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Author Topic: Lee Power  (Read 543799 times)
Peter Venkman
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« Reply #2745 on: Tuesday, July 6, 2021, 11:21:37 »

don't even ..
Never say never...
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Jimmy HaveHave

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« Reply #2746 on: Tuesday, July 6, 2021, 11:25:34 »

We might be grateful once went see who Clem lines up!
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Lethbridge70

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« Reply #2747 on: Tuesday, July 6, 2021, 21:18:45 »

So from the deafening silence,I guess that Power has not come up with the documents needed in exchange for the payment from Axis.

Maybe such document will either stop him from making more money or possibly incriminate him in the future or why else would he be dragging his heels.

His sabotage was bad enough keeping Sheridan in place for that length of time and it seems he is sabotaging the club again,with the clock ticking on pre season planning.
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« Reply #2748 on: Tuesday, July 6, 2021, 21:25:49 »

I guess not yet

keeping an eye on the courts, nothing tomorrow..
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Flashheart

« Reply #2749 on: Tuesday, July 6, 2021, 21:30:24 »

The trust said it would be going to court this week if necessary.

So, maybe not seeing a case listed (I've been keeping an eye on it as well) is good news?

Or maybe not.

Hope that helps.
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MangoRed

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« Reply #2750 on: Tuesday, July 6, 2021, 21:39:31 »

Absolute best case scenario in terms of court would be thurs/fri at the earliest IMO.
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« Reply #2751 on: Tuesday, July 6, 2021, 21:39:51 »

No news is no news, as they say.

I'd imagine a court date is already pencilled in for Thursday or Friday to give more time to resolve things outside of court.
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Lethbridge70

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« Reply #2752 on: Wednesday, July 7, 2021, 10:59:54 »

https://www.efl.com/news/2021/july/efl-statement-swindon-town/

EFL Statement
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Hunk

« Reply #2753 on: Wednesday, July 7, 2021, 11:07:11 »

‘ Mr Morfuni has now made an application to the EFL for prior approval in accordance with the EFL’s Regulations before determining whether to take up that option’.

Does this mean he’s just waiting for EFL approval before the final sign off? That could be a big deal, or am I misunderstanding?
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horlock07

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« Reply #2754 on: Wednesday, July 7, 2021, 11:14:49 »

Hasn't he already been through fit an proper person and all that jazz, or did I imagine that!
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TheDukeOfBanbury

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« Reply #2755 on: Wednesday, July 7, 2021, 11:16:07 »

‘ Mr Morfuni has now made an application to the EFL for prior approval in accordance with the EFL’s Regulations before determining whether to take up that option’.

Does this mean he’s just waiting for EFL approval before the final sign off? That could be a big deal, or am I misunderstanding?

Would need to coincide with the share transfer however once that final box is ticked and the EFL ratify then all can be announced including new manager and all.
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dphunt88

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« Reply #2756 on: Wednesday, July 7, 2021, 11:19:44 »

Hasn't he already been through fit an proper person and all that jazz, or did I imagine that!

Hi Horlock, you're right, he has, to become a Director.
I believe the "Test" to become an owner proper is different and more stringent (although many would question the EFLs record on stringency).

No reason to suggest he won't pass the test. Think it's another governance step to tick off.
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« Reply #2757 on: Wednesday, July 7, 2021, 11:26:47 »

Would need to coincide with the share transfer however once that final box is ticked and the EFL ratify then all can be announced including new manager and all.

Thanks. I was slightly worried at first glance by the wording here:

‘before determining whether to take up that option’, as it suggested to me that he may be umming and aahing about whether to take up the option at all. But if it’s just a case of waiting for EFL approval before that final sign off then I needn’t be worried, and that is how it reads to me now I’ve looked again
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Bob's Orange
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« Reply #2758 on: Wednesday, July 7, 2021, 11:32:43 »

The ever helpful Sun journalist has tweeted 'that's never a quick process' with an embarrassed and thinking smiley emoji.
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« Reply #2759 on: Wednesday, July 7, 2021, 11:34:02 »

Hi Horlock, you're right, he has, to become a Director.
I believe the "Test" to become an owner proper is different and more stringent (although many would question the EFLs record on stringency).

No reason to suggest he won't pass the test. Think it's another governance step to tick off.

Lee Power passed the test, and although nobody could’ve predicted how bad things would become, there was enough in his background to at least be wary and yet he passed with no problem. Seems to be a completely pointless box ticking exercise.

If I recall correctly didn’t Power have to show some paperwork with some money on it, but with no obligation to actually keep that money in the club? Or am I just deliriously rambling?
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