New beginnings - Fresh Start

[Lash_sumthin]

Nothing that wasn't touched upon above & documented in note 9 for the 2020 restatement

Stuff incorrectly recorded [I think it plays as below]

LP 2020 P&L                                       (12,856,053)
Loan recorded as income                          (119,800)
Recruitment costs that were not...              217,145
Misidentified deductible costs                     364,706
CM 2020 P&L                                     (12,394,002)

and then 2021 is pre Clem anyway with the big change on creditors due within the year being taxation [HMRC I assume]

[Batch]

I guess what I am really asking is when the debts recorded by the advisory board are paid off, are we really debt free.

It is there still circa 4M left

[Samdy Gray]

To some extent there will always be some debt, no doubt the money that Clem has invested will be structured as a loan.

[The Artist Formerly Known as Audrey]

Might as well put this here

‘Pakistan Football Ultras

A training camp was held by @Official_STFC coaches in Karachi to select at least 2 talented players and train them at @AcademySTFC 👏

Hopefully, they will improve with modern training & learn it the Swindon way 😉

@mak_asif

More: youtube.com/watch?v=U7anUI…

#PakistanFootball

[Batch]

this sounds in no way dodgy

[Boeta]

The Austin/Hart involvement/ownership of the club suggests this is not all going to end well, despite an enjoyable season in the main.

[RWB Robin]

Interesting question, where the energy for this partnership is coming from; and why there was not some exploration of the potential of the existing link between the Community Foundation and Livingston, Zambia. Partnerships of this kind can be really, really good for both partners, but there are pitfalls too.....

[ThreeDrawsMentality]

The Austin/Hart involvement/ownership of the club suggests this is not all going to end well, despite an enjoyable season in the main.

Hart? Who's that?

[Batch]

@boeta - Hart?

RWB - I think I'd understand it more if we were on level footing financially.. Well sort of. Don't get why it's a priority now. And a former money launderer linking with Pakistan makes me nervous.

probably hopefully a rediculous paranoid overreaction. I genuinely hope so

[theakston2k]

this sounds in no way dodgy

Parent that pays the most money gets the visa… sorry I mean opportunity. Hopefully just our years of financial mismanagement making us cynical.

[STFC_Manc]

The Austin/Hart involvement/ownership of the club suggests this is not all going to end well, despite an enjoyable season in the main.

Who is this Hart? I'm not sure what you are trying to imply, what has Rob/Clem done to make you think that.

[theakston2k]

Hart? Who's that?

Guessing he’s referring to Adam Hart….

[STFC_Manc]

Interesting question, where the energy for this partnership is coming from; and why there was not some exploration of the potential of the existing link between the Community Foundation and Livingston, Zambia. Partnerships of this kind can be really, really good for both partners, but there are pitfalls too.....

As this is being lead by Zavier, assume he has contacts in Pakistan, which is why that country has been chosen?

[RWB Robin]

RWB - I think I'd understand it more if we were on level footing financially.. Well sort of. Don't get why it's a priority now. And a former money launderer linking with Pakistan makes me nervous.

probably hopefully a rediculous paranoid overreaction. I genuinely hope so
[/quote]

I agree it is odd timing and the club has no history of overseas engagement of this sort (where some lower league clubs have). I have some experience of developing these links, including some involvement with the Zambia link, and, in the right context, and with careful planning at both ends, they can be excellent; but they can also be a disaster.

[Boeta]

Guessing he’s referring to Adam Hart….

Yep.