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Author Topic: Positives from the Club  (Read 4793 times)
newmarket red
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« Reply #45 on: Friday, June 29, 2007, 15:06:42 »

Quote from: "RobertT"
the more I think about it (based on the timeline involved, which effectively rules out a takeover) the more I expect an announcement that investment has been found, but it is in fact a loan from someone already involved, such as St Modwen.  Possibly a rejigging of the web of businesses surrounding the club.

If that is what happens then they will be well wide of the mark if they think it will make people happy.  Relieved over our immediate future maybe, but not happy about the future of our club.  Only one thing will now resolve that, and it involves a lot of people falling on swords.
It will be pathetic to get another loan from st mowden who they fell out with.
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ronnie21

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« Reply #46 on: Friday, June 29, 2007, 15:21:18 »

I don't think they all fell out with St Modwen.  Isn't there a large development going on at Hungerford, joint development by Shaw Park Developments (three directors of STFC) and St Modwen?
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Phil_S

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« Reply #47 on: Friday, June 29, 2007, 15:28:40 »

Whats a "positive statement" Dell. It will only be positive in my book if it is an announcement that they are risigning en-masse.
As for Magics statement, I know here he is coming from, but feel slightly differently, in that if this lot stay our club WILL go under. It's only a matter of time. I for one would hate that, who ever is in charge.......... That's why I am so convinced that this lot must GO......... NOW. (Even a drop into the conference would be worth it to see them go,... at least we'd have a club left to support) (but extinction no.)
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Dazzza

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« Reply #48 on: Friday, June 29, 2007, 15:36:17 »

"Lovers tiff" is the phrase they used at the time but the Marina development in Hungerford on SSW's land suggests they're on better terms these days.
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RobertT

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« Reply #49 on: Friday, June 29, 2007, 15:55:32 »

Quote from: "ronnie21"
I don't think they all fell out with St Modwen.  Isn't there a large development going on at Hungerford, joint development by Shaw Park Developments (three directors of STFC) and St Modwen?


Heathnorth Ltd I think is the vehicle used for that one, same people though.  They are also in debt to St Modwen to the tune of £2.2m as at 2006.
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