Thetownend.com

Town issue statement regarding embargo
           
           


  THE Swindon Town board has this afternoon issued a statement to clarify a number of outstanding issues surrounding the lifting of the transfer embargo.

           

http://www.thisisswindontownfc.co.uk/news/headlines/10306131.Town_issue_statement_regarding_embargo/?ref=rss
           
           
           

What the deuce ?

1957 debts and something that might or might not happen? Really?

I used to think that Bob Holt's friday statements were bad enough,but this one takes things
to an entirely different level.

Tinpot,laughing stock, take your choice.

1957 really? This is starting to really smack of victimisation. How come it wasnt picked up in over 50 years?

1957, what do we owe money on, a mad rush to buy the latest craze in toys, the  Frisbee and hula hoop ?

Take your pick....http://en.wikipedia.org/wiki/1957_in_the_United_Kingdom

We spent it on spaghetti trees didn't we.

More likely we didn't pay for the petrol coupons, following the petrol rationing (Suez Crisis).

How the fuck did debts come out of the woodwork since 1957?

Surely this statement should've come out last Friday...on Red Nose Day !!

If there are debts dating back to 1957 holding things up, why haven't they held up any previous takeovers, or caused embargos before now? Just doesn't add up.

The hold up makes sense to me now. 1957 debt, obviously the board, quite rightfully are trying to find enough pre decimal coins to pay it back in kind.

Both Glenn Hoddle and Chris Kamara were born in 1957. Coincidence....yes.

Unbelievable Jeff

And of course there's the fact that our various insolvency processes will have eliminated any debt that existed before them (possibly with the exception of a secured debt)

Has anybody pointed out to Jed that a debt from 1957 is now legally unenforceable? I smell bullshit.

Perhaps Keith Morgan is still owed wages?

 :eek: Something doesn't add up...well it can't have done from 1957...imagine the interest payable on it :hmmm:

maybe we'll find the FA owe us some appearance money re the FA Cup Final in 1912, and with compound interest, we will be the richest club in England?

Perhaps Reg can shed some light on the situation?

The 1957 debt is irrelevent its just an example of the shit they are dealing with.The big issue is the legal action,which seems to have escaped most

What legal action? The legal action is threatened but not actual according to the statement:


And what the heck does "covered" mean. One would assume that to be financial coverage through the instruction of employment lawyers.

Unless legals have actually proceeded but we haven't been told. Or covered meaning removed, which makes more sense.

I's it right that all 5 new directors have new Mercedes leased by the club and paid by the club.

Nope, Audi R8's

I've heard that the legends lounge is a harem during the week?

Who knows? As a first-time poster who appears to have registered explicitly to ask this question, maybe you could shed some light on this question? Or explain what your angle is?

No angle at all just some good info. and i am pissed off as much as everyone.

What is your username on thisis ?

OK, so what you actually mean is not "I's it right that all 5 new directors have new Mercedes leased by the club and paid by the club" but that you're saying they actually do. But you wanted to pose it as a question rather than a statement in case someone asked what I'm about to - evidence?

Jed tweeted this a while back:

https://pbs.twimg.com/media/BDydVhoCIAApo2m.jpg

That's an even worse spelling of McCrory than on his twitter

...and he had that before the takeover

At least it shows he's at the club, doing work, though I suppose he could be getting wasted in the County.