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glos_robin
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« on: Wednesday, June 27, 2007, 16:11:26 » |
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From todays adver.......spin or real. Based on Holts track record I would put it in the 80% bollocks section of this forum. A NEW investor has made contact with Swindon Town in the hope of buying into the club.
Non executive director Bob Holt confirmed there were now two interested parties in the Robins, excluding the fans' consortium, who have still yet to lodge a formal bid under the leadership of former QPR chairman Bill Power.
He said: "Talks with the original investor have been progressing slowly but now someone new has come in and wants to jump the queue."
Any new investment would be welcome at the County Ground with a £900,000 CVA (Company Voluntary Agreement) due to be paid to the club's remaining creditors on Saturday.
The CVA was set up in August 2002 but mixed messages have been coming out of the different parties involved as the deadline looms.
Swindon Borough Council leader Rod Bluh claimed the Robins had asked to re-open negotiations over the June 30 deadline.
Town then issued a statement denying they wanted to extend the deadline, but confirmed they met with council officials on June 6 to discuss the CVA status.
This was all after CVA supervisor Andrew Andronikou claimed he has the authority to "extend and vary" the deadline.
Andronikou was contacted by the Gazette, but refused to confirm or deny if the CVA payment would be met on Saturday.
A club statement was due to be released tomorrow. |
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Spud
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« Reply #1 on: Wednesday, June 27, 2007, 16:14:24 » |
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Thats great news we can all stop worrying about the CVA now...... :?
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janaage
People's Front of Alba
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« Reply #2 on: Wednesday, June 27, 2007, 16:22:48 » |
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So the original new investor, who was so close to taking over, has now been gazumped by another investor who wants to "jump the queue".
How thoroughly decent of the board to stab the original investor in the back by now publically announcing there's anew investor in town. I thought it wasn't right to blab to the local press about these things?
Well done Bob and co.
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hansgruber
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« Reply #3 on: Wednesday, June 27, 2007, 16:24:59 » |
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How many "new investors" have we had interested now? Change the record Bob.
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herthab
TEF Travel
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« Reply #4 on: Wednesday, June 27, 2007, 16:27:02 » |
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I think something is definitely going on at SN1.
It's too quiet!
Prepare for 'good' news on Friday!
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It's All Good..............
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sonic youth
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« Reply #5 on: Wednesday, June 27, 2007, 16:27:27 » |
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haha this is priceless. i'm quite fond of bob  |
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yeo
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« Reply #6 on: Wednesday, June 27, 2007, 16:29:17 » |
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Covert BillP bid through a 3rd party.
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W56196272
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STFC4LIFE
Fence Fucker
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« Reply #7 on: Wednesday, June 27, 2007, 16:30:54 » |
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How about fuck off and let Bill jump the queue?
Just an idea.
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millom red
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« Reply #8 on: Wednesday, June 27, 2007, 16:32:07 » |
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Not a bad shout Yeovil...but somehow i doubt it.
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f it dont need fixing....dont fuckin break it
Await The Day
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glos_robin
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« Reply #9 on: Wednesday, June 27, 2007, 16:32:30 » |
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We can expect a statement tomorrow hey? will that just be a re-written version of an old one about talks with a new investor are at an advanced stage?
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RobertT
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« Reply #10 on: Wednesday, June 27, 2007, 16:32:36 » |
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I'd say it's more likely we should prepare for news that looks good but turns out to be bad. Investor A is merely a couple of weeks from investing (over a month ago) but now the Board seem happy to announce it's slow progress and we've got another one. More likely, despite 5 weeks of constant nagging, investor A has still refused to offer any of his cash to a sinking ship. Investor b is created using something already involved with the club?
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genf_stfc
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« Reply #11 on: Wednesday, June 27, 2007, 16:35:29 » |
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their first imaginary investor got cold feet, so they made up another one to start an imaginary bidding war. mentalism
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millom red
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« Reply #12 on: Wednesday, June 27, 2007, 16:40:41 » |
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I'd say it's more likely we should prepare for news that looks good but turns out to be bad. Investor A is merely a couple of weeks from investing (over a month ago) but now the Board seem happy to announce it's slow progress and we've got another one. More likely, despite 5 weeks of constant nagging, investor A has still refused to offer any of his cash to a sinking ship. Investor b is created using something already involved with the club? A Diamandis company per-chance? Fuckin hope not!! :x |
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f it dont need fixing....dont fuckin break it
Await The Day
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glos_robin
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« Reply #13 on: Wednesday, June 27, 2007, 16:46:42 » |
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I'd say it's more likely we should prepare for news that looks good but turns out to be bad. Investor A is merely a couple of weeks from investing (over a month ago) but now the Board seem happy to announce it's slow progress and we've got another one. More likely, despite 5 weeks of constant nagging, investor A has still refused to offer any of his cash to a sinking ship. Investor b is created using something already involved with the club? A Diamandis company per-chance? Fuckin hope not!! :x If that happened I'd hope full scale protests would get organised, I don't doubt though that some supporters would take it at face value see it as a great move and support it and moan about any protests.... |
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Iffy's Onion Bhaji
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« Reply #14 on: Wednesday, June 27, 2007, 17:10:23 » |
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what a load of rubbish! further proof that investment does not even exist! im mean how many times have we heard this? :-))(
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