Lee Power

[TheDukeOfBanbury]

Just another week and no further forward.
Power not supporting and why would he.
Courts and EFL need to drive him out or we will run out of time.
Hoping it doesn’t get to this but we need this sorted in days not weeks.
Hoping the Trust can shed more light going forward but we cannot even sort out a training session let alone plan for the start of the season.

[The Artist Formerly Known as Audrey]

Makes moaning about the lack of transfer activity look a bit Nancy.

[Flashheart]

Who else remembers hearing that Fitton and his consortium had pulled out from their purchase of the club?

That was rough.

[Jimmy HaveHave]

Listening to Graham Kelly demote us was also rough

[horlock07]

The end game is nigh for power whatever happens, he has stripped the carcass bare so that even if he puts into admin who is going to buy and pay him back as a creditor. Even if he managed to get a friendly administrator like Diamond Mike used to do, the asset is basically worthless with little/no chance to generate cash with no assets and no customers.

He has literally burnt every bridge, no fan will go near the club or give it a penny of cash if he is still involved and I suspect that the same would be the case should ABLE get their mits on the club. Add to that there is not a cat in hells chance that the council would even think of selling the ground to anyone linked to him.

This is a man who knows he has lost but is desperate that no one shall 'win'. All that beckons as its stands is contempt of court, likely directorship disqualification and possibly even more, bet he rues the day he ever met Clem Morfuni.

Sent from my SM-A125F

[chalkies shorts]

The end game is nigh for power whatever happens, he has stripped the carcass bare so that even if he puts into admin who is going to buy and pay him back as a creditor. Even if he managed to get a friendly administrator like Diamond Mike used to do, the asset is basically worthless with little/no chance to generate cash with no assets and no customers.

He has literally burnt every bridge, no fan will go near the club or give it a penny of cash if he is still involved and I suspect that the same would be the case should ABLE get their mits on the club. Add to that there is not a cat in hells chance that the council would even think of selling the ground to anyone linked to him.

This is a man who knows he has lost but is desperate that no one shall 'win'. All that beckons as its stands is contempt of court, likely directorship disqualification and possibly even more, bet he rues the day he ever met Clem Morfuni.

Sent from my SM-A125F

I wouldn't bet on that. He's stiffed him for a wedge already and I wouldn't be surprised if Clem goes ahead that he's stiffed again.
Power has experience of these matters. My guess he will walk away loaded with no action from anyone against him. He simply could not give a fuck about the optics.

[Summerof69]

Trust statement :

https://truststfc.tv/press-statement-status-of-sale-of-stfc-to-clem-morfuni-axis-group/


Confirms James Spencer's comments

[Samdy Gray]

Considering the amount the club (allegedly) owes Power in loans, I really don't understand what he has to gain by letting the club go into administration.

I hope the current situation is just brinkmanship whilst he clings on to the last shreds of whatever he can get.

I can only assume his short term plan is to avoid every cost possible until he gets whatever he can out of Morfuni.

[Flashheart]

When will we be paid for Twine?

[Summerof69]

When will we be paid for Twine?

I wouldn't be surprised if the EFL holds on to any money that is received from Twine to go against the money they are owed.

[TheDukeOfBanbury]

Don’t forget he still owes Court fees and will need to settle Axis fees as well.
Further reasons why he has gone awol.

[Legends-Lounge]

Don’t forget he still owes Court fees and will need to settle Axis fees as well.
Further reasons why he has gone awol.

Didn’t they agree to settle their own irrespective of the outcome?

[JBZ]

Don’t forget he still owes Court fees and will need to settle Axis fees as well.
Further reasons why he has gone awol.

What court fees are due? Claimant pays those in the first instance.

Has the court made a costs order?

[Bogus Dave]

The formality of a share transfer just needs a couple of signatures doesn’t it?? Is the hold up that power has gone awol and can’t sign? Can the company secretary act on his behalf and push it through?

[Jimmy HaveHave]

What would Power gain by going awol