Thetownend.com

25% => The Boardroom => Topic started by: Fred Elliot on Friday, February 16, 2007, 11:41:39



Title: Andronikou
Post by: Fred Elliot on Friday, February 16, 2007, 11:41:39
I hear he is to attend Wednesday's fans forum


Title: Andronikou
Post by: Piemonte on Friday, February 16, 2007, 11:42:14
I like Greek people


Title: Andronikou
Post by: Fred Elliot on Friday, February 16, 2007, 11:46:45
So do I

They are lovely


Title: Andronikou
Post by: fatbury on Friday, February 16, 2007, 11:52:11
Blimey havent heard from him for a while .. are we heading back into administration then as we cant renegotiate the CVA? :wink:


Title: Andronikou
Post by: Batch on Friday, February 16, 2007, 11:53:12
Well it may be that the CVA has been renegotiated, or an explanation as to why is nearly has but hasn't quite.


Title: Andronikou
Post by: Fred Elliot on Friday, February 16, 2007, 11:56:55
Andronikou = shield

Sturrock = shield


Title: Andronikou
Post by: Batch on Friday, February 16, 2007, 12:05:59
Oh, OK, so they will get him to say everything is fine so we don't need a takeover.

Wonder if the creditors are aware of the alternatives to a variance. I think I'll ask him.


Title: Andronikou
Post by: Fred Elliot on Friday, February 16, 2007, 12:12:12
good call


Title: Andronikou
Post by: RobertT on Friday, February 16, 2007, 12:14:51
maybe we can ask him how many business he looks after in his role as liquidator/administrator etc that are in any way associated with Diamandis.


Title: Andronikou
Post by: janaage on Friday, February 16, 2007, 12:34:52
I fear for this meeting next Wednesday, I'm begining to wonder if they will attempt to "blind us with science", any accountants coming along as supporters?


Title: Andronikou
Post by: Fred Elliot on Friday, February 16, 2007, 12:45:52
I think that we will have it in hand Jan


Title: Andronikou
Post by: Maverick on Friday, February 16, 2007, 12:48:20
Is simon_pieman going? He is an accountant I believe.


Title: Andronikou
Post by: Simon Pieman on Friday, February 16, 2007, 13:03:56
I wouldn't waste my time nor breath, you wouldn't get a clear answer if you wanted one and you'd probably get someone insisting you're wrong even after the meeting.

I had a thought earlier about Bowden's claim on Andronikou's estimation of the business. I'm hoping he was referring to the amount of needed to relieve the club of debt and maybe Bowden got the wrong end of the stick. It's feasible I suppose.


Title: Andronikou
Post by: RobertT on Friday, February 16, 2007, 14:24:15
true.  Brentford cost £1m to buy, but needed £4m of guarentees to cover the debt and future trading losses.

Maybe, just mabe, STFC = £1 + £5m-£10m in guarentees about loans, losses and CVA payments, which would be about right, and about what was on offer.


Title: Andronikou
Post by: horlock07 on Friday, February 16, 2007, 17:47:11
As sadly I cannot make it for the forum as being a lazy bastard I am letting the 300 miles between home and Swindon be an excuse could someone who is attending please ask him the following questions:

1. In the role as an administrator who are you working for the business or the creditors.
2. Specifically did you advise the board to lie to their shareholders at the AGM - in this case a simple yes or no will suffice.
3. Did you tell Mike Bolwden the club was worth 10m quid again yes or no will suffice.
4. Have you acted as Administrator for any other companies associated with our Managing Director, Tsar, Holiness

That is all

Thanks


Title: Andronikou
Post by: lebowski on Friday, February 16, 2007, 18:23:57
good questions.

for anyone that is going, please remember that we all KNOW that the board will be economical with the truth.

do not let them move on until you are satisfied that every possible interpretation of the question, and the answer.

they are backed into a corner, let's not let them out.


Title: Andronikou
Post by: Simon Pieman on Friday, February 16, 2007, 18:24:51
The Administrator's answer should be that he works for these people in this priority:

Himself
HMRC
Creditors
The Club

Be interesting if that's right


Title: Andronikou
Post by: Simon Pieman on Tuesday, February 20, 2007, 21:11:28
Had a look for stuff and it gets to a point where time and effort spent doing more trawling wouldn't go to prove much else. Anyway aside from Swindon Town the following companies have had Adronikou do work for them. These companies are associated with the Newbury/Dunwoody regime:

DMS (2006) LIMITED
Company No. 04809216

Case Number: 1
Case Type: IN ADMINISTRATION

Practitioner name: ANDRONIKOU, A
Practitioner address:
HACKER YOUNG & PARTNERS
ST ALPHAGE HOUSE
2 FORE STREET
LONDON
EC2Y 5DH
Practitioner name: BOYLE, PAUL ROBERT
Practitioner address:
HARRISONS
4 ST GILES COURT
SOUTHAMPTON STREET
READING
RG1 2QL



DUNWOODY MARKETING COMMUNICATIONS LIMITED
Company No. 03548010

Case Number: 1
Case Type: CORPORATE VOLUNTARY ARRANGEMENT

Practitioner name: KUBIK, PETER
Practitioner address:
UHY HACKER YOUNG
ST ALPHAGE HOUSE
2 FORE STREET
LONDON
EC2Y 5DH
Practitioner name: ANDRONIKOU, A
Practitioner address:
HACKER YOUNG & PARTNERS
ST ALPHAGE HOUSE
2 FORE STREET
LONDON
EC2Y 5DH



CORNWALL LITHO LIMITED
Company No. 05043647

Case Number: 1
Case Type: IN ADMINISTRATION

Practitioner name: HORNAN, LADISLAV
Practitioner address:
HACKER YOUNG & PARTNERS
ST ALPHAGE HOUSE
2 FORE STREET
LONDON
EC2Y 5DH
Practitioner name: ANDRONIKOU, A
Practitioner address:
HACKER YOUNG & PARTNERS
ST ALPHAGE HOUSE
2 FORE STREET
LONDON
EC2Y 5DH

Source: http://wck2.companieshouse.gov.uk/
The site is free to use 7am to 12am Mon-Sat and I think on Sunday between various times (depending on the week).


There could be more companies, but it's not really worth the time to look for them. The fact is Andronikou has worked for members of the Board/management of STFC before in other companies as well as STFC. Read into it what you will....


Title: Andronikou
Post by: Ardiles on Wednesday, February 21, 2007, 08:43:48
Interesting piece of research there!


Title: Andronikou
Post by: Lumps on Thursday, February 22, 2007, 10:04:53
Quote from: "RobertT"
true.  Brentford cost £1m to buy, but needed £4m of guarentees to cover the debt and future trading losses.

Maybe, just mabe, STFC = £1 + £5m-£10m in guarentees about loans, losses and CVA payments, which would be about right, and about what was on offer.


I have this wonderful fantasy of seeing young Wills go into the Dragons Den valuing the company at about £5m.

I can imagine Duncan Banatyne now "So you've been in business 100 years, have no tangible assets, an annual turnover in the millions, and still manage to lose somewhere between £500,000 and £1m a year. And you want how much? Who valued this for you Coco the clown?"

What an arse!


Title: Andronikou
Post by: janaage on Thursday, February 22, 2007, 10:18:10
Good one lumps!!