Batch
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« Reply #660 on: Monday, November 23, 2020, 14:20:29 » |
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Clem confirmed as Director of Swinton Reds and Seebeck on 20th November.
Not claiming any ITK nonsense, just an update on Companies House today.
Good spot. Not the FC though. |
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horlock07
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« Reply #661 on: Monday, November 23, 2020, 14:25:20 » |
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Good spot.
Not the FC though.
Not much of a spot TBH, if anything changes or is uploaded Companies House sends me an email! |
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That Nestor Lorenzo Heade
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« Reply #662 on: Monday, November 23, 2020, 14:31:36 » |
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I reckon a takeover of the club will be announced very soon, with the departure of LP and new owners coming in.
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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 #663 on: Monday, November 23, 2020, 14:37:49 » |
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I reckon a takeover of the club will be announced very soon, with the departure of LP and new owners coming in.
I believe this to be close to what will happen too. |
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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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Flashheart
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« Reply #664 on: Monday, November 23, 2020, 14:40:29 » |
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A good time for a takeover as well. It gives the new guys a transfer window to play with (assuming they have money).
Unless we are up to the limit, of course.
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The Grim Reaper
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« Reply #665 on: Monday, November 23, 2020, 14:41:58 » |
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I reckon a takeover of the club will be announced very soon, with the departure of LP and new owners coming in.
The return of Jed and his Merry men? |
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Boy About Town
Pricko
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« Reply #666 on: Monday, November 23, 2020, 14:46:36 » |
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I have it on good terms that Jed is coming back.
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Now, ain't that just like me?
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Audrey
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?Absolute Calamity!?
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« Reply #667 on: Monday, November 23, 2020, 14:48:32 » |
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I know a good sniper
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Matchworn Shirts
For Sale
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« Reply #668 on: Monday, November 23, 2020, 14:50:45 » |
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Roooaaarr
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Boeta
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« Reply #669 on: Monday, November 23, 2020, 15:01:49 » |
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I believe this to be close to what will happen too.
Pure speculation of course but any ideas who new owners would be? Does Clem want to be owner? Does Standing? Does Barry? If the club is sold this month, what does that mean for the Standing/Barry claim? |
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Batch
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« Reply #670 on: Monday, November 23, 2020, 15:17:36 » |
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questions most of us would like to know. Especially as Power says he's out of cash (interview a couple of weeks ago)
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horlock07
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« Reply #671 on: Monday, November 23, 2020, 15:19:41 » |
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If the club is sold this month, what does that mean for the Standing/Barry claim?
Assuming the sale goes through I would suspect it would cease to be our problem, more an argument between Standing and Power. questions most of us would like to know. Especially as Power says he's out of cash (interview a couple of weeks ago)
Be interesting to see if (when) a takeover goes through, especially if bailout cash from the PL is likely shortly? |
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Audrey
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« Reply #672 on: Monday, November 23, 2020, 15:23:09 » |
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As things stand, Power can only sell 85% of the club - unless Clem wants to sell his bit as well. Barry/Standing will want whatever their involvement merits.
Getting an agreement that is agreeable to all parties would seem difficult. Therefore, I’d guess that the most likely outcome would be Power to sell his 85% to one or both of the other parties involved.
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Flashheart
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« Reply #673 on: Monday, November 23, 2020, 15:30:52 » |
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... or just sell enough for somebody else to become the controlling shareholder. He strikes me as the type to want to keep his fingers in as many pies as possible.
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horlock07
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« Reply #674 on: Monday, November 23, 2020, 15:33:44 » |
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As things stand, Power can only sell 85% of the club - unless Clem wants to sell his bit as well. Barry/Standing will want whatever their involvement merits.
Getting an agreement that is agreeable to all parties would seem difficult. Therefore, I’d guess that the most likely outcome would be Power to sell his 85% to one or both of the other parties involved.
WHat was the American offer that Power wanted to accepted, was it £7.5m, on that basis he will be looking for £6.4mish for his share, not seen any evidence that Clem has that sort of cash to throw around and whilst Barry/Standing might have they have never seemed that interested bar getting their money back rather than putting more in. Add to that the current uncertainty in the business (despite what Johnson may or may not be saying) its quite an investment for an asset poor football club not really going anywhere, OK there is the ground but that means adding in another £1m+ for possible development potential, and there is not a huge amount of land with the ground for development. |
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