Pages: 1 ... 415 416 417 [418] 419 420 421 ... 916   Go Down
Print
Author Topic: New beginnings - 25% Truth, 80% Bollocks  (Read 1450691 times)
Audrey

Offline Offline

Posts: 19651


?Absolute Calamity!?




Ignore
« Reply #6255 on: Tuesday, September 19, 2023, 19:36:11 »

‘Funds for a couple of signings’ Mmmmmm
Logged
Batch
Not a Batch

Offline Offline

Posts: 55862





Ignore
« Reply #6256 on: Tuesday, September 19, 2023, 19:37:27 »

there are a few key questions either wishy washy answered, side stepped or ignored in there.

The preemption answer is a key one, though provisionally ok.

No question on interest on loans either. Though it's not unreasonable to think yes.

And how the fuck "the club is still losing
at least £500 - £1M Per Year " is beyond me.
Logged
Mooneyraker

« Reply #6257 on: Tuesday, September 19, 2023, 19:43:09 »

Given how Clem came to be the owner of the Club, the pre-emption rights answer is quite extraordinary.

Good punchy statement from the Trust, particularly on Rob Angus being publicly humiliated by Clem, but why isn't the Standing question in the AB minutes again?

PS - Lee Power confirms himself as a Hall of Fame C***
« Last Edit: Tuesday, September 19, 2023, 19:45:26 by Mooneyraker » Logged
Formerly Drummer Boy

Offline Offline

Posts: 341




Ignore
« Reply #6258 on: Tuesday, September 19, 2023, 19:45:27 »

Given how Clem came to be the owner of the Club, the pre-emption rights answer is quite extraordinary.

Good punchy statement from the Trust, particularly on Rob Angus being publicly humiliated by Clem, but why isn't the Standing question in the AB minutes again?

If the question was asked, what do you think the answer would have been?
Logged

I used to be that kid with the drum in the Nationwide and Town End - Be nice to me or I'll tell my Mum Smiley
LucienSanchez

Offline Offline

Posts: 5172


Is this hospital called St. Croc of Shit?!




Ignore
« Reply #6259 on: Tuesday, September 19, 2023, 19:45:51 »

Has anyone ever explained why the shares are owned by Mrs Kiely and Mrs Parladorio, rather than their husbands, who are named as the real interested parties? It seems strange.
Logged

We made a promise we swore we'd always remember... no retreat, baby, no surrender
Audrey

Offline Offline

Posts: 19651


?Absolute Calamity!?




Ignore
« Reply #6260 on: Tuesday, September 19, 2023, 19:46:56 »

Also, I thought Clem said he had already bought the shares back - now it’s not a priority
Logged
Mooneyraker

« Reply #6261 on: Tuesday, September 19, 2023, 19:47:36 »

If the question was asked, what do you think the answer would have been?

We were told the questions were going to be asked in the AB. If it isn't in there was it just not minuted or were they also asking questions outside the AB, in which case what else was discussed outside the AB?

It's a minor point but struck me as odd, that's all.
Logged
Formerly Drummer Boy

Offline Offline

Posts: 341




Ignore
« Reply #6262 on: Tuesday, September 19, 2023, 19:49:03 »

Has anyone ever explained why the shares are owned by Mrs Kiely and Mrs Parladorio, rather than their husbands, who are named as the real interested parties? It seems strange.

It's not unusual though..
Logged

I used to be that kid with the drum in the Nationwide and Town End - Be nice to me or I'll tell my Mum Smiley
Nemo
Shit Bacon

Offline Offline

Posts: 21826





Ignore
« Reply #6263 on: Tuesday, September 19, 2023, 19:50:03 »

Hmm, immediate reaction is those minutes aren't exactly in depth and probably make things no better and no worse, but I guess we'll see.
Logged
Batch
Not a Batch

Offline Offline

Posts: 55862





Ignore
« Reply #6264 on: Tuesday, September 19, 2023, 19:50:50 »

https://truststfc.com/2023/09/19/share-transfer-and-ownership-statement/?fbclid=IwAR1Pb5gpMJGs-HiiwTF2M3byCVGhTWYIM6ssnLFZwcWpChqz_MZ-44jcCLc
Logged
Nemo
Shit Bacon

Offline Offline

Posts: 21826





Ignore
« Reply #6265 on: Tuesday, September 19, 2023, 19:54:07 »

Trust statement is pretty good in my view, fair and forceful without being hysterical.

In a way the most concerning bit is the throwaway 'losing 500k-1m per year line' - if true, that would mean all the cost cutting has not closed the budgetary gap and if anything it has grown. Also a 500k range in projections on a company of this size feels pretty wild.
« Last Edit: Tuesday, September 19, 2023, 20:00:34 by Nemo » Logged
oxonrobin

Offline Offline

Posts: 770




Ignore
« Reply #6266 on: Tuesday, September 19, 2023, 20:07:15 »

I find this bit quite reassuring

“ An example of this is Friday’s agreement to allow a representative from the Trust Board to review the financial records and accounts of the Club, something which goes above that previously agreed and probably unheard of at other Clubs. ”

So long as it isn’t watered down access.
Logged
Nemo
Shit Bacon

Offline Offline

Posts: 21826





Ignore
« Reply #6267 on: Tuesday, September 19, 2023, 20:21:30 »

Oh - Clem's last statement (not the Angus one, the one with Clem's name on it) said that most of the money had been relaid with only a small shareholding remaining. That seems tough to square with these answers.

There does seem to be a slight Johnsonian tendency to say whatever will make the current problem go away regardless of the long term effect creeping in.
Logged
Batch
Not a Batch

Offline Offline

Posts: 55862





Ignore
« Reply #6268 on: Tuesday, September 19, 2023, 20:23:15 »

I like the trust statement. No point in going to war. Can do more good cooperating and watching
Logged
tans
You spin me right round baby right round

Offline Offline

Posts: 25412





Ignore
« Reply #6269 on: Tuesday, September 19, 2023, 20:37:10 »

Interesting
Logged
Pages: 1 ... 415 416 417 [418] 419 420 421 ... 916   Go Up
Print
Jump to: