New beginnings - 25% Truth, 80% Bollocks

[Bob's Orange]

Surprised there hasn't been anything reported yet about the court case yesterday. I guess the Adver is too busy with (non) stories about Cider competitions and backup goalkeepers.

[horlock07]

Surprised there hasn't been anything reported yet about the court case yesterday. I guess the Adver is too busy with (non) stories about Cider competitions and backup goalkeepers.

I assume its because in modern times local papers do not send anyone to monitor court proceedings so it will only come out when either a judgement is released or the club release their interpretation.

[Nemo]

https://www.swindontownfc.co.uk/news/2022/november/advisory-board-minutes-for-november-published/

November Advisory Board minutes out.

Think most of the bigger items have already been publicised - U16s policy changes, Armed Forces covenant etc.

These bits were interesting on the Debenture:

● Were the debentures paid personally by Clem?
Yes
● Is the club now in debt to Clem to the tune of £2.95m, and is this on top of the interest-free £1.8m he recently referenced at the advisory board?
Yes
● If so, when will/does Clem expect to be repaid? And is this interest-free? (like the £1.8m)
No repayment date or plans and yes, interest free
● Are we able to know who was in receipt of the debentures payment?
Kirk Rock Project Management
● When is the next set of accounts due for publication?
Feb 2023
● Will the next round of accounts be published in full detail?
Depends on legal matters outstanding. Accounts will be shared with Advisory Board

This seems to be the only company registered at Companies House of that name - https://find-and-update.company-information.service.gov.uk/company/14402772

Only registered six weeks or so ago, so quite possibly not the right people.

[The Artist Formerly Known as Audrey]

.
https://www.kirkrock.co.uk/

[Swindon Please Win]

https://www.swindonadvertiser.co.uk/news/23131738.swindon-town-reveals-winding-up-petition-dismissed/

Winding up petition dismissed.

[The Artist Formerly Known as Audrey]

What’s happened about the FA charges? Can’t believe it’s taken so long.

[Power to people]

What’s happened about the FA charges? Can’t believe it’s taken so long.

Clem mentioned at the open forum that certain parties had requested a delay to the hearing, but he fully expected a fine and was confident of no points deduction.

Maybe a certain agent to get January transfer window out the way before he loses his agent licence ?

Its also mentioned in the Nov advisory board mins:

It was noted that the Club is trying to close out the FA Charges whilst Power and Standing are looking to defer until the Standing v Power case is heard which will be sometime in 2023.

[Batch]

https://www.swindonadvertiser.co.uk/news/23131738.swindon-town-reveals-winding-up-petition-dismissed/

Winding up petition dismissed.

WEll that's good, but “We’ve stated the amount we believe we should pay Centreplate, and now it’s down to negotiation between the two parties to sort out the final amount."

So ongoing.

[Batch]

● Is the club now in debt to Clem to the tune of £2.95m, and is this on top of the interest-free £1.8m he recently referenced at the advisory board?
Yes

● Are we able to know who was in receipt of the debentures payment?
Kirk Rock Project Management

Thanks.

Wonder how "Kirk Rock Project Management" got hold of it.

Still owe Clem ~£5m, better that than external mind.

[Batch]

Is the Kirk Rock address a solictors/holding address I wonder (the one from Audry's website) - https://www.kirkrock.co.uk/contact?

I've not had time to look as working (cough). But the same address also comes up here (Denise Courtnell) in connection with Morton House. A different company though.

Morton House...Curran

https://www.fansnetwork.co.uk/football/rochdale/forum/275455/4355813/page:2/


Could all be co-incidental or incorrect linkage of course.

[JanAirplaneMan]

I think you will find it all links back to Able and Andy Curran or AC sports
AC always the money man, Lee Power involved naturally too.

[Batch]

imagine my surprise

[Robinz]

How could Power have thought through this situation so cunningly well.... Black adder stuff.
Swindon has had a very lucky escape Rochdale by all accounts seems to have just as well. Makes you wonder what happened at Bury and is the kiss of death currently happening at Oldham Scunthorpe Torquay and Yeovil at the moment.

[@MacPhlea]

Bristol City have just reported a loss of £28.5m for 21-22 bringing total losses since Lansdown took over of nearly £200m… crazy

[Matchworn Shirts]

Bristol City have just reported a loss of £28.5m for 21-22 bringing total losses since Lansdown took over of nearly £200m… crazy

The fairytale of the Sleeping Giant