New Manager Thread

[DiV]

for me, the 2nd in charge never has the same impact and rarely works. this season is almost already a write off in terms of promotion momentum and a top 10 finish.

we have to stay up though and can not get back to league 2 at any cost. can hunt guarantee that. not sure and i have nothing to base it on except that i think even with wellens it isnt looking brilliant.

new manager will at least spice up a boring looking season.

I can’t imagine there have been many situations where the Assistant Manager has been bought in by the owner rather than by the manager himself.

[BambooToTheFuture]

Well Gobbler's fucking Knob. This is like Groundhog Day isn't it?

I hope Robbie Wellens has got a convenient reason for leaving. The more telling presser will be the Salford one, where he will be spotted inserting around 23, foot long sausages into his gob with "Class of '92" charred onto them.

What a fucking hussy!

We're going in for the unsettled bloke at the other STFC - Sam Rickets.

[pauld]

we have to stay up though and can not get back to league 2 at any cost.

Ordinarily I'd agree,  but not this season, not with COVID. Staying in business is the priority, everything else is secondary. So avoiding relegation is obviously hugely important, but not at any cost. Protecting the business is all important.

[Dr Pierre Chang]

It wouldn’t surprise me if Wright’s fairly recent conviction prevents Salford taking him. Would almost certainly be given press attention given their ownership.

Surely there will be no external appointment until the ownership case anyway...

[Batch]

the talk of 'ownership case'

As I understand it, the one in a few weeks decides whether power owes Clem shares, £1M back or nothing at all.

When is the Stanford/Barry case? is there one?

[Bewster]

Gutted that Wellens has gone after a fantastic season last year although a poor start to this.

I don't think now is the time for an unknown, we aren't an established L1 team so go for a proven track record to keep us in this league with the potential to push on.

Paul Cook springs to mind.

[Nomoreheroes]

We are going round in circles:

- Wellens hasn't officially gone, but it looks that way
- Difficult times, a season that might be curtailed, no money coming in, ownership issues.
- Unclear what back room staff will remain

Caretaker seems likely in the short term. Lets judge them on that period and see what happens.

[JBZ]

We are going round in circles:

This can be said in relation to many other threads.  Are you declaring the debate is now over?

[That Nestor Lorenzo Heade]

the talk of 'ownership case'

As I understand it, the one in a few weeks decides whether power owes Clem shares, £1M back or nothing at all.

When is the Stanford/Barry case? is there one?

Don't think there is any doubt that Clem owns 15% of the club; the forthcoming court case will likely be a summary judgment to confirm this.

[Nomoreheroes]

This can be said in relation to many other threads.  Are you declaring the debate is now over?

Yes.

[JBZ]

Don't think there is any doubt that Clem owns 15% of the club; the forthcoming court case will likely be a summary judgment to confirm this.

Summary judgment is a specific legal term. I don't recall that Axis applied for summary judgment.

[Batch]

Don't think there is any doubt that Clem owns 15% of the club; the forthcoming court case will likely be a summary judgment to confirm this.

If there is no doubt, why is it needed then? What's in it to go to court for Power?

(I genuinly don't understand)

[luckyluke699]

If there is no doubt, why is it needed then? What's in it to go to court for Power?

(I genuinly don't understand)

At the risk of adding 2+2 and getting 5, getting judgement on the manner of the sale could also be a focus for Power.

Sounds like Power's liable for a big (40% CGT) tax bill if the unsigned contract "consideration" mentioned below isn't enforced as part of the sale.


"The sticking point here seems to be that Lee Power would face a substantial capital gains tax bill on the sale of the Swinton shares. He asked for the “consideration” in the share agreement to be revised from £1.1m to just £1.

Axis’ lawyers drafted a revised share agreement and another contract for a £1.1m loan between Axis and Swindon Town but these documents were never signed. To date no share certificate proving Axis’ part-ownership of Swinton has been received, it was said."

https://www.swindonadvertiser.co.uk/news/18463345.swindon-towns-lee-power-taken-court-club-sale/
https://truststfc.tv/wp-content/uploads/2020/05/SwindonTownReview.pdf

[DiV]

We are going round in circles:

- Wellens hasn't officially gone, but it looks that way
- Difficult times, a season that might be curtailed, no money coming in, ownership issues.
- Unclear what back room staff will remain

Caretaker seems likely in the short term. Lets judge them on that period and see what happens.

Wellens was at Salford’s game last night.

[Batch]

Thanks luckyluke699