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Author Topic: New beginnings - 25% Truth, 80% Bollocks  (Read 1266552 times)
The Million Pound Man

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« Reply #9420 on: Friday, December 15, 2023, 09:35:46 »

https://www.bbc.co.uk/sport/football/58589077

Fortunately the timing doesn't overlap with the last suspended points deduction.

Cant imagine EFL will look favorably on us though... 1 months missed wages in the near future and we could be in big trouble.
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« Reply #9421 on: Friday, December 15, 2023, 09:38:55 »

<secretary bird photo>

Aaah, that's brightened my day. it reminds me of the time I was stood in a garden flapping my arms wildly and hollering to discourage (train) a juvenile not to try and "fly" over the 6ft fence.
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« Reply #9422 on: Friday, December 15, 2023, 09:43:19 »

But they didn’t withhold the information, they informed companies house.

The problem appears to be that nobody in the organisation knows how to run a football club and therefore neglected to tell the EFL.

Clem absolutely withheld the information from the EFL and seemingly his own CEO, and the Trust, and the Eady Trust. Shares transferred September 2022. Companies house published August 2023. nearly a whole year.

If the CEO doesn't know, I doubt the acting secretary did. The rules are *VERY* clear in the EFL regulations. Even I understood them.

This is purely self inflicted.
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« Reply #9423 on: Friday, December 15, 2023, 09:46:03 »

As Cowley frustratingly alludes to, (without giving any details) it would appear that further charges to infringements are 'in the post'.

Oh good.

This charge alone isn't a panic stations charge IMO.

Care to speculate what is coming. Got to be Power/Ownership related if anything right?
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STFC_Manc

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« Reply #9424 on: Friday, December 15, 2023, 09:58:52 »

This will not be the only EFL charge.....

There will probably be some points deductions..



What else is to come then?
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Mooneyraker

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« Reply #9425 on: Friday, December 15, 2023, 10:12:38 »

I wonder what ability there is to bin the club as the leaseholder on the ground...

If they didn't pay the rent for example.

Did the Trust ever publish the contract/deal? If not, why not?
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Bob's Orange
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« Reply #9426 on: Friday, December 15, 2023, 10:15:11 »

But they didn’t withhold the information, they informed companies house.

The problem appears to be that nobody in the organisation knows how to run a football club and therefore neglected to tell the EFL.


I’m assuming that Clem got the notification done through Axis company admin, as even Rob Angus (who would have been CEO at the time) didn’t know about it.

Potato, Potato really. The rules are that the EFL have to be notified and the fact of the matter is they weren't, so technically the information was withheld. There are many ways of looking at things, but surely to goodness someone at the football club knew that this would come out in the wash.
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
tans
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« Reply #9427 on: Friday, December 15, 2023, 10:16:03 »

https://truststfc.com/2023/12/15/trust-board-further-update-on-club-accounts-review/
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Bob's Orange
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« Reply #9428 on: Friday, December 15, 2023, 10:17:59 »

Oh good.

This charge alone isn't a panic stations charge IMO.

Care to speculate what is coming. Got to be Power/Ownership related if anything right?

Sorry I didn't word that very well. What I was trying to say was it's clear (although i'm sure some doubt the credentials) that Cowley has an idea of what is happening (I don't) and therefore we should expect further indiscretions to come out and bite us in the arse.

I'm curious as to what the points deductions might be for, knowing us some kind of weird third party ownership setup done in the background or something. (again - this is a finger in the air guess, I know nothing)
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
Mooneyraker

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« Reply #9429 on: Friday, December 15, 2023, 10:20:28 »


Sounds positive to be fair but won't that just be the last financial year's accounts, ie as required by Companies House? 22/23 rather than 23/24, where the problems seem to lie.

They spelt Annabela's name wrong but hey...

Didn't realise she was another Axis 'hire'.
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Bogus Dave
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« Reply #9430 on: Friday, December 15, 2023, 10:20:45 »

That trust statement is fucking shambolic

More toothless than an incredibly toothless thing. A sham. A fraudulent organisation that rolls over and has its tummy tickled at the first opportunity
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« Reply #9431 on: Friday, December 15, 2023, 10:23:02 »


Hmm. Not sure that was quite what was pitched initially. Will see what comes of it before getting too exercised, but not having that this alone is a big breakthrough in accountability.
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welshred

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« Reply #9432 on: Friday, December 15, 2023, 10:23:05 »


Is it just me or is this total bollocks and nowhere near the level of detail we were hoping for?
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Peter Venkman
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« Reply #9433 on: Friday, December 15, 2023, 10:23:26 »

Aaah, that's brightened my day. it reminds me of the time I was stood in a garden flapping my arms wildly and hollering to discourage (train) a juvenile not to try and "fly" over the 6ft fence.
Thats a mental image that will never leave me now.
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The Million Pound Man

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« Reply #9434 on: Friday, December 15, 2023, 10:23:31 »

what did they see?

are they satisfied with it? should we be concerned? does it add up?


FFS, awful update.
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