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25% => The Boardroom => Topic started by: herthab on Monday, July 2, 2007, 07:49:42



Title: When Will We Hear......
Post by: herthab on Monday, July 2, 2007, 07:49:42
What the fuck is going on?

The smart money would suggest between 5-6pm tonight.


Title: When Will We Hear......
Post by: Samdy Gray on Monday, July 2, 2007, 07:50:55
Tomorrow, no doubt about it.

They always leave it until the last minute.


Title: When Will We Hear......
Post by: pauld on Monday, July 2, 2007, 08:06:26
We'll get another vague "It's all in hand, some sort of investment promised" BS, it won't tell us what's going on. Expect them to be massively vague about the level of any "investment"


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 09:25:21
i'm going for wednesday.


Title: When Will We Hear......
Post by: RobertT on Monday, July 2, 2007, 09:47:54
November 12th


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 10:00:19
I am sure it will be OK, after all we wouldn't be allowing PS to make all these new signings if they couldn't do something with the CVA


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 10:09:31
Quote from: "Dachauer"
I am sure it will be OK, after all we wouldn't be allowing PS to make all these new signings if they couldn't do something with the CVA

Always fishing for a bite I see


Title: When Will We Hear......
Post by: janaage on Monday, July 2, 2007, 10:12:15
I do find it astounding though that we are now 2 days passed the deadline, a deadline set years ago and the club are refusing to comment at this stage.  

If I was owed money by STFC I would be disgusted at this satte of affairs.


Title: When Will We Hear......
Post by: hansgruber on Monday, July 2, 2007, 10:17:24
Is anyone here owed money? It'd be interesting to hear what the creditors have been told


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 10:18:41
i doubt they've been told anything whatsoever

this is absurd though, don't we deserve to know what the fuck is going on?


Title: When Will We Hear......
Post by: magicroundabout on Monday, July 2, 2007, 10:20:20
and the first story to appear on the official site is............................

Fucking holiday snaps


Title: When Will We Hear......
Post by: hansgruber on Monday, July 2, 2007, 10:22:21
Ah, but look what's on the flag.... FOXHAM. "Fox 'em?" Ahhhhhhhhh


Title: When Will We Hear......
Post by: Sippo on Monday, July 2, 2007, 10:30:58
To be fair I would...... :mrgreen:


Title: When Will We Hear......
Post by: Iffy's Onion Bhaji on Monday, July 2, 2007, 11:28:49
id say we'd surely have to hear something today. always seems to be between 5 and 6 for statements so i've gone for that


Title: When Will We Hear......
Post by: pauld on Monday, July 2, 2007, 11:29:01
Quote from: "hansgruber"
Is anyone here owed money? It'd be interesting to hear what the creditors have been told

Nothing directly, they just have to read it in the papers like everyone else


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 11:40:03
Quote from: "glos_robin"
Quote from: "Dachauer"
I am sure it will be OK, after all we wouldn't be allowing PS to make all these new signings if they couldn't do something with the CVA

Always fishing for a bite I see


I wasn't at all.
That is my view on the issue


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 12:07:24
Quote from: "Dachauer"
Quote from: "glos_robin"
Quote from: "Dachauer"
I am sure it will be OK, after all we wouldn't be allowing PS to make all these new signings if they couldn't do something with the CVA

Always fishing for a bite I see


I wasn't at all.
That is my view on the issue

What along with supporting the board on every decision they make  :roll:


Title: When Will We Hear......
Post by: FlashGordon on Monday, July 2, 2007, 12:09:08
That is his view, doesnt matter if he's got a different view than you..


Title: When Will We Hear......
Post by: FlashGordon on Monday, July 2, 2007, 12:09:40
...and that is my view also


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 12:16:23
Quote from: "Dachauer"

Thank the supporters for their continued support?
All most people seem to do is crictise the board, I support the board in what they do and although they are not great they should have the backing, but most just moan


I'm basing what I said on this comment he made at the weekend, each to there own and all that but I think most would disagree with it.


Title: When Will We Hear......
Post by: herthab on Monday, July 2, 2007, 12:19:08
Quote from: "glos_robin"
Quote from: "Dachauer"

Thank the supporters for their continued support?
All most people seem to do is crictise the board, I support the board in what they do and although they are not great they should have the backing, but most just moan


I'm basing what I said on this comment he made at the weekend, each to there own and all that but I think most would disagree with it.



Which everyone made pretty clear when he posted it, two days ago....................................................


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 12:20:17
Quote from: "herthab"
Quote from: "glos_robin"
Quote from: "Dachauer"

Thank the supporters for their continued support?
All most people seem to do is crictise the board, I support the board in what they do and although they are not great they should have the backing, but most just moan


I'm basing what I said on this comment he made at the weekend, each to there own and all that but I think most would disagree with it.



Which everyone made pretty clear when he posted it, two days ago....................................................


Exactly which is why I thought he was fishing for a bite again....


Title: When Will We Hear......
Post by: FlashGordon on Monday, July 2, 2007, 12:28:32
fair enough, hadnt seen what had been said...although again personally i agree with most of his first comment


Title: When Will We Hear......
Post by: Lash_sumthin on Monday, July 2, 2007, 13:17:30
the brunel fm report appeared to put a bit of emphasis on the "OR tomorrow" maybe its just me being cynical


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 13:19:49
Quote from: "glos_robin"
Quote from: "herthab"
Quote from: "glos_robin"
Quote from: "Dachauer"

Thank the supporters for their continued support?
All most people seem to do is crictise the board, I support the board in what they do and although they are not great they should have the backing, but most just moan


I'm basing what I said on this comment he made at the weekend, each to there own and all that but I think most would disagree with it.



Which everyone made pretty clear when he posted it, two days ago....................................................


Exactly which is why I thought he was fishing for a bite again....


honestly I wasn't fishing for a bite. I argee that not all that the board do is good but it is not helpful for the club for the supporters to be split


Title: When Will We Hear......
Post by: STFC_Gazzza on Monday, July 2, 2007, 13:21:59
All the statement will say is, Androniku has started the wheels in motion to start renegotiating the CVA and that a investment is expected in the next 4-6 weeks from another party.


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 13:22:43
Quote from: "STFC_Loyalist"
All the statement will say is, Androniku has started the wheels in motion to start renegotiating the CVA and that a investment is expected in the next 4-6 weeks from another party.


I would assume something along those lines


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 13:24:37
The problem is though there is absolutely no trust or faith remaining in the current board. Until they are gone they won't get any support and don't deserve any either, you give them an inch or leave them to their own devices and the club invariably goes into melt down.
A united front would be wonderful but until they are gone that will never happen I'm afraid as our board are absolute scum. The board deserve absolutely everything that has been levelled at them, its about time they took some responsibility, answered peoples questions and stopped lying to everyone.


Title: When Will We Hear......
Post by: reeves4england on Monday, July 2, 2007, 14:57:13
I've gone for 5-6 today, although I don't think the staement will actually tell us "what the fuck is going on", it will just be another nothing statementm which will be a bit novel considering the deadline was 48 hours ago


Title: When Will We Hear......
Post by: Power to people on Monday, July 2, 2007, 15:04:05
I'll go for sometime in the next few days and I suspect the statement will come from Android as he is the CVA Supervisor and should know what is going on.

Although you would have thought he would have let creditors know what was going on already as he is supposed to be working for the creditors not the FC.


Title: When Will We Hear......
Post by: hansgruber on Monday, July 2, 2007, 15:45:37
No news is good news as they say  :|


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 15:46:39
http://www.thisisstfc.co.uk/forum_new/topic.asp?TOPIC_ID=34764


Quote from: "000"
I was duly informed of the following by a very upset member of the clubs staff an hour ago, I sorry to betray their trust but needs must.


The remaining investor pulled out at 10 o’clock this morning, as has taken the view that any future legal action by Mr. Power may be too costly and time consuming

The reason the club has not held talks with SBC is mainly to do with the fact that two other creditors including HMRC have already informed them that they will not renegotiate the CVA payments under any circumstances.

Unless the board comes up with the funds needed in the next few days, it’s fairly clear that the HMRC and possibly some other creditors will be applying for a winding up order.

Probably bullshit, but at present I believe or discount nothing.


Title: When Will We Hear......
Post by: hansgruber on Monday, July 2, 2007, 15:48:26
Just wish they'd say something. Anything really. It's the not knowing that's shit. Even if they were to come out and say that it'll all be ok (again)


Title: When Will We Hear......
Post by: Samdy Gray on Monday, July 2, 2007, 15:49:03
Quote from: "glos_robin"
http://www.thisisstfc.co.uk/forum_new/topic.asp?TOPIC_ID=34764

Probably bullshit, but at present I believe or discount nothing.


As I just posted on thisis, I know who 000 is so I think it's true.


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 15:52:15
Writing on the wall then  :|


Title: When Will We Hear......
Post by: Samdy Gray on Monday, July 2, 2007, 15:54:08
Quote from: "glos_robin"
Writing on the wall then  :|


Yes, either Diamandis will take us down or Power will be our saviour.


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 15:56:40
If true hopefully the press will get on the case imminently


Title: When Will We Hear......
Post by: STFC4LIFE on Monday, July 2, 2007, 16:03:30
Quote from: "glos_robin"
If true hopefully the press will get on the case imminently

Contact the adver?


Title: When Will We Hear......
Post by: wokinghamred on Monday, July 2, 2007, 16:12:40
Do we know the relative Shareholdings of MD vs the Wills family?
Do the Wills still have a majority?

Just supposing the above was true, and MD decided to take the club down,  I am wondering if SSW could sell out to BP regardless of MDs position to save himself some millions.

Anyone know?


Title: When Will We Hear......
Post by: blinkpip on Monday, July 2, 2007, 16:14:30
Lets don't get our selfs excited please.


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 16:16:08
Quote from: "glos_robin"
at present I believe or discount nothing.


unless the club say it, i presume

who is triple zero then?


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 16:16:54
Quote from: "sonic youth"
Quote from: "glos_robin"
at present I believe or discount nothing.


unless the club say it, i presume


Unless they give us catagoric proof


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 16:23:19
tick, tock, tick, tock, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick sorry my watch stopped.

i demand answers!


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 16:24:33
Quote from: "sonic youth"
tick, tock, tick, tock, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick sorry my watch stopped.

i demand answers!


Seconded although not expecting any  :(


Title: When Will We Hear......
Post by: janaage on Monday, July 2, 2007, 16:26:14
I'm not gonna get worked up about this 000 post, not just yet.

If the board have not got some extremely good news to tell us tomorrow I fear all hell will break loose, well in an STFC sense anyway.


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 16:42:23
nowt on the half 5 news on radio swindon. suppose that's it for the day


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 16:43:41
it will all be alright :|


Title: When Will We Hear......
Post by: Iffy's Onion Bhaji on Monday, July 2, 2007, 16:47:44
yup looks to be it now. bet we dont hear until Friday  :-))(


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 16:48:40
As the useless Mr Onuora would say, we must take the positives


Title: When Will We Hear......
Post by: Iffy's Onion Bhaji on Monday, July 2, 2007, 17:01:02
has anyone seen that post on the old thisis site? they seem to think that the investor has pulled out and HMRC are applying for a winding up order. i'll beleive it when i see it though. i mean it has come from thisis


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 17:07:23
Apparently though a few people know the poster of that comment which is 000 so it has some credibility, could easily seeing that being true, if so  :fu:  board!!


Title: When Will We Hear......
Post by: Dazzza on Monday, July 2, 2007, 17:08:53
Linkage to the post...

http://www.thisisstfc.co.uk/forum_new/topic.asp?TOPIC_ID=34764

Quote

I was duly informed of the following by a very upset member of the clubs staff an hour ago, I sorry to betray their trust but needs must.


The remaining investor pulled out at 10 o’clock this morning, as has taken the view that any future legal action by Mr. Power may be too costly and time consuming

The reason the club has not held talks with SBC is mainly to do with the fact that two other creditors including HMRC have already informed them that they will not renegotiate the CVA payments under any circumstances.

Unless the board comes up with the funds needed in the next few days, it’s fairly clear that the HMRC and possibly some other creditors will be applying for a winding up order.


Title: When Will We Hear......
Post by: fjortoft on Monday, July 2, 2007, 17:13:00
So if this is true diamond mike and his mates may get to blame the trust/consortium yet!


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 17:14:16
Quote from: "fjortoft"
So if this is true diamond mike and his mates may get to blame the trust/consortium yet!


They could try blaming the consortium but the only ones to blame are themselves, if they ran the club properly and professionally then we would not be in this mess.


Title: When Will We Hear......
Post by: horlock07 on Monday, July 2, 2007, 17:19:13
Isn't this actually good news though.

I am sure that this has been confirmed 100's of times but could someone in the know on such matters put my mind at rest:

a) They cannot go into admin again without us being booted out the league.

b) That if a viable takeover is in place at the time of the winding up petition (i.e. The Trust) the judge will accept the offer and there is fuck all the board can do?


Title: When Will We Hear......
Post by: newmarket red on Monday, July 2, 2007, 17:23:13
Quote from: "Dazzza"
Linkage to the post...

http://www.thisisstfc.co.uk/forum_new/topic.asp?TOPIC_ID=34764

Quote

I was duly informed of the following by a very upset member of the clubs staff an hour ago, I sorry to betray their trust but needs must.


The remaining investor pulled out at 10 o’clock this morning, as has taken the view that any future legal action by Mr. Power may be too costly and time consuming

The reason the club has not held talks with SBC is mainly to do with the fact that two other creditors including HMRC have already informed them that they will not renegotiate the CVA payments under any circumstances.

Unless the board comes up with the funds needed in the next few days, it’s fairly clear that the HMRC and possibly some other creditors will be applying for a winding up order.
 Our board have come out publicaly  stateing everything is ok if it has gone wrong they owe it to us to talk to us all now we have a right to know what the hell is going on by leaving it longer only makes it worse.


Title: When Will We Hear......
Post by: Fred Elliot on Monday, July 2, 2007, 17:25:16
Quote from: "horlock07"
Isn't this actually good news though.

I am sure that this has been confirmed 100's of times but could someone in the know on such matters put my mind at rest:

a) They cannot go into admin again without us being booted out the league.

b) That if a viable takeover is in place at the time of the winding up petition (i.e. The Trust) the judge will accept the offer and there is fuck all the board can do?



http://www.thetownend.com/forum/viewtopic.php?t=21800

Sorry

cant be arsed to go through it again


Title: When Will We Hear......
Post by: STFC_Gazzza on Monday, July 2, 2007, 17:25:25
I think it would be ditch and run if nothing was sorted...


Title: When Will We Hear......
Post by: Iffy's Onion Bhaji on Monday, July 2, 2007, 17:25:29
If this is true then the board won't release a statement tomorrow. i think they'll just stay quiet.


Title: When Will We Hear......
Post by: Fred Elliot on Monday, July 2, 2007, 17:26:57
Quote from: "Rich"
If this is true then the board won't release a statement tomorrow. i think they'll just stay quiet.


There will be a statement and I can just see it being quite bizarre


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 17:27:10
The board cannot stay quiet forever, they treat us fans like shit, i'm sure the adver and WDP will be on their backs again this week...


Title: When Will We Hear......
Post by: Iffy's Onion Bhaji on Monday, July 2, 2007, 17:28:39
Quote from: "OneBillPower"
The board cannot stay quiet forever, they treat us fans like shit, i'm sure the adver and WDP will be on their backs again this week...


Yes but they know the shit is going to hit the fan. I'm sure they don't give a shit about any of us anyway so i don't expect to hear anything soon


Title: When Will We Hear......
Post by: horlock07 on Monday, July 2, 2007, 17:32:40
Quote from: "Fred Elliot"
Quote from: "horlock07"
Isn't this actually good news though.

I am sure that this has been confirmed 100's of times but could someone in the know on such matters put my mind at rest:

a) They cannot go into admin again without us being booted out the league.

b) That if a viable takeover is in place at the time of the winding up petition (i.e. The Trust) the judge will accept the offer and there is fuck all the board can do?



http://www.thetownend.com/forum/viewtopic.php?t=21800

Sorry

cant be arsed to go through it again


No worries, those in the know seem happy which will do for me. Still think Mike D will have a beauty up his sleeve, I for one cannot wait!


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 17:33:01
They can't hide forever, hopefully they will run as they know the game is up and let the consortium take over but i've still got a bad feeling that the board will somehow worm their way out of this situation.


Title: When Will We Hear......
Post by: horlock07 on Monday, July 2, 2007, 17:35:29
You have got to remember that SSW has a lot of money in the club whereas Mike D does not! A lot will depend on whether SSW has the sense to decide enough is enough, or whether he is too blinkered to the words of the greek god!


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 17:40:11
We all hope that SSW suddenly for once see's sense and goes against Diamandis and sells up to the consortium in order to get some money back instead of him being penniless.


Title: When Will We Hear......
Post by: reeves4england on Monday, July 2, 2007, 18:08:10
Why do I support this club?!!!!

Something needs to change - the board's silence is speaking volumes  :x


Title: When Will We Hear......
Post by: newmarket red on Monday, July 2, 2007, 18:11:08
Quote from: "Rich"
If this is true then the board won't release a statement tomorrow. i think they'll just stay quiet.
Just said on the radio nothing until tommorrow.


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 18:15:30
Knowing our luck, tomorrow they will probably announce that it's been paid!


Title: When Will We Hear......
Post by: reeves4england on Monday, July 2, 2007, 18:18:42
Quote from: "OneBillPower"
Knowing our luck, tomorrow they will probably announce that it's been paid!
To be honest, although that's not ideal, I can think of worse outcomes


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 18:24:00
Quote from: "reeves4england"
Quote from: "OneBillPower"
Knowing our luck, tomorrow they will probably announce that it's been paid!
To be honest, although that's not ideal, I can think of worse outcomes


Agreed


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 18:25:56
I agree it's better than going bust, but if the investor has pulled out and the board are forced to sell to the consortium then that would be great.


Title: When Will We Hear......
Post by: newmarket red on Monday, July 2, 2007, 18:28:54
Thats if bill hasnt had enough already :cry:


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 18:31:11
Quote from: "newmarket red"
Thats if bill hasnt had enough already :cry:


Billy boy's hanging on in there i reckon at least until the outcome of this, if the board manage to pay the CVA i think he will walk.


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 19:27:09
Quote from: "OneBillPower"
Knowing our luck, tomorrow they will probably announce that it's been paid!


Thats not a bad thing, our club would have been saved if that was the case - so how is that bad?


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 19:28:04
because it means the incumbent board would remain, which i don't want.


Title: When Will We Hear......
Post by: OneAndrewFitton on Monday, July 2, 2007, 19:28:53
Quote from: "Dachauer"
Quote from: "OneBillPower"
Knowing our luck, tomorrow they will probably announce that it's been paid!


Thats not a bad thing, our club would have been saved if that was the case - so how is that bad?


It would be a good thing that the CVA would have been paid however it would mean the incompetent board would remain in charge which is obviously a bad thing, it means we will have to put up with their crap for years on end again.


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 19:29:33
doesn't matter as long as we remain in business thats all that matters for now surely?


Title: When Will We Hear......
Post by: red macca on Monday, July 2, 2007, 19:31:02
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?
not really because there is a alternative


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 19:31:27
Quote from: "red macca"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?
not really because there is a alternative


form AFC Swindon?


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 19:31:43
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Title: When Will We Hear......
Post by: red macca on Monday, July 2, 2007, 19:32:36
Quote from: "Dachauer"
Quote from: "red macca"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?
not really because there is a alternative


form AFC Swindon?
yes of course, that is what i meant


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 19:32:56
Quote from: "sonic youth"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Its not vert pleasant all this uncertain mess, but surely the club that is STFC will go on


Title: When Will We Hear......
Post by: magic8ball on Monday, July 2, 2007, 19:33:23
Quote from: "red macca"
Quote from: "Dachauer"
Quote from: "red macca"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?
not really because there is a alternative


form AFC Swindon?
yes of course, that is what i meant


I do hope you're being sarcastic.


Title: When Will We Hear......
Post by: janaage on Monday, July 2, 2007, 19:34:45
Quote from: "Dachauer"
Quote from: "sonic youth"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Its not vert pleasant all this uncertain mess, but surely the club that is STFC will go on


I think that's the problem with footie debt, people think oh we'll be alright, we always are, well unless something drastic happens and we gwet some extra revenue/investment in we can't carry on, and don't call me Shirley.


Title: When Will We Hear......
Post by: red macca on Monday, July 2, 2007, 19:36:00
Quote from: "magic8ball"
Quote from: "red macca"
Quote from: "Dachauer"
Quote from: "red macca"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?
not really because there is a alternative


form AFC Swindon?
yes of course, that is what i meant


I do hope you're being sarcastic.
what do you think ?


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 19:36:00
It's the interest on all the loans that's killing the club


Title: When Will We Hear......
Post by: Matchworn Shirts on Monday, July 2, 2007, 19:36:14
Quote from: "janaage"
Quote from: "Dachauer"
Quote from: "sonic youth"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Its not vert pleasant all this uncertain mess, but surely the club that is STFC will go on


I think that's the problem with footie debt, people think oh we'll be alright, we always are, well unless something drastic happens and we gwet some extra revenue/investment in we can't carry on, and don't call me Shirley.


I think we'll be OK, for now anyway


Title: When Will We Hear......
Post by: magic8ball on Monday, July 2, 2007, 19:39:40
With Diamond Mike seemingly pulling the strings at the club, I almost feel that he'd do anything not to let Bill Power take over the club, even if it means having the club wound up.


Title: When Will We Hear......
Post by: flammableBen on Monday, July 2, 2007, 19:47:19
Quote from: "Dachauer"
Quote from: "sonic youth"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Its not vert pleasant all this uncertain mess, but surely the club that is STFC will go on


The money grabbing arms of the government - Customs, inland revenue etc. have made it quite clear that being a football club doesn't give you any immunity from the laws which govern businesses. STFC have pushed these to the limit over the last 10 years as it is. The football league will surely be looking to make an example of a club, to show that you can't use football as a safety net against sketchy financial gambling in the hope of making a quick buck. Which is exactly what our current board have been doing over the last several years.

If they manage to get out of this one then they've borrowed some time, but everytime they pull off one of these Houdini financial escapes it becomes less likely the club will come out the other side.

It's difficult to keep investing emotionally into a club which you know is being used by a few as a financial tightrope walking aid. Every time one of their schemes fails, then the end of the rope just gets further away. It's only a matter of time until someone falls and takes the club with them.


Title: When Will We Hear......
Post by: magic8ball on Monday, July 2, 2007, 19:52:08
Quote from: "flammableBen"
Quote from: "Dachauer"
Quote from: "sonic youth"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Its not vert pleasant all this uncertain mess, but surely the club that is STFC will go on


The money grabbing arms of the government - Customs, inland revenue etc. have made it quite clear that being a football club doesn't give you any immunity from the laws which govern businesses. STFC have pushed these to the limit over the last 10 years as it is. The football league will surely be looking to make an example of a club, to show that you can't use football as a safety net against sketchy financial gambling in the hope of making a quick buck. Which is exactly what our current board have been doing over the last several years.

If they manage to get out of this one then they've borrowed some time, but everytime they pull off one of these Houdini financial escapes it becomes less likely the club will come out the other side.

It's difficult to keep investing emotionally into a club which you know is being used by a few as a financial tightrope walking aid. Every time one of their schemes fails, then the end of the rope just gets further away. It's only a matter of time until someone falls and takes the club with them.


Which is precisely why we need Bill Power to come in, clear our debts, and put us onto a stable financial footing.


Title: When Will We Hear......
Post by: glos_robin on Monday, July 2, 2007, 19:52:28
Quote from: "flammableBen"
Quote from: "Dachauer"
Quote from: "sonic youth"
Quote from: "Dachauer"
doesn't matter as long as we remain in business thats all that matters for now surely?


i'd rather we didn't. i'm not sure how much of it i can take.


Its not vert pleasant all this uncertain mess, but surely the club that is STFC will go on


The money grabbing arms of the government - Customs, inland revenue etc. have made it quite clear that being a football club doesn't give you any immunity from the laws which govern businesses. STFC have pushed these to the limit over the last 10 years as it is. The football league will surely be looking to make an example of a club, to show that you can't use football as a safety net against sketchy financial gambling in the hope of making a quick buck. Which is exactly what our current board have been doing over the last several years.

If they manage to get out of this one then they've borrowed some time, but everytime they pull off one of these Houdini financial escapes it becomes less likely the club will come out the other side.

It's difficult to keep investing emotionally into a club which you know is being used by a few as a financial tightrope walking aid. Every time one of their schemes fails, then the end of the rope just gets further away. It's only a matter of time until someone falls and takes the club with them.

 :goodpost: Spot on agree with that entirely


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 19:52:53
Very poetic Ben and not in a beautiful way.


Title: When Will We Hear......
Post by: flammableBen on Monday, July 2, 2007, 19:58:37
Quote from: "magic8ball"
Quote from: "flammableBen"


The money grabbing arms of the government - Customs, inland revenue etc. have made it quite clear that being a football club doesn't give you any immunity from the laws which govern businesses. STFC have pushed these to the limit over the last 10 years as it is. The football league will surely be looking to make an example of a club, to show that you can't use football as a safety net against sketchy financial gambling in the hope of making a quick buck. Which is exactly what our current board have been doing over the last several years.

If they manage to get out of this one then they've borrowed some time, but everytime they pull off one of these Houdini financial escapes it becomes less likely the club will come out the other side.

It's difficult to keep investing emotionally into a club which you know is being used by a few as a financial tightrope walking aid. Every time one of their schemes fails, then the end of the rope just gets further away. It's only a matter of time until someone falls and takes the club with them.


Which is precisely why we need Bill Power to come in, clear our debts, and put us onto a stable financial footing.


I thought that including a bit which stated that Bill Power is some sort of super ninja circus gymnast; who can save us from our precarious position on the tightrope of doom, might have been pushing the analogy a bit. It nearly made it in though.


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 20:00:58
I'd have preferred some other super lame cliche, like "it's going down to the wire" or "our future hangs in the balance".


Title: When Will We Hear......
Post by: lebowski on Monday, July 2, 2007, 22:03:30
Quote from: "000"
I was duly informed of the following by a very upset member of the clubs staff an hour ago, I sorry to betray their trust but needs must.


The remaining investor pulled out at 10 o’clock this morning, as has taken the view that any future legal action by Mr. Power may be too costly and time consuming

The reason the club has not held talks with SBC is mainly to do with the fact that two other creditors including HMRC have already informed them that they will not renegotiate the CVA payments under any circumstances.

Unless the board comes up with the funds needed in the next few days, it’s fairly clear that the HMRC and possibly some other creditors will be applying for a winding up order.

i'm not having this. it's almost 11pm now, and this still hasn't been substantiated, be it by the club, or by an upset employee's friend's mum's dog, so as far as i'm concerned, it's bollocks.

i fully expect the club to announce on tuesday, or wednesday, that the issue has been resolved. that is when the questions will really begin.


Title: When Will We Hear......
Post by: flammableBen on Monday, July 2, 2007, 22:07:59
How long will it take for the cheques to the Creditzors to bounce? They're probably still in the post with this postal strike stuff. The board could buy themselves another week with excuses easy.


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 22:25:44
Creditzors? Creditors from outer space?

Sounds like an ace cartoon.


Title: When Will We Hear......
Post by: flammableBen on Monday, July 2, 2007, 22:28:49
I wanted them to sound more deadly. Do you like it?


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 22:29:27
I think even the good doctor would be scared, let alone the bopard.


Title: When Will We Hear......
Post by: flammableBen on Monday, July 2, 2007, 22:33:43
Are you referring to Doctor Who, Mr. Pie? I think Ralphy would make an ace Doctor. Or me, I'm going to become an actor so I can hopefully land the role. How does one go about becoming an actzor?


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 22:43:02
I was indeed.

I don't know much about actzing. Sometimes people say I actz up, but I don't really know what they mean.


Title: When Will We Hear......
Post by: sonic youth on Monday, July 2, 2007, 22:44:43
you go to RADA and suck some cock


Title: When Will We Hear......
Post by: Simon Pieman on Monday, July 2, 2007, 22:45:23
angzty


Title: When Will We Hear......
Post by: flammableBen on Monday, July 2, 2007, 23:00:51
Quote from: "sonic youth"
you go to RADA and suck some cock


Don't be bitter sonic. I'll make it even if I have to suck some penis.