New beginnings - 25% Truth, 80% Bollocks

[Mooneyraker]

Flynn's comments post contract extension "I believe in the way the club want to go" etc, if he knew this was going on, are odd to say the least. Not sure that's leadership.

As for the rest...

Clem is exactly who many of us thought he was. If you didn't see the mask slip when he was talking about the Eady money, then you will likely defend him to the end.

We need a complete re-set at the Trust. We need a strong Trust now more than ever. People can say that they are volunteers but there are big sums of money involved here... maybe they shouldn't be.

I'd be interested to hear from the Eady trustees. They must be looking on in horror.

[Bob's Orange]

I think the court cases are purely civil cases with individuals who no longer have official holdings in the club, so personally feel the club should be unaffected legally. Guess the possibility of a points deduction is the only looming issue. Unprecedented as well so don't really have much evidence to go on what the possible punishment would be

I'm also 99% sure there has been interest. I posted previously about the wild rumour that the Marc Bircham links started because the owner of Como was interested, and there was also the random rumour from Facebook in the summer that the StarSports betting owner was sniffing.

Ah that's a relief on the court cases then.

[Legends-Lounge]

Clem had to buy the club or see his £1.15m disappear down the plug hole. Looking like everything since he achieved that objective has been to cement his investment for a future return. The money he has had to put in has been stretching him and stretching him. Looks like he has no more to put in and poor cup runs to put some jam on the bread and butter have not materialised.

[TheDukeOfBanbury]

My concern is the ongoing court cases. How much of an impact is that going to have on interested parties? I'm sure there are seemingly quite a number of parasites in the STFC pie that are also going to require payment.

I'm certain there has been interest in the club this year, despite Clem stating the club isn't for sale, it very much has been. I'm just not sure the guys running the club are going to be particularly competent in making a sale happen. We'll see.

I am more worried as to what they will demand.
Worrying.

[Bob's Orange]

I am more worried as to what they will demand.
Worrying.

Yeah, I've read figures of about 15 million quid. Really hoping investors aren't going to be put off.

[Mooneyraker]

Yeah, I've read figures of about 15 million quid. Really hoping investors aren't going to be put off.

Barry and Standing need to get paid I suppose...

[Nemo]

They won't have much choice about what to demand if it's so dire that they can't pay creditors. Will be taken out of their hands then.

[ThreeDrawsMentality]

Yeah, I've read figures of about 15 million quid. Really hoping investors aren't going to be put off.

That as in £15mn that the club is being valued at/sale price? Or figures being bandied about in the court case?

[Audrey]

That as in £15mn that the club is being valued at/sale price? Or figures being bandied about in the court case?

I presume it’s based on the money paid for the 20% (?) of shares sold to pay off the debenture.

£2.9m x 5 = £14.5m

Fanciful

[Bob's Orange]

That as in £15mn that the club is being valued at/sale price? Or figures being bandied about in the court case?

To be clear, this isn't the actual value, merely what I've seen or read. Please don't take what I've said as anything set in stone. Fwiw I've seen figures of between 10-15 million.

[ThreeDrawsMentality]

To be clear, this isn't the actual value, merely what I've seen or read. Please don't take what I've said as anything set in stone. Fwiw I've seen figures of between 10-15 million.

Oh absolutely! Would never do that, was moreso checking that it was value talk rather than court case demands talk.

Given Able (factually or fictionally) offered £7mn plus Bogle sell on for a club without stadium ownership, £10mn seems reasonable. Especially if it's primarily paying off the Clem debt.

[ThreeDrawsMentality]

Andrew Hawes has reached out to the football finance maestro Kieran Maguire

[tans]

Flynn new contract. I have three thoughts/suggestions

1) He wanted out as fed up, offered new deal as a sweetner
2) Someone came in for him, so we get more compo
3) Club up for sale, he knows this, club offer him new deal as a safety net if new people come in and want their own man in.

[ThreeDrawsMentality]

Flynn new contract. I have three thoughts/suggestions

1) He wanted out as fed up, offered new deal as a sweetner
2) Someone came in for him, so we get more compo
3) Club up for sale, he knows this, club offer him new deal as a safety net if new people come in and want their own man in.

Given Standing is rumoured to be his agent, 3 makes a lot of sense

[Bob's Orange]

Flynn new contract. I have three thoughts/suggestions

1) He wanted out as fed up, offered new deal as a sweetner
2) Someone came in for him, so we get more compo
3) Club up for sale, he knows this, club offer him new deal as a safety net if new people come in and want their own man in.

I've heard a rumour number 1 happened.