Thetownend.com

Back page of the adver tomorrow.

More like Embargoing, going, going, but not quite gone. Yet. But definitely going. Oh yes, definitely.  Nailed on certainty. I kid you not. My word is my bond. Trust me on this...

ROOOOOOOOOOOOAAAAAAAARRRRRRRRRRRRRRRRR

Assuming this is not a massive wind up....


I'm going to miss it. I've come to regard it as an old friend :cry:

I've got no way of verifying if it will be or not. Based solely on tonights statement and headline writing form

Fingers crossed for tomorrow then.

Bet Barcelona are getting nervous now, Messi will be putting in his transfer request as we speak :)

Almost there... http://www.swindontownfc.co.uk/news/article/embargoupdate-737567.aspx


Now, when does the transfer window close?...

Goodish news.

"Having met all the criteria we now await confirmation from the Football League on Thursday."...Who is willing to bet this comes after the deadline for loans??  :sherlock: Goodish news though!

5pm tomorrow.

i think it translates as:

We've done all we can. If it doesn't happen don't blame us, blame the FL 'cos they're a bunch of cunts.

Good news though this is ...brilliant in fact...It's amazing though isn't it...we can't just be told that the embargo has been lifted can we? Even now it's subject to confirmation from the FL ::)

Fuck me. It's like pulling teeth.

I think you are probably right, however I'd rather they did this than wait until tomorrow & tell us it has or (god forbid) hasn't been ratified by the FL.

At least we know it's in their court now

 :Ride On Fatbury's Lovestick: :Ride On Fatbury's Lovestick: :Ride On Fatbury's Lovestick: :Ride On Fatbury's Lovestick:

The thing is, the club may believe they have met all the requirements, but does the FL believe this...and how many hours or days will it take for them to come to this conclusion? Are we the first thing on their To Do list tomorrow?

Don't they normally have a Monday meeting, if they clear us tommorow they will have to call an extra meeting?....

That is the key. I have become relatively pessimistic during this whole saga - and that pessimism now tells me that the football league's interpretation of the extent to which the criteria have been satisfied may differ.

I'd love to be wrong.

As previous owners have found out both at SN1 and other clubs, whether bona fide or otherwise the FL are a law unto themselves and a club or clubs like swindon will always be at the whim of this organisation. We are small fry to be pushed around and due to unscrupulous owners at certain clubs the FL would always argue from a position of strength that they are right and hold the moral high ground. Now it may be that blacks administration always led a straight bat, though you could not argue the the previous one/s did and so,we have history/previous form and therefore they are right to take there time and examines to the eight degree.

I may have missed something, but didn't Jed and crew tell us weeks ago that they had fulfilled all the FL's requirements?  And then point the finger at an old debt and the possibility of a law suit?  If so why did they have to fulfill the requirements again?  The statement talks about the 1.2 million being deposited, but wasn't that something they were supposed to have done for the buyout itself to have gone through?

It would help if they come out and state what it is different that they have done that they didn't do before and if it was just the 1.2 million that they were supposed to already have deposited, why they didn't do this and bring us out of embargo when there was a realistic chance of McDonald having the time to sign anyone decent.

Spot on mate.

This. We've supposed to have come out of the M'Bargo during the last few months, and yet we're still waiting.

Maybe they put the £1.2m in a Cypriot bank account?

Cheque bounced?

It makes the theory that the money hadn't been made available due to the possibility of legal action by PDC all the more believable.

The statement did make some reference to taking legal counsel regarding the outstanding issues.

Just hope that IF everything is now in place that the FL can ratify it in time to allow MacDonald to bring in some fresh faces.

IF we can sign players tomorrow, then will they be available for Friday? I'm not sure and I'm probably wrong in saying this, but isn't the deadline something like 1pm the day before a game for the player to be registered in order for them to be able to play...gives us a very tight deadline in terms of new faces being available for Oldham.

I think you're about right, but I suspect this is all moot (that way I can be pleasantly surprised if the pleasantly surprising thing happens).

I think the majority of us will be, almost like Christmas morning as a kid! (If that's the right comparison to make-it has been dragging it's heels and tomorrow is the sort of 'it's finally here' day)

It's like Christmas day only there's a 50% chance Santa took a shit down your chimney and gave all your presents to Bournemouth?

That wouldn't surprise me either! (The presents part that is  :D)

The club seem to be very good at spinning this, this is what they was supposed to have done weeks ago so I wont beleive it until new players arrive and are confirmed as signed

Exactly.

I, like many others on here, thought the footballing debts and the ringfenced £1.2m was sorted out weeks ago - and was in fact part of the initial takeover conditions.

Now they are saying they have just done it.

Whether it is lifted today or not, it has left a lot of people questioning either the competency or the integrity of our new board

How do you know the £1.2M wasn't sorted weeks ago?

According to the statement last week the board believed they had then met the criteria to lift the embargo, only for the FA to then say there were still outstanding debts, some from 1957 as well as a possible lawsuit from a certain someone. No mention of a £1.2M outstanding.

"in the post"?

It sounds as though the FA keep on moving the goal posts. Hopefully that wont happen to do, it'll be too late if they do.

Nah, just Magera jumping...

Exactly - my interpretation is that the £1.2m has been there all along, however I am unsure whether it was officiallly lodged as whoever is funding it (the great unknown question) rightly said 'hang on a sec, I'm not putting all that cash forward if there is a chance that it will just disappear into the pocket of a departing emotional Italian and his loyal band of followers' hence firstly sorting the debts and secondly getting legal counsel I assume regarding the new co's liability for claims etc, its not ideal but makes business sense.

I have said before, but I cannot believe the naevity or blinkered nature of some on here, £1.2m is not just petty cash to anyone (from experience the wealthy are wealthy because they are careful with cash) and to argue that it should just be lodged without checking the provinance of any claims against it would be stupid in the extreme so if anything does this actually prove our board do have some business sense. To complain that matchday prices have gone up and then moan that the board will not just throw £30k or £1.2m around is a little unfair.

There are a plethora of unanswered questions that need address, but to me the honeymoon will continue for a couple of weeks after this is sorted then questions can be asked.

I expect the £1.2m has been reiterated to highlight the fact the new Board have done a good job to secure it*

*assuming this is the case.

I'm not knocking the amount that has been lodged - just the timing of WHEN it was lodged.

How many times have we heard from Jed that the embargo was about to be lifted when it was not.

Not 100% sure on this, but has Jed actually ever said when the embargo would be lifted? Only Murrell gave a timescale IIRC. Jed has said he was hopeful it would be lifted, but I think he never really gave false hope really.

I may be wrong of course.

I think he continually fed us false hope.

How many times have we been told the embargo will be lifted tomorrow - it has become a standing joke on here.

Surely it would have been better to keep schtum until it was actually lifted - which still isn't the case.

I'm sure we all thought the football related debts - Collins and Martin etc - were settled a while ago.

I'm not defending or attacking the board but when they kept Schtum people on here were going mental about the deafening silence. Then when they made a statement, they were ridiculed.

Personally, it seems like they were always going to be in a lose lose situation.

Absolutely. There's no pleasing some people.

Yep. I think Jed's probably realised that pretty quickly too.

Let's say the miracle happens and the embargo is lifted, the £1.2m is in place, we are debt free and the legal issues are sorted or in hand.

Regardless of the frustrating drawn out affair of it all I think the Board would have done a good job. Of course, there will be plenty more questions to answer and establishing other facts but at least it would be one thing to let go.

Plus we'll have the signing of Jason Roberts to look forward to.

The board never stated last week that the 1.2m had been paid.

http://www.swindontownfc.co.uk/news/article/stfcembargoupdate-727968.aspx

I think generally it's important that when you 'spin' some facts, people believe it so frankly I'd suggest they're rubbish at it.

From my perception of the situation it seems like ever since they've been asked to have it by the FL, the board has had the 1.2m ready to go into the right place to get the embargo lifted, but after the due dilligence process, the extra debts had to be sorted, and there was the possible legal situation hovering over the horizon that had to go one way or the other too. From their statement last night, it seems the 1.2m has now gone to where it needs to, and it's simply a matter of paperwork with the FL. And then a mad rush to get some loans in.

Mind you, we've said this before...

To be honest Bob, Jed has said several times this week that the embargo would be lifted before the deadline and on Monday he seemed more than confident that it would be lifted Tuesdsay/Wednedsay and also on Monday saying " In 48 hours people will wonder what all the fuss was about" along with giving the thumbs up when asked if 100% the embargo will be gone by deadline. It sounds like he has no intention of disclosing what the hold up was and said"there has been enough bad press" and "no" he won't be explaining the reasons. The trouble is after saying these things he has said it will 99.5% be lifted and the .5% is down to the FL if it doesn't happen.

I'm in a bad mood, so my perception is that the board were told 2 months ago what they had to do to lift the embargo. They chose to wait until yesterday to meet all the requirements.

Why?

The FL stance of saying nothing means all we can do is trust that the Board have done everything they say they have. It's not helpful, though.

Must be the time of the month

haha, I meant why do you think they would leave it until the last minute but that's a fair answer too.

This is not the first item the board have said requirements were met. Going by what the board are telling us, the FL keep on moving the goalposts.

Probably because they couldn't raise the funds until now. I hate to think who's lending us this money and how much it's going to cost us in the long run. Either that or the 1.2m means there's no funds available for transfers.

Wonga.com

It's low-risk by our standards.

O own up, who stole my posts?

http://thetownend.com/index.php?topic=51137.msg1179760;topicseen#new

Fair enough

http://www.facebook.com/SwindonTownFootballClub/posts/559431630763353

Fucking called it

Ha, I did think of you when I saw that.

Thank fook for that.  Some positive news at last.

...and let us never speak of this again...




...until the next one is placed on Town.

All this pissing about has cost us the Messi loan and promotion.

Dave knew. Dave fucking knew