New beginnings - 25% Truth, 80% Bollocks

[MangoRed]

Another poor stunt from the club this.

We had a season ticket last season and went to nearly all of the aways... some people attended every game, home/away in every single competition, yet they need to purchase a ticket for an overpriced meaningless friendly game?

Surely a better way to allocate these tickets would be through the loyalty points from away games last season (as what else do we have to base it off)? Then throughout the season, for other games with small allocations, you actually make use of the loyalty points.

[reeves4england]

That's good to see, BUT...

surely if you buy 4 away tickets for 4 people in your network then all 4 should get loyalty points. Which isn't how it reads

I'm sure that will be cleared up.

Apparently they've said each individual will get 10 points in this instance. Think the article was trying to explain that the purchaser wouldn't get 4x points but could have been worded more clearly.

[Batch]

if that's what they meant then that's perfect

[Bob's Orange]

Another poor stunt from the club this.

We had a season ticket last season and went to nearly all of the aways... some people attended every game, home/away in every single competition, yet they need to purchase a ticket for an overpriced meaningless friendly game?

Surely a better way to allocate these tickets would be through the loyalty points from away games last season (as what else do we have to base it off)? Then throughout the season, for other games with small allocations, you actually make use of the loyalty points.

I do actually agree with you here, I think what would have gone down really well with fans would have been for the club to have made a big deal about how well the club was supported last season and rewarding those loyal fans with the opportunity to get priority tickets and merchandise etc. So those fans that had Season Tickets last season and went to all the away games get the most points down to fans that went to 1 or 2 games.

I think whilst of course the club want to get fans to go to the Cardiff game, using it as a way to guarantee loyalty points isn't right.

The club had a chance to implement the loyalty points system and make a huge deal about last season's support, getting fans onside before the season starts, and I think they have missed a bit of a trick here. It almost seems like this Cardiff friendly thing seemed like the easiest thing to do. Just seems like not a lot of thought went into it. 

[Shrivvy Road]

Court case should be concluded today hopefully so that is good. My understanding is that if it goes in ABLES favour we pay the £100k if it goes in our favour then Mr Curran is £100k out of pocket and really annoyed with Mr Power

[Posh Red]

Another poor stunt from the club this.

We had a season ticket last season and went to nearly all of the aways... some people attended every game, home/away in every single competition, yet they need to purchase a ticket for an overpriced meaningless friendly game?

Surely a better way to allocate these tickets would be through the loyalty points from away games last season (as what else do we have to base it off)? Then throughout the season, for other games with small allocations, you actually make use of the loyalty points.

Agreed

If I can’t get a ticket for the first game because I can’t make it to a meaningless lunchtime friendly then I won’t be amused.

[The Million Pound Man]

Agreed

If I can’t get a ticket for the first game because I can’t make it to a meaningless lunchtime friendly then I won’t be amused.

hopefully they correct this stupid decision, if not i reckon buying a £2 kids ticket with no intention of using could remedy the problem.

[ChalkyWhiteIsGod]

Another poor stunt from the club this.

We had a season ticket last season and went to nearly all of the aways... some people attended every game, home/away in every single competition, yet they need to purchase a ticket for an overpriced meaningless friendly game?

Surely a better way to allocate these tickets would be through the loyalty points from away games last season (as what else do we have to base it off)? Then throughout the season, for other games with small allocations, you actually make use of the loyalty points.

Agree. You have to reset the points at some point but binning them all off at the end of the season seems stupid.

[ChalkyWhiteIsGod]

Court case should be concluded today hopefully so that is good. My understanding is that if it goes in ABLES favour we pay the £100k if it goes in our favour then Mr Curran is £100k out of pocket and really annoyed with Mr Power

any update on this?

[Batch]

They have always been binned at the end of the season - or should have been.

Last season the points system as dysfunctional. Can't use last seasons points as inconsistencies and plain errors make them useless.

Not sure I agree with a nothing friendly being used though. But I'm not going to Harrogate (or probably Cardiff) so it doesn't much matter directly.

[The Million Pound Man]

this is the sort of scenario id envisage a supporters trust should be all over, ideally.

[tans]

https://www.swindonadvertiser.co.uk/news/20264288.swindon-towns-100-000-loan-able-was-sham-court-hears/?ref=fbshr&fbclid=IwAR18rk4lXE2Vn2IMMWjXBxBLCPL3DxuUpfVXDszwWUHOEk04iSALklzcXZk

[Berniman]

https://www.swindonadvertiser.co.uk/news/20264288.swindon-towns-100-000-loan-able-was-sham-court-hears/?ref=fbshr&fbclid=IwAR18rk4lXE2Vn2IMMWjXBxBLCPL3DxuUpfVXDszwWUHOEk04iSALklzcXZk

Can you paste the whole piece, for some reason I can't see any adver posts in full now and when i try to log in the site takes me in a loop..

[tans]

An agreement that saw an American company “loan” Swindon Town £100,000 was a “sham” and was actually a “deposit” to purchase the club, a court has heard.

Swindon Town FC is currently defending itself from a winding-up petition brought by AC Sports Wiltshire LLC, also known as Able.

It claims the club should have repaid the money, agreed by former chairman Lee Power in November 2019.

Mr Power had agreed the £100,000 loan to reimburse himself after he was forced to pay staff wages, Adam Deacock, on behalf of the petitioner, had said.

But in a virtual hearing at the Insolvency and Companies Court in London on July 7, representatives for the club hit back and claimed that the deal was a “sham” and actually a “non-refundable deposit” to place a bid to buy the club.

Deputy ICC Judge Stephen Baister will consider whether the matter is a “triable issue”, and hand down his ruling in the next ten to fourteen days.

Earlier, he had been told by Mr Deacock that the loan, signed off by former STFC chief executive Steve Anderson at Mr Power’s behest, was to pay staff salaries and other overhead costs, but must not be used to pay other creditors.

But in February the following year, when the loan was due for repayment, Mr Power called Bill Keravuori, Able’s boss, to say that the club’s financial position had worsened and that he couldn’t repay the money.

“It was agreed the money could be treated as a deposit against a purchase,” Mr Deacock told the court. “It was also agreed it wouldn’t be deemed repayable in the event [Able] pulled out, but it wasn’t agreed if the company couldn’t or wouldn’t sell, it could keep the money.”

Clem Morfuni was to later buy the club, despite Mr Power wanting to sell to Able, he added.

Representing the club in the four-hour hearing, David Eaton Turner said that the agreement wasn’t followed to the letter as the loan had been used to repay Mr Power for the payment of the ages, who would be considered a creditor.

He continued: “We are faced with the situation a loan supposedly made to the company was adopted by Mr Power for his own purposes. It came in and went straight out again for purposes we don’t know of.”

Mr Eaton Turner then moved onto a statement made by Mr Keravuori, in which he said “preliminary due diligence” began over purchasing the club in November 2019, and was agreed in early December. The club paid £100,000 to progress this.

“We aren’t talking about a different £100,000,” he said.

“This casts serious doubt about what is being said about the loan or the deposit. This is the clearest evidence of what the £100,000 went to.”

But he added that the court was “putting an impossibly high onus on the company” to provide documentation, considering Mr Morfuni and his team “found the cupboards bare” when they took over.

Judge Baister is not deciding on the petition at this stage, simply whether “sufficient doubts” have been raised by the club.

Mr Eaton Turner claimed in his submissions that a winding-up petition was not suitable for this dispute, adding there was improper motive and that the purpose of the petition was “to get control of the club”.

But Mr Deacock hit back: “This is the only way we’re ever going to be paid.

“[£890,000] has been pumped into the company to pay everyone bar us.

“The fact of the matter is they have picked and chosen who they wish to pay.

“We as creditors wish to secure our rights, because we have an undisputed debt.”

[TheDukeOfBanbury]

Another poor stunt from the club this.

We had a season ticket last season and went to nearly all of the aways... some people attended every game, home/away in every single competition, yet they need to purchase a ticket for an overpriced meaningless friendly game?

Surely a better way to allocate these tickets would be through the loyalty points from away games last season (as what else do we have to base it off)? Then throughout the season, for other games with small allocations, you actually make use of the loyalty points.

Went to every home and away game last season.
Busting a gut to go to Harrogate as return from holiday the same day.

No intention of going to a friendly but hey ho this is the way they want to treat their loyal supporters that make a 160 mile round trip to every home game.
Sure I get there are winners and losers in every decision but this decision wrong on all accounts from the Club.

Slowly starting to get fucked off with the Club.