands. if clem doesn't pass, then it is down to him to find another buyer/manager/players etc.
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
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Moss
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Posts: 281
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« Reply #3283 on: Friday, July 16, 2021, 11:10:35 » |
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What a fucking mess.
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Crackity Jones
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« Reply #3284 on: Friday, July 16, 2021, 11:16:39 » |
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What a fucking mess.
Yep. Can't see it being resolved any time soon unfortunately |
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