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Author Topic: NEW CONSORTIUM TO TAKE OVER  (Read 19738 times)
Mexicano Rojo

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« Reply #75 on: Tuesday, July 3, 2007, 11:32:31 »

pure speculation but i have heard from a reliable source its the wills family en masse. as i said speculation but this source has got things right before.

this beats transfer speculation Cheesy
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herthab
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« Reply #76 on: Tuesday, July 3, 2007, 11:33:24 »

My mood is 'quietly optimistic'.

You can either be like Bart and pick holes in it (God I hope it does mean MD and SSW are out of the picture, then I wouldn't have to read his bitching, moaning posts all the time!).

Or you can remain open minded and wait for it all to come out.

Nothing wrong with being a bit sceptical, but to look completely on the negative is just as bad as totally believing it.

Lets wait and see and have our fingers crossed that it really is the dawn of a new era    Cheesy
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TalkTalk

« Reply #77 on: Tuesday, July 3, 2007, 11:38:36 »

Incidentally if I was in the Revenue's or SBC's shoes I would bang that Winding Up Petition in anyway, to speed the process up.

As in "so if you say you've got this money coming in then you won't have a problem in paying the CVA before this petition hits the court, will you?"

Call the bluff...
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Arriba

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« Reply #78 on: Tuesday, July 3, 2007, 11:40:56 »

i think as fans the least we should expect is for the cva to be paid(power would pay it)
and for the club to have a realistic vision for the future(like the fans consortium has)
anything less aint good enough imo
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flammableBen

« Reply #79 on: Tuesday, July 3, 2007, 11:43:34 »

Am I missing something or does it just say "we've got an investor" again, but in nice new shiny words? 8 weeks seems like a long time, especially when they've apparently been in talks with investors for months.

On a positive side, if it is true, it could be that with the impending financial doom. Diamandis and Sir Seton have been forced to accept investment which means them loosing more control than they would have liked.

Or maybe Sir Seton has finally had enough and told Diamandis to get on his bike, and there was some truth in that odd braking ties with Dunwoody statement a few weeks back.

Basically it's a statement of nice words which don't really say anything. Infact one of the better written statements to come out of STFC for a while. Much better than last weeks "Everything will be ok!" jobby.

So can we all stop shouting each other about how we've got to support this or not support this and just wait and see. We still know nothing, so it all seems a bit pointless.

And Loyalist, we all know fatbury has his problems, but calling him a spastic is a bit out of order.

And Tails, I'd miss fatbury, leave him alone.
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Phil_S

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« Reply #80 on: Tuesday, July 3, 2007, 11:44:28 »

The reason why I can't get excited about this is that we know nothing much more.
There are a few on this forum, who seem to think some cash in to the club, cures all the problems. Thats a bit like saying that giving cash to Robert Mugabe will cure the problems in Zimbabwe. That one is for you Bobby boy)
Unless the way the club is run is changed, nothing will change.  If the investment is £5,000,000 it will take approx 1 year to empty the coffers again. I don't want to go through all of this in a years time, so as far as I am concerned the way the club is run needs to be changed. (I doubt even Chelski spend 1.5 million on "Admin")
Don't forget, that we've heard all of this before. The deal described sounds EXACTLY like the deal that the Wills family did with Brady, & Blatchley. That didn't work because the redevelopment didn't, & this won't because the club will not be allowed to redevelop the CG the way they want to. (Loads of Houses)
They also said they were going to go into an NDA with "our" consortium, & then attached impossible demands to it... It was merely a stalling tactic.
I ask myself, what has this new deal got for them, that the fans consortium didn't have. The answer has to be MONEY (for them), AND CONTROL.
There is of course an outside chance that I could be totally wrong, & that the new investment is a complete take over, but I really can't see that.
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Arriba

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« Reply #81 on: Tuesday, July 3, 2007, 11:48:15 »

yeah,whats the crack with the spastic insults and telling fatbury to fuck off just for giving his opinion?
i know who looks the bigger pair of fools to me
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glos_robin

« Reply #82 on: Tuesday, July 3, 2007, 11:49:41 »

Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?
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axs
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« Reply #83 on: Tuesday, July 3, 2007, 11:50:50 »

Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


its on the bbc website- new monkey post.
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Phil_S

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« Reply #84 on: Tuesday, July 3, 2007, 11:52:10 »

Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


Well if that IS the case it's the worst possible outcome.
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glos_robin

« Reply #85 on: Tuesday, July 3, 2007, 11:52:16 »

Quote from: "axs"
Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?


its on the bbc website- new monkey post.


There ends all excitement about this in my eyes then, just effectively a boardroom reshuffle and papering over the cracks....how wonderful
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Dale_STFC

« Reply #86 on: Tuesday, July 3, 2007, 11:52:19 »

From the BBC Website!

'Dynamic' changes

He added that the club was now hoping to make it into the Championship, and would stay at their current ground.

"The consortium has the support of Paul Sturrock and his team, and will bring to the club an added dimension that will both secure and enhance the standard of football at the County Ground.

"It has been a long time coming but the board feel they have at last found the solution that will disperse forever the 'dark financial clouds' that have for too long hung over ground," he added.

If approved, "dynamic" changes are expected in the structure and make-up of the board and off-field management team.

The Wills family have two directors on the club's board (Sir Seton and son James), and remain the majority shareholder.

http://news.bbc.co.uk/1/hi/england/wiltshire/6264980.stm
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pauld
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« Reply #87 on: Tuesday, July 3, 2007, 11:54:01 »

Quote from: "glos_robin"
Wasn't it on radio Swindon earlier that they think the Consortium consists of the Wills family, Mike Diamandis and a new investor?

I think that's just one reading of the statement rather than inside info. The article on the Beeb website also says "The Wills family have two directors on the club's board (Sir Seton and son James)" which isn't correct - SSW is not on the board, so I'd guess this has been written by a staff journo from the statement and "general info" files rather than someone who knows STFC well.
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Samdy Gray
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« Reply #88 on: Tuesday, July 3, 2007, 11:55:30 »

I think the Wills/Diamandis/Other bloke consortium idea is pure speculation. The media only have the same statement that we we're given, they're just twisting it slightly and making something out of nothing.

At the moment we still don't have any facts, just "sources" and hunches.
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Colin Todd

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« Reply #89 on: Tuesday, July 3, 2007, 11:56:26 »

The statement does read that the Wills & MD have "managed to attract significant investment to form a new consortium" Which says they are still invloved.

It then goes on to say "... with the view to taking over from the current board within the next 8 weeks" which clearly indicates that whoever the new investor is wants their own people on the board.

What we dont know is how much influence the new investor will have in terms of shareholding, and whether MD will contiune to interfere with the day to day running of the club
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