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25% => The Boardroom => Topic started by: STFC Bart on Tuesday, December 26, 2006, 19:46:13



Title: Suport the board
Post by: STFC Bart on Tuesday, December 26, 2006, 19:46:13
If you want to move to junction 17, thats the only way Diamandis will get his money

Join the orange revolution


Title: Suport the board
Post by: DV on Tuesday, December 26, 2006, 19:47:17
when I read the title I thought someone had stolen your screen name!!!!


Title: Suport the board
Post by: herthab on Tuesday, December 26, 2006, 19:49:44
Quote from: "DV85"
when I read the title I thought someone had stolen your screen name!!!!


I didn't. His spelling's still shit. 'Suport the Board'?


Title: Suport the board
Post by: Iffy's Onion Bhaji on Tuesday, December 26, 2006, 20:02:18
hello again Bart  :-))(


Title: Suport the board
Post by: FlashGordon on Tuesday, December 26, 2006, 20:22:29
Why not support the board? We're not doing badly in the league, just because we get new investors doesnt mean the world will be perfect...Devlin has gone wrong before also remember?!


Title: Suport the board
Post by: STFC Village on Tuesday, December 26, 2006, 20:24:44
Excellent, yep, let's all pretend everything at SN1 is groovy, just because results are going well


Title: Suport the board
Post by: DV on Tuesday, December 26, 2006, 20:25:37
who cares about not paying the CVA and lying to the share holders by telling them it has been paid.

Doesnt matter that we could be wound up in June, results are great!!


Title: Suport the board
Post by: Simon Pieman on Tuesday, December 26, 2006, 20:26:01
Yeah wrong in what sense? Not filed accounts for 3 years? Lied about having the money for a CVA (but not paying)? You're more Jewish than flamableBen if you believe the hype!


The Consortium isn't the answer but it's a answer. We're fucked under the current regime.


Title: Suport the board
Post by: DV on Tuesday, December 26, 2006, 20:27:23
http://www.viviente.com/images/head_in_sand.jpg


Title: Suport the board
Post by: sonic youth on Tuesday, December 26, 2006, 20:29:13
Quote from: "FlashGordon"
Why not support the board? We're not doing badly in the league, just because we get new investors doesnt mean the world will be perfect...Devlin has gone wrong before also remember?!


i suggest that before allowing your fingers to type whatever your tiny little brain happens to be thinking, you make an attempt to broaden your knowledge of the situation by reading some of the other threads and information readily available to you.

or you could simply just fuck off elsewhere.


Title: Suport the board
Post by: FlashGordon on Tuesday, December 26, 2006, 20:31:57
Its ok thanks, i know plenty of information to allow me to form MY opinion.

CVA in my opinion isnt a problem, it can be paid, they are just waiting? I'll argue later ive got to go out.


Title: Suport the board
Post by: DV on Tuesday, December 26, 2006, 20:32:58
why are we waiting though, surely the CVA should be top of the list of things to pay....


Title: Suport the board
Post by: Simon Pieman on Tuesday, December 26, 2006, 20:35:39
Rather than get on the defensive (offensive?) I'll say what I said today. Over the summer I sat on the fence. Certain information was not available, but implied. However this information was not clear on the majority so I bit my tongue. Now, even the most silly of fans can surely put 2 and 2 together and figure out that not all is well.

Accounts not signed for 3 years.
CVA payments can be met (but chosen not to be?)
Power invests shit loads of money (where the fucking hell has it gone?)
Board clearly telling porkies!

Think what you will, but it is clear nothing is a given!


Title: Suport the board
Post by: Ginginho on Tuesday, December 26, 2006, 22:35:39
Someone I bumped into today said to me they were not in favour of the trust consortium take over.

I mean, what the fuck.

Whoever is happy with the current board needs to be dry arse raped by a horse.


Title: Suport the board
Post by: Simon Pieman on Tuesday, December 26, 2006, 22:40:01
Thing is I can understand why people wouldn't be in favour of the consortium takeover - but to favour the board over a fresh input is rediculous.


Title: Suport the board
Post by: reeves4england on Tuesday, December 26, 2006, 23:38:08
Quote from: "Ginginho"
Someone I bumped into today said to me they were not in favour of the trust consortium take over.

I mean, what the fuck.

Whoever is happy with the current board needs to be dry arse raped by a horse.
Maybe they were against both? It's not an us or them situation y'know


Title: Suport the board
Post by: pauld on Tuesday, December 26, 2006, 23:42:13
Quote from: "Ginginho"
Someone I bumped into today said to me they were not in favour of the trust consortium take over.

I mean, what the fuck.

Whoever is happy with the current board needs to be dry arse raped by a horse.

Erm, personally I would prefer "needs to be persuaded by rational argument and a simple presentation of the facts". FWIW. If only for the practicalities of having reasoned argument available at all times, whereas it's not always easy to get hold of a horse at short notice  :D


Title: Suport the board
Post by: Whits on Tuesday, December 26, 2006, 23:44:23
Quote

whereas it's not always easy to get hold of a horse at short notice


speak to birdy, she'll sort you out  :mrgreen:


Title: Suport the board
Post by: pauld on Tuesday, December 26, 2006, 23:52:50
Quote from: "Whits"
Quote

whereas it's not always easy to get hold of a horse at short notice


speak to birdy, she'll sort you out  :mrgreen:

I'm not even going to go there (no offence, birdy, or your horses!)


Title: Suport the board
Post by: FlashGordon on Wednesday, December 27, 2006, 00:06:49
Just like to say look at the clubs run by their trusts...

Bournemouth, look how well their doing...
Brentford,......
Rushden & Diamonds....


Title: Suport the board
Post by: Frasier3 on Wednesday, December 27, 2006, 00:25:10
Could you point me to where you you read or heard that the Trust would run the club?

How about quoting the clubs that have gone into administration that have been run by "business people that know what they are doing"?


Title: Suport the board
Post by: FlashGordon on Wednesday, December 27, 2006, 00:27:07
All im doing is putting the other arguement there, im not saying im fully in support of the board, nor fully support of the trust. Just putting the counter arguments there...


Title: Suport the board
Post by: Bennett on Wednesday, December 27, 2006, 00:35:52
being factually incorrect is not the same as offering the opposite side of the argument...possibly something the board should look into


Title: Suport the board
Post by: FlashGordon on Wednesday, December 27, 2006, 00:38:26
how am i factually incorrect?


Title: Suport the board
Post by: DV on Wednesday, December 27, 2006, 01:04:27
Quote from: "FlashGordon"
how am i factually incorrect?



Quote from: "FlashGordon"
Just like to say look at the clubs run by their trusts...

Bournemouth, look how well their doing...
Brentford,......
Rushden & Diamonds....


Quote from: "Frasier3"
Could you point me to where you you read or heard that the Trust would run the club?


Title: Suport the board
Post by: Leggett on Wednesday, December 27, 2006, 01:10:28
i think that just about covers it VD. well done  :soapy tit wank:


Title: Suport the board
Post by: sonic youth on Wednesday, December 27, 2006, 01:47:17
Quote from: "FlashGordon"
All im doing is putting the other arguement there, im not saying im fully in support of the board, nor fully support of the trust. Just putting the counter arguments there...


I REFER YOU TO MY PREVIOUS COMMENT YOU CUM-DRIBBLING FUCKSPACK.

if you're going to provide a "counter argument" then at least make some sense.


Title: Suport the board
Post by: rockincockinrobin on Wednesday, December 27, 2006, 03:15:06
Flash Gordon your argument is bollocks.

No-one in their right mind would support the board after all the lies and several pathetic statements and Mr Diamandis slagging off the trust, also lying about the CVA payment and trying to cover up why Bill Power really left i mean the board members didn't even have the decency to visit Mr Power in hospital when he was seriously injured, it says it all against this board and i honestly believe that at least 70-80% of fans are against the board.

The other 20-30% are just  :arsekisser: who just love the board and wouldn't say anything against them and wouldn't dare to wear anything orange but those people are a small minority.

Mr Diamandis made me laugh in his interview last week when he said only around 200 fans supported the trust, there was a few thousand today showing their support for the trust, he needs some glasses as he must have bad eyes soapy tit wank.


Title: Suport the board
Post by: millom red on Wednesday, December 27, 2006, 06:54:07
Can i just point out Flash Gordon that the Trust have supported Janaage(RH) in the orange revolution idea. The trust and therefore the 7-800 members (and growing) are showing support for the consortiums bid for the club. If the consortium is succesfull in it's efforts to rid the club of the incumbent leeches, then the members of the trust(in agreement with the consortium) will democraticaly elect a member of the trust to the new board as a fans board member to provide transparancy to fans with regard to what goes on behind the scenes on all levels.

Now then Flash, wheres is your problem with that?

Millom


Title: Suport the board
Post by: Bennett on Wednesday, December 27, 2006, 08:13:35
Quote from: "FlashGordon"
how am i factually incorrect?


taaaaa daaaaaaaaaaa


Title: Suport the board
Post by: STFC Bart on Wednesday, December 27, 2006, 10:20:10
As i said guys problem is the ponly weay Dimandis and St Modwen will make their money is through an out of town redevelopment (j17)

The council will not deal with this current regime so any proposals the club come up with to redevelop will be dead in the water

You have 2 choices- support the consortium to stay in Swindon- support the current board if you want your football club 20 miles down the m4. The choice is yours.

Mr Diamandis is a nasty, greedy man. He will not propose anything that will not give him a significant return (He owns 33% of the holding company remember). If that means destroying over 100 years of our club he will not care


Title: Suport the board
Post by: FlashGordon on Wednesday, December 27, 2006, 10:23:03
Im not in favour of the board, i am just wary of what could happen to us with the consortium takes over, i would prefer for us to stay with the current board til we find a better alternative.


Title: Suport the board
Post by: janaage on Wednesday, December 27, 2006, 10:41:40
Flash as others have said this is not a Trust Consortium, the consortium is being led by Mike Wilkes with Bill and Phil in the background, the Trust Board are not the people charged with dragging the club into the 21st century.

Have a chat with Mike if you want further info, he's very approachable.  So whilst I can see why you may be sceptical about it all, surely you should have a chat with Mike before completely writing off the current fans consortium.


Title: Suport the board
Post by: Reg Smeeton on Wednesday, December 27, 2006, 10:45:37
Quote from: "FlashGordon"
Im not in favour of the board, i am just wary of what could happen to us with the consortium takes over, i would prefer for us to stay with the current board til we find a better alternative.


 Do that and you take the very real risk of losing the club....don't believe what you hear from Newbury.....the boy Blodwyn has been briought in at great expense,  as a last  throw at trying to maximise a profit from the ground, and their best shot is J17.  If the current Board see off this situation and are thereby strengthened......there will be no alternative.


Title: Suport the board
Post by: pauld on Wednesday, December 27, 2006, 10:50:19
Quote from: "FlashGordon"
Im not in favour of the board, i am just wary of what could happen to us with the consortium takes over, i would prefer for us to stay with the current board til we find a better alternative.

Such as? The choice at the moment is between a consortium which has the financial backing to take on the club's liabilities, ensure the Wills family a decent exit if they want it, although everyone would prefer they remain involved, but either way to make sure they don't lose it, and take the club forward; or a board which hasn't paid the last CVA payment and has admitted it has no chance of paying the remainder when it falls due (but seem to have some kind of fantasy about rescheduling it into 10 payments of £100k, which is never going to happen as the creditors will not allow it). Or put another way between a consortium which has come up with the first credible, widely welcomed plan for a ground redevelopment in years; as against a board that has spent 5 years producing unrealistic plans then blaming the council (who they need to partner with) to succeed. Between a fans' consortium which is committed to openness and transparency, backed up by a supporter-director elected by fans, or a board which has consistently misled AGMs as to the true financial state of the club.

Where do you think your "better alternative" is going to come from? If there is one, I'd welcome it too, but I have to say the package on offer is a good one for the club and the fans and is unlikely to be bettered. And while we're waiting around for your alternative on the never-never, the clock's ticking on £1m quid's worth of CVA due in June. One hell of a gamble you're taking there - I want to see our club safe and on course for a stable and successful future.


Title: Suport the board
Post by: herthab on Wednesday, December 27, 2006, 11:05:18
Quote from: "millom red"
Can i just point out Flash Gordon that the Trust have supported Janaage(RH) in the orange revolution idea. The trust and therefore the 7-800 members (and growing) are showing support for the consortiums bid for the club. If the consortium is succesfull in it's efforts to rid the club of the incumbent leeches, then the members of the trust(in agreement with the consortium) will democraticaly elect a member of the trust to the new board as a fans board member to provide transparancy to fans with regard to what goes on behind the scenes on all levels.

Now then Flash, wheres is your problem with that?

Millom


Surely it would be ALL supporters groups? I don't think it would be a good idea to have the supporters board member chosen by just the trust.

Sounds a little selective and could piss some supporters off.


Title: Suport the board
Post by: Fred Elliot on Wednesday, December 27, 2006, 11:14:10
You are correct Hertha

Any supporter can put themselves up for Election


Title: Suport the board
Post by: cavpete on Wednesday, December 27, 2006, 12:47:21
After reading all posts about the consortium and the board. There is no viable alternative other than the consortium. The board stays the club DIES. The consortium gets in and the club PROSPERS on the pitch and financially.


Title: Suport the board
Post by: glos_robin on Wednesday, December 27, 2006, 12:58:47
One thing that hasn't been mentioned for a while also is the Wadsworth brewery (I think it was them) investment that the board refused to accept. Don't where or when I heard it but didn't a few years back the board refuse some money from Wadsworths as the brewery wanted it to be spent on players but the board refused it saying no one can tell them how to spend money.
Can anyone else shed any light on this?

If this is the attitude of the board then it is no wonder they have struggled so badly to get in investment. If someone is putting their own money into the club surely they have some right to state where it should be spent.

Just sums up our board in my opinion, they refuse to get told what to do and just think they are bigger and better than everyone else.

I'm guessing if a similar offer cam in if the consortium got into power they would be more than happy to accept any offers similar to that of Wadsworths.


Title: Suport the board
Post by: RobertT on Wednesday, December 27, 2006, 13:04:10
I remember something about Wadsworths as well, although not the detail and whether it was true or not.  Could just be another myth like the Honda one.

I seem to remember another myth/rumour/chinese whisper about Bass being interested many moons ago but Arkells had a very strong shareholding at that time and were less than pleased.  Again, probably all complete bollocks.


Title: Suport the board
Post by: glos_robin on Wednesday, December 27, 2006, 13:15:23
Very true, but Wadworths is a weird one, haven't got the same links to Swindon as a town as Honda does.  Just strikes me as the rumour must of came from somewhere, I'm sure someone on here must know something about it


Title: Suport the board
Post by: Reg Smeeton on Wednesday, December 27, 2006, 13:27:14
Quote from: "RobertT"
I remember something about Wadsworths as well, although not the detail and whether it was true or not.  Could just be another myth like the Honda one.

I seem to remember another myth/rumour/chinese whisper about Bass being interested many moons ago but Arkells had a very strong shareholding at that time and were less than pleased.  Again, probably all complete bollocks.


 BTW its Wadworth's brewery......Arkell's have had a long standing involvement with the club, Nick Arkell being the last director, but he stood down being around in the Macari years....no idea what their shareholding is now.


Title: Suport the board
Post by: RobertT on Wednesday, December 27, 2006, 13:34:31
Back in 93/94 ish they nearly (if not did) have a majority shareholding in the club.  Very few shares issued at that time though.  Remember having a few years worth of accounts while doing a HND project.  They were not exactly rosy, but it's quite interesting to think that revenue is currently around the same level still (or maybe even lower than then).


Title: Suport the board
Post by: Bushey Boy on Wednesday, December 27, 2006, 13:35:53
If Mike Wilkes doesnt get control of the club and the club then fails to pay the CVA can a investor buy the company and take on its liabilities from the solicitors in charge of the CVA?  I really should talk to my uncle as he does this in canada


Title: Suport the board
Post by: RobertT on Wednesday, December 27, 2006, 13:37:54
I think so.  I believe you can petition for the sale of the company through the High Courts and force the sale through if another person can show an ability to pay the CVA.  Not sure of the details.


Title: Suport the board
Post by: STFC Bart on Wednesday, December 27, 2006, 13:50:27
Rob you are quite correct.

This may be the avenue we have to go down to get them out. it will not  take much to convince the inland revenue i dont think with the track record of our board in paying the bills,


Title: Suport the board
Post by: Reg Smeeton on Wednesday, December 27, 2006, 13:52:21
Quote from: "RobertT"
Back in 93/94 ish they nearly (if not did) have a majority shareholding in the club.  Very few shares issued at that time though.  Remember having a few years worth of accounts while doing a HND project.  They were not exactly rosy, but it's quite interesting to think that revenue is currently around the same level still (or maybe even lower than then).


  Nick Arkell went in March 92......Ken Chapman who was another with grand schemes and from memory had a planning consultancy in  Wroughton, went in Oct 91.

  In May 92 Mike Spearman was majority shareholder with 10,360....SSW acquired 5400 from a previous shareholding in June 91 of zero.

  Rikki as an associate director from Burmah the sponsor had 1 share.


Title: Suport the board
Post by: Bushey Boy on Wednesday, December 27, 2006, 13:58:31
I will send an email to canada, after all the guy is from swindon, when I met him last year he was in excess of having done this to 100 companies, another reason why I really should get on with family


Title: Suport the board
Post by: ron dodgers on Wednesday, December 27, 2006, 17:19:31
just ask this guy about the cva payment - he should know
[email protected]


Title: Suport the board
Post by: millom red on Wednesday, December 27, 2006, 19:57:08
Quote from: "herthab"
Quote from: "millom red"
Can i just point out Flash Gordon that the Trust have supported Janaage(RH) in the orange revolution idea. The trust and therefore the 7-800 members (and growing) are showing support for the consortiums bid for the club. If the consortium is succesfull in it's efforts to rid the club of the incumbent leeches, then the members of the trust(in agreement with the consortium) will democraticaly elect a member of the trust to the new board as a fans board member to provide transparancy to fans with regard to what goes on behind the scenes on all levels.

Now then Flash, wheres is your problem with that?

Millom


Surely it would be ALL supporters groups? I don't think it would be a good idea to have the supporters board member chosen by just the trust.

Sounds a little selective and could piss some supporters off.


I stand corrected Hertha. I should have included other supporter's groups in that post. Sorry. :oops:


Title: Suport the board
Post by: Lumps on Thursday, December 28, 2006, 18:24:01
Quote from: "pauld"
Quote from: "FlashGordon"
Im not in favour of the board, i am just wary of what could happen to us with the consortium takes over, i would prefer for us to stay with the current board til we find a better alternative.

Such as? The choice at the moment is between a consortium which has the financial backing to take on the club's liabilities, ensure the Wills family a decent exit if they want it, although everyone would prefer they remain involved, but either way to make sure they don't lose it, and take the club forward; or a board which hasn't paid the last CVA payment and has admitted it has no chance of paying the remainder when it falls due (but seem to have some kind of fantasy about rescheduling it into 10 payments of £100k, which is never going to happen as the creditors will not allow it). Or put another way between a consortium which has come up with the first credible, widely welcomed plan for a ground redevelopment in years; as against a board that has spent 5 years producing unrealistic plans then blaming the council (who they need to partner with) to succeed. Between a fans' consortium which is committed to openness and transparency, backed up by a supporter-director elected by fans, or a board which has consistently misled AGMs as to the true financial state of the club.

Where do you think your "better alternative" is going to come from? If there is one, I'd welcome it too, but I have to say the package on offer is a good one for the club and the fans and is unlikely to be bettered. And while we're waiting around for your alternative on the never-never, the clock's ticking on £1m quid's worth of CVA due in June. One hell of a gamble you're taking there - I want to see our club safe and on course for a stable and successful future.



God knows I'm the last person that would want to set myself up as looking like a  :arsekisser: (as it's a phrase I fear that I may have undeservedly thrown in your direction over that last month or so), but I have to say that this post provides the most succinct summary of the current situation I've come across. Shame there's a few people that aren't interested in listening to a retional exposition of the facts.


Title: Suport the board
Post by: red macca on Thursday, December 28, 2006, 22:04:24
Quote from: "Lumps"
Quote from: "pauld"
Quote from: "FlashGordon"
Im not in favour of the board, i am just wary of what could happen to us with the consortium takes over, i would prefer for us to stay with the current board til we find a better alternative.

Such as? The choice at the moment is between a consortium which has the financial backing to take on the club's liabilities, ensure the Wills family a decent exit if they want it, although everyone would prefer they remain involved, but either way to make sure they don't lose it, and take the club forward; or a board which hasn't paid the last CVA payment and has admitted it has no chance of paying the remainder when it falls due (but seem to have some kind of fantasy about rescheduling it into 10 payments of £100k, which is never going to happen as the creditors will not allow it). Or put another way between a consortium which has come up with the first credible, widely welcomed plan for a ground redevelopment in years; as against a board that has spent 5 years producing unrealistic plans then blaming the council (who they need to partner with) to succeed. Between a fans' consortium which is committed to openness and transparency, backed up by a supporter-director elected by fans, or a board which has consistently misled AGMs as to the true financial state of the club.

Where do you think your "better alternative" is going to come from? If there is one, I'd welcome it too, but I have to say the package on offer is a good one for the club and the fans and is unlikely to be bettered. And while we're waiting around for your alternative on the never-never, the clock's ticking on £1m quid's worth of CVA due in June. One hell of a gamble you're taking there - I want to see our club safe and on course for a stable and successful future.



God knows I'm the last person that would want to set myself up as looking like a  :arsekisser: (as it's a phrase I fear that I may have undeservedly thrown in your direction over that last month or so), but I have to say that this postI've come across. Shame there's a few people that aren't intereste provides the most succinct summary of the current situation d in listening to a retional exposition of the facts.
Im willing to listen,Please explain