Thetownend.com

THIS IS A BRIEF RUN DOWN FOR THOSE WHO DO NOT HAVE THE ADVER AND THIS IS IN NO WAY MY OPINION ETC.

WHY DID BEST HOLDINGS DEAL BREAK DOWN?

-   £8m has to be subordinated, £8M debt comes from shareholders loans eg £750,000 SSW gives the club every year
-   Initial contract stated current board would sort out stadium development and the £8M
-   SSW will have to continue giving £750K to the club every year unless they cut the football down, year they did that we got relegated.
-   SSW and Mike D are fans and joke about being paid one day.
-   BEST holdings did not want to give the current shareholders anything to finalise the deal so they were going to do it with a stadium development.
-   Mike D wont be finding the £750K shortfall anymore.
-   BEST announced the deal was done to sky which surprised the current majority shareholder

WHAT WAS THE EXACT DEAL WITH BEST HOLDINGS?
-   Best had to pay the PAYE, the CVA and all the creditors
-   They would then have to pay £3M into shareholders fund where 3.5M would clear the shaw developments debt and rest is for litigation and legals.

WHAT IS THE TRUTH BEHIND THE 8M?
-   £8M is the amount of money that has been lent by shareholders into the club.

WHO IS THE NEW FINANCIAL PARTNER?

-   Cannot say due to confidentiality reasons but they will entere dur diligence next week.
-   Expect deal to be complete on 16 November
-   £1m is neither here or there to them as they are very wealthy
-   Current board will remain after deal goes through
-   If deal falls through current board will still stay at the club to try and save it but not sure how they would do this?

HOW DO YOU FEEL ABOUT THE CONSTATNT CRITICISM DIRECTED AS YOU BY THE FANS?

-   Abuse was upsetting Mike D and his family
-   He has stopped reading websites but daughter got really upset by the comments
-   Mike D has to stop as it is upsetting his family life.

WHAT IS YOUR MESSAGE FOR THE FANS?

-   If everyone does not get together and support the club it will go away in a puff of smoke.
-   If Mike D and current board walk away the board will disappear and soon it will be nothing
-   If Mike D and current board get continuous abuse they will walk away.
-   SSW paid players wages last month and will this month as well
-   £60% of fans comments are not negative towards them
-   They are not nicking £18m
-   30 or 40 activists do make the fun of running the FC lose its appeal.
-   Any personal attack on Mike D means he will stop working for the club on that day.
-   If there is riots or violent protests it will finish the club
-   Get behind Paul Sturrock.
-   Mike D has become a Swindon fans slowly with his involvement at the club
-   Sandy Gray and Martyn Starnes could have got hurt the other day, any violence and the club is done.

Yeah I agree. I don't think we should protest.

Just about the only bit of truth in there.......



However peacfull protests need to happen, this moron has to be got rid of.

I like the sound of that.



Oh, sorry. Do we make poor ickle Mikey Wikey not like his job  :(



Bollocks would they. It was a bit of verbal and nothing else.

Translation: 'If you lot play up on Saturday, I will leave, the club will fold and it'll all be your fault, mwahahahahaha' No change from the usual tune there then.

What a bunch of fucking cowards. "Could have got hurt."

Jesus.

fORGOT TO SAY £250,000 Payment was made to HMRC.

Interesting that he has linked the word protest with the words; attack, riot, violence. Clearly designed to keep those who are angry, but don't often participate in these things, from not joining in with the protests on Saturday.

Why? it was a peaceful protest. They could have got hurt falling down the stairs...did they? No

Actually Sandy Gray did get hurt falling down the stairs some time last year. Thought it was important to stick to the facts.

Fallen for the latest round of bullshit? Lilly livered cunt.

Reading the article, I thought I was having flashbacks to last December - it's the same old bollocks - new investors .... extremely wealthy .... million neither here nor there .... keep the current board ..... financial engineering ..... Same old. Shut the door behind you and leave the key under the mat, eh? There's a good lad.

Erm, I think you need to learn about sarcasm.

Does Mikey D think we live on cloud cuckoo land, because, as Paul said, it's the same old bollox he spouted in December.

Mr Sturrock hasn't even met them yet  :|

Having gone through the full article I'm concerned about a couple of things.

- Diamandis & Wills wanted 80% of any development. If BEST had paid the £8 million then Diamandis & Wills would have settled for 50%, leaving best with 40% (10% goes to St Modwen).

- Quote: "Andrew Andronikou was really angry about the delay and very, very angry they had contacted the Inland Revenue without our knowledge". What the fuck has Andronikou got to do with it? The PAYE is a current liability and is outside of the CVA.

- Wills' "loans". Diamandis is going to essentially convert them to shares by making a rights issue. Now to me, that means any potential investor will have to buy more shares to gain a majority, therefore Diamandis & Wills pocket more money.

I hope Sandy's not doing the share certificate.... :mrgreen:

Wow. Mike's brilliant skills at finding 750k a year are basically go asking SSW for more money. Sounds like a lot of effort. I've probably expended more energy trying to find my bollocks on a cold day.

I see Mikey D's getting slammed in the comments sections after the articles. :D

:Ride On Fatbury's Lovestick:  :shock:

Errm, I was being sarcastic myself. Fuck off and let people fight thier own battles, cunt.

That is so fucking out of order. Its people like you that give the rest of us a fucking bad name.

It is not deserved and you need to learn a little respect

I'd like to thank pauld for pointing out the obvious (and I mean that in a nice way, none of you other fuckers stuck up for me), and deltaincline or whatever he's called for giving a hideous example of backtracking. It should make it easier for the rest of us from now on.

Oh fucking grow up. I thought ironic sarcasm was supposed to be de rigeur on this forum. Touchy bunch of cunts :o

No offence intended to you Bendy. Just my sense of humour mate :wink:  

Fuck, I'm going to have to watch what I say from now on or some touchy cunt is going to pile in like.

Someone like you?  :old:

Yeah, but I'm still going to ban you. out of all your posts less than 20 have been outside of the boardroom section and they seem to have a common factor of posting like a someone on a wind up.

Bye.

Anyone else find his over-use of the word cunt a little cringeworthy?

Why did you mention pile. I had piles once, they aren't funny. Insensative wanker.

That's a bit harsh, Ben. He was only taking the piss, like most of us do on here. OK, personally I don't tend to do so in quite such an abrasive way but FWIW his "F**k off and let people fight their own battles" thing at me was fairly funny, I assumed he was taking the mick and took it that way. Everyone's waaaay too touchy over the last week or so, understandable given the tension etc, but let's not start dishing bans out to people (especially ones with such consistently amusing avatars)

oh fuck off all of you. The rest of us OCD fuckers have to trawl through this shit!

fuck off you cunt!!

Fuck off you cunt

stop being cunts all of you