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Author Topic: New beginnings - Fresh Start  (Read 224799 times)
Lash_sumthin

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« Reply #1800 on: Friday, May 27, 2022, 13:16:58 »

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]

« Last Edit: Friday, May 27, 2022, 13:22:02 by Lash_sumthin » Logged
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« Reply #1801 on: Friday, May 27, 2022, 13:44:24 »

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
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Samdy Gray
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« Reply #1802 on: Friday, May 27, 2022, 14:03:46 »

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

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« Reply #1803 on: Saturday, May 28, 2022, 16:18:41 »

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

« Last Edit: Saturday, May 28, 2022, 16:28:04 by The Artist Formerly Known as Audrey » Logged
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« Reply #1804 on: Saturday, May 28, 2022, 17:32:40 »

this sounds in no way dodgy
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Boeta

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« Reply #1805 on: Saturday, May 28, 2022, 18:06:26 »

The Austin/Hart involvement/ownership of the club suggests this is not all going to end well, despite an enjoyable season in the main.
« Last Edit: Saturday, May 28, 2022, 18:09:40 by Boeta » Logged
RWB Robin

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« Reply #1806 on: Saturday, May 28, 2022, 18:15:25 »

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.....
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ThreeDrawsMentality

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« Reply #1807 on: Saturday, May 28, 2022, 18:16:58 »

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?
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« Reply #1808 on: Saturday, May 28, 2022, 18:19:28 »

@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
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theakston2k

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« Reply #1809 on: Saturday, May 28, 2022, 18:24:47 »

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.
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STFC_Manc

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« Reply #1810 on: Saturday, May 28, 2022, 18:28:45 »


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.
« Last Edit: Saturday, May 28, 2022, 18:38:12 by STFC_Manc » Logged
theakston2k

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« Reply #1811 on: Saturday, May 28, 2022, 18:28:56 »

Hart? Who's that?
Guessing he’s referring to Adam Hart….
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STFC_Manc

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« Reply #1812 on: Saturday, May 28, 2022, 18:31:13 »



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?
« Last Edit: Saturday, May 28, 2022, 18:37:43 by STFC_Manc » Logged
RWB Robin

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« Reply #1813 on: Saturday, May 28, 2022, 18:50:17 »



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.
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Boeta

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« Reply #1814 on: Saturday, May 28, 2022, 18:59:44 »

Guessing he’s referring to Adam Hart….
Yep.
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