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Author Topic: Lee Power  (Read 535867 times)
NotHarryAgombar

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« Reply #2175 on: Thursday, July 1, 2021, 07:22:01 »

I’ve just listened to the podcast - well put together even if the news is dire.
Also good to remind supporters to treat the office staff compassionately - they are victims in this too.

It seems to me as though Power may be trying to goad Axis/Morfuni into walking away so he can put the club into admin on the basis that there is no viable buyer. I know there is an injunction, but it’s not much use if he (LP) simply turns the club into a shell / runs it into the ground so there is nothing to buy.
I’m not sure how he gains financially from that but maybe he is taking the view that he’s lost but nobody else will win.

The judge needs to bring this to an end now.
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Flashheart

« Reply #2176 on: Thursday, July 1, 2021, 07:25:26 »

well, you told us so.


But he didn't.

He said we won't have a club come August if Power was still here after last Friday. Which was dramatic, and still is.
« Last Edit: Thursday, July 1, 2021, 07:39:41 by Flashheart » Logged
Flashheart

« Reply #2177 on: Thursday, July 1, 2021, 07:31:37 »

Wasn't one of the big tests which avoided the forced sale of shares the other week that Power could continue to run and fund the business, as it stands he cannot reasonably run the business day to day as the CEO has fucked off, and he cannot fund it as people have not got their wages.

Its shit and needs sorting ASAP, but I cannot help thinking he has shot himself in the foot here again!

My thoughts exactly.

It seems to me as though he agreed to the sale (and the transfer order was deferred) but is now stalling. Had he not agreed to the sale and the judge ordered the transfer, we would not have this situation right now. If only we can get this back in front of the judge then he would surely make the order.

Disclaimer: this is partly guesswork and I could be very wrong.
« Last Edit: Thursday, July 1, 2021, 07:34:53 by Flashheart » Logged
stfcjack

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« Reply #2178 on: Thursday, July 1, 2021, 07:33:30 »

Seriously just fuck off Power.

Messing with people’s lives now, disgraceful.

This has to be sorted quickly, this club is really not good for my mental health 🤣
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swindonmaniac

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« Reply #2179 on: Thursday, July 1, 2021, 07:44:14 »

Lee Power, a name that will be remembered in Swindon  Town's history for ever - that is if we have one.
Just fuck off Power you cunt.
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stfcjack

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« Reply #2180 on: Thursday, July 1, 2021, 07:48:38 »

Ah for fuck sake… please can someone just tell me this is all going to be okay 😅
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Saxondale

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« Reply #2181 on: Thursday, July 1, 2021, 07:49:34 »

It'll be allright in the end.  And if its not allright, its not the end.
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stfcjack

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« Reply #2182 on: Thursday, July 1, 2021, 07:53:01 »

It'll be allright in the end.  And if its not allright, its not the end.

I like that
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Power to people

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« Reply #2183 on: Thursday, July 1, 2021, 08:13:57 »

For a share transfer to go through does it not need an agreement on debt to be paid ? so it would be down to clem to pay everything owed, after looking things over you wonder if there is any questionable debts that need paying either straight away or within x period of time ?

If this is found I'm not sure how it is disputed if this debt is only owed to 1 person, is it a case you agree to pay debts or don't complete if the other party are not willing to provide the proof of how the debt it owned ?

I fully expect Power to drag this on as long as he can, and the non payment of wages will be there not being enough money in the club accounts to pay and the wages need to be funded by alternate sources, and with a sale negotiation Power is not willing to put money in to cover wages.
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Leggett
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« Reply #2184 on: Thursday, July 1, 2021, 08:14:09 »

It'll be allright in the end.  And if its not allright, its not the end.

Tinkity tonk, and down with all the fuckwit club owners
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TheDukeOfBanbury

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« Reply #2185 on: Thursday, July 1, 2021, 08:22:39 »

Ah for fuck sake… please can someone just tell me this is all going to be okay 😅

It’s going to be ok and plenty going on from the legal side.
Days rather than weeks hopefully for an announcement. Unfortunately by law nothing can come out until it’s been confirmed and ratified.
Power acting the cock.
Tomorrow may be a little soon but fingers crossed, likely early next week more optimistic.
The club without doubt is in a mess but once legal confirmation is ticked off everything will become clear very quickly.

Power cannot put us in admin, he keeps trying but cannot.

The bloke is a scum bag.
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Nemo
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« Reply #2186 on: Thursday, July 1, 2021, 08:29:23 »

Tinkity tonk, and down with all the fuckwit club owners

Hello to former Town COO Mark Isaacs
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Batch
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« Reply #2187 on: Thursday, July 1, 2021, 08:30:48 »

at this stage I'm sweating like a cow in a slaughterhouse
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DiV
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« Reply #2188 on: Thursday, July 1, 2021, 08:31:40 »

Tbh most of the players have been stealing a living from this club for the last year, so my hearts not exactly bleeding because they haven’t been paid this month. In some cases it would have been the last month of their contract right?

The other club employees however, the complete opposite.
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4D
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« Reply #2189 on: Thursday, July 1, 2021, 08:38:23 »

How is this allowed to continue?
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