New beginnings - 25% Truth, 80% Bollocks

[Mooneyraker]

Let’s not forget player sales will hardly ever be the entire fee upfront.
Hypothetically we might get more for Wakeling next season…

Same as signing players / paying off managers I suppose.

Clem has already borrowed against future transfer payments.

[UTR]

Let’s not forget player sales will hardly ever be the entire fee upfront.
Hypothetically we might get more for Wakeling next season…

Same as signing players / paying off managers I suppose.

Usually true but I seem to remember a article coming out about us signing up to something where we get the full fee up front from another company and send the future transfer payments we get from the buying club to that company or something like that.

I’m not sure of the exact details so could have that wrong but do seem to remember it being addressed on the radio as well.

[Mooneyraker]

Is it conceivable that we end up with two concurrent ownership court cases?

Power vs Standing
Clem vs Standing/Britain’s Most Wanted/Wives of Wiltshire

It’s a fucking nightmare scenario.

[ThreeDrawsMentality]

Usually true but I seem to remember a article coming out about us signing up to something where we get the full fee up front from another company and send the future transfer payments we get from the buying club to that company or something like that.

I’m not sure of the exact details so could have that wrong but do seem to remember it being addressed on the radio as well.

That's it. Definitely the case for some deal(s) that Angus confirmed. Is listed down as a charge on companies house.

Which again puts a further spotlight on cashflow issues.

[Benzel]

I am so over supporting this fucking club. Sick of it.

[Hyabb17]

That's it. Definitely the case for some deal(s) that Angus confirmed. Is listed down as a charge on companies house.

Which again puts a further spotlight on cashflow issues.

Think they ''factored'' Scott Twine's money - or some of it anyway.

[ThreeDrawsMentality]

I am so over supporting this fucking club. Sick of it.

This is where I'm at as well, so indifferent and ambivalent to it now. Absolutely desperate for a clean start.

[Audrey]

Got to differentiate between the club and the owners.

[Mooneyraker]

I honestly think this feels worse than Power now. The Trust absolutely absent and compromised, Power never got his hands on the ground, months until January with a playing squad on their knees, staff not being paid (don't think that happened until the denouement with LP did it?), ownership arguably more tangled than ever, sinking any hope of a swift takeover. He remains the worst owner in our history (for now...) but Power was at least 'football savvy.' Clem seemingly isn't good at... anything. It really is end of days stuff. I'm fearful for the future of the club. We should absolutely never have entered into a labyrinthine ground agreement with Clem Morfuni and that isn't said as Captain Hindsight. It stank that it was considered with Power and it is no less of a mistake that we've done it with Clem.

[Batch]

Clem vs Standing/Britain’s Most Wanted/Wives of Wiltshire

How did you come to this conclusion.

1. It based on guesswork and theory
2. The right hand side don't legally own the club and no claim by anybody has been made to the contrary. I can't see Clem claiming otherwise

[Batch]

I honestly think this feels worse than Power now.

I wouldn't go that far, we can still get out of this.

[Mooneyraker]

How did you come to this conclusion.

1. It based on guesswork and theory
2. The right hand side don't legally own the club and no claim by anybody has been made to the contrary. I can't see Clem claiming otherwise

Sorry, not a conclusion, I've posed a question, is it possible?

Standing never legally owned the club and yet there's a court case there, so it doesn't seem impossible we see one again, does it? And the Wives of Wiltshire do legally own part of the club and may well have pre-emption rights in the event of a sale as I understand it. It is not quite apples with apples with the Power endgame but doesn't seem far off it.

[Bob's Orange]

The Advisory Board should be fun this month - it's happening this week isn't it?

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

I really do hope it all comes out, the more that does the quicker this shit show should be over.

This.

Just take what is coming and get on with it.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

I've not really been one to shout "where's the money going", but they have a point in 6.5m turnover generating losses of 500k-1m.

it would make sense if we were using it to pay off the inherited debt + players + staff + ground maintenance. But it's not the case is it, because debt is a liability owed to Clem as he has put that in.

Now what I'm not saying is anything dodgy is going on. More that I need help squaring it - even ballpark.

Probably no surprise to anyone, but I am.

It doesn't add up and it stinks.