The Artist Formerly Known as Audrey
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?Absolute Calamity!?
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« Reply #165 on: Tuesday, February 2, 2021, 13:19:37 » |
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The points deduction would carry over to next season as we are all but down this season so it wouldn't be a real 'punishment'. Also what rebuilding? At this rate there won't be anyone interested in rebuilding at the club, neither Power or Standing care about the club anymore so if they or we are still around next season it'll probably just be a case of play the youth team until the court case is settled in 2022.
Not the case at all. Admin points deductions apply this season up until March. |
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jayohaitchenn
Wielder of the BANHAMMER
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« Reply #166 on: Tuesday, February 2, 2021, 13:24:28 » |
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Why are you watching kids on Teams
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Nemo
Shit Bacon
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« Reply #167 on: Tuesday, February 2, 2021, 13:26:41 » |
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Not sure if it matters much either way, but Roger Terrell is also a non-executive director of the club according to our own website. Presumably as a legal counsel, rather than any sort of investor. |
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theakston2k
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« Reply #168 on: Tuesday, February 2, 2021, 13:28:28 » |
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Not the case at all. Admin points deductions apply this season up until March.
I can't see us not getting a punishment next season if we would have been relegated regardless of a points deduction this season. Anyway, its a mute point as probably wouldn't be around next season for it to matter. |
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BambooToTheFuture
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I'll Tell Ya Now - McGurk Is The New Graham
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« Reply #169 on: Tuesday, February 2, 2021, 13:31:27 » |
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Not the case at all. Admin points deductions apply this season up until March.
They are with condition usually though Aud. Where if you get relegated before a deduction is applied then the points carry over into your respective following season. If you don't get relegated before a deduction is applied, the points deduction is added at the season completion. You can't take a tactical admin points hit during competition, otherwise it could bring things into disrepute and every dodgy football owner would be using it as a way to benefit from it (sounds odd but people do make money from failures). For e.g if someone knew that they would accept admin points right now, they (or a "friend") could lay on Town staying up (whilst still actively in competition) and profit from it. |
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'Incessant Nonsense'
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'I'm gonna tell you the secret.
There's a threat, you end it and you don't feel ashamed about enjoying it.
You smell the gunpowder and you see the blood, you know what that means?
It means you're alive. You've won.
You take the heads so that you don't ever forget.'
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DiV
Has also heard this
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Joseph McLaughlin
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« Reply #170 on: Tuesday, February 2, 2021, 13:32:03 » |
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So, basically neither Standing or Power want the club, right?
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jayohaitchenn
Wielder of the BANHAMMER
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« Reply #171 on: Tuesday, February 2, 2021, 13:34:13 » |
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So, basically neither Standing or Power want the club, right?
Does anyone? Just let it die |
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BambooToTheFuture
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I'll Tell Ya Now - McGurk Is The New Graham
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« Reply #172 on: Tuesday, February 2, 2021, 13:34:44 » |
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Why are you watching kids on Teams
From a fella who thought the whole "activities" during the hearing was hilarious and fun...really?! Please grow up yourself. |
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'Incessant Nonsense'
______________________________________________________________
'I'm gonna tell you the secret.
There's a threat, you end it and you don't feel ashamed about enjoying it.
You smell the gunpowder and you see the blood, you know what that means?
It means you're alive. You've won.
You take the heads so that you don't ever forget.'
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Peter Venkman
We don't need no stinking badges.
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Things can only get better
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« Reply #173 on: Tuesday, February 2, 2021, 13:40:39 » |
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So, basically neither Standing or Power want the club, right?
Basically this is what I can make out from what I have been told/read, I am sure the legals on here will say that I am wrong etc and put me in my rightful place in the relegation zone but here goes. I hear Standing/Barry doesn't want the club, Power is desperate to offload the club as he has exhausted his own financial clout (hence the Curran financial input situation), Clem wants to own the club and so does another interested party who are not connected to anyone who own the club currently. Power can't sell the club due to Standings claim over the amount of shares/value that Standing says he owns and Power disputing that. So it is at a stalemate it seems until the actual amount of the club that Power owns is made clear allowing Power to sell up and move ownership of the club to a new party/person. |
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Only a fool does not know when to hold his tongue.
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wokinghamred
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« Reply #174 on: Tuesday, February 2, 2021, 13:41:17 » |
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Not sure if it matters much either way, but Roger Terrell is also a non-executive director of the club according to our own website. Presumably as a legal counsel, rather than any sort of investor. Not that Companies House have him down as a director, but isn't that the Swindon way! |
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Flashheart
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« Reply #175 on: Tuesday, February 2, 2021, 13:42:02 » |
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Maybe a new owner can come to a deal with Standing as well as Power?
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DiV
Has also heard this
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Joseph McLaughlin
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« Reply #176 on: Tuesday, February 2, 2021, 13:50:36 » |
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Basically this is what I can make out from what I have been told/read, I am sure the legals on here will say that I am wrong etc and put me in my rightful place in the relegation zone but here goes.
I hear Standing/Barry doesn't want the club, Power is desperate to offload the club as he has exhausted his own financial clout (hence the Curran financial input situation), Clem wants to own the club and so does another interested party who are not connected to anyone who own the club currently.
Power can't sell the club due to Standings claim over the amount of shares/value that Standing says he owns and Power disputing that.
So it is at a stalemate it seems until the actual amount of the club that Power owns is made clear allowing Power to sell up and move ownership of the club to a new party/person.
So basically we need to find someone to do a deal with both Power & Standing in order to buy the club but how much they’d have to give each person is what the courts are deciding? |
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BambooToTheFuture
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Posts: 10142
I'll Tell Ya Now - McGurk Is The New Graham
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« Reply #177 on: Tuesday, February 2, 2021, 13:51:09 » |
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Did anyone notice too that Chancery's pasted in everyone's email address as a CC? Thought that was a breach of GDPR (or whatever it is/will be called) to reveal others details...  Should have been BCC'd. Poor form, especially from a law firm. |
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'Incessant Nonsense'
______________________________________________________________
'I'm gonna tell you the secret.
There's a threat, you end it and you don't feel ashamed about enjoying it.
You smell the gunpowder and you see the blood, you know what that means?
It means you're alive. You've won.
You take the heads so that you don't ever forget.'
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Peter Venkman
We don't need no stinking badges.
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Posts: 59445
Things can only get better
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« Reply #178 on: Tuesday, February 2, 2021, 13:52:25 » |
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So basically we need to find someone to do a deal with both Power & Standing in order to buy the club but how much they’d have to give each person is what the courts are deciding?
I think thats a pretty fair assessment TBH. |
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Only a fool does not know when to hold his tongue.
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china red
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« Reply #179 on: Tuesday, February 2, 2021, 13:55:25 » |
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Is it going to take us going into admin for Power to be removed by the administrator? Isn’t that what happened with Wigan?
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