Additinal not so new investment...

[Summerof69]

They would still have the problem with the Football League sanctioning any move away from the Swindon conurbation.

yes they would. aren't new rules in place for that now after the whole Franchise/Wimbledon saga?

Yes they do. Don't forget it was not the FL who sanctioned the move, but an 'independent' panel, but the rules have certainly been tightened.

[TalkTalk]

[Wasn't Shaw Park set up to develop just that, our new stadium at Shaw?

SPD was, yes.

But it's just like any other limited company - it can trade however and wherever it wants, unless specifically stated otherwise in the Memorandum and Articles of Association (which I would doubt).

[newmarket red]

If it is St Modwens then its hello Chippenham. The board would say we've tried negotiating with the Council and the relationship has broken down irretrievably.
One horrible thought running thruogh my head is something I read on another thread. That is if we fuck up on the CVA the total debt becomes payable. I must admit the more pissed i got last night the more i thuoght isn't that the kind of cuntish thing Diamandis would do - ie bring the club down with him and stick two fingers up to Bill Power at the same time by making the club unsellable.

Didnt they fall out with st modwens :?

[pauld]

Are Shaw Park Developments a registered company.  If so, who are the directors?

Yes. Directors are James Wills, Sandy Gray, Bob Holt plus three geezers from St Modwen - Charles Glossop, Stephen Burke and William (Bill?) Oliver.

Thanks Paul, so three people directly involved with STFC are involved with Shaw Park, no wonder Sandy is never at her desk!!  Wasn't Shaw Park set up to develop just that, our new stadium at Shaw?

Yes, hence the name. It's basically a shell company for the Joint Venture - it's primary purpose to date has been to act as an investment vehicle for SPDL (ie St Modwen) to put money into the FC/holding co.

[ronnie21]

Are Shaw Park Developments a registered company.  If so, who are the directors?

Yes. Directors are James Wills, Sandy Gray, Bob Holt plus three geezers from St Modwen - Charles Glossop, Stephen Burke and William (Bill?) Oliver.

Thanks Paul, so three people directly involved with STFC are involved with Shaw Park, no wonder Sandy is never at her desk!!  Wasn't Shaw Park set up to develop just that, our new stadium at Shaw?

Yes, hence the name. It's basically a shell company for the Joint Venture - it's primary purpose to date has been to act as an investment vehicle for SPDL (ie St Modwen) to put money into the FC/holding co.

So, if Shaw Park have successfully done a development in Hungerford, would that mean the profits for that could be ploughed into STFC and they could come out with our mystery investor - Shaw Park.

[pauld]

Theoretically yes but they haven't.

[glos_robin]

Someone on MoS reckons its a wealthy Australian and we'll hear more about it this week, reckon its bollocks myself

[TalkTalk]

Someone on MoS reckons its a wealthy Australian and we'll hear more about it this week, reckon its bollocks myself

http://www.melsamba.com/images/ednaeverage.jpg

[RobertT]

That's not the first time someone has posted a hint that an investor is being lined up next week and is foreign.

It's certainly going to be an interesting week one way or another.

[ronnie21]

That's not the first time someone has posted a hint that an investor is being lined up next week and is foreign.

It's certainly going to be an interesting week one way or another.

Foreign!!!  After what Starnes said about an American!!      

[Arnold.J.Rimmer]

Moving STFC to Newbury/Chippenham surely wont be allowed to happen. The board would fall short on virtually all the new, post Franchise criterior

The Football League has introduced new rules relating to clubs relocating grounds, ticket prices and ground sharing at its AGM in Chester.
The rule relating to clubs moving ground has been strengthened to include a list of criteria that the League's Board must be satisfied with before it would grant consent.
The new rule states that the Board must be satisfied that the granting of permission would be consistent with the objects of The League as set out in the Memorandum of Association;

would be appropriate having in mind the relationship (if any) between the locality with which by its name or otherwise the applicant Club is traditionally associated and that in which such Club proposes to establish its ground

would not adversely affect such Club's Officials, players, supporters, shareholders, sponsors and others having an interest in its activities

would not have an adverse effect on visiting Clubs

would not adversely affect Clubs having their registered grounds in the immediate vicinity of the proposed location

would enhance the reputation of The League and promote the game of association football generally

[TalkTalk]

Moving STFC to Newbury/Chippenham surely wont be allowed to happen. The board would fall short on virtually all the new, post Franchise criterior

The Football League has introduced new rules relating to clubs relocating grounds, ticket prices and ground sharing at its AGM in Chester.
The rule relating to clubs moving ground has been strengthened to include a list of criteria that the League's Board must be satisfied with before it would grant consent.
The new rule states that the Board must be satisfied that the granting of permission would be consistent with the objects of The League as set out in the Memorandum of Association;

would be appropriate having in mind the relationship (if any) between the locality with which by its name or otherwise the applicant Club is traditionally associated and that in which such Club proposes to establish its ground

would not adversely affect such Club's Officials, players, supporters, shareholders, sponsors and others having an interest in its activities

would not have an adverse effect on visiting Clubs

would not adversely affect Clubs having their registered grounds in the immediate vicinity of the proposed location

would enhance the reputation of The League and promote the game of association football generally

Nice.

Thanks mate.

[millom red]

:tea:

[glos_robin]

Moving STFC to Newbury/Chippenham surely wont be allowed to happen. The board would fall short on virtually all the new, post Franchise criterior

The Football League has introduced new rules relating to clubs relocating grounds, ticket prices and ground sharing at its AGM in Chester.
The rule relating to clubs moving ground has been strengthened to include a list of criteria that the League's Board must be satisfied with before it would grant consent.
The new rule states that the Board must be satisfied that the granting of permission would be consistent with the objects of The League as set out in the Memorandum of Association;

would be appropriate having in mind the relationship (if any) between the locality with which by its name or otherwise the applicant Club is traditionally associated and that in which such Club proposes to establish its ground

would not adversely affect such Club's Officials, players, supporters, shareholders, sponsors and others having an interest in its activities

would not have an adverse effect on visiting Clubs

would not adversely affect Clubs having their registered grounds in the immediate vicinity of the proposed location

would enhance the reputation of The League and promote the game of association football generally

Its very wishy washy criteria though and probably full of loopholes, a good corporate lawyer (not Bowden) would easily be able to twist that to work out in their favour.