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Author Topic: New beginnings - Fresh Start  (Read 344346 times)
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« Reply #2160 on: Wednesday, September 28, 2022, 06:04:17 »

Well should the club decide to go for early kick offs, that is me done with my ST. I cannot possibly take half a day off without pay on a Saturday. As it is I lose 2 1/2 hours money just to get to a 3pm kick off. Add in the ST. Add in the fuel as I work out of town, would just make it unviable.

Yeah I get that. I've not seen anywhere that says Swindon is even thinking about it though.

Just trying to make commercial sense of those that are.
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Pookemon

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« Reply #2161 on: Wednesday, September 28, 2022, 06:57:24 »

Yeah I get that. I've not seen anywhere that says Swindon is even thinking about it though.

Just trying to make commercial sense of those that are.
That's my point I just can't see how it is for any league club.   Lower down the food chain it's a no brainer though so there inevitably is a tipping point. 
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DMC

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« Reply #2162 on: Wednesday, September 28, 2022, 08:41:58 »

Hearing the debentures should be sorted very soon too which if i am right makes us debt free apart from the interest free FL grant. Some achievement if that is the case
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Jimmy QuitMoaning

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« Reply #2163 on: Wednesday, September 28, 2022, 09:08:42 »

If early kick offs were introduced over the winter surely they could start at 1:30 as opposed to midday.
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« Reply #2164 on: Wednesday, September 28, 2022, 09:15:01 »

Hearing the debentures should be sorted very soon too which if i am right makes us debt free apart from the interest free FL grant. Some achievement if that is the case
Thats great news and opens up the brighter future of the club long term.
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« Reply #2165 on: Wednesday, September 28, 2022, 09:25:33 »

Are these the same debentures that Power was charging the club £14,000 a month interest which previous owners charged nothing for ?
We have certainly moved on a long way since those days.  Smiley
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« Reply #2166 on: Wednesday, September 28, 2022, 11:16:03 »

Hearing the debentures should be sorted very soon too which if i am right makes us debt free apart from the interest free FL grant. Some achievement if that is the case

It would indeed be good news, but not debt free I doubt, just no long term debts to the external parties identified at the takeover.  I would very much doubt the investment to pay those debts off has been achieved purely through revenue.  Likely we now owe Morfuni directly.  Hopefully those are interest free Directors Loans and remain unsecured.
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« Reply #2167 on: Wednesday, September 28, 2022, 11:37:08 »

Yeah, I guess it's the terms that are important

But it's got to be good Clem/the club have found the money to get rid even if it's turned to other debt.
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Posh Red
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« Reply #2168 on: Wednesday, September 28, 2022, 11:46:22 »

I can't see it being commercially viable.   Even just thinking about Corporate tickets, who wants a 3 course sit down meal at 10.00 in the morning?  Not forgetting lost bar sales and harder for away fans to attend.

I think you could watch on Ifollow too (legally) which will lose a few in the ground but may gain a few who can't normally go.

Bacon butties before the game with a full meal after would get over the corporate issues.

As for away fans, when most teams are bringing less than 200 thatís not going to make a lot of difference.

Bear in mind that we did this a couple of times last season (Rovers & Port Vale in the playoffs) albeit not being the clubs choice.

For those of us that travel a fair distance it means an early start, but we also get home at a reasonable time on a Saturday night meaning the evening isnít a write off.
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Posh Red
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« Reply #2169 on: Wednesday, September 28, 2022, 11:47:31 »

Are these the same debentures that Power was charging the club £14,000 a month interest which previous owners charged nothing for ?
We have certainly moved on a long way since those days.  Smiley

Yeah, but if the rumours are true heíd sold them on to another party
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« Reply #2170 on: Wednesday, September 28, 2022, 12:29:17 »

Yeah, I guess it's the terms that are important

But it's got to be good Clem/the club have found the money to get rid even if it's turned to other debt.


Alternatively Clem could have noted what the detailed review of historical accounts has revealed and made a quiet call to Power asking him he wanted the money to settle them placing in his current account or the Fiji Account (for you Ghosts fans out there!)
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DMC

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« Reply #2171 on: Wednesday, September 28, 2022, 14:02:05 »

It would indeed be good news, but not debt free I doubt, just no long term debts to the external parties identified at the takeover.  I would very much doubt the investment to pay those debts off has been achieved purely through revenue.  Likely we now owe Morfuni directly.  Hopefully those are interest free Directors Loans and remain unsecured.
They are interest free and unsecure i think, sure he mentioned it on a call in
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Legends-Lounge

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« Reply #2172 on: Wednesday, September 28, 2022, 14:27:13 »

Yeah I get that. I've not seen anywhere that says Swindon is even thinking about it though.

Just trying to make commercial sense of those that are.

I get that, just bitching about my special case 😁 in advance of the club even thinking about it yet alone putting out the feelers to gauge fans reaction.
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The Artist Formerly Known as Audrey

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« Reply #2173 on: Wednesday, September 28, 2022, 18:23:57 »

So, deposit for CG purchase to be done 31st January. Balance 6 months later.

Presume roof on the Bank is first up.
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« Reply #2174 on: Wednesday, September 28, 2022, 20:08:12 »

So, deposit for CG purchase to be done 31st January. Balance 6 months later.

Presume roof on the Bank is first up.

Anything less than a complete demolition and rebuild of Stratton Bank is simply polishing a turd IMO.
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