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25% => The Boardroom => Topic started by: Panda Paws on Thursday, May 20, 2021, 08:46:09



Title: #NoMoneyNoPower
Post by: Panda Paws on Thursday, May 20, 2021, 08:46:09
Today TrustSTFC launched a new campaign calling on fans to not put a penny more into the club while it’s under the current ownership. No season tickets. No match tickets. No hospitality. No sponsors. No merch.

We have seen this work for other clubs, namely Blackpool, and feel it's the most powerful way to expedite a deal.

There will be significantly more press and social activity on this in the coming days, but details here. https://www.swindonadvertiser.co.uk/sport/19314756.trust-matters-can-make-voice-heard/

As the new season rolls around, we will be looking at things like away games, alternative merch etc but for now the message is clear. Not a penny more.

#nomoneynopower



Title: Re: #NoMoneyNoPower
Post by: Batch on Thursday, May 20, 2021, 08:53:48
Oooh. Such a difficult call this.

I went through the conflict internally and decided STs were not being renewed anyway. Much easier as eldest is trying to get a weekend job, and youngest isn't into it as much.

However those that still go to games should not be shamed/ostracised or whatever. Hopefully the comms will make this point, I'm sure they will.


Title: Re: #NoMoneyNoPower
Post by: JBZ on Thursday, May 20, 2021, 08:57:52
Presumably, the trust is confident that this does not mean #nomoneynoclub?


Title: Re: #NoMoneyNoPower
Post by: Batch on Thursday, May 20, 2021, 08:59:16
Presumably, the trust is confident that this does not mean #nomoneynoclub?

Another consideration that needs to be communicated


Title: Re: #NoMoneyNoPower
Post by: Nemo on Thursday, May 20, 2021, 09:11:00
Presumably, the trust is confident that this does not mean #nomoneynoclub?

The club legally isn't allowed to enter administration as things stand at the moment, right? Though god knows how that stands up if the income disappears.

That said, it's had near-zero income from fans for the last 12 months and was described as 'hopelessly insolvent' when the ruling was made.

I guess the 'optimistic' scenario is that Power is made to cover any shortfall under "funding the club himself until September" as per the court case.


Title: Re: #NoMoneyNoPower
Post by: 4D on Thursday, May 20, 2021, 09:14:47
Made me think of the Public Enemy song  :)

Some Isley Brothers instead  ;)

https://youtu.be/8QZvoOqUkqw


Title: Re: #NoMoneyNoPower
Post by: Frigby Daser on Thursday, May 20, 2021, 09:22:11
This will split opinion, but I don’t trust Power with season ticket revenue, or new shirt sales, so I’m tentatively in favour. Desperate times, desperate measures.

The risk is this actually removes fan goodwill towards the Trust. I can certainly be used as a stick to beat the Trust with, and for Power to blame the Trust (wrongly) if ever the club did go to the wall. 


Title: Re: #NoMoneyNoPower
Post by: Tails on Thursday, May 20, 2021, 09:32:19
I think a lot of fans on social media had decided this would be the case anyway, my only problem is shouting down those that don't want to to do this. Only thing that does is create divides when we need more unity.


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Thursday, May 20, 2021, 09:32:54
I am also in favour.  I am not prepared to spend another penny at a club that chooses to ignore its supporters


Title: Re: #NoMoneyNoPower
Post by: Crispy on Thursday, May 20, 2021, 09:35:25
I am not convinced by this whatsoever.

Bar a few small transfers fees, is there really any money left for Power to take?

Surely staving the club of cash would mean there was even less money to be spent on the playing staff, which may push the club closer towards non-league.

Would it not be best to wait and see who Power appoints as manager and whether they are given any money to spend?

My two pence are that financially staving the club looks like a final role of the dice, and it is too soon to go this way. I am of the view that it is best to continue support the club as normal until the ownership matter is settled later in the year or until it becomes clear that the club is not fielding a side capable of staying in the football league.



We've just done that for 46 League 1 games.


Title: Re: #NoMoneyNoPower
Post by: JBZ on Thursday, May 20, 2021, 09:36:02
I would be interested to understand the cost benefit type analysis undertaken by the trust before pushing out this message.  Presumably, this is available?


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Thursday, May 20, 2021, 09:42:06
ugh. Merch.  :badmood:


Title: Re: #NoMoneyNoPower
Post by: Private Fraser on Thursday, May 20, 2021, 09:44:03
There will be some who will still want to go and hand over their money and support their team and that's fair enough.

I have been going every season since 1962/63 but had already pretty much decided that it will be away games only for me until we have new ownership.


Title: Re: #NoMoneyNoPower
Post by: Quagmire on Thursday, May 20, 2021, 10:02:51
This is all well and good until Hummel are announced as our kit supplier, then I’d be buying one!


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 20, 2021, 10:06:00
Thing is what is there for the average fan to actually boycott for the foreseeable, ST's have not been announced so no chance for anyone to buy anyway, likewise the only merchandise to buy is last seasons which is being flogged off cheap.


Title: Re: #NoMoneyNoPower
Post by: ThreeDrawsMentality on Thursday, May 20, 2021, 10:14:51
Have a feeling the Trust previously advised that if a season ticket is purchased on a credit card, the club won't get the full amount up front, but instead trickled in monthly installments over a year. So a possible option for those who want to attend still, but don't want to give Power funds up front.


Title: Re: #NoMoneyNoPower
Post by: Legends-Lounge on Thursday, May 20, 2021, 10:46:56
Presumably, the trust is confident that this does not mean #nomoneynoclub?

Don’t be absurd. Lee Power is going to fund it himself is he not?


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Thursday, May 20, 2021, 10:52:18
The judge in court on Monday said that under no circumstances would he allow the club to be put into Administration or liquididated as there were 2 bids in place. Even if he had to step in and force the issue when the court meet in a month and make Power accept one of the bids.

The statement about #noclub is deliberately inflamatory and without any substance whatsoever.


Title: Re: #NoMoneyNoPower
Post by: JoeMezz on Thursday, May 20, 2021, 10:57:18
Good from the Trust. Power has to fund the club, as others have alluded to, or sell without a risk of admin due to judges orders. The club would be financially tied anyway to the EFL loan, so can’t imagine this having a huge influence on the playing budget for next season.


Title: Re: #NoMoneyNoPower
Post by: JBZ on Thursday, May 20, 2021, 11:20:48

The statement about #noclub is deliberately inflamatory and without any substance whatsoever.

 :girlgiggle: love it.  I merely asked the question.


Title: Re: #NoMoneyNoPower
Post by: cdakev on Thursday, May 20, 2021, 11:25:15
The judge in court on Monday said that under no circumstances would he allow the club to be put into Administration or liquididated as there were 2 bids in place. Even if he had to step in and force the issue when the court meet in a month and make Power accept one of the bids.

The statement about #noclub is deliberately inflamatory and without any substance whatsoever.

If there are two bids on the table now why can't the judge force a sale through now. The sooner the better, then the new owners can appoint their own man and start building a squad for next season. Dragging it on doesn't help anyone.


Title: Re: #NoMoneyNoPower
Post by: Batch on Thursday, May 20, 2021, 11:28:09
[quote="cdakev]If there are two bids on the table now why can't the judge force a sale through now. The sooner the better, then the new owners can appoint their own man and start building a squad for next season. Dragging it on doesn't help anyone.[/quote]

I'm sure JB will have a better understanding.

But the judge said he was confident that the debts outstanding aren't going to cause the club to fold before the next check-in (likely June 15th).


I assume that means his power to force a sale is limited.


Title: Re: #NoMoneyNoPower
Post by: stfcjack on Thursday, May 20, 2021, 11:28:56
Have been a season ticket holder since the age of 8. Going to the football on a Saturday with family and friends is the highlight of my week however, I agree with the trust and I will not be spending another penny with Power as the owner. We need Power out banners hung up all round the town


Title: Re: #NoMoneyNoPower
Post by: JBZ on Thursday, May 20, 2021, 11:33:45
If there are two bids on the table now why can't the judge force a sale through now. The sooner the better, then the new owners can appoint their own man and start building a squad for next season. Dragging it on doesn't help anyone.

I think the difficulty is that that everyone has seen/heard snippets of what is going on - via the couple of reported decisions, the papers, the trust and earwigging a couple of remote court hearings.

I can't say that I know everything that is going on and a summary from Cowley or anyone else in the know may assist.

I assume that Standing's claim has to be dealt with/determined first. 


Title: Re: #NoMoneyNoPower
Post by: theakston2k on Thursday, May 20, 2021, 11:37:14
I think I'll get on board with this, it'll end 25 years as a continuous season ticket holder but I think needs must now and it's time to call Power's bluff.  If he still reckons he can fund it himself then he can stump up and his belligerence will start costing him money....


Title: Re: #NoMoneyNoPower
Post by: Power to people on Thursday, May 20, 2021, 11:38:25
Its an awkward one and surely the Trust needs to communicate with its members and decide if that is the way the membership wishes to go (more than likely it would be), there must be others things that can be done as well, like if paid last season ST on credit card apply for charge back etc, it all helps to excerpt pressure.

I see the point of not putting any more money into the club so it does not end up in LP's pocket, and agree something needs to be done by fans to try and force the situation.

Surely before (if) ST's are announced something has to be done about last season's ST's some sort of refund has to be offered (this was even suggested by judge in previous hearing about how much money was needed to keep the club going and this was taken into account) and I'm sure most if not all will want the refund, so surely that has to be dealt with, and if there is no money then they cant announce new ST's...unless at a vastly reduced price to get round it.

There will be those that want to support the players on the pitch, especially the older generation and there needs to be a way for them to do that without being called scabs etc and facing hostility before they go in.

They are already being called scabs by some on the great fb group (probably lead by their great leader the Cheltenham fan), there has to be some middle ground for them.



Title: Re: #NoMoneyNoPower
Post by: That Nestor Lorenzo Heade on Thursday, May 20, 2021, 11:47:34
Still think the Trust should set up a crowd funder to invite fans to make financial donations outside of the club to create a fighting fund / hardship fund in case its needed.  Money talks, and if nothing else it would create a good media story to draw more national attention to our plight.  And if the best happens and the club transitions to benevolent (and wealthy) new owners then I'm sure there are many great community initiatives the money could be used for.


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Thursday, May 20, 2021, 11:48:39
As others have mentioned, whilst the Trust take this stance, which is their right and many fans will get on board I really hope it does not polarise the fanbase. There are people that go and watch the football, support the team and will want to continue to do so ignoring the off the field politics. These fans must not be castigated, it is a free country and if they choose to go and watch STFC then that is their right.


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 20, 2021, 11:49:28
I'm sure JB will have a better understanding.

But the judge said he was confident that the debts outstanding aren't going to cause the club to fold before the next check-in (likely June 15th).


I assume that means his power to force a sale is limited.

Bluntly he will have to have a reason to force a sale i.e. impending business failure without. Whilst it would be of sporting benefit to the club to get it sorted before mid June that's not a material consideration in what is a purely commercial dispute/case.


Title: Re: #NoMoneyNoPower
Post by: Batch on Thursday, May 20, 2021, 11:53:20
Quote from: horlock07
Quote
I'm sure JB will have a better understanding.

But the judge said he was confident that the debts outstanding aren't going to cause the club to fold before the next check-in (likely June 15th).


I assume that means his power to force a sale is limited.
Bluntly he will have to have a reason to force a sale i.e. impending business failure without. Whilst it would be of sporting benefit to the club to get it sorted before mid June that's not a material consideration in what is a purely commercial dispute/case.


you put that a lot better than i did


Title: Re: #NoMoneyNoPower
Post by: Matchworn Shirts on Thursday, May 20, 2021, 11:53:51
They are already being called scabs by some on the great fb group (probably lead by their great leader the Cheltenham fan), there has to be some middle ground for them.


Therein lies a problem, I wonder how many of the "I'm not going again until Power goes" posters on there actually go to a significant number of games in any case. Given how fickle they appear to be by some of the comments , I'd guess not too many.


Title: Re: #NoMoneyNoPower
Post by: That Nestor Lorenzo Heade on Thursday, May 20, 2021, 12:01:39
As others have mentioned, whilst the Trust take this stance, which is their right and many fans will get on board I really hope it does not polarise the fanbase. There are people that go and watch the football, support the team and will want to continue to do so ignoring the off the field politics. These fans must not be castigated, it is a free country and if they choose to go and watch STFC then that is their right.

I agree with this, and think the #fanpowernotleepower campaign contradicts the "we are owner agnostic" message.  If LP remains as owner and chairman then the ground shared ownership plan is dead.  I still hope/expect Clem to take the reins eventually though, in which case it won't matter, but this situation is about as complicated as it gets and who knows what might happen next.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Thursday, May 20, 2021, 12:04:19
Bluntly he will have to have a reason to force a sale i.e. impending business failure without. Whilst it would be of sporting benefit to the club to get it sorted before mid June that's not a material consideration in what is a purely commercial dispute/case.
The judge is aware of the football club needing to sort things out soon which is why he brought the hearing forward to a months time using a perishable assets provision.


Title: Re: #NoMoneyNoPower
Post by: Leggett on Thursday, May 20, 2021, 12:05:08
I agree with this, and think the #fanpowernotleepower campaign contradicts the "we are owner agnostic" message.  If LP remains as owner and chairman then the ground shared ownership plan is dead.  I still hope/expect Clem to take the reins eventually though, in which case it won't matter, but this situation is about as complicated as it gets and who knows what might happen next.

LP has already cut lines to the Trust, the stadium deal was dead in the water long before this...


Title: Re: #NoMoneyNoPower
Post by: AldbourneRed on Thursday, May 20, 2021, 12:07:49
I can see the club trying to push this year's ST holders towards a discount on renewal rather than a full or partial refund.  Pure speculation on my part, but if they do then that might make the decision more complex for some.

Doesn't prevent fans from exercising their consumer rights of course, but many might prefer a simpler route than a chargeback or other action.


Title: Re: #NoMoneyNoPower
Post by: theakston2k on Thursday, May 20, 2021, 12:17:32
I can see the club trying to push this year's ST holders towards a discount on renewal rather than a full or partial refund.  Pure speculation on my part, but if they do then that might make the decision more complex for some.

Doesn't prevent fans from exercising their consumer rights of course, but many might prefer a simpler route than a chargeback or other action.
I can see them trying to roll over the season tickets to this season and then counting everyone as attending even if not at matches to try and make out a boycott doesn't reflect the majority of fans opinions. It'll be funny to see a 4 or 5k attendances reported with only a fifth of that actually at the match.
The catering contract has been severed as well hasn't it so even food and drink purchases in the ground would now risk going into his pocket.


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Thursday, May 20, 2021, 12:17:54
I can see the club trying to push this year's ST holders towards a discount on renewal rather than a full or partial refund.  Pure speculation on my part, but if they do then that might make the decision more complex for some.

Doesn't prevent fans from exercising their consumer rights of course, but many might prefer a simpler route than a chargeback or other action.

I assume that the Trust statement has been made as the club must be preparing to announce Season Ticket details.


Title: Re: #NoMoneyNoPower
Post by: TheDukeOfBanbury on Thursday, May 20, 2021, 12:27:57
Already made my mind up weeks ago.
Not renewing season tickets or Corporate events until the parasite is no longer part of the club.

If that means National League then I have already resigned to accepting it.
However there is a viable alternative that I still believe will be successful in taking over the club.

So glad the Trust have raised the bar.
Any protests I will support.


Title: Re: #NoMoneyNoPower
Post by: Moss on Thursday, May 20, 2021, 12:28:46
Still think the Trust should set up a crowd funder to invite fans to make financial donations outside of the club to create a fighting fund / hardship fund in case its needed.  Money talks, and if nothing else it would create a good media story to draw more national attention to our plight.  And if the best happens and the club transitions to benevolent (and wealthy) new owners then I'm sure there are many great community initiatives the money could be used for.

I think this is a really good idea. People still want to buy into the STFC brand, and this would demonstrate that.

Put your season ticket money in here, and get it back when a new owner is on board.


Title: #NoMoneyNoPower
Post by: Batch on Thursday, May 20, 2021, 12:29:13
Quote
I can see them trying to roll over the season tickets to this season.
I can't, simply because the club can't afford another year of no revenue - power or not. Not unless I've missed something meaning they are legally on dodgy ground.

But I'm not even sure they are going to put ST on sale given the likely backlash.

Given we don't know the attendance limits will be,  I wonder if they are going to do a match day draw again. Short term maximising of match day revenue...

Good knows what they will do with last season's ST though


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 20, 2021, 12:31:05
The judge is aware of the football club needing to sort things out soon which is why he brought the hearing forward to a months time using a perishable assets provision.

I know, but there is a bloody big difference between tightening a schedule and making a judgement which would be open to challenge if not legally watertight and reasonable for all parties.

In support of this I will not be renewing my season ticket!


Title: Re: #NoMoneyNoPower
Post by: Posh Red on Thursday, May 20, 2021, 12:39:55
I had pretty much decided already that I wouldn’t pay for a new ST if I was asked to pay again.

The difficult question would be if the club said you could carry forward your ST with a nominal admin fee, people might be convinced to carry on.

Not likely for Power I realise, but may persuade a few


Title: Re: #NoMoneyNoPower
Post by: theakston2k on Thursday, May 20, 2021, 12:40:31
I can't, simply because the club can't afford another year of no revenue - power or not. Not unless I've missed something meaning they are legally on dodgy ground.

Don't underestimate Power's ego or some kind of propaganda war... I can just hear him on Radio Swindon now going "Well Shaaaaaun, we've had 5000 at our home games so those awful Trust members don't represent the views of the majority of fans"


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Thursday, May 20, 2021, 12:50:03
Wonder if he’d dare do another fans phone-in!


Title: Re: #NoMoneyNoPower
Post by: JoeMezz on Thursday, May 20, 2021, 12:51:46
Therein lies a problem, I wonder how many of the "I'm not going again until Power goes" posters on there actually go to a significant number of games in any case. Given how fickle they appear to be by some of the comments , I'd guess not too many.


Wouldn’t say that’s true in this case - I’ve been going for 17 years and old man being going for over 40 years. Both won’t be renewing season tickets with Power in charge


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 20, 2021, 12:58:24
Wonder if he’d dare do another fans phone-in!

I wouldn't be surprised if we never heard from him again. Too many burnt bridges and too much danger of a Five Star moment with any phone in.


Title: Re: #NoMoneyNoPower
Post by: Moss on Thursday, May 20, 2021, 13:15:43
I wouldn't be surprised if we never heard from him again. Too many burnt bridges and too much danger of a Five Star moment with any phone in.

Matt Bianco?


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 20, 2021, 13:21:22
Matt Bianco?

I still think Eliot Fletcher had more panache with his delivery...  ;)


Title: Re: #NoMoneyNoPower
Post by: RedRag on Thursday, May 20, 2021, 13:26:24
Whilst there is no way of ascertaining whether the Trust's proposed boycott is the best course, I ask myself is there anyone as well or better informed that the Trust?   Whom I can also trust personally?

ITK-ers, Power, Clem, Public records?

Who is the worst of them?  Power!

Giving some momentum to the Trust's recommended course of action therefore makes a great deal of sense to me.

It can be reviewed by the Trust and also, individually, by every fan choosing to follow the Trust's lead - as more evidence emerges.

I would urge every fan to follow the Trust's lead on this - whilst entirely respecting that there will be fans with differing assessments, outlooks or circumstances.  So boycott or not, we all need to stand together even if we act differently.



Title: Re: #NoMoneyNoPower
Post by: RobertT on Thursday, May 20, 2021, 13:31:25
Given there are at least one and maybe two real bids for the club on the table, it seems very likely that Admin should be avoided, especially with an injunction in place to prevent that anyway.  As we used EFL funds to pay the players, you'd also imagine that we should avoid getting into trouble with HMRC who are probably the only potential creditor who could throw any spanner into those works.

None of that sheds any light on whether either bid is any good for the club in the long run, but it provides a degree of assurance that an outcome will be reached if strangling the clubs already limited income pressed the issue.

Blackpool's prior example also should give some comfort - they technically entered Admin and avoided a penalty for doing so because of very similar reasons (although slightly more obviously dodgy at the time).

I don't really chuck much the clubs way these days, but my iFollow subscription won't be renewed.


Title: Re: #NoMoneyNoPower
Post by: Nemo on Thursday, May 20, 2021, 13:36:04
iFollow auto-renews and is an absolute shit to cancel, from memory. Something to put on the to do list.

Edit: https://ifollow.zendesk.com/hc/en-us/articles/360002147717-How-do-I-unsubscribe- Only cancellable by email, can't do it on the app or online. Obviously you can sign up through both those pathways. Bloody hate companies that do this.


Title: Re: #NoMoneyNoPower
Post by: Moss on Thursday, May 20, 2021, 13:50:39
I still think Eliot Fletcher had more panache with his delivery...  ;)

That had completely passed me by - thanks google/you tube  :D


Title: Re: #NoMoneyNoPower
Post by: RobertT on Thursday, May 20, 2021, 13:54:11
iFollow auto-renews and is an absolute shit to cancel, from memory. Something to put on the to do list.

Edit: https://ifollow.zendesk.com/hc/en-us/articles/360002147717-How-do-I-unsubscribe- Only cancellable by email, can't do it on the app or online. Obviously you can sign up through both those pathways. Bloody hate companies that do this.

e-mail sent


Title: Re: #NoMoneyNoPower
Post by: Ticker45 on Thursday, May 20, 2021, 14:35:34

There will be those that want to support the players on the pitch, especially the older generation and there needs to be a way for them to do that without being called scabs etc and facing hostility before they go in.


This.


........you'd also imagine that we should avoid getting into trouble with HMRC who are probably the only potential creditor who could throw any spanner into those works.


Not so much worried about the creditor side of HMRC but they surely must be more interested in the amounts of money involved by the various parties on LP's side of this fiasco and where it currently sits. Unfortunately we have a little bit of previous in this regard.


Title: Re: #NoMoneyNoPower
Post by: Berniman on Thursday, May 20, 2021, 14:36:32
e-mail sent

Yep me too


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Thursday, May 20, 2021, 14:38:31
I just emailed ifollow as well. I already got an email back confirming cancellation (in less than  30 mins)


Title: Re: #NoMoneyNoPower
Post by: Berniman on Thursday, May 20, 2021, 14:45:57
I just emailed ifollow as well. I already got an email back confirming cancellation (in less than  30 mins)

Yep me too :D - they must be questioning what the hell is happening today to get all of these cancellations from Swindon fans all of a sudden

Shame they can't be as on the ball on matchday when there are issues with the streams


Title: Re: #NoMoneyNoPower
Post by: Wobbly Bob on Thursday, May 20, 2021, 14:51:08
A difficult one for me on whether to renew ST.
Hopefully a clearer picture after the next court hearing.

I wonder what Reg would have advocated.  :hmmm:

Would be inclined not to renew and then making even more of a day it on the road and some packed away ends.
 :beers:


Title: Re: #NoMoneyNoPower
Post by: Costanza on Thursday, May 20, 2021, 15:01:41
We are all to varying degrees anti-Power but clearly have differing opinions on how to approach the next step. The reaction has been inevitable.

I'll be interested to see what happens if/when Able emerge from the shadows with a spokesperson and a plan.

Seems like a daft concept at the moment could divide the fanbase as many people just want to watch football.

Although ridiculously late, they have to go public eventually.


Title: Re: #NoMoneyNoPower
Post by: Nemo on Thursday, May 20, 2021, 15:03:26
Yep me too :D - they must be questioning what the hell is happening today to get all of these cancellations from Swindon fans all of a sudden

Shame they can't be as on the ball on matchday when there are issues with the streams

Yep, to be fair they responded almost immediately. I included the reason for my cancellation in the email, just in case they keep metrics on that sort of thing.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Thursday, May 20, 2021, 15:12:09
I just unsubscribed as well. And stated the reason for doing so.


Title: Re: #NoMoneyNoPower
Post by: Legends-Lounge on Thursday, May 20, 2021, 15:22:02
I had pretty much decided already that I wouldn’t pay for a new ST if I was asked to pay again.

The difficult question would be if the club said you could carry forward your ST with a nominal admin fee, people might be convinced to carry on.

Not likely for Power I realise, but may persuade a few

We talking about the man who insisted those who had paid to see The Town v The gas a few years ago pay again for the rearranged game.


Title: Re: #NoMoneyNoPower
Post by: swindonmaniac on Thursday, May 20, 2021, 15:34:02
We talking about the man who insisted those who had paid to see The Town v The gas a few years ago pay again for the rearranged game.
Didn't pay then and won't be paying now !!.


Title: Re: #NoMoneyNoPower
Post by: stfcjack on Thursday, May 20, 2021, 16:03:46
I’m 100% behind the trust, they’ve done some fantastic work over the last couple of months and have given the fans a voice in this whole debacle. They genuinely do have the club and community’s best interest at heart so therefore I will be prepared to follow whichever direction they feel is best.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Thursday, May 20, 2021, 19:12:58
A grassy knoll would sort it out quicker.


Title: Re: #NoMoneyNoPower
Post by: singingiiiffy on Thursday, May 20, 2021, 19:40:01
I don't see why it could possibly be a bad thing. the season starts Aug 14th. that's 86 days to get this club sorted.

this is the exact type of campaign that power will sit up and notice and begin to worry. if he wants to hang onto this club then he must realise he will not have the financial support from the fan base.

people saying power is playing a game of chess with the courts. Well check mate from the fans, now fuck off.

This type of campaign is as good as any in person protest


Title: Re: #NoMoneyNoPower
Post by: Nemo on Thursday, May 20, 2021, 19:42:47
I think this was the wrong play by the Trust because, judging by people's responses so far, it risks dividing the fanbase. It's also by definition a destructive rather than constructive act.  There are strong opinions on both sides and a debate whether to support or oppose "starving the club" of money is possibly an unhelpful distraction at a time when the fanbase needs to be united in the face of a common enemy.

Understand what you mean but the risk here is that we assume that sitting on the fence is a 'neutral' position that wouldn't divide fans. If the Trust said 'keep supporting the club come what may' they'd get pelters, if they said 'each fan should make up their own mind' they'd get accused of not representing and leading, which is kinda what they're for.

Perhaps I would have liked to see a bit of surveying the membership first but I'm not going to kick off about it. I think the Trust at its best should be muscular and opinionated - blind(ish) loyalty is kinda what the Supporter's Club is for.

Ultimately I don't agree with every part of the Trust's plan (although I'm broadly in favour) but I'll support it because everyone pulling in different directions doesn't help either. Totally understand people who have more to lose, who are long term season ticket holders might feel differently and that's fine.

But yeah, football fanbases get divided by just about anything. There was even that one guy on here who thought we shouldn't sac Sheridan..


Title: Re: #NoMoneyNoPower
Post by: Legends-Lounge on Thursday, May 20, 2021, 20:15:54
Understand what you mean but the risk here is that we assume that sitting on the fence is a 'neutral' position that wouldn't divide fans. If the Trust said 'keep supporting the club come what may' they'd get pelters, if they said 'each fan should make up their own mind' they'd get accused of not representing and leading, which is kinda what they're for.

Perhaps I would have liked to see a bit of surveying the membership first but I'm not going to kick off about it. I think the Trust at its best should be muscular and opinionated - blind(ish) loyalty is kinda what the Supporter's Club is for.

Ultimately I don't agree with every part of the Trust's plan (although I'm broadly in favour) but I'll support it because everyone pulling in different directions doesn't help either. Totally understand people who have more to lose, who are long term season ticket holders might feel differently and that's fine.

But yeah, football fanbases get divided by just about anything. There was even that one guy on here who thought we shouldn't sac Sheridan..

After all that’s been said both in your post and others, I have to assume the trust have their reasons and if they have published them and I’ve missed them, well shit happens.


Title: Re: #NoMoneyNoPower
Post by: mexico red on Thursday, May 20, 2021, 20:59:55
Unsubscribed and stated I would buy one again if Lee power leaves the club


Title: Re: #NoMoneyNoPower
Post by: Ardiles on Thursday, May 20, 2021, 21:08:32
I think this was the wrong play by the Trust because, judging by people's responses so far, it risks dividing the fanbase. It's also by definition a destructive rather than constructive act.  There are strong opinions on both sides and a debate whether to support or oppose "starving the club" of money is possibly an unhelpful distraction at a time when the fanbase needs to be united in the face of a common enemy.

It's a valid point.  There was no consultation.  Turning it around, I think I can see why they took this stance.  If they had put this out to consultation across the fanbase, you could guarantee the fanbase would be split.  So then what?  Does the Trust sit on its hands because there is no obvious consensus?

Simply put, this is the Trust leadership putting out their personal strategy.  If you disagree, unsubscribe.  If not, get behind it.  They can't be all things to all men/fans.  No time for fence sitting.  They get my vote...and my continued cash support.


Title: Re: #NoMoneyNoPower
Post by: Costanza on Thursday, May 20, 2021, 21:14:11
Too many cooks and all that.

You will not please everyone during these endeavours.

Just got to please enough.


Title: Re: #NoMoneyNoPower
Post by: RWB Robin on Thursday, May 20, 2021, 22:39:43
Don't forget that the Trust have sat very close to Power over the ground etc, so must have insights into how he operates, much more so than most of us. I doubt they would have advocated this action unless they were convinced it was necessary.


Title: Re: #NoMoneyNoPower
Post by: flammableBen on Friday, May 21, 2021, 00:44:30
An even better protest would be to give all the money you would spend to me. #nopowerallben




Title: Re: #NoMoneyNoPower
Post by: reeves4england on Friday, May 21, 2021, 07:21:38
Think this is the right course of action from the Trust. Many of you are saying this will divide the fan base and obviously there will be people who disagree, but from what I've seen there is fairly broad support across social media. Anecdotally I'd say 80% in favour but that could just be my echo chamber...

The only reason Blackpool got their club back was because they starved it of cash and left the Oystons in a mess when the courts came calling. Our situation isn't exactly the same but it seems the right course of action to pressure LP out of the club.

As for risking the future of the club, the Trust are only a small and unrepresentative group so I'm sure this campaign will have no impact anyway...(!)


Title: Re: #NoMoneyNoPower
Post by: bathford on Friday, May 21, 2021, 09:25:58
Morning all!

I still have approx £180.00 held by the club as a credit for unused Exec Lounge tickets.

I’ve been told that this credit was used by the club as a credit when submitting figures to the FA.

My money will there be held by the club for the 21/22 season.

Can they do this?

Cheers


Title: Re: #NoMoneyNoPower
Post by: skiptotheLouMacari on Friday, May 21, 2021, 09:50:39
Morning all!

I still have approx £180.00 held by the club as a credit for unused Exec Lounge tickets.

I’ve been told that this credit was used by the club as a credit when submitting figures to the FA.

My money will there be held by the club for the 21/22 season.

Can they do this?

Cheers


I bought tickets for the Walsall game just prior to lockdown, in total I have 5 tickets, 2 adult 3 kids. I was told I wasn't entitled to have it back but could leave it as a credit for tickets this season.
So will they honour that? I very much doubt it.


Title: Re: #NoMoneyNoPower
Post by: bathford on Friday, May 21, 2021, 10:55:21
Can I take them to the small claims court?

I know not much, but it’s the principle.

Plus it may help to erode their credit rating.


Title: Re: #NoMoneyNoPower
Post by: Batch on Friday, May 21, 2021, 11:13:22
Quote from: skiptotheLouMacari
I bought tickets for the Walsall game just prior to lockdown, in total I have 5 tickets, 2 adult 3 kids. I was told I wasn't entitled to have it back but could leave it as a credit for tickets this season.
So will they honour that? I very much doubt it.

Did you miss the window for the refund in Walsall tickets then?  I'm sure there was one .


Title: Re: #NoMoneyNoPower
Post by: skiptotheLouMacari on Friday, May 21, 2021, 13:04:19
Did you miss the window for the refund in Walsall tickets then?  I'm sure there was one .

No I think i got an email giving me 2 options.
First being donate to the club as there will be financial difficulties for the foreseeable future without fan attendance or contributions
Second keep it on account and use it towards a game next season, but that never happened and my account is and never has been in credit.
I could be totally wrong, have been before so.


Title: Re: #NoMoneyNoPower
Post by: RobertT on Friday, May 21, 2021, 13:23:00
In the instances described, I would politely remind the club of their obligation to have provided the described service for the monies rendered and that a refund has been requested.  If they do not provide said refund, you'll have no option but to take matters to the Courts ot obtain your money.  I'd suggest you have a very valid claim regardless of the Power stuff, especially given they have taken out loans to underpin their expenses.  I'd be surprised if they refused the refund, I'd be more surprised if they bothered to contest it in court.


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Friday, May 21, 2021, 13:25:31
In the instances described, I would politely remind the club of their obligation to have provided the described service for the monies rendered and that a refund has been requested.  If they do not provide said refund, you'll have no option but to take matters to the Courts ot obtain your money.  I'd suggest you have a very valid claim regardless of the Power stuff, especially given they have taken out loans to underpin their expenses.  I'd be surprised if they refused the refund, I'd be more surprised if they bothered to contest it in court.

Also some opportunities for going to the Advertiser and getting some folded arms fumin photos outside the County Ground.  ;)


Title: Re: #NoMoneyNoPower
Post by: RobertT on Friday, May 21, 2021, 13:28:05
Just pop it on Facebook, the Adver will convert it to an article anyway.


Title: Re: #NoMoneyNoPower
Post by: skiptotheLouMacari on Friday, May 21, 2021, 13:35:40
Just pop it on Facebook, the Adver will convert it to an article anyway.

 :clap: :Ride On Fatbury's Lovestick:
Not on faceache, but with what you all say about them it wouldn't surprise me.


Title: Re: #NoMoneyNoPower
Post by: Moss on Friday, May 21, 2021, 14:32:22
I don't see why it could possibly be a bad thing. the season starts Aug 14th. that's 86 days to get this club sorted.

this is the exact type of campaign that power will sit up and notice and begin to worry. if he wants to hang onto this club then he must realise he will not have the financial support from the fan base.

people saying power is playing a game of chess with the courts. Well check mate from the fans, now fuck off.

This type of campaign is as good as any in person protest
[/quote

I think we need to raise the clubs difficulties in the national media. We need somebody to champion the cause. Has anyone got Kerry Mucklowes number?



Title: Re: #NoMoneyNoPower
Post by: digby on Saturday, May 22, 2021, 00:58:00
I've just completed the questionnaire sent out by the Trust. I understand their #NoMoneyNoPower stance, but I do feel they've jumped on the Morfuni bandwagon !

I particularly have a problem with their second question - I am a current season ticket holder, and I do want Power to leave the club asap, BUT I don't necessarily want to say I'd only back Morfuni - I feel there may be other prospective owners so there should have been another option on the question.

I fully support the Trust's #NoMoneyNoPower stance, but I don't agree with their obsession and unwavering support for Morfuni, without exploring all other options. There may be other interested and more suitable investors out there - why don't the Trust shout 'club for sale' and raise the profile to attract extra attention from would-be investors ?


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Saturday, May 22, 2021, 07:04:10
Brilliant pricing structure from Bradford City again



Title: Re: #NoMoneyNoPower
Post by: Quagmire on Saturday, May 22, 2021, 07:09:42
https://truststfc.tv/updated-faqs/

Updated FAQ’s for anyone that hasn’t seen it.


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Saturday, May 22, 2021, 07:10:48
I am fully supportive of the Trust and appreciate all that they are trying to do; giving up their spare time to ensure the future of our club.  I am also in support of the #NoMoneyNoPower stance.  

However the survey sent out hasn't been well thought out and I can't complete it. I have views on the season tickets issue but as I am not a season ticket holder I am excluded from providing a view.  I can't answer the survey question on who I want to own the club.  Aside from saying it shouldn't be Power, I can't say whether it should be Clem, Able (who are absent in name despite having a bid on the table) or anybody else.

 The Clem love-in from a supposedly owner agnostic organisation really doesn't sit well with me. I have a set of values that I would expect any owner to adhere to; principally open and honest communication, engagement with fans and running the club in a way that safeguards it future. A bucket load of cash wouldn't go amiss either. This needs to be demonstrated by actions - while a statement of intent is helpful its as easy to knock up as a letter of offer to buy the club from a US company.


Title: Re: #NoMoneyNoPower
Post by: Quagmire on Saturday, May 22, 2021, 07:13:19
I've just completed the questionnaire sent out by the Trust. I understand their #NoMoneyNoPower stance, but I do feel they've jumped on the Morfuni bandwagon !

I particularly have a problem with their second question - I am a current season ticket holder, and I do want Power to leave the club asap, BUT I don't necessarily want to say I'd only back Morfuni - I feel there may be other prospective owners so there should have been another option on the question.

I fully support the Trust's #NoMoneyNoPower stance, but I don't agree with their obsession and unwavering support for Morfuni, without exploring all other options. There may be other interested and more suitable investors out there - why don't the Trust shout 'club for sale' and raise the profile to attract extra attention from would-be investors ?

The reason the Trust are backing Clem is quite a simple one.
They put out an open letter asking anyone interested in buying the club to come forward, engage with them, the fans and state what they’re hoping for going forward.
Only one person came forward - Clem.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Saturday, May 22, 2021, 07:16:31
What exactly are Clem’s ‘contracted rights’ in purchasing the remaining 85% of the club?


Title: Re: #NoMoneyNoPower
Post by: TheDukeOfBanbury on Saturday, May 22, 2021, 09:21:18
I've just completed the questionnaire sent out by the Trust. I understand their #NoMoneyNoPower stance, but I do feel they've jumped on the Morfuni bandwagon !

I particularly have a problem with their second question - I am a current season ticket holder, and I do want Power to leave the club asap, BUT I don't necessarily want to say I'd only back Morfuni - I feel there may be other prospective owners so there should have been another option on the question.

I fully support the Trust's #NoMoneyNoPower stance, but I don't agree with their obsession and unwavering support for Morfuni, without exploring all other options. There may be other interested and more suitable investors out there - why don't the Trust shout 'club for sale' and raise the profile to attract extra attention from would-be investors ?

We have run out of time and no other interested parties.
Notwithstanding the club is going through ownership challenges that would put any future owners off.
This needs sorting or we are dead. Unfortunately it’s as black and white as that.


Title: Re: #NoMoneyNoPower
Post by: Costanza on Saturday, May 22, 2021, 10:44:15
RE: Clem's engagement. I think that's overplayed mightily and he could do much more (and I believe he will) but hasn't needed to due to Able's complete silence.

Ultimately, McCrory and co shook peoples hands in the Legends and BEST Holdings were in the crowd with their ties on. Slightly different cases perhaps but visibility doesn't always equate to good intentions or success.

Everybody wants Power gone and Morfuni is, in my opinion, currently the preferred option by some stretch but there are a few inconvenient truths out there which are being ignored/not addressed/not asked.

The Trust are doing what needs to be done and it's good to see but it doesn't make it wrong to ask questions and, in my opinion, there are some fans who are beginning to feel that they are being alienated, dismissed 'thick'/not 'getting it' or pro-Power for not drinking the Morfuni CoolAid (yet) and I'm sympathetic to that because we've had boardroom issues for the majority of my 30+ active years of following Swindon.

This shit is scary and we are united as a fanbase... just not fully on the action element just yet.

Roll on when this is all over.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Saturday, May 22, 2021, 10:51:31
All I want is an owner who demonstrates a duty of care towards the club. If he/she/they make bad decisions, fair enough, we all do that. But to set out to drain the maximum possible, whatever the consequences, can eat shit and die.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Saturday, May 22, 2021, 11:06:57
Everybody wants Power gone and Morfuni is, in my opinion, currently the preferred option by some stretch but there are a few inconvenient truths out there which are being ignored/not addressed/not asked.

The Trust are doing what needs to be done and it's good to see but it doesn't make it wrong to ask questions and, in my opinion, there are some fans who are beginning to feel that they are being alienated, dismissed 'thick'/not 'getting it' or pro-Power for not drinking the Morfuni CoolAid (yet) and I'm sympathetic to that because we've had boardroom issues for the majority of my 30+ active years of following Swindon.

This shit is scary and we are united as a fanbase... just not fully on the action element just yet.
Myself and Batch and also Ollie were speaking about this exact thing only a week or so ago, Clem is easily the best current option but some questions need to be asked even about this bid and aren't.

I am pro Clem but there are several important questions that need to be addressed before we can look at this as being totally positive yet. That doesn't mean it isn't but there are always some doubts.


Title: Re: #NoMoneyNoPower
Post by: Batch on Saturday, May 22, 2021, 11:13:49
I think someone on the OSC chat said it for me

This might be out of the frying pan into the frying pan. But unless we get our the first one we'll never know.

I do feel Trust survey was somewhat weighted in terms of impartiality. I also think Able aren't a viable option unless they break cover and talk


Title: Re: #NoMoneyNoPower
Post by: Pookemon on Saturday, May 22, 2021, 11:23:23
I also think Able aren't a viable option unless they break cover and talk

LP was even given the opportunity in court to give a positive case as to why Able were his preferred bidder and he didn't do that, he just said that it was because he didn't like Clem.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Saturday, May 22, 2021, 11:27:28
LP was even given the opportunity in court to give a positive case as to why Able were his preferred bidder and he didn't do that, he just said that it was because he didn't like Clem.

LP said they were his preferred bidder because the value of their bid was in excess of Axis bid because they encompassed more debts than the Axis bid.


Title: Re: #NoMoneyNoPower
Post by: Ticker45 on Saturday, May 22, 2021, 11:45:18
Trying to remember what has been said in the past by the Trust and not trawling through all the messages, does Axis (i.e. Clem) have any other people lined up as actual directors or is it a one man operation with non-voting directors brought on board? Iirc the Trust intimated that they also have interested parties in the background and if so would they be part of the setup?

Possibly not relevant questions at the current time but just me thinking thoughts.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Saturday, May 22, 2021, 11:59:23
Trying to remember what has been said in the past by the Trust and not trawling through all the messages, does Axis (i.e. Clem) have any other people lined up as actual directors or is it a one man operation with non-voting directors brought on board? Iirc the Trust intimated that they also have interested parties in the background and if so would they be part of the setup?

Possibly not relevant questions at the current time but just me thinking thoughts.
Not at all, this is a very relevant line of questioning, and one of which needs to be answered.

AFAIK it has been suggested that Clem/Axis is a lone partner in this takeover bid but it has not been confirmed.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Saturday, May 22, 2021, 12:17:49
If only we had a functional local press to ask these sort of questions


Title: Re: #NoMoneyNoPower
Post by: Legends-Lounge on Saturday, May 22, 2021, 13:46:44
If only we had a functional local press to ask these sort of questions


Well in all fairness they can ask the questions to Power or anyone else for that matter, wether they get a reply electronically or in person verbally is another matter.


Title: Re: #NoMoneyNoPower
Post by: Jimmy Quimm on Saturday, May 22, 2021, 14:30:09
If only we had a functional local press to ask these sort of questions


If they push the questions too hard they get banned


Title: Re: #NoMoneyNoPower
Post by: Nomoreheroes on Saturday, May 22, 2021, 14:48:41
Power seems to have been intent on running the club into the ground.

Trust seem worried, as are all of the fans.

Axis/Clem is a developer. We don't understand what his motives are. But he seems to want to put money into the club.

We don't seem to have any other options. I'm worried we will fold before the new season begins.

Thank God the stadium hasn't been sold.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Saturday, May 22, 2021, 14:50:08
I meant they could ask Morfuni, because that's who the discussion was about. I'm well aware Power won't say anything.

Have the adver done anything other than repeat what they've been asked to? You can be sure that Morshead would be producing content even if we had nothing from Morfuni or anybody else. It's not as though there's nothing going on.

It's not necessarily the journos' fault as I get the impression they're underpaid and overworked, but it does seem that the bare minimum of effort is being made.


Title: Re: #NoMoneyNoPower
Post by: leftside on Saturday, May 22, 2021, 15:47:40
It’s a tough one for me as I’ve previously expressed on here that my match-day experience is more important to me than ownership issues.

However, as a Trust member and season ticket holder, I’ve decided to trust the Trust leadership at the present time.

The current regime is failing and the only viable alternative seemingly on offer appears to be one that could arrest the rot. As far as I know, Axis could be a wolf in sheep’s clothing but unless a better alternative comes to the fore soon, I’m willing to support the Trust’s position (and respect any Town fan who decides to hand over cash to the club while Power continues to be in charge).


Title: Re: #NoMoneyNoPower
Post by: Moss on Saturday, May 22, 2021, 20:47:19
If only we had a functional local press to ask these sort of questions


Guess the problem is that people have stopped buying local newspapers so the capacity to run a sports desk that we used to have has presumably all but disappeared. Different times and all that.


Title: Re: #NoMoneyNoPower
Post by: NotHarryAgombar on Saturday, May 22, 2021, 21:00:29
This is a difficult one for the Trust.
There seem to be only 3 options
1 Admin
2 sell to Able
3 sell to Axis

1 should be avoided if we can
2 Able - do they exist? Or are they a way for Power to extract as much cash as he can?
3 Axis - clearly the best of the available options, but for me there is a concern about moving from one problem to another, based on knowing only that Clem isn’t Power. We do need more information.


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Sunday, May 23, 2021, 09:05:22
One thing I haven't seen (or have missed) is how Axis intend to  get a return on their investment.  Is it through interest on loan repayments, stadium purchase and development or something else?


Title: Re: #NoMoneyNoPower
Post by: The Grim Reaper on Sunday, May 23, 2021, 10:08:40
This is a difficult one for the Trust.
There seem to be only 3 options
1 Admin
2 sell to Able
3 sell to Axis

1 should be avoided if we can
2 Able - do they exist? Or are they a way for Power to extract as much cash as he can?
3 Axis - clearly the best of the available options, but for me there is a concern about moving from one problem to another, based on knowing only that Clem isn’t Power. We do need more information.


To be fair to Clem/Axis he has been very public and vocal with his plans. Obviously he can’t talk about the court saga until it’s over but compared to Power who avoids the media at all costs I think he is a godsend. I’m more concerned about Able. Not a single word from them. Zero engagement with the fans. If they do exist they are hardly going about it the right way.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Monday, May 24, 2021, 08:33:58
I notice the accounts are due one week from today. Reckon they’ll get filed?


Title: #NoMoneyNoPower
Post by: Batch on Monday, May 24, 2021, 09:23:18
Quote
I notice the accounts are due one week from today. Reckon they’ll get filed?
yes, with the scrutiny the club will be under soon it's stupid not to.

reckon they'll show anything meaningful? no


Title: Re: #NoMoneyNoPower
Post by: Pookemon on Monday, May 24, 2021, 11:46:30
One thing I haven't seen (or have missed) is how Axis intend to  get a return on their investment.  Is it through interest on loan repayments, stadium purchase and development or something else?

There are 2 ways I can think of for him to see a return

He intends to use axis to develop the stadium (which they will be paid for)  and use it as a showcase to enter them into a new market. 

The same way other owners do - get promoted and sell on.

Of course there are benevolent owners and that is the vast majority in the lower leagues.   No idea if Clem is in that category but we can only dream.


Title: Re: #NoMoneyNoPower
Post by: Robinz on Monday, May 24, 2021, 11:54:36
Out of interest.  Why do you think Axis Plumbing build stadiums


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Monday, May 24, 2021, 11:56:32

He intends to use axis to develop the stadium (which they will be paid for)  and use it as a showcase to enter them into a new market. 


This is what I reckon as well.

He's denied it but, to be frank, I don't believe him. And I'm not fussed about that as long as the club's best interests are served.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Monday, May 24, 2021, 12:02:53
Out of interest.  Why do you think Axis Plumbing build stadiums

Axis doesn't build stadiums - which is largely the point for me.

He has a lot of experience being involved with stadium builds, but not in actually building them himself. For a relatively small investment in a club that's in dire need of a new stadium, he gets to choose himself as the contractor. He builds the stadium and gets a shiny new stadium build on his portfolio; helping him win other contracts further down the line. He'd also get the stadium built without the mark-ups a contractor would usually take, there'd probably be some tax jiggery-pokery he could take advantage of, and he'd be the owner of a football club that has its own stadium.

That much is fine by me as he'd be incentivized to do a good job.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Monday, May 24, 2021, 12:09:16
I think it doesn't take a rocket surgeon to realise that Clem is into property development/building and the only way he can make any money is if the club(and the fans) eventually own the stadium and then he has the rights to develop/appoint developers when this eventually happens and makes some return on the initial purchase of the club.

I do not for one minute think Clem would be interested in owning a club that already has these facilities such as Shitty/Reading etc...

At the end of the day he is a business man and will want some return on his investment in the short to medium term timescale or he will be lumbered with a run down under performing football club with no assets, much like Power is now and Wael at Rovers.


Title: Re: #NoMoneyNoPower
Post by: Pookemon on Monday, May 24, 2021, 12:14:28
I don't think it's a bad thing at all.  We desperately need an upgraded stadium and if we get that and as fans own 50%, then that's a good outcome.  Providing of course it's done at market rate.

It's about timing and we might just be a good fit for each other.


Title: Re: #NoMoneyNoPower
Post by: Panda Paws on Monday, May 24, 2021, 12:22:40
Morfuni has already stated that he's not in it for the stadium build. If as and when the ground gets redeveloped it will go through an RFP and procurement process which, like everything else, will be minuted, open and transparent in line with the commitments he has made via the Trust.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Monday, May 24, 2021, 12:34:29
Morfuni has already stated that he's not in it for the stadium build. If as and when the ground gets redeveloped it will go through an RFP and procurement process which, like everything else, will be minuted, open and transparent in line with the commitments he has made via the Trust.
I am FULLY aware of what Clem Morfuni has said to the Trust, I personally don't believe him fully though and will wait to see what happens in the future.

Do I trust Clem to take us forward in preference to Power? yes.

Do I think Clem is being 100% truthful with the Trust? no.

Do I trust Clem 100% that he has the best interests of the club at heart? not 100%.

Do I think Clem wants to make money from the club? yes.

Do I trust Clem when he says he is fully funding the bid on his own? no.

He may have said these things to the Trust (which I know he has) I guess its my inner Reg to be sceptical about anyone who wants to buy a lower league football club who is not a lifelong fan of the club they are buying.


Title: #NoMoneyNoPower
Post by: Batch on Monday, May 24, 2021, 12:37:06
Quote
.

He's denied it but, to be frank, I don't believe him. .
I refer Panda to Flash's previous comment, he doesn't believe it :)
------
I don't know if he's up front 100% honest about it or not. nobody can..

I also don't know what Ables game is. Either Power by proxy, or redevelopment too is my guess


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Monday, May 24, 2021, 12:39:07
I refer Panda to Flash's previous comment, he doesn't believe it :)
------
I don't know if he's up front 100% honest about it or not. nobody can..

I also don't know what Ables game is. Either Power by proxy, or redevelopment too

Well if Clem doesn't want the development potential one has to query why he would choose to spaff many millions up a Wilshire wall, I would be considerably more comfortable if there was a logical reason for this, unconnected businessmen don't throw cash at things for no return.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Monday, May 24, 2021, 12:40:29
Owning your own stadium is a double edged sword. Somewhere down the line an owner will raise a loan on the stadium and the shitstorm starts all over again.

Hopefully, our slight advantage will be the Trust owning 50% of the CG and will have a say on any future financial jiggery pokery involving the stadium.


Title: Re: #NoMoneyNoPower
Post by: Riddick on Monday, May 24, 2021, 12:49:19
Owning your own stadium is a double edged sword. Somewhere down the line an owner will raise a loan on the stadium and the shitstorm starts all over again.

Hopefully, our slight advantage will be the Trust owning 50% of the CG and will have a say on any future financial jiggery pokery involving the stadium.

Selling the stadium you own is a problem we can only dream of right now, and i'm not sure i would consider that a problem.

I don't understand how the Trust owning half the ground ever makes sense, perhaps someone can explain. Will the trust be paying half the upkeep, half the development etc? If so then i struggle to see how the Trust will ever get that money, if indeed they can genuinely get the money to even buy half of it.

I don't discount fan ownership but the very limited support (1k now from what 6-7k average fans) for the trust and its funding would just be a burden on the club wouldn't it?


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Monday, May 24, 2021, 12:53:18
Morfuni has already stated that he's not in it for the stadium build. If as and when the ground gets redeveloped it will go through an RFP and procurement process which, like everything else, will be minuted, open and transparent in line with the commitments he has made via the Trust.

We know he's said that.

I, for one, just don't believe him.


Title: Re: #NoMoneyNoPower
Post by: Robinz on Monday, May 24, 2021, 12:54:55
Interesting
Can't find anything about Axis Plumbing being a construction company or in Project management.
Their web site does tell a good story about being involved as sub contractors completing Plumbing Heating and associated work with larger construction companies
That brings me to driving past their main business in NZtoday.
If this is a professional go ahead company. then Im Jack Robinson.
Suggest some further investigation is needed before we  find ourselves jump from the frying pan into the fire
Or perhaps that has already happened
COYMRs



Title: Re: #NoMoneyNoPower
Post by: Flashheart on Monday, May 24, 2021, 12:56:18
I would be considerably more comfortable if there was a logical reason for this,

Yep.

I would feel a lot more comfortable if Clem was open and said he wants to do what I think he wants to do, or similar. I don't think that's necessarily a bad thing and can be beneficial for the club as well as for Clem.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Monday, May 24, 2021, 12:56:53
unconnected businessmen don't throw cash at things for no return.
100% this.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Monday, May 24, 2021, 12:58:47
Selling the stadium you own is a problem we can only dream of right now, and i'm not sure i would consider that a problem.

It is when whoever you’ve raised the loan with wants repaying and flogging off the stadium is the only option. Think of the even worse shit we’d be in if the CG was in Power’s hands. How much more debt would he have landed the club with.


Title: Re: #NoMoneyNoPower
Post by: theakston2k on Monday, May 24, 2021, 13:00:47
The UK arm of Axis was wound up (or went bust) last year so that still raises some questions in my mind. I know he's claimed to people it was restructuring into the new Axis Service Group UK he set up and the majority of the debt was to the Axis parent body but one the creditors was HMRC so hope he has paid off those debts, if he wound it up to avoid paying creditors then that is a big red flag for me.


Title: Re: #NoMoneyNoPower
Post by: Robinz on Monday, May 24, 2021, 13:07:14
Currently New Zealand is experiencing a building boom and any / all trades are making a killing.
That said... I will have a each way bet Axis Plumbing NZ are right off the pace by many furlongs.


Title: Re: #NoMoneyNoPower
Post by: jayohaitchenn on Monday, May 24, 2021, 13:45:20
Currently New Zealand is experiencing a building boom and any / all trades are making a killing.
That said... I will have a each way bet Axis Plumbing NZ are right off the pace by many furlongs.


Is Clem banging your mum or something? We get it. You don't like him.


Title: Re: #NoMoneyNoPower
Post by: Robinz on Monday, May 24, 2021, 13:50:59
No
Just the opposite if he is the chap to take the club forward that is fantastic and will be very happy
However there have been so many false dawn's  associated with STFC surely this can't happen again.


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Monday, May 24, 2021, 13:55:23
Well if Clem doesn't want the development potential one has to query why he would choose to spaff many millions up a Wilshire wall, I would be considerably more comfortable if there was a logical reason for this, unconnected businessmen don't throw cash at things for no return.
very much this.  I prefer Clem to Power but where is he expecting to get a return on his investment from. And sooner rather than later somebody does need to take a look at the stadium development


Title: Re: #NoMoneyNoPower
Post by: Robinz on Monday, May 24, 2021, 14:04:59
My only thought is the quality of young Australian players  waiting and wanting to play in England and he could have first pick of these with excellent sell on potential.
That could be a crock of crap.
But that's my take on things
Otherwise is he still Powers mate and we are being taken again No simply can't happen


Title: Re: #NoMoneyNoPower
Post by: Panda Paws on Monday, May 24, 2021, 14:12:51
With a big caveat that, of course, you may choose to not believe him, he is quoted as saying he wants to buy the club because he's a huge football fan, has fallen for the town and the fans and will make money out of it by running it well and flogging when it becomes bigger than something he can take forward, i.e. if we're in the Championship.

He does not need our club to support his lifestyle, his day-to-day earnings, his business operations etc. He has a very very successful business to do that for him already.

Too good to be true? I'll leave that for individuals to judge. A better alternative to the current regime? Yes.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Monday, May 24, 2021, 14:15:23
Whatever worries that people have would be the same when any prospective new owner turns up. I know it’s easy to take on board everything Clem says just because he’s not Power, but someone has to own the club and the reason anyone has for doing or so are exactly the same at almost every club.

Sometimes you just have to go with the flow.


Title: Re: #NoMoneyNoPower
Post by: Panda Paws on Monday, May 24, 2021, 14:17:14
Whatever worries that people have would be the same when any prospective new owner turns up. I know it’s easy to take on board everything Clem says just because he’s not Power, but someone has to own the club and the reason anyone has for doing or so are exactly the same at almost every club.

Sometimes you just have to go with the flow.

Absolutely, and it'd be naive to expect any club to run for a non-financial reason. There are just different ways to get that end game, and having an owner that doesn't need the club to fund his day-to-day living expenses would be grand.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Monday, May 24, 2021, 14:42:54
No
Just the opposite


He's banging your dad?


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Monday, May 24, 2021, 14:48:35
With a big caveat that, of course, you may choose to not believe him, he is quoted as saying he wants to buy the club because he's a huge football fan, has fallen for the town and the fans and will make money out of it by running it well and flogging when it becomes bigger than something he can take forward, i.e. if we're in the Championship.

He does not need our club to support his lifestyle, his day-to-day earnings, his business operations etc. He has a very very successful business to do that for him already.

Too good to be true? I'll leave that for individuals to judge. A better alternative to the current regime? Yes.

I don't 'choose' to not believe him. It's not as though I ticked a box just to be contrary or something. 

That may well change further down the line as more evidence presents itself but, at this moment in time, I'm not just taking his word on it.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Monday, May 24, 2021, 15:39:56
I don't 'choose' to not believe him. It's not as though I ticked a box just to be contrary or something. 

That may well change further down the line as more evidence presents itself but, at this moment in time, I'm not just taking his word on it.
Exactly my thoughts.


Title: Re: #NoMoneyNoPower
Post by: Nomoreheroes on Monday, May 24, 2021, 15:49:29
Dear Santa,

Could I please have:
- An end to dodgy dealings at Swindon Town
- A set of owners who can take the club forward
- A playing budget used sensibly to finance a winning team
- A manager that knows how to build a team that can compete and within 2 years be candidates for promotion. If and when promoted, can the club be ready to invest further to make the team competitive in L1
- The foundations put in place to enable the club to grow and become successful
- A comms and engagement strategy that enables the club to thrive in the local community and keep old and new fans alike interested
- A pitch that is well kept, well drained and suitable for free flowing and attacking football.

If you could see your way to start delivering this asap I would be very grateful - I promise to be good in the mean time!


Title: Re: #NoMoneyNoPower
Post by: Moss on Monday, May 24, 2021, 15:59:22
I don't 'choose' to not believe him. It's not as though I ticked a box just to be contrary or something. 

That may well change further down the line as more evidence presents itself but, at this moment in time, I'm not just taking his word on it.

And the sad fact in all of this, is that our opinions on whether he is the new messiah or a very naughty boy matter not a jot in relation to whether he can buy our club or not. We are "Power-less". But not in a good way.


Title: Re: #NoMoneyNoPower
Post by: Crispy on Monday, May 24, 2021, 17:01:52
Bollocks to Clem.


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Monday, May 24, 2021, 17:06:21
I don't 'choose' to not believe him. It's not as though I ticked a box just to be contrary or something.  

That may well change further down the line as more evidence presents itself but, at this moment in time, I'm not just taking his word on it.

This is it, just about everything we know is what he has told us, much as with the suggestions that he does not need our club to support his lifestyle, his day-to-day earnings, his business operations etc. He has a very very successful business to do that for him already.

I hope and pray that he is as honourable and community focused as he says he is, and I fear he is the unwilling victims of who has preceded him (including way before Power) but until he a) puts his money where his mouth is and b) delivers upon his promises he will be viewed with a degree of scepticism, 100x's bitten and all that!


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Monday, May 24, 2021, 17:18:23
As I said before, these worries would be the same about any new owner. If we wait for some white knight to come along we won’t have a club at all.


Title: Re: #NoMoneyNoPower
Post by: Batch on Monday, May 24, 2021, 17:44:31
Quote from: The Artist Formerly Known as Audrey
As I said before, these worries would be the same about any new owner. If we wait for some white knight to come along we won’t have a club at all.

well quite.

Able have the same worries and a whole load of other ones


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Monday, May 24, 2021, 17:57:48
I found this rather strange mish mash of info regarding Clem’s businesses. Appears to be more widespread than I thought

‘Menu. Clem Morfuni explains, “Thailand has been set up for estimating, quantity surveying and drafting whilst the UK is a multi-disciplined business with mechanical, electri-cal and hydraulic services because that’s the way the UK market likes to do things. sector, the SIC for which is 96090. Mr Morfuni was interested in owning or part owning a football club and discussions began in 2017 between him and … The company's next accounts are due on 7 January 2022, and fall under the accounts category: No Accounts Filed. Their business is in the Other service activities n.e.c. CLEM GLOBAL LTD is an active private limited company, incorporated on 7 April 2020. Clemente Giovanni Bruno Morfuni currently holds the position of a Director (MANAGING DIRECTOR) in SWINTON REDS 20 LIMITED. The Axis Services Group is a group of companies operating throughout Australia, New Zealand, Thailand, the United Kingdom and the USA. A free inside look at Clem-Mar House hourly pay trends based on 1 hourly pay wages for [jobTitleCount] jobs at Clem-Mar House. MR CLEMENTE MORFUNI - ACTIVE - Director ID is 911457709 And address is 47-49 Charlotte House Charlotte Road, London, EC2A 3QT - A free Director Summary including all company appointments. SIMILIAR NAME other countries. Mr Morfuni first became involved in the Club in 2015, having been introduced to Mr Power, and the Axis Services Group became a shirt sponsor of the Club. Clem MORFUNI 109 Darvall Road, West Ryde, Nsw 2114, Australia. Clemente Giovanni Bruno MORFUNI: 19 Chadwick Street, Putney, Nsw, 2112 AUSTRALIA ... name address ; 1 : 76 (76%) TEIL NOMINEES (OCS) LIMITED: RPH Consulting, Level 7 Anzac House, 181 Willis Street, Wellington, 6011 NEW ZEALAND : 2 : 24 (24%) Clem MORFUNI: 19 Chadwick Street, Putney, Nsw, 2112 AUSTRALIA : Related Companies . 1. AXIS MEDICAL INC. AXIS PROTOTYPES INC. AXIS. List of companies where Clemente Giovanni Bruno Morfuni was involved. News Company restructure will not affect Swindon Town involvement, says Clem Morfuni. CLEM GLOBAL LTD has no previous names. By Advertiser Reporter ... according to liquidation papers lodged at Companies House. Free company director check. Swindon Town investor Clem Morfuni says decision to wind-up firm is part of normal restructure. Our Chiang Mai (Thai-land) office prices hydraulics, me-chanical and electrical with a long- Filter appointments Filter appointments Current appointments Total number of appointments 1 Date of birth February 1970. Hourly Pay posted anonymously by Clem-Mar House employees. House Bill 3160 would add insurance companies to the state's Unlawful Trade Practices Act, allowing Oregonians to sue companies for not paying claims promptly, denying coverage for … The nature of the business is Activities of other holding companies n.e.c.. The company's registered office is on High Street, Gillingham. He has been a Director (MANAGING DIRECTOR) of SWINTON REDS 20 LIMITED for 6 months. 6. Cookies on Companies House services. AXIS AS. ... Clemente Giovanni Bruno MORFUNI. AXIS PLUMBING (SMALLWORKS) PTY LTD. AXIS PLUMBING ACT PTY LTD. New Zealand Company Search. CLEM & CO LIMITED are a relatively new Private Limited Company which has been trading for 2 years. Their registered office is located in the area of MANCHESTER. Relegation beckons this season, one way or another, the accounts are late to Companies House, and the club is said to be on the brink of insolvency. The first company was founded in NSW by Clem Morfuni in 1994.’


Title: Re: #NoMoneyNoPower
Post by: TheDukeOfBanbury on Monday, May 24, 2021, 18:13:32
With a big caveat that, of course, you may choose to not believe him, he is quoted as saying he wants to buy the club because he's a huge football fan, has fallen for the town and the fans and will make money out of it by running it well and flogging when it becomes bigger than something he can take forward, i.e. if we're in the Championship.

He does not need our club to support his lifestyle, his day-to-day earnings, his business operations etc. He has a very very successful business to do that for him already.

Too good to be true? I'll leave that for individuals to judge. A better alternative to the current regime? Yes.


Why don’t people believe there is more behind this than just Clem?
Equally as you point out we have to move on from this shit show of an owner who has been exposed, we are deep in the shit and if we don’t change we are finished.


Title: Re: #NoMoneyNoPower
Post by: Nemo on Monday, May 24, 2021, 18:15:46
Clem doing a Q&A with Rich on Loathed Strangers, he's asking for (non court case related) questions on Twitter.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Monday, May 24, 2021, 18:20:54

Why don’t people believe there is more behind this than just Clem?
Equally as you point out we have to move on from this shit show of an owner who has been exposed, we are deep in the shit and if we don’t change we are finished.
I agree, its seems pretty obvious that Clem cannot fund this without extra backers.

He is wealthy but not significantly wealthy, not enough to fund a football club on his own I wouldn't think.


Title: Re: #NoMoneyNoPower
Post by: Panda Paws on Monday, May 24, 2021, 19:28:21
A well-run football club funds itself.


Title: Re: #NoMoneyNoPower
Post by: Quagmire on Monday, May 24, 2021, 19:39:53
Due diligence done by the Trust on Axis

https://truststfc.tv/axis-group-due-diligence-by-truststfc/


Title: Re: #NoMoneyNoPower
Post by: stfcjack on Monday, May 24, 2021, 20:13:47
Clem in!


Title: Re: #NoMoneyNoPower
Post by: TheDukeOfBanbury on Monday, May 24, 2021, 20:27:27
A well-run football club funds itself.


You mean like Brentford.
Still need a helping hand start though and of course some luck.


Title: Re: #NoMoneyNoPower
Post by: Panda Paws on Monday, May 24, 2021, 20:31:01

You mean like Brentford.
Still need a helping hand start though and of course some luck.


Didn't have Brentford in mind tbh. More Plymouth and a few others. A helping hand is certainly needed. Ultimately, a well run business will work.


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Tuesday, May 25, 2021, 09:07:24

You mean like Brentford.
Still need a helping hand start though and of course some luck.


We can only dream of the leg up Brentford have/are receiving from the Local Council.



Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Tuesday, May 25, 2021, 09:07:38
Due diligence done by the Trust on Axis

https://truststfc.tv/axis-group-due-diligence-by-truststfc/

I've been watching a bit of Dragon's Den recently and pretty sure they wouldn't get investment based on these figures -

The Axis M&E UK Group prior to dissolving of the business had a turnover in 2018 of approx. £34m (+64% on previous year), a profit of 16.5k.

I haven't read the report in detail where it probably explains why this is but profits after tax seem to slide from 2015 where they are 615,000 (on a turnover of 10m) and then in 2016 turnover is doubled yet the profit falls to less than 100k.

If someone with half a business brain could explain this, it would be much appreciated.


Title: Re: #NoMoneyNoPower
Post by: Bogus Dave on Tuesday, May 25, 2021, 09:11:50
Costs went up hth


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Tuesday, May 25, 2021, 09:13:38
Costs went up hth

Indeed they did, and quite substantially. Presumably that was why that part of the company was dissolved then?


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Tuesday, May 25, 2021, 09:15:55
Due diligence done by the Trust on Axis

https://truststfc.tv/axis-group-due-diligence-by-truststfc/

Be interested to know what if anything the other non axis creditors received, otherwise there is c.£1m of money lost to other companies, it may be standard practice but still leaves people out of pocket.


Title: Re: #NoMoneyNoPower
Post by: Samdy Gray on Tuesday, May 25, 2021, 09:19:23
Showing a miniscule profit on paper is standard business practice, especially for multinational companies with an overseas parent. The UK generated income will flow back to the parent as a "cost".

It's a legit way of minimising UK taxes. It's exactly what the likes of Amazon and Facebook do. It's tax avoidance, which is perfectly legal, just morally frowned upon.


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Tuesday, May 25, 2021, 09:20:58
Showing a miniscule profit on paper is standard business practice, especially for multinational companies with an overseas parent. The UK generated income will flow back to the parent as a "cost".

It's a legit way of minimising UK taxes. It's exactly what the likes of Amazon and Facebook do. It's tax avoidance, which is perfectly legal, just morally frowned upon.

Thanks Samdy for the explanation.


Title: Re: #NoMoneyNoPower
Post by: Quagmire on Tuesday, May 25, 2021, 09:36:02
I've been watching a bit of Dragon's Den recently and pretty sure they wouldn't get investment based on these figures -

The Axis M&E UK Group prior to dissolving of the business had a turnover in 2018 of approx. £34m (+64% on previous year), a profit of 16.5k.

I haven't read the report in detail where it probably explains why this is but profits after tax seem to slide from 2015 where they are 615,000 (on a turnover of 10m) and then in 2016 turnover is doubled yet the profit falls to less than 100k.

If someone with half a business brain could explain this, it would be much appreciated.

So we can rule out Deborah Meaden as Clems silent partner then?


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Tuesday, May 25, 2021, 09:43:08
So we can rule out Deborah Meaden as Clems silent partner then?

I suspect the 'green queen' wouldn't be keen to get involved, no!


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Tuesday, May 25, 2021, 10:22:59
Didn't have Brentford in mind tbh. More Plymouth and a few others. A helping hand is certainly needed. Ultimately, a well run business will work.
Benham has reportedly invested £90m in Brentford - quite a helping hand. The guy at Plymouth has invested £6m according to the beeb. This reads similar to supposed investment over the last few years at STFC if memory serves correct. Yet the two clubs have very different future outlooks on the face of it adding weight to your point about a well run business


Title: Re: #NoMoneyNoPower
Post by: theakston2k on Tuesday, May 25, 2021, 11:00:25
Due diligence done by the Trust on Axis

https://truststfc.tv/axis-group-due-diligence-by-truststfc/
Seems a bit of a white wash that to be honest and still feel their close relationship with Clem doesn't exactly make them impartial. They've just brushed over the liquidation debts, were those creditors ever actually paid?  Did the Axis liquidation cause some of the others to liquidate?  Just because what they did was legal doesn't make it right and that's the whole issue we've got here, there's lots of stuff that can be done to a football club that is legal but it doesn't mean it will be right for the club and supporters.


Title: Re: #NoMoneyNoPower
Post by: Panda Paws on Tuesday, May 25, 2021, 11:08:51

Benham has reportedly invested £90m in Brentford - quite a helping hand. The guy at Plymouth has invested £6m according to the beeb. This reads similar to supposed investment over the last few years at STFC if memory serves correct. Yet the two clubs have very different future outlooks on the face of it adding weight to your point about a well run business

Quite - Brentford's initial investment was way beyond anything most clubs could expect. Plymouth is a really interesting case. The chairman there has said that the £3m he put in to cover losses during covid will be the last cash injection. His point of difference is his ability to run a business, not his bottomless pockets.


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Tuesday, May 25, 2021, 11:13:53
Benham has reportedly invested £90m in Brentford - quite a helping hand. The guy at Plymouth has invested £6m according to the beeb. This reads similar to supposed investment over the last few years at STFC if memory serves correct. Yet the two clubs have very different future outlooks on the face of it adding weight to your point about a well run business

Thing is, Plymouth actually have assets and thus the potential to invest to obtain the mythical 24-7/365 income which all clubs need to offset the losses associated with running a football club, something STFC do not benefit from.

Quite - Brentford's initial investment was way beyond anything most clubs could expect.

As noted above they have also benefited enormously from the support of the Council in planning matters.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 11:15:09
Benham has reportedly invested £90m in Brentford - quite a helping hand. The guy at Plymouth has invested £6m according to the beeb. This reads similar to supposed investment over the last few years at STFC if memory serves correct. Yet the two clubs have very different future outlooks on the face of it adding weight to your point about a well run business

Aye, Brentford's not a good example.

I don't know what they're doing now, but when they were lower down they were losing vast sums a year. Something like 10m+ losses every season. They may well be breaking even now that they're higher up and stable, but they definitely had a rather hefty leg-up.

That's not to say it can't be done on a more modest budget, but Brentford aren't the best example.


Title: Re: #NoMoneyNoPower
Post by: Nemo on Tuesday, May 25, 2021, 11:17:49
Seems a bit of a white wash that to be honest and still feel their close relationship with Clem doesn't exactly make them impartial. They've just brushed over the liquidation debts, were those creditors ever actually paid?  Did the Axis liquidation cause some of the others to liquidate?  Just because what they did was legal doesn't make it right and that's the whole issue we've got here, there's lots of stuff that can be done to a football club that is legal but it doesn't mean it will be right for the club and supporters.

It is a difficult one - there are definitely a few oddities around Clem, but if it's him or Able (or Power) then there are much bigger concerns about the others, no?

If we had the chance to design our ideal owner they probably don't look like Clem, but in a straight comparison of the interested parties then it seems pretty cut and dried.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 11:26:05
It's no contest.

If I had to choose between the current options, then Clem wins by a country mile. I'll be happy if it does all end up going in his favour considering the alternatives.

But that doesn't mean to say Clem should not be held to account also. There are question marks over him (whereas there's fuck-off great exclamation marks in red, underlined, bolded, and italicised over the others)


Title: Re: #NoMoneyNoPower
Post by: Tails on Tuesday, May 25, 2021, 11:32:53
To be fair to Clem (and I am still a bit cynical) but he seems willing to engage with the supporters so it seems the importance of the fans is not lost on him. Either that or he is simply trying to win us over to help us push through a sale to him, but I'll give him the benefit of the doubt for now.

I hope, if he takes over, he sticks to his word about the transparency and the Trust do hold him to account.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Tuesday, May 25, 2021, 11:33:02
It's no contest.

If I had to choose between the current options, then Clem wins by a country mile. I'll be happy if it does all end up going in his favour considering the alternatives.

But that doesn't mean to say Clem should not be held to account also. There are question marks over him (whereas there's fuck-off great exclamation marks in red, underlined, bolded, and italicised over the others)
100% this.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 11:33:45
There were huge question marks about Power before he took control. The number of previous bankrupt businesses he’d been involved with - CRE8 screwed over a number of other football clubs, there was a hotel in Peterborough I think that got the full Power treatment, then his association with Cambridge Utd and Rushden & Diamonds. A huge number of red flags that were poo-poohed by quite a few on here, probably because he wasn’t Jed and his cronies.

Clem appears to be almost Mother Theresa like compared to him.


Title: #NoMoneyNoPower
Post by: Batch on Tuesday, May 25, 2021, 11:37:55
did anyone listen to the Trust update yesterday on YouTube?

interesting links around powers preferred administrator when he tried to get the injunction lifted in a previous hearing

Paul Appleton did the Bolton admin.
He appointed Keith Cousins to run the football side re: contracts, etc.

Keith Cousins was a director of Rushden with Power. And also a director at CRE8..

Now I know Power claims he doesn't want the club in admin, but even so.

16:39

https://m.youtube.com/watch?v=RWTBI0V0Hb4&feature=youtu.be


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 11:38:04
A huge number of red flags that were poo-poohed by quite a few on here,


I don't remember that happening.

By 'poo-poohed', do you mean people pointing out that it's not enough to know for sure that he's a bad guy?




Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Tuesday, May 25, 2021, 11:42:43
A huge number of red flags that were poo-poohed by quite a few on here, probably because he wasn’t Jed and his cronies.
Not really poo pooed as such just several gave Power the benefit of the doubt to start with that a leopard may well have changed his spots, he didn't though suffice to say.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 11:45:30
did anyone listen to the Trust update yesterday on YouTube?

interesting links around powers preferred administrator when he tried to get the injunction lifted in a previous hearing

Paul Appleton did the Bolton admin.
He appointed Keith Cousins to run the football side re: contracts, etc.

Keith Cousins was a director of Rushden with Power. And also a director at CRE8..

Now I know Power claims he doesn't want the club in admin, but even so.

16:39

https://m.youtube.com/watch?v=RWTBI0V0Hb4&feature=youtu.be

He'd have a contingency plan in place in case it did end up as going in to admin - which is clearly a possibility even if it's not the intention.


Title: Re: #NoMoneyNoPower
Post by: ThreeDrawsMentality on Tuesday, May 25, 2021, 11:55:47
No legal expert in the slightest, but wonder if the Admin route is preference because Power knows most of the funding came from Standing et Al, so admin would deprive Standing of his share of debt repayment should Standing be successful in September. Especially if Power isn't confident of winning.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 12:07:59
If he’s not confident of winning he might as well sell up to Clem. The judges seem pretty insistent that admin will not happen with 1 firm bid on the table and 1 mythical one. Hopefully, he’ll be forced to sell before Admin is even a possibility.

Why are administrators not independently appointed?


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 12:15:26

Why are administrators not independently appointed?

No idea.

You'd think that they shouldn't be. It leaves it wide open to all sorts of shenanigans otherwise.


Title: Re: #NoMoneyNoPower
Post by: theakston2k on Tuesday, May 25, 2021, 12:16:51
No idea.

You'd think that they should be. It leaves it wide open to all sorts of shenanigans otherwise.
We’ve seen that first hand before, Andronikou and his cosy relationship with Diamandis.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 12:18:59
I don't remember that happening.

By 'poo-poohed', do you mean people pointing out that it's not enough to know for sure that he's a bad guy?



Just got to look through the resurrected Lee Power thread when he was appointed to see the amount of ‘wait and see’ and ‘I don’t see how he can fleece the club’ and ‘he’d have picked a better proposition than STFC to make money out of’ and ‘how can he make money out of us when we have no assets’ plus any number of excuses for his past business behaviour.

I realise it’s all fine now with hindsight but it really did stand out like a sore thumb.


Title: Re: #NoMoneyNoPower
Post by: Nemo on Tuesday, May 25, 2021, 12:22:14
Again it's a comparing two options thing - Power was a better option than Jed, although that's two very poor options.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 12:24:25
Oh, I agree entirely. But it seems Power got the benefit of the doubt to a large degree while Clem is treated with suspicion when he has nowhere near the historical shenanigans that Power had.


Title: Re: #NoMoneyNoPower
Post by: jayohaitchenn on Tuesday, May 25, 2021, 12:26:06
Once bitten, twice shy.


Title: Re: #NoMoneyNoPower
Post by: Robinz on Tuesday, May 25, 2021, 12:26:31
Seems that Axis has friends locally and those friends are wanting to  help take the club forward in the best way possible
I am aware of the background re  one  party involved trying to help and suggest their heritage is good. Real genuine type of person/ people.
Wealthy, possibly not enough. Honesty yes.
Suggest everyone needs to follow their gut feelings and strongly urge a time for change is now. LP surely your time is up
Good luck to all involved
COYMRs


Title: Re: #NoMoneyNoPower
Post by: Crackity Jones on Tuesday, May 25, 2021, 12:27:03
Just got to look through the resurrected Lee Power thread when he was appointed to see the amount of ‘wait and see’ and ‘I don’t see how he can fleece the club’ and ‘he’d have picked a better proposition than STFC to make money out of’ and ‘how can he make money out of us when we have no assets’ plus any number of excuses for his past business behaviour.

I realise it’s all fine now with hindsight but it really did stand out like a sore thumb.
who said what 7 years ago is kind of irrelevant. What we need to ensure happens via the Trust is that any new owner is held fully accountable during their tenure. We sure as hell can't rely on the powers that be to do the correct due diligence that any owner is fit and proper.


Title: Re: #NoMoneyNoPower
Post by: Jimmy Quimm on Tuesday, May 25, 2021, 12:27:07
The problem is when there is no other option what do you do....


Title: Re: #NoMoneyNoPower
Post by: Nemo on Tuesday, May 25, 2021, 12:33:10
Once bitten, twice shy.

Once bitten? I think by this point STFC have been bitten more times than Steve Irwin.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 12:33:46
Once bitten, twice shy.
If only we had been bitten just the once before!

We seem to attract wrong ‘uns like flies to shit.


Title: Re: #NoMoneyNoPower
Post by: Robinz on Tuesday, May 25, 2021, 12:33:54
Believe it or not the club via the Trust is in a better position now
The option that the sale of the County Ground has given is at least given the supporters a say in the future
The future is the unknown part though


Title: Re: #NoMoneyNoPower
Post by: ThreeDrawsMentality on Tuesday, May 25, 2021, 12:34:41
Seems that Axis has friends locally and those friends are wanting to  help take the club forward in the best way possible
I am aware of the background re  one  party involved trying to help and suggest their heritage is good. Real genuine type of person/ people.
Wealthy, possibly not enough. Honesty yes.
Suggest everyone needs to follow their gut feelings and strongly urge a time for change is now. LP surely your time is up
Good luck to all involved
COYMRs

Able to elaborate further on those other parties?


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 12:35:49

The future is the unknown part though
That applies to everything and everybody.

You’d hope, though, that the law of averages means we’re due a decent owner.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 12:36:52
Oh, I agree entirely. But it seems Power got the benefit of the doubt to a large degree while Clem is treated with suspicion when he has nowhere near the historical shenanigans that Power had.

Giving somebody the benefit of the doubt does not mean not treating them with suspicion.

Power had umpteen (often unsupported) claims made against him on a regular basis throughout his tenure at the club, whereas a few people have merely pointed out that we should not be taking Clem (or anybody) at his word.

I've yet to see a single person claim that Clem IS going to rip the club off/put us into admin/take us into admin or any of the other accusations that were made toward Power. The two just don't compare. You seem to be confusing caution with outright accusations of wrongdoing.



Title: Re: #NoMoneyNoPower
Post by: horlock07 on Tuesday, May 25, 2021, 12:51:00
If he’s not confident of winning he might as well sell up to Clem. The judges seem pretty insistent that admin will not happen with 1 firm bid on the table and 1 mythical one. Hopefully, he’ll be forced to sell before Admin is even a possibility.

Why are administrators not independently appointed?

They are insofar as their appointment has to be ratified by the High Court IIRC, albeit I am not sure what if any scrutiny this attracts.

I do know that the admin I was closely involved in required the Administrator to reveal any pre-admin involvement/contact they had had with the company affected, albeit I recall this only being in a subsequent report.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 12:52:13
Giving somebody the benefit of the doubt does not mean not treating them with suspicion.

Power had umpteen (often unsupported) claims made against him on a regular basis throughout his tenure at the club, whereas a few people have merely pointed out that we should not be taking Clem (or anybody) at his word.

I've yet to see a single person claim that Clem IS going to rip the club off/put us into admin/take us into admin or any of the other accusations that were made toward Power. The two just don't compare. You seem to be confusing caution with outright accusations of wrongdoing.


But that’s kinda my point. There WAS a huge amount of supporting evidence that Power was a rogue - 17 bankrupted businesses, I think it was. Again, with hindsight, people were shouted down when all the ‘I'm a fuckwit’ after a raft of transfer fees came into the club. We know now, of course, but at the time the denials were strong when it would have probably been appropriate to side with the notion that he had, indeed, pocketed it based on his previous behaviour.

And as if to prove a point I notice the comment has been changed to ‘I’m a fuckwit’


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 12:59:51
And as if to prove a point I notice the comment has been changed to ‘I’m a fuckwit’

It does not prove a point. It does not work like that.

Having reservations and doubts and raising them is one thing. Making outright accusations without supporting evidence is another entirely - and there was no evidence available at the time that proved the accusations being made. That somebody did x in the past IS NOT proof that they will do y in the future.

There's that difference between 'this is my opinion' and 'this is a fact' that so often causes kerfuffles one the TEF. The "I'm a fuckwit" auto-change was very deserving at the time.



Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 13:04:53
It proves that those who were of the opinion that Power had trousered the transfer fees were deemed to be fuckwits. I realise it’s all ‘I told you so’ but if people had made their feelings known strongly then without being ridiculed with the ‘prove it’ retorts maybe we wouldn’t be in this position now.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 13:12:23
It proves that those who were of the opinion that Power had trousered the transfer fees were deemed to be fuckwits.

No, it does not. You are missing the point.

It proves that people who go making unsupported assertions, expecting other people to just take them at their word - are fuckwits. **

Equally - if somebody came here now telling us it's a fact that Clem wants to just sell the land and county ground and build houses without proving supporting evidence - is also a fuckwit.

Even fuckwits can be right about some things. It does not necessarily make them any less of a fuckwit.

** Come to think of it, the reason the auto change was made is because some people just kept on repeating the same old thing ad-finitum and the same old discussions were being had over and over. There was even a phone in where somebody asked the question despite the same question being asked earlier on in the same phone in.

THAT is fuckwittery. It was going nowhere.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 13:15:56
without being ridiculed with the ‘prove it’ retorts maybe we wouldn’t be in this position now.

How on earth is asking somebody to support their claims ridiculing them?

And those people who did go shouting off about their 'facts' achieved the grand total of nothing, and that is not anybody else's fault. They are not to blame.


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 14:08:18
I don’t remember anyone saying they had facts - they were merely stating their opinion. That’s why labelling them fuckwits is ridiculing them.

The problem is that some hardly proffer an opinion on anything for fear of being wrong in the future.


Title: Re: #NoMoneyNoPower
Post by: Tails on Tuesday, May 25, 2021, 14:17:35
I don’t remember anyone saying they had facts - they were merely stating their opinion. That’s why labelling them fuckwits is ridiculing them.

The problem is that some hardly proffer an opinion on anything for fear of being wrong in the future.

Saying "Power is stealing from the club" isn't an opinion.

"I think Power is a crook" is.

There is a difference.

But either way it's irrelevant now. For once the fanbase isn't divided so let's enjoy that until the same sceptics of Power come back out for Clem (should he take over) and then we can start the cycle all over again.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 14:20:40
I don’t remember anyone saying they had facts - they were merely stating their opinion.

Complete, and utter, bollocks.

Some people were going nuts because others would not just accept them at their word. I remember at least one person rage-quitting for that exact reason. People who were just stating their opinions were not treated as fuckwits.

Fuck this, I have work to do.


Title: Re: #NoMoneyNoPower
Post by: Shrivvy Road on Tuesday, May 25, 2021, 14:21:46
Complete, and utter, bollocks.

Some people were going nuts because others would not just accept them at their word. I remember at least one person rage-quitting for that exact reason. People who were just stating their opinions were not treated as fuckwits.

Fuck this, I have work to do.
Calm down man. 


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Tuesday, May 25, 2021, 14:23:50
Calm down man. 

Fuck off  ;)


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 14:26:55
I don’t think anyone is getting arsey. Hopefully, it’s a reminder that in the future if things appear to be going Power-esque we, the fans, do something about it before it’s too late.

I’m convinced Moosehead knew a lot of what was going on but kept schtum.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Tuesday, May 25, 2021, 14:45:47
I’m convinced Moosehead knew a lot of what was going on but kept schtum.
I can confirm he knew/knows a lot lot more than he has said publically.


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Tuesday, May 25, 2021, 15:02:29
I can confirm he knew/knows a lot lot more than he has said publically.

Why hasn't he said it? I could understand whilst he was still at the Adver but he doesn't have a dog in the fight any more and its hardly going to damage his cricket journalist career, unless Power has now set his sights on Gloucestershire?


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 15:06:49
Maybe if he spills the beans on Power any future ‘source’ would think twice before talking to him.

Sounds a flimsy excuse, though.


Title: Re: #NoMoneyNoPower
Post by: TheDukeOfBanbury on Tuesday, May 25, 2021, 15:27:48
Maybe if he spills the beans on Power any future ‘source’ would think twice before talking to him.

Sounds a flimsy excuse, though.

Lots of things are held back and people are definitely ITK.
Contacts, things told in confidence, friendships and even careers to name 4.
Definitely posting such points on an open forum is a no no.


Title: Re: #NoMoneyNoPower
Post by: Shrivvy Road on Tuesday, May 25, 2021, 15:33:38
Let's be honest here it is because he knows some horrible cunts and is not afraid to use them as a threat


Title: Re: #NoMoneyNoPower
Post by: Miles Mayhem on Tuesday, May 25, 2021, 15:34:00
But I’m not ITK but I want to know waaaaaaa.


Title: #NoMoneyNoPower
Post by: Batch on Tuesday, May 25, 2021, 16:04:38
Quote
Let's be honest here it is because he knows some horrible cunts and is not afraid to use them as a threat, alegedly
he = power just for clarity.

(that's a statement, not a question)


Title: Re: #NoMoneyNoPower
Post by: Berniman on Tuesday, May 25, 2021, 16:28:18
Not to labour this point because I think it has gone around in circles for the last few pages, but this forum does not welcome people that do know things but are not willing to name a source or provide evidence to back up the claims - i kind of understand why due to historic posters, but even so.

I am not saying that asking for evidence or a source is not ok, but if they are not willing/able to provide it people get slaughtered on here.

It's one of my big bugbears of this forum.  Somebody stating what they know or what they have heard, or even their opinions on something should not automatically mean that evidence needs to be provided, sometimes you have to read what is being said and make your own mind up about it, not set a calendar alert and call somebody out when something doesn't happen in the exact timeframe that they stated.

I come on this forum to keep up to date and get the latest gossip (amongst other things) - I make my own mind up about the info that I read and wait to see if it comes true - i don't castagate people for getting things wrong because like everything in life circumstances can change, but at least I consider what was posted.  Especially when some of things people post I have already heard about and had it confirmed myself, but I still watch them getting called out because it didn't happen exactly as they described.

There are many posters on here that are genuinly more in the know than most of us - but won't post it because it's not worth it if it doesn't come true.


Title: Re: #NoMoneyNoPower
Post by: Legends-Lounge on Tuesday, May 25, 2021, 16:31:21
Once bitten? I think by this point STFC have been bitten more times than Steve Irwin.

PMSL.


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Tuesday, May 25, 2021, 16:51:38
Not to labour this point because I think it has gone around in circles for the last few pages, but this forum does not welcome people that do know things but are not willing to name a source or provide evidence to back up the claims - i kind of understand why due to historic posters, but even so.

I am not saying that asking for evidence or a source is not ok, but if they are not willing/able to provide it people get slaughtered on here.

It's one of my big bugbears of this forum.  Somebody stating what they know or what they have heard, or even their opinions on something should not automatically mean that evidence needs to be provided, sometimes you have to read what is being said and make your own mind up about it, not set a calendar alert and call somebody out when something doesn't happen in the exact timeframe that they stated.

I come on this forum to keep up to date and get the latest gossip (amongst other things) - I make my own mind up about the info that I read and wait to see if it comes true - i don't castagate people for getting things wrong because like everything in life circumstances can change, but at least I consider what was posted.  Especially when some of things people post I have already heard about and had it confirmed myself, but I still watch them getting called out because it didn't happen exactly as they described.

There are many posters on here that are genuinly more in the know than most of us - but won't post it because it's not worth it if it doesn't come true.

I heard that you were a grass and wear ladies underwear when you go dogging. And that you wear Lynx Africa as it gives you safari vibezzzzzz.


Title: Re: #NoMoneyNoPower
Post by: FreddySTFC! on Tuesday, May 25, 2021, 17:04:38
Not to labour this point because I think it has gone around in circles for the last few pages, but this forum does not welcome people that do know things but are not willing to name a source or provide evidence to back up the claims - i kind of understand why due to historic posters, but even so.

I am not saying that asking for evidence or a source is not ok, but if they are not willing/able to provide it people get slaughtered on here.

It's one of my big bugbears of this forum.  Somebody stating what they know or what they have heard, or even their opinions on something should not automatically mean that evidence needs to be provided, sometimes you have to read what is being said and make your own mind up about it, not set a calendar alert and call somebody out when something doesn't happen in the exact timeframe that they stated.

I come on this forum to keep up to date and get the latest gossip (amongst other things) - I make my own mind up about the info that I read and wait to see if it comes true - i don't castagate people for getting things wrong because like everything in life circumstances can change, but at least I consider what was posted.  Especially when some of things people post I have already heard about and had it confirmed myself, but I still watch them getting called out because it didn't happen exactly as they described.

There are many posters on here that are genuinly more in the know than most of us - but won't post it because it's not worth it if it doesn't come true.

Great post.


Title: #NoMoneyNoPower
Post by: Batch on Tuesday, May 25, 2021, 17:05:46
source BO? Or GTFO.
----
I personally agree with Bernie

But there is a line where rumour is spouted as fact ad infinitum that can go round in circles, and some put the forum at risk from the lawyers without evidence.

For example, the 'power is a crook' allegations may have substance. But to state them as fact without the proof is asking for trouble
--
that said, 'I've heard such and such' a la Cowley - he got a rough deal for trying to pass on information about the state of play he thought was genuine.

personally think that's a bit off


Title: Re: #NoMoneyNoPower
Post by: jayohaitchenn on Tuesday, May 25, 2021, 18:25:25
I've removed a bunch of the word replacements so feel free to ask where the money's gone now


Title: Re: #NoMoneyNoPower
Post by: Batch on Tuesday, May 25, 2021, 18:25:40
plenty of opportunity to ask Clem Morfuni   questions over the next few days.

he's agreed to interview with Loathed Strangers, The Trust and the OSC live Facebook thingy.

*awaits BBC Wilts announcing Power Hour to clash with the OSC*


Title: Re: #NoMoneyNoPower
Post by: Batch on Tuesday, May 25, 2021, 18:26:25
test: Brett Pitman

where's the Ritchie money gone?


Title: Re: #NoMoneyNoPower
Post by: jayohaitchenn on Tuesday, May 25, 2021, 18:27:58
test: Brett Brett, Brett, Brett, Brett Pitman, Brett Pitman

where's the Ritchie money gone?

I like the Pitman one so it stays


Title: Re: #NoMoneyNoPower
Post by: jayohaitchenn on Tuesday, May 25, 2021, 18:28:22
And soapy tit wank obviously


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Tuesday, May 25, 2021, 18:32:20
I've removed a bunch of the word replacements so feel free to ask where the money's gone now
We all know now.


Title: Re: #NoMoneyNoPower
Post by: JBZ on Tuesday, May 25, 2021, 23:17:59
Not been on here for a while.  Has there been a regime change in the last week or so?


Title: Re: #NoMoneyNoPower
Post by: Berniman on Wednesday, May 26, 2021, 09:04:41
I heard that you were a grass and wear ladies underwear when you go dogging. And that you wear Lynx Africa as it gives you safari vibezzzzzz.

And what of it? :D


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Wednesday, May 26, 2021, 09:08:40
And what of it? :D

Nothing at all fella  ;D

 :girlgiggle: :soapy tit wank:


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Wednesday, May 26, 2021, 10:28:16
And what of it? :D
Other than its Lynx Marmite as it attracts more of the ladies who are carrying their own forms of yeast.

FWIW I agree 100% with your previous post Berni, and BO how the hell did you find out about the dogging? That was very select information, BO In The Know.....


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Wednesday, May 26, 2021, 10:31:35
Other than its Lynx Marmite as it attracts more of the ladies who are carrying their own forms of yeast.

FWIW I agree 100% with your previous post Berni, and BO how the hell did you find out about the dogging? That was very select information, BO In The Know.....

Kind regards,

Stan Collymore.


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Wednesday, May 26, 2021, 10:53:51
Kind regards,

Stan Collymore.
If you had put Stan Cauliflower I may have believed you :D

I agree with the above statement that why the hell would Power appoint someone and pay him a wage when we are in currently in close season? with him watchign every penny I just can't see him paying a wage for a man who probably wouldnt even be at the club in the next month during anyway.

I am happy to be proved wrong if it is the right person appointed, I am warming to McGreal the more I read about him on the Col U forum and think we could do a lot worse than him.


Title: Re: #NoMoneyNoPower
Post by: Berniman on Wednesday, May 26, 2021, 13:12:16
BO how the hell did you find out about the dogging? That was very select information, BO In The Know.....

I've spotted BO down there too in his flourecent Mankini..


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Wednesday, May 26, 2021, 13:18:15
I've spotted BO down there too in his flourecent Mankini..

 :spam: :bullshit: :shutupbitch:

It's mauve!


Title: Re: #NoMoneyNoPower
Post by: Peter Venkman on Wednesday, May 26, 2021, 13:19:00
I've spotted BO down there too in his flourecent Mankini..
(https://media3.giphy.com/media/lEP0fC1zmpN3a/giphy.gif)


Title: Re: #NoMoneyNoPower
Post by: kaufman on Thursday, May 27, 2021, 09:10:46
Trust interview with Clem is up
https://youtu.be/5qn-FYTmgoQ


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 27, 2021, 09:17:47
Trust interview with Clem is up
https://youtu.be/5qn-FYTmgoQ

So many questions, what's going on with Steve Myttons background, Clem's very Aussie ain't he.... Like he calls it football and not soccer!

Interesting stuff though!


Title: Re: #NoMoneyNoPower
Post by: Nemo on Thursday, May 27, 2021, 09:32:52
Clem just seems to be in his car, which is an interesting choice for a 20 minute interview.


Title: Re: #NoMoneyNoPower
Post by: Batch on Thursday, May 27, 2021, 09:37:33
Clem's very Aussie ain't he...

As Aussie as Alf Stewart, bar-b-q and skippy the bush kangaroo

---
He's certainly saying the right things, if he's legit it could be better times are a coming.

BUT. Its all going to come down to the court case...


Title: Re: #NoMoneyNoPower
Post by: horlock07 on Thursday, May 27, 2021, 09:46:25
As Aussie as Alf Stewart, bar-b-q and skippy the bush kangaroo

---
He's certainly saying the right things, if he's legit it could be better times are a coming.

BUT. Its all going to come down to the court case...

He is also 2+ years OLDER than Power, looking at them I assume the diet is much better down under rather than Switzerland!


Title: Re: #NoMoneyNoPower
Post by: JanAirplaneMan on Thursday, May 27, 2021, 09:50:47
Clem just seems to be in his car, which is an interesting choice for a 20 minute interview.
He was just about to catch a flight and because of the time difference that's the only slot he had and we wanted to get the interview up in a timely manner for fans given all the questions :-)


Title: Re: #NoMoneyNoPower
Post by: Tails on Thursday, May 27, 2021, 09:58:08
Definitely says the right things around fan / community engagement and understanding the importance of that. I liked what he said about the stadium and it needing to be brought up to scratch. It may just be pandering but I also liked that he mentioned the club going up to The Premier League. I know it is probably unrealistic but I do like to hear SOME level of ambition. He seems to know what he needs to do to run the club.

Still remaining cynical but he knows what to say.


Title: Re: #NoMoneyNoPower
Post by: Flashheart on Thursday, May 27, 2021, 10:06:44
He does say the right things.

At times he spoke as though he thinks the court case is a formality. Already has scouts scouting for players (he says)

"Would I want to build the stadium?", he asks "Yeah I probably would". (But he'd want it 'ticked off' by the fans - he says)

His company has a turnover of 'a couple of hundred million' a year, according to Clem. I wonder what that would mean in terms of profit.


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Thursday, May 27, 2021, 10:09:17
Lots to like, of course at the moment its only lip service but what he said was positive.

Getting fans and Don Rogers on the board sounds good to me.
Tarting up the stadium, can't be bad.
He has a CEO in mind as well as a scouting team so he's clearly done a lot of work behind the scenes to hopefully hit the ground running if he gets to take over.
Has spoken about keeping communications with fans open and transparent. I like the sound of the plans for the stadium but he stated any plans would be cross referenced with supporters, which sounds excellent.
Sounds realistic and ambitious.


Title: Re: #NoMoneyNoPower
Post by: LucienSanchez on Thursday, May 27, 2021, 12:08:29
Lots to like, of course at the moment its only lip service but what he said was positive.

Getting fans and Don Rogers on the board sounds good to me.
Tarting up the stadium, can't be bad.
He has a CEO in mind as well as a scouting team so he's clearly done a lot of work behind the scenes to hopefully hit the ground running if he gets to take over.
Has spoken about keeping communications with fans open and transparent. I like the sound of the plans for the stadium but he stated any plans would be cross referenced with supporters, which sounds excellent.
Sounds realistic and ambitious.

Advisory board


Title: Re: #NoMoneyNoPower
Post by: Bob's Orange on Thursday, May 27, 2021, 12:10:42
Advisory board

I stand corrected :)


Title: Re: #NoMoneyNoPower
Post by: Robinz on Thursday, May 27, 2021, 13:12:04
Just watched the Clem Morfuni interview and you seem to have said all the right things and therefore good on you.

Suggest, it seems buying a football club is like purchasing an airline. No one with any business sense buys one and those people that do normally go broke or a lot of tears shed.

My question would be... where is the investments coming from and the continuing funding needed to insure the club success ?

Clem you live in Sydney and anyone that knows Sydney or any Town or City in Australia is aware that the local Sports Leagues club / Cosmopolitan Clubs including RSA clubs are full to the brim most evenings with Poker machines going none stop. These clubs are a licenses to print money.

Clem, I seriously doubt this is going to happen at SN1

If you are for real..... I really hope you are and good luck to you.

I am possibly in Sydney on business next week on a very tight time frame and if so lets try to meet up for a beer and a chat or when you are next in Auckland there is always a cold one close to Mt Wellington.

COYMRs   

 

 

 


Title: Re: #NoMoneyNoPower
Post by: The Artist Formerly Known as Audrey on Thursday, May 27, 2021, 13:17:34
Most lower league clubs could/would turn a profit if their owners’ fingers don’t get too sticky.


Title: Re: #NoMoneyNoPower
Post by: Quagmire on Thursday, May 27, 2021, 13:24:46
Seebecks accounts are available - and they seem to have lost about £300 in a year. Impressive.

https://find-and-update.company-information.service.gov.uk/company/08323017/filing-history