Reeves for King
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« Reply #75 on: Monday, December 3, 2007, 23:26:59 » |
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This is going to shag us getting a new manager.
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here's the man himself when you need him?
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WorcesterRed
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« Reply #76 on: Tuesday, December 4, 2007, 08:08:43 » |
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Fitton is a set up by Wills and Diamandis
Never intended a takeover
Powers fault .. youre having a laugh Funnily enough, in the back of my mind, I was thinking something very similar. Saturday's interview he said he wasn't being held to ransom - implying SSW etc - Monday's interview, lo and behold, Bill Power gets bought up into conversation....... |
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Peter Venkman
Past glories motivate us when times are bleak.
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Perfection is not attainable
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« Reply #77 on: Tuesday, December 4, 2007, 09:11:43 » |
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Well it seems Mr Power is happy to talk to Fitton over the deal...quote from todays adver-
FORMER Town investor Bill Power would welcome the chance to settle his dispute with the club out of court, if it means the rapid resolution of Andrew Fitton's takeover.
Fitton yesterday revealed the debate over whether Power purchased shares or loaned money to the club has resulted in a legal problem surrounding the takeover.
The Advertiser understand Power would be happy to reach an amicable agreement' if he gets his money back, giving the green light to the deal.
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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WorcesterRed
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« Reply #78 on: Tuesday, December 4, 2007, 09:45:06 » |
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Well it seems Mr Power is happy to talk to Fitton over the deal...quote from todays adver-
FORMER Town investor Bill Power would welcome the chance to settle his dispute with the club out of court, if it means the rapid resolution of Andrew Fitton's takeover.
Fitton yesterday revealed the debate over whether Power purchased shares or loaned money to the club has resulted in a legal problem surrounding the takeover.
The Advertiser understand Power would be happy to reach an amicable agreement' if he gets his money back, giving the green light to the deal. Begs the question - why did it appear yesterday as a problem - in other words, why the fuck didn't someone try and contact BP when they knew that this issue arose, PRIOR to blurting it out in the Adver, thus (one assumes) trying to pass the buck to BP should the takeover fail. The whole thing stinks - at the end of the day, there is no way on this earth that just as the deal is about to be signed, something like this has arisen. If it is an issue, (which it clearly is of mammoth proportions), it has always been an issue which begs the question - why has this come out so late in the day? Very clever politicking (sp)/spin on someone's part - just can't work out who. |
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Batch
Not a Batch
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« Reply #79 on: Tuesday, December 4, 2007, 10:03:19 » |
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If somebobdy gave Power his £1.2m back then it was never going to be a problem was it? It's what Power wanted, so why would he turn it down!
What we don't know is whether this (£1.2m) is being offered, or a compromise amount , or nothing at all and the legals are working to nullify the SPD deal.
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Phil_S
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« Reply #80 on: Tuesday, December 4, 2007, 10:28:44 » |
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At a TRUST meeting in May (or June), Mike Wilkes said about the BEST bid, "what exactly are they buying ?". It turns out they were going to purchase shares in the Football club. In other words if Bill was supposed to own shares in the holding Company, how come they were selling off the holding Co's major asset (The football club) without consilting all shareholders
Jim Little was asked about Bill P's supposed shares in the holding Co, & said that Mike D was dealing with it. My take was that they were just going to use there majority share holding to railroad the thing through, & not give Bill any say in the matter. Now it appears that they have a similar problem with SPD, but the "Mikey D will deal with it" line isn't working any more.
What I'm trying to say is that, from the outside anyway, people have been aware of this from early summer.
Fortunately, Bill P is a reasonable guy & as reported (above) is willing to cut a deal. It's really a case of weather the current owners are willing to sell, & is Fitton willing to do a deal with Bill,
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From the Dark Side
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Phil_S
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« Reply #81 on: Tuesday, December 4, 2007, 10:30:21 » |
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At a TRUST meeting in May (or June), Mike Wilkes said about the BEST bid, "what exactly are they buying ?". It turns out they were going to purchase shares in the Football club. In other words if Bill was supposed to own shares in the holding Company, how come they were selling off the holding Co's major asset (The football club) without consilting all shareholders
Jim Little was asked about Bill P's supposed shares in the holding Co, & said that Mike D was dealing with it. My take was that they were just going to use there majority share holding to railroad the thing through, & not give Bill any say in the matter. Now it appears that they have a similar problem with SPD, but the "Mikey D will deal with it" line isn't working any more.
What I'm trying to say is that, from the outside anyway, people have been aware of this from early summer.
Fortunately, Bill P is a reasonable guy & as reported (above) is willing to cut a deal. It's really a case of weather the current owners are willing to sell, & is Fitton willing to do a deal with Bill,
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From the Dark Side
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STFC Bart
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« Reply #82 on: Tuesday, December 4, 2007, 10:34:03 » |
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Sorry folks but i just do not buy this at all.
How can Power be the stumbling block- surely Fitton, his lawyers and the board have known about this issue with the shares/loan status of his investment since the beginning or am i missing something- how can this be a last minute hitch??
Think maybe the board are lining up Power as the bad guy and a scapegoat should the takeover fall through.
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WorcesterRed
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« Reply #83 on: Tuesday, December 4, 2007, 10:36:33 » |
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Sorry folks but i just do not buy this at all.
How can Power be the stumbling block- surely Fitton, his lawyers and the board have known about this issue with the shares/loan status of his investment since the beginning or am i missing something- how can this be a last minute hitch??
Think maybe the board are lining up Power as the bad guy and a scapegoat should the takeover fall through. Exactly my take on it...... |
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red macca
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« Reply #84 on: Tuesday, December 4, 2007, 12:32:46 » |
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Fuckin hell always a conspiracy isn't there
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Phil_S
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« Reply #85 on: Tuesday, December 4, 2007, 12:39:43 » |
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That may be the case, but it won't wash with anyone except for the very naive. One would have thought that the due dilligence would have thrown it up, but may be the current lot said something along the lines of Mikey D is sorting that out so don't worry (What they said to Jim Little). Lets face it, Sturrock was under the impression that Bill P has no money & didn't put anything into the club!
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From the Dark Side
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red macca
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« Reply #86 on: Tuesday, December 4, 2007, 12:39:43 » |
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Fuckin hell always a conspiracy isn't there
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Batch
Not a Batch
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« Reply #87 on: Tuesday, December 4, 2007, 14:17:25 » |
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Fuckin hell always a conspiracy isn't there They've got to you haven't they? I'm wrapping my head in tinfoil, that'll stop Diamandis mind altering rays. You can never be too careful. |
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flammableBen
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« Reply #88 on: Tuesday, December 4, 2007, 15:43:30 » |
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I'm with batch. Although does cling film work? I think we're out of tinfoil.
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Fred Elliot
I REST MY FUCKING CASE
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« Reply #89 on: Tuesday, December 4, 2007, 17:10:19 » |
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I'm with batch. Although does cling film work? I think we're out of tinfoil. We are out of both so I am using Christmassy kitchen roll I look like Santa Singh |
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