New Board Revealed

[STFC Bart]

Reg i think the same. I think Diamandis is behind BEST holdings peersonally and Little is just a face

Same old shit- different name

[WorcesterRed]

Can't quite out my finger on this.

In essence, what has happened is that someone has taken over the majority ownership of the club. That much I can understand.

So, you plough millions into the club and what's the first thing that you do - of course - you retain 90% of the previous regime and promote the previous General Manager onto the Board.

These new guys must have been SO IMPRESSED with the job that the previous regime did. How can this be? Simple - it's an effing smokescreen and the same old problems will surface in the months to come...rumours of the Chippenham move etc etc.

Why on earth would Diamandis not only be retained but PROMOTED!! Becase it's smoke and mirrors that's why.

Like others, I doubt very much indeed if I will attend another match while these twats are in charge.

Best holdings have taken the majority ownership in town, but who owns Best Holdings.

Would you put it past Diamandis to set up a foreign holding company through some contact ,and for him and Wills to own Best Holdings?
OK someone seems to have come up with some money to pay off the CVA, so maybe there is some other investment somewhere, but name to me one other 'takeover' where someone allows the existing board to manage their 'investment.'

It is unbelieveable that the same idiots are in charge. I know nothing about Portuguese company law, but surely the Trust or someone should be doing all possible to try and find their way through this smokescreen and find out who owns Best Holdings.

So much for the 'dynamic changes to the board'. Yet another lie.

Wokingham - that's exactly what I was thinking.....especially as apparently Jim Little will not name the investors' behind Best Holdings. Not necessarily with Wills involved but certainly Diamandis.

I smell a rat....

For anyone in the know - I assume because this is a private company that there is no chance at all of getting behind the investors identities?

[WorcesterRed]

if thats the case i will no longer be giving my money to them. i will go to away games but i am not giving diamandis another penny of my cash.

Yep.

How is going to games now giving diamandis cash?  How exactly is he going to take cash out when he's no longer in charge and his chums are not the majority shareholders?

I'm as pissed off as the next town fan that some of these clowns are being retained but a bit of logic wouldnt go amiss

Diamandis still involved = potential return from ground redevelopment = potential move elsewhere?

[STFC Bart]

Exactly Worcester. We should have hounded the guy out ages ago

[Colin Todd]

if thats the case i will no longer be giving my money to them. i will go to away games but i am not giving diamandis another penny of my cash.

Yep.

How is going to games now giving diamandis cash?  How exactly is he going to take cash out when he's no longer in charge and his chums are not the majority shareholders?

I'm as pissed off as the next town fan that some of these clowns are being retained but a bit of logic wouldnt go amiss

  Do you not think that its entirely possible that the reason we wont know who is behind Best Holdings, is that its Diamandis and Wills.  Possibly in some arrangement with agents which may be in contravention to FIFA rules, if they were the named parties.

No. Diamandis does not have that kind of money, Wills probably does, but wouldnt want to sink it all into paying off STFC's debts.

If it were Diamandis and Wills what the fuck is Jim Little doing here?  What is Rufus doing here?  Why would these mysterious agents pump millions into an ailing club just to get their players seen?  There's plenty of scope for putting players in the shop window around europe without going mental and buying a debt ridden club

[WorcesterRed]

In regards to the Chippenham rumours, apparently this is what Jim Little told the trust according to the email sent out.

" Encouragingly, in response to a reference to the Chippenham rumour he did state very clearly that he understood that the club is called Swindon Town for a reason and that any move would have to preserve the club's identity which clearly a move to Chippenham would not."

Is that a definite statement saying we will NOT be moving?

[Reg Smeeton]

Reg i think the same. I think Diamandis is behind BEST holdings peersonally and Little is just a face

Same old shit- different name

  It certainly is starting to look like our worst fears are being realised....but I do think agents may be involved somehow.....Kia Joorabchian, has shown the way forward, whereby players aren't now to be owned by clubs, but rather agencies....and cuts of wages, bonuses etc go to the agents.

[Fred Elliot]

has the trust sat down in a private meeting with the new owners/JL yet and discussed there plans and how the majority of supporters feel about the existing board?

I think this needs to happen as they are the fans voice and if JL wants to be involved with the fans then he needs to be told what a bunch of clowns he'll be working with.

The Trust and the SC had a meeting with JL and certain board members on Friday evening.

We have requested a further follow up meeting with JL alone within the next 2 weeks

[STFC_Gazzza]

In regards to the Chippenham rumours, apparently this is what Jim Little told the trust according to the email sent out.

" Encouragingly, in response to a reference to the Chippenham rumour he did state very clearly that he understood that the club is called Swindon Town for a reason and that any move would have to preserve the club's identity which clearly a move to Chippenham would not."

Is that a definite statement saying we will NOT be moving?

Thats just what was in the Trust letter thats not official from the club by any means.. sounds like they are saying they will NOT be moving!

[WorcesterRed]

if thats the case i will no longer be giving my money to them. i will go to away games but i am not giving diamandis another penny of my cash.

Yep.

How is going to games now giving diamandis cash?  How exactly is he going to take cash out when he's no longer in charge and his chums are not the majority shareholders?

I'm as pissed off as the next town fan that some of these clowns are being retained but a bit of logic wouldnt go amiss

  Do you not think that its entirely possible that the reason we wont know who is behind Best Holdings, is that its Diamandis and Wills.  Possibly in some arrangement with agents which may be in contravention to FIFA rules, if they were the named parties.

No. Diamandis does not have that kind of money, Wills probably does, but wouldnt want to sink it all into paying off STFC's debts.

If it were Diamandis and Wills what the fuck is Jim Little doing here?  What is Rufus doing here?  Why would these mysterious agents pump millions into an ailing club just to get their players seen?  There's plenty of scope for putting players in the shop window around europe without going mental and buying a debt ridden club

Read the posts - smoke and mirrors.

Promised big changes and investment - what we get is the same old Board and the CVA paid off.

Or maybe you honestly believe that the new owners are so impressed with the fantastic way that the previous muppets were running the show that they thought - 'hey you guys, you clearly know how to run a well-oiled football club, we'll let you guys remain in charge'.

[WorcesterRed]

In regards to the Chippenham rumours, apparently this is what Jim Little told the trust according to the email sent out.

" Encouragingly, in response to a reference to the Chippenham rumour he did state very clearly that he understood that the club is called Swindon Town for a reason and that any move would have to preserve the club's identity which clearly a move to Chippenham would not."

Is that a definite statement saying we will NOT be moving?

Thats just what was in the Trust letter thats not official from the club by any means.. sounds like they are saying they will NOT be moving!

Exactly Gazza - sounds like - 'sounds like' to me is not a definite NO, it just 'sounds like' a No!

[lebowski]

im not sure i buy into all these conspiracy theories. over the past couple of weeks sturrock has openly aired his frustrations about being inbetween two boards during the takeover and even said that the old board wanted to stay in this division, whereas the new ones are more ambitious and very receptive to his vision ("prime beef" etc). whilst this is clearly only the tip of the iceberg as far as the running of the club goes, there is a definite a change of emphasis here.

[Colin Todd]

Read the trusts letter again. Reference to Jim Little and the new owners over-ruling the existing board if they see fit.

[Reg Smeeton]

if thats the case i will no longer be giving my money to them. i will go to away games but i am not giving diamandis another penny of my cash.

Yep.

How is going to games now giving diamandis cash?  How exactly is he going to take cash out when he's no longer in charge and his chums are not the majority shareholders?

I'm as pissed off as the next town fan that some of these clowns are being retained but a bit of logic wouldnt go amiss

  Do you not think that its entirely possible that the reason we wont know who is behind Best Holdings, is that its Diamandis and Wills.  Possibly in some arrangement with agents which may be in contravention to FIFA rules, if they were the named parties.

No. Diamandis does not have that kind of money, Wills probably does, but wouldnt want to sink it all into paying off STFC's debts.

If it were Diamandis and Wills what the fuck is Jim Little doing here?  What is Rufus doing here?  Why would these mysterious agents pump millions into an ailing club just to get their players seen?  There's plenty of scope for putting players in the shop window around europe without going mental and buying a debt ridden club

  We've no evidence that any money thus far has been pumped in let alone millions.....we've been promised the CVA will be paid,  lets imagine that the club has say scraped together 400/500K ....sale of Lukey Dukey for instance.....then the Portugeezers buy in for say a further 500K, its not exactly big bucks by football standards.....I daresay Rufus after a few seasons  with his nose in the trough might have put in a say 200K

[Colin Todd]

if thats the case i will no longer be giving my money to them. i will go to away games but i am not giving diamandis another penny of my cash.

Yep.

How is going to games now giving diamandis cash?  How exactly is he going to take cash out when he's no longer in charge and his chums are not the majority shareholders?

I'm as pissed off as the next town fan that some of these clowns are being retained but a bit of logic wouldnt go amiss

  Do you not think that its entirely possible that the reason we wont know who is behind Best Holdings, is that its Diamandis and Wills.  Possibly in some arrangement with agents which may be in contravention to FIFA rules, if they were the named parties.

No. Diamandis does not have that kind of money, Wills probably does, but wouldnt want to sink it all into paying off STFC's debts.

If it were Diamandis and Wills what the fuck is Jim Little doing here?  What is Rufus doing here?  Why would these mysterious agents pump millions into an ailing club just to get their players seen?  There's plenty of scope for putting players in the shop window around europe without going mental and buying a debt ridden club

  We've no evidence that any money thus far has been pumped in let alone millions.....we've been promised the CVA will be paid,  lets imagine that the club has say scraped together 400/500K ....sale of Lukey Dukey for instance.....then the Portugeezers buy in for say a further 500K, its not exactly big bucks by football standards.....I daresay Rufus after a few seasons  with his nose in the trough might have put in a say 200K

They have said St Modwen will be paid also as well as "any other long term debts" - again this is from the trust letter and is a direct quote from Jim Little.  Why would he call a meeting with supporters groups on his 1st day to simply make things up?