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Author Topic: New beginnings - Fresh Start  (Read 405185 times)
Posh Red
Posh by name, Posh by nature

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« Reply #2205 on: Friday, September 30, 2022, 17:12:59 »

Didn’t Power claim he had taken on the debenture or am I imagining that?

I believe he did and then sold them to someone else
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The Artist Formerly Known as Audrey

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?Absolute Calamity!?




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« Reply #2206 on: Friday, September 30, 2022, 17:16:39 »

Did The Slug ever take over that Albanian club?
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Leggett
Do you like popsicles?

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« Reply #2207 on: Friday, September 30, 2022, 19:16:18 »

Top fucking work, that man.
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Nemo
Shit Bacon

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« Reply #2208 on: Monday, October 3, 2022, 11:39:24 »

https://www.swindontownfc.co.uk/news/2022/october/town-take-huge-step-towards-financial-security/?fbclid=IwAR1JmhMwWnjKf694ofi04PntLY6axCTXVUHkxecfTWoNRvKj2q2YQzg49ew

Debenture clearance announced. Excellent news that.
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4D
Or not 4D that is the question

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I can't bear it 🙄




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« Reply #2209 on: Monday, October 3, 2022, 11:44:46 »

 Too Cool
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Batch
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« Reply #2210 on: Monday, October 3, 2022, 11:48:59 »

It's the Eady trust funding the whole purchase of the ground, or just the club half?

I guess the community share scheme won't be affected either way, but it's nice to know how close we are to buying (I know a deposit is due soon).

Probaby this unlocks potential ground redevelopment in the long run too.



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horlock07

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« Reply #2211 on: Monday, October 3, 2022, 11:51:36 »

No points deduction from the EFL?

Can one assume that any censure has been directed towards the instigators rather than the club, or have the club been clobbered for a few quid as well?
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DMC

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« Reply #2212 on: Monday, October 3, 2022, 12:02:37 »

Can one assume that any censure has been directed towards the instigators rather than the club, or have the club been clobbered for a few quid as well?
Looks like a fine, just how much to be decided
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Nemo
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« Reply #2213 on: Monday, October 3, 2022, 14:10:12 »

It's the Eady trust funding the whole purchase of the ground, or just the club half?

I guess the community share scheme won't be affected either way, but it's nice to know how close we are to buying (I know a deposit is due soon).

Probaby this unlocks potential ground redevelopment in the long run too.





Trust statement seems to suggest both halves, which would be fantastic. Imagine Community Share scheme then becomes a maintenance/ground improvements fund.

Put Nigel on the list for a statue I reckon.
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JanAirplaneMan

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« Reply #2214 on: Monday, October 3, 2022, 14:11:29 »

It's the Eady trust funding the whole purchase of the ground, or just the club half?

I guess the community share scheme won't be affected either way, but it's nice to know how close we are to buying (I know a deposit is due soon).

Probaby this unlocks potential ground redevelopment in the long run too.

Eady trust funding 100% yes but this wont impact fans buying shares in the CG,  details to follow soon


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The Artist Formerly Known as Audrey

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« Reply #2215 on: Monday, October 3, 2022, 14:13:32 »

Absolutely brilliant! Wonder how hard The Slug tried to get his slimy hands on it.
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DMC

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« Reply #2216 on: Monday, October 3, 2022, 14:18:42 »

Absolutely brilliant! Wonder how hard The Slug tried to get his slimy hands on it.
Very, and not totally sure he was left empty handed in the end but we move on
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« Reply #2217 on: Monday, October 3, 2022, 14:26:41 »

@jan

Thanks. Great news.
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Power to people

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« Reply #2218 on: Monday, October 3, 2022, 15:04:59 »

So does this means the debt is removed from hanging over the club which is good news, but is now owed to Clem ? which I'm sure he wont get a lot of it back until he sells the club one day.

I see there is no mention of Arbib & Black in the statement, as you would imagine being businessmen they would have come to an amicable agreement so they get some money now or did they sell on this debenture to Power & his crony's afterall ?

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horlock07

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« Reply #2219 on: Monday, October 3, 2022, 15:27:36 »

Its quite interesting to look back at the history of debentures and charges associated with the club, I see we had a Debenture that Hoddle was the entitled party in 1991?

https://find-and-update.company-information.service.gov.uk/company/00053100/charges?page=1
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