Diamandis, Dunwoody and the board

[STFC Bart]

I would urg everyone to join the trust and get behind the new consortium to get an investor(s) and give the fans a stake in the club.

This board clearly do not have the funds to take us forward, and it just appears to be a power thing for them. They state they welcome investment but when it happens the investors appear to soon leave, why? The club appears a closed shop for outsiders, with the current board desperate to hold onto power.

What are Diamandis and Dunwoody after? My guess is the money from any redevelopment, well with the current set up there in NO chance of this going ahead, the council for one know what the fans think of this current off field management team. It appears that outside investors/managers wont work with a certain person connected with the club- why is this person of a troublesome nature not removed?
 
As for Power/Devlin- i hope one day we hear the truth which i am sure we all will. Still have not had the £700k overspend explained either.

Dennis Wise- rumour is we offered to double his money- but how could we afford this if we had a £700k overspend, just does not make sense.

Total new broom needed- get behind the fans consortium

[DV]

tell me something i dont know...

[ron dodgers]

someone else said that yesterday - old news

[Barry Scott]

Nice original post Bart.

I get tired of the same old shit being regurgitated ad infinitum. Without you this forum would make quite tiring reading. Well done.

[Frigby Daser]

Good sentiments Bart, but we all know about the Trust - we know how to join, and we know whats going on and why it needs to change. On the day before we're going to appoint a bloody good manager (hopefully) lets enjoy the moment for a bit though please.

[STFC Bart]

Not sure if anyone is aware but according to companies house Diamandis has 14 liquidated/dissolved/insolvent companies behind him, obviously his reason for not being a director.

Dodgy indeed

[Piemonte]

Not sure if anyone is aware but according to companies house Diamandis has 14 liquidated/dissolved/insolvent companies behind him, obviously his reason for not being a director.

Dodgy indeed

That means nothing of the sort.

For those that care, Dunwoody sports Marketing changed its name to D421 Ltd on 1/12/04.

Accounts for the year ending 30/9/05 show a pre tax loss of £-23k with a net worth of £-160k. Our favorite accountant is the sole director.

Hardly consistant with a company that is creaming all the profis out of STFC is it?

[Bushey Boy]

he was also banned from being a director for 7 years which kinda says alot!!!

[STFC Bart]

Piemonte you dont need to quote accounts to me- i am an accountant

Just because it shows a loss and negative net worth does not mean that he is not creaming money from us. That loss could have been 1-2m worse, and the negative net worth even higher.

Effectively they are trading whilst knowingly insolvent

[STFC Bart]

Oh and also stinks of the usual Diamandis mismanagement.

This time however he has bods to direct for him, ala Gray, Holt so he has to take no accountability

[Piemonte]

Sifting through those 14 companies, around half appeared to have never traded ie they were incorporated, then several years later dissolved after nothing had happened. Most of this happened in the 1990's

I've no love for the bloke whatsoever, but I'd rather base my judgement on the truth rather than STFC barts anti-diamandis spin on the truth.

Being banned from being a director is dodgy.

Incorporating companies and doing nothing with them is not. Busineses being liquidated, even if it is because they are insolvent is not dodgy as such. It happens to hundreds of businesses a day. Failure rates are high.

[Fred Elliot]

Piemonte you dont need to quote accounts to me- i am an accountant

Just because it shows a loss and negative net worth does not mean that he is not creaming money from us. That loss could have been 1-2m worse, and the negative net worth even higher.

Effectively they are trading whilst knowingly insolvent

Are you Sandy Gray

Oh no ........................ stupid question

[land_of_bo]

Piemonte you dont need to quote accounts to me- i am an accountant

Just because it shows a loss and negative net worth does not mean that he is not creaming money from us. That loss could have been 1-2m worse, and the negative net worth even higher.

Effectively they are trading whilst knowingly insolvent

Are you Sandy Gray

Oh no ........................ stupid question

I doubt it. He can spell AND string a sentence together.

[RobertT]

Being banned for trading companies while knowingly insolvent is a tad on the dodgy side, as is having your accounts not properly signed off by and auditor (like ours were).

I still don't think he's making a fortune out of the club though, we don't spend enough on Marketing to make it that worthwhile, better money to be had from all the programme deals they have.  The lack of liability he holds is my main concern, as his ability to fall out with people  - especially those who he has previously trusted and got on with  - Devlin, Prescott for example.

[Barry Scott]

Not sure if anyone is aware but according to companies house Diamandis has 14 liquidated/dissolved/insolvent companies behind him, obviously his reason for not being a director.

Dodgy indeed

That means fuck all Bart. Within my immediate family around 10+ companies have been lost through various means. Like Piemonte says, you just put some anti-diamandis Spin on it.

Liquidation is not always anything to do with mismanagement or bad business. As a business, with you being an accountant you should know this, your credit is very often extended to others.

They don't pay you, you go down. That's not the company directors fault, that's the fault of the wankers which fail to pay their bills to you.

In construction it's common place, massive building work takes place, invoices are issued, payments are not made. Company then has difficultly meeting it's own payments, company is privately limited, therefore company gets liquidated.

I do not know what his 14 businesses were or what they did, but sure as hell he wouldn't put himself through the hell that is liquidation 14 times. I suspect they just ceased trading or were wound up for various other reasons.