horlock07
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Lives in Northern Bastard Outpost
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« Reply #7005 on: Monday, October 30, 2023, 16:43:38 » |
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Do you think that the £1m for 15% of Powers shares went to the club?
Why would it, Power owned those shares, it would be up to him what he did with the cash when he flogged them off. |
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STFC_Manc
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« Reply #7006 on: Monday, October 30, 2023, 16:54:47 » |
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Why would it, Power owned those shares, it would be up to him what he did with the cash when he flogged them off.
Yes that was my point. |
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RobertT
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« Reply #7007 on: Monday, October 30, 2023, 16:57:28 » |
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Mooneyraker
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Beware Aussies in bucket hats bearing gifts
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« Reply #7008 on: Monday, October 30, 2023, 17:03:57 » |
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Morfuni added: “There won’t be any smoke and mirrors. Going into this with supporters means absolute transparency and I am fully committed to that. “Regardless of what people say about Lee, I believe he genuinely wants the club to move forward. “But if you don’t engage with supporters, you don’t get interest in the club and people into your ground. “That’s where I come in. Despite the distance, I’m always there to chat to supporters over the phone. “You can ask me anything and I’ll do my best to help, I want the feedback, I want to know what people think.” Do you still want to know what people think Clem? |
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Legends-Lounge
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Non PC straight talking tory Brexit voter on this
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« Reply #7009 on: Monday, October 30, 2023, 17:16:07 » |
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Why would it, Power owned those shares, it would be up to him what he did with the cash when he flogged them off.
And that IIRC was the thorny issue in not giving Clem a Bone Fide share certificate because it impacted on Pee Lowers tax liability. |
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STFC_Manc
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« Reply #7010 on: Monday, October 30, 2023, 17:16:49 » |
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UTR
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« Reply #7011 on: Monday, October 30, 2023, 17:30:37 » |
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I’m not saying that I do/don’t think SDM was onto something here but I reckon if he’d come out with some explanatory/vision pieces like this following the summer and winter window explaining certain decisions and the longer term vision (to a sensible extent that doesn’t over share) then he’d have gotten a lot less shit here. He’d have had a hard time giving reasoning for some decisions but if he’d come out with a piece after the January window explaining Reed was moved on due to contract status etc and not wanting to extend and then explained the longer term planning for the squad that gives fans some sense of “there’s a plan here” then it would have allowed fans to buy in more than they did because I think the stats based approach was the right one, just executed poorly. What happened though was we got the “everyone is up for sale for a price” and “we’re going to sell quickly” side of the sword (which may be true) and fans rightly asked what’s going on. |
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RobertT
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« Reply #7012 on: Monday, October 30, 2023, 17:45:29 » |
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On reading the case summary and decision in the Power vs Standing Fortification request, there is a fantastic conspiracy theory I hadn't properly considered.
Clem provided text messages to the Court in his case against Power that were used in the Power vs Standing one, where Power is befuddled by people talking about Able being on the scene to buy the club. Power also submitted as evidence, initially, that he'd not seen the letter of intent.
Got me thinking, wonder if someone, like Zav, got pissed off with Power and stitched him up (pretending to be a buyer from overseas). Knowing that any potential sale would trigger events to enable Clem to step in - all Clem had to do was go to Court to confirm he was a 15% shareholder and therefore would have the right to bid on the remaining shares.
Would explain Zav having a visit to A&E.
The delights of our club ownership!
However it came about, Clem chucked some money in and Power ran off with it and Clem ended up with the club and having to pay a Debenture that had twice been claimed as paid off or purchased.
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« Last Edit: Monday, October 30, 2023, 17:47:32 by RobertT »
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The Artist Formerly Known as Audrey
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?Absolute Calamity!?
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« Reply #7013 on: Monday, October 30, 2023, 17:49:40 » |
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What’s good ‘ol Lee up to these days. Wasn’t he supposed to buying a club in Albania or Bulgaria.
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Cowley38
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« Reply #7014 on: Monday, October 30, 2023, 20:33:42 » |
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What’s good ‘ol Lee up to these days. Wasn’t he supposed to buying a club in Albania or Bulgaria.
Advising Morfuni on how to run a football club... |
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Batch
Not a Batch
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« Reply #7016 on: Monday, October 30, 2023, 20:50:08 » |
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What’s good ‘ol Lee up to these days. Wasn’t he supposed to buying a club in Albania or Bulgaria.
"His" STFC car was found in Switzerland. I assume back there he's fucked |
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Quagmire
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« Reply #7017 on: Monday, October 30, 2023, 20:54:39 » |
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Believe he’s part of a consortium with Jed McCory and Mike Diamandis looking to buy the club from Clem.
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tans
You spin me right round baby right round
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« Reply #7018 on: Monday, October 30, 2023, 21:58:36 » |
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Believe he’s part of a consortium with Jed McCory and Mike Diamandis looking to buy the club from Clem.
Dream team 😍 |
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Batch
Not a Batch
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« Reply #7019 on: Monday, October 30, 2023, 22:31:30 » |
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Dream team 😍
No Callum Rice, no party |
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