Thetownend.com

Power open to new investor at County Ground
           
           


  A NEW investor could yet come in alongside Swindon Town chairman Lee Power after he finally saw off Jed McCrory’s attempts to regain power in the High Court today.

           

http://www.thisisswindontownfc.co.uk/news/headlines/11312495.Power_open_to_new_investor_at_County_Ground/?ref=rss
           
           
           

So there will be another case with Old Jed in the dock this time.

This case will hardly help him with credibility

Shouldn't harm his political aspirations though

'McCrory, who did not attend the Rolls Building hearing this morning, still has an option which permits him to buy back 39 per cent of the shares in Seebeck for a nominal fee, if he wishes.'

Hmmm, this is a little bit worrying, wonder how long this option lasts as taking note of Jed's previous actions I would be very concerned that he would seek to exercise this if Power makes a success of things and Jed's seems a value to the club!

Alternatively transfer the club away from Seebeck ASAP!

I shouldn't worry to much wrt the 40% option regardless of how much it costs Jed. As power has a controlling interest and the final say on matters all he has to do us invite other investors in and issue more shares to cover their investment. Jed will have the option to also invest.....assuming he has the funds to do so. If not then his shareholding gets even more diluted making him even more impotent than he currently is. He's a creature of habit. When the fuss dies down irrespective of any further court proceedings just disappear into the ether. He had his chance, played a crap hand at the poker table bluffing all the way and is now a busted flush.

Roarrrrrrrrrrr, my arse.

But what I really want to know is about a flush at poker. Is it really such a bad hand to stick with? What are the percentages of winning when you go with it? In the hierarchy of more powerful sets of cards, how does it rate? Can a poker whizz illuminate me please?

I can't play poker so no idea, it's just a phrase as far as I'm concerned.

A flush would be pretty damn good. A busted one, not so much, as it's one card short of what you want. The phrase should mean something that promises a lot and delivers nothing. Suits Jed really.