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bashful01
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« Reply #30 on: Monday, December 3, 2007, 13:19:20 » |
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Even if it were to be allowed the sale of the development SHOULD be used to offset the cost of the ground and investment in the team and the club for the future...
Will that be the case though...
Seriously doubt it ..
Any monies that are gained out of it will go to those that have skimmed money out of the club for years, the ones that built a monumental pile of debt in order to skim still more off the top of the club, whilst all along knowing that they are going to bust the company to rid themselves of all debt and now when they have drilled it into the ground, they expect to be entitled to funds from the development ...
CRAP ! ! ! !
Surely fraud maybe the Police, The FA and the DTI should look at this more closely...
Shocking I say
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Frigby Daser
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« Reply #31 on: Monday, December 3, 2007, 13:50:46 » |
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given that some people on here seemingly have close links to BP, anybody care to enlighten us as to how he'd approach this?
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Samdy Gray
Dirty sneaky traitor weasel
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« Reply #32 on: Monday, December 3, 2007, 16:26:25 » |
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Got to love this comment on the Adver story:
"just take the loan necessities the simple loan neccesities forget about Diamandis and the like, just take the loan necessities out of Mikey's recipes and tell the greasy greek to get on his bike"
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Frigby Daser
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« Reply #33 on: Monday, December 3, 2007, 19:22:58 » |
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given that some people on here seemingly have close links to BP, anybody care to enlighten us as to how he'd approach this? Anybody? |
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Simon Pieman
Original Wanker
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« Reply #34 on: Monday, December 3, 2007, 19:27:23 » |
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Everybody! SCREAM!
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OneAndrewFitton
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« Reply #35 on: Monday, December 3, 2007, 20:01:50 » |
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What if this is a smokescreen to blame Power for a failed takeover? Wouldn't put it past this lot.
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Batch
Not a Batch
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« Reply #36 on: Monday, December 3, 2007, 20:20:50 » |
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Why would Fitton play along to the smokescreen? He doesn't need to justify his reasons should he pull out of a deal. He owes the board no favours. A conspiracy theory too far for me.
I do understand why the spidey sense is tingling though. Seems odd to point the sticking point in Power's direction if the legals haven't even contacted him yet. And why does allegedly owning 23% (?) of the holding company influence things? Surely the alleged 23% of the 50% of Shaw Properties isn't enough to influence things? Is it to prevent Power from claiming 11.5% of future redevelopment profits if he loses the court case?
I guess I don't understand, and even if I did it makes no difference, we just have to wait and see.
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OneAndrewFitton
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« Reply #37 on: Monday, December 3, 2007, 20:31:21 » |
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I know i am probably wrong but you cannot help but think of a conspiracy theory with these people, they seem to ruin everything and blame it all on other people.
They don't like Bill Power and for them he would be the perfect person to blame to make him look like a bad guy to the fans.
I don't know much about the current situation, i just hope it finally get's sorted this week.
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Maverick
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« Reply #38 on: Monday, December 3, 2007, 20:53:35 » |
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Fitton has made it pretty clear the new people want "all or nothing". Everything under one roof.
IF it is now the case that the club want to say that it is a loan then that ends the court action presumably and any costs are against the club.
IF the club is still trying to say it is shares then the court case goes ahead or Bill withdraws the action and picks up any costs, and SSW has to negotiate a price for the shares with Bill.
IF nobody can agree and Fitton walks away then SSW gets nothing and so does Bill as inevitably the future would non-existent.
So it would seem the message to SSW and Bill would be ... agree a price around the development rights and the £1.2m pretty damn quick or both end up empty-handed. Better to swallow pride and take something (whatever the rights and wrongs are), than to end up with no club and no prospect of any money.
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OneAndrewFitton
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« Reply #40 on: Monday, December 3, 2007, 21:37:06 » |
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Having spoken to a few people about this today, a few people think that this matter seems a bit iffy, especially bringing it up at the last minute like this, some people seem to think that they are just using Bill Power as a scapegoat because they know that this takeover is not going to go through and obviously Power could be used as the fall guy.
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fatbury
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« Reply #41 on: Monday, December 3, 2007, 21:51:54 » |
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Fitton is a set up by Wills and Diamandis
Never intended a takeover
Powers fault .. youre having a laugh
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STFC4LIFE
Fence Fucker
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« Reply #42 on: Monday, December 3, 2007, 21:54:16 » |
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Fitton is a set up by Wills and Diamandis
Never intended a takeover
Powers fault .. youre having a laugh Tell me your fishing. You can't seriously think that. |
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OneAndrewFitton
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« Reply #43 on: Monday, December 3, 2007, 21:57:12 » |
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If the takeover collapsed and the board blamed Power some people would believe it and blame Power as well but most of us know that Bill Power has the club's best interest's at heart.
He would never do anything to make STFC fold, in my opinion he seems like a good man and businessman and no matter what the board say i wouldn't blame Power for anything, the board would be held responsible no matter what crap they come out with.
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Bushey Boy
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« Reply #44 on: Monday, December 3, 2007, 22:01:53 » |
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Im so glad I wont be online for 2 days as the amount of people who think they understand business at this level is a joke.
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