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Author Topic: Lee Power  (Read 526126 times)
Flashheart

« Reply #1485 on: Wednesday, June 23, 2021, 10:48:37 »

He's being told to prove he can fund the club 'until September', so I'm not sure if the hardship loan would necessarily have to be accounted for.
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The Artist Formerly Known as Audrey

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« Reply #1486 on: Wednesday, June 23, 2021, 11:02:53 »

Message from McGreal saying they are in advanced negotiations with 6 players which he is hopeful to have tied up before August.

Not able to say more due to the ongoing court proceedings.

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Jimmy HaveHave

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« Reply #1487 on: Wednesday, June 23, 2021, 11:05:42 »

All sounds very positive and probably the best we can hope for at the moment.
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Batch
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« Reply #1488 on: Wednesday, June 23, 2021, 11:08:25 »

Quote from: The Artist Formerly Known as Audrey
Not able to say more due to the ongoing court proceedings.

intriguing
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tans
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« Reply #1489 on: Wednesday, June 23, 2021, 11:09:04 »

Reading that statement regarding the signings being in before august but they cant talk about them due to the ongoing court case makes me think this will be done sooner rather than later
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china red

« Reply #1490 on: Wednesday, June 23, 2021, 11:18:22 »

Reading that statement regarding the signings being in before august but they cant talk about them due to the ongoing court case makes me think this will be done sooner rather than later

This was my initial thought
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ThreeDrawsMentality

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« Reply #1491 on: Wednesday, June 23, 2021, 11:21:58 »

This was my initial thought
Same here. Can only think that an embargo would be placed if we were undergoing a takeover. Can't recall anything in the court cases so far that would prevent signings, unless we were planning to pay fees on all 6 of these potential signings and the hardship loan conditions preventing that, but feel that scenario of signing 6 players for free under Power as unlikely!
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Jimmy HaveHave

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« Reply #1492 on: Wednesday, June 23, 2021, 11:22:49 »

Apart from horses and a few properties he purchased with Sherwood what other business is Power involved with that used to take him to the US frequently
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Nemo
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« Reply #1493 on: Wednesday, June 23, 2021, 11:40:45 »

I don't quite understand why they'd be able to announce Wollacott and Sweeney, but not any of the other six?
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horlock07

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« Reply #1494 on: Wednesday, June 23, 2021, 11:42:50 »

I don't quite understand why they'd be able to announce Wollacott and Sweeney, but not any of the other six?

Happy to be corrected here, but weren't they done before the most recent court hearing, I assume something has changed since then.
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Flashheart

« Reply #1495 on: Wednesday, June 23, 2021, 11:44:51 »

My guess is that Clem's in control (financialy or otherwise) in signings from now on.

Hence why they can't be discussed until stuff is done.
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horlock07

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« Reply #1496 on: Wednesday, June 23, 2021, 11:49:48 »

The pessimist in me still fears that we will get it sorted with Clem taking over, all get excited, and then the club will get absolutely clobbered by the FL for the Agent ownership thing!
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Quagmire

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« Reply #1497 on: Wednesday, June 23, 2021, 11:49:50 »

Happy to be corrected here, but weren't they done before the most recent court hearing, I assume something has changed since then.

Correct - both signed before last Tuesdays case.
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Berniman
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« Reply #1498 on: Wednesday, June 23, 2021, 11:59:30 »

I think there is a lot of 2+2=5 happening here.  More likely that Power is holding off handing out the contracts until he sees where the next court hearing takes us - remember his hand changed considerably after the last hearing - signing the 2 initially might have looked like a good idea until he realised that he had scored a massive own goal.

I still don't think this will be resolved ahead of the new season
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FreddySTFC!

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« Reply #1499 on: Wednesday, June 23, 2021, 12:01:51 »

He's being told to prove he can fund the club 'until September', so I'm not sure if the hardship loan would necessarily have to be accounted for.
I assumed that the hardship loan was to cover ongoing wage costs. & that subsequently if Power confirms on Friday that he is able to continue to fund the club then he should be accountable for those costs. Might have that completely wrong mind!
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