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Author Topic: New beginnings - 25% Truth, 80% Bollocks  (Read 2558309 times)
Sippo
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« Reply #7650 on: Monday, November 6, 2023, 18:48:34 »

I find it quite unsettling that these people actually exist. I bet half these people have fallen for Nigerian Prince email scams before.

Fuck. Are you saying Cathy didn't kindly leave me $67 million dollars in her will?
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
molepar

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« Reply #7651 on: Monday, November 6, 2023, 18:50:17 »

That it is situation - the company took over a Winding-up petition against the club, hence "legal dispute".  It seems almost certain we will end-up owing them money, just a question of how much.  Clem just seems to have used this crutch to lean on for why we had an accounting error, I mean cash flow bump, I mean didn't pay some people....
I see. I’m clearly not alone in thinking that having a pending legal case is not the same as having a cash flow problem and if that is wha they are saying it seems like a thinly veiled fib.
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Batch
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« Reply #7652 on: Monday, November 6, 2023, 18:57:27 »

So I don't understand the 'not making money from contracts' bit. We've binned centerplate and brought in house - so surely this isn't the contract he's on about.

That we may owe them cash isn't really relevant
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Did anyone hear Hawes on the radio? Most of it he was unable to confirm re: wages late. Fair enough.

But, and I'm hope I'm not misrepresenting what was said, but he implied the trust haven't yet been given access to the books.
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Mooneyraker

« Reply #7653 on: Monday, November 6, 2023, 19:05:34 »

So I don't understand the 'not making money from contracts' bit. We've binned centerplate and brought in house - so surely this isn't the contract he's on about.

That we may owe them cash isn't really relevant
---++
Did anyone hear Hawes on the radio? Most of it he was unable to confirm re: wages late. Fair enough.

But, and I'm hope I'm not misrepresenting what was said, but he implied the trust haven't yet been given access to the books.

Sigh.
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ThreeDrawsMentality

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« Reply #7654 on: Monday, November 6, 2023, 19:07:22 »

So I don't understand the 'not making money from contracts' bit. We've binned centerplate and brought in house - so surely this isn't the contract he's on about.

That we may owe them cash isn't really relevant
---++
Did anyone hear Hawes on the radio? Most of it he was unable to confirm re: wages late. Fair enough.

But, and I'm hope I'm not misrepresenting what was said, but he implied the trust haven't yet been given access to the books.
Yeah I listened to the show too and don't believe you're misrepresenting at all, that's exactly how I heard it.
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No Longer Posh Red
Not Posh any more!

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« Reply #7655 on: Monday, November 6, 2023, 19:07:56 »

But, and I'm hope I'm not misrepresenting what was said, but he implied the trust haven't yet been given access to the books.

They haven’t finished cooking them yet Wink
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STFC 4 Arsenal 3, the best birthday present ever
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« Reply #7656 on: Monday, November 6, 2023, 19:09:14 »

which set Wink
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« Reply #7657 on: Monday, November 6, 2023, 19:12:15 »

Quote from: ThreeDrawsMentality
Yeah I listened to the show too and don't believe you're misrepresenting at all, that's exactly how I heard it.

cheers.

I think it's important the Trust take their time responding over this and recent events.

we've already had a rushed statement from the club, getting into "he said she said" tit for tat isn't going to help.

But it does need a response at some point if promises are being reneged
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molepar

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« Reply #7658 on: Monday, November 6, 2023, 19:12:39 »

Is this Hawes episode available to listen again on iPlayer or similar?
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RobertT

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« Reply #7659 on: Monday, November 6, 2023, 19:14:05 »

The Trust should also be going in with examples of what other clubs can and do provide to the public, before Clem just says he can't share the details because it's all private and confidential.
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RobertT

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« Reply #7660 on: Monday, November 6, 2023, 19:17:46 »

So I don't understand the 'not making money from contracts' bit. We've binned centerplate and brought in house - so surely this isn't the contract he's on about.

That we may owe them cash isn't really relevant
---++
Did anyone hear Hawes on the radio? Most of it he was unable to confirm re: wages late. Fair enough.

But, and I'm hope I'm not misrepresenting what was said, but he implied the trust haven't yet been given access to the books.

I mean, that's why the statement made no sense anyway.  Those contracts have been place for years, signed when he was a non-exec director or before.  They are not hidden, so much as annoying.  26 months ago was the time to be coming up with plans to find alternative revenue streams, given any limitations.  Hence my point about any of it being directly related to a cash flow shortage in October 2023.
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Bob's Orange
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« Reply #7661 on: Monday, November 6, 2023, 19:22:13 »

So I don't understand the 'not making money from contracts' bit. We've binned centerplate and brought in house - so surely this isn't the contract he's on about.

That we may owe them cash isn't really relevant
---++
Did anyone hear Hawes on the radio? Most of it he was unable to confirm re: wages late. Fair enough.

But, and I'm hope I'm not misrepresenting what was said, but he implied the trust haven't yet been given access to the books.

Given how quiet the Trust have been, have they perhaps been part of a ruse where they all went into a room where the accounts were 'laid out for all to peruse' and then when the Trust members got inside the room, Zav and his band of merry men locked the door behind them, piling up furniture in front of the door so nobody could escape. Phones of course were confiscated pre-entry.
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
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« Reply #7662 on: Monday, November 6, 2023, 19:23:46 »

The trust are just winding you up , they could easily issue a statement
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Mooneyraker

« Reply #7663 on: Monday, November 6, 2023, 20:34:26 »

7 weeks since this and we are hearing rumours it hasn't happened:

https://truststfc.com/2023/09/19/share-transfer-and-ownership-statement/

"The Trust will continue to hold the Club to account by working with them in a collaborative fashion as a critical friend. We will achieve far more by working together with the Club inside the building than from looking in from the outside. 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."

They really need to stop taking Clem at face value. Even saying "probably unheard of at other Clubs" before it had happened smacks of a cosy naivety, a degree of pride even.

I would gladly pay into the Trust if I felt it would represent my concerns and fight the fans' corner. It has been downhill since the day they agreed to get into bed with Power on the ground. They have to, as an organisation, wake up from this stupor soon, right? We are in the shit. You have to be organised and united to get through these issues as a fanbase. And I appreciate there will be conflicting views there, they are fans first, volunteers etc etc.
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« Reply #7664 on: Monday, November 6, 2023, 20:43:38 »

I mean, that's why the statement made no sense anyway.  Those contracts have been place for years, signed when he was a non-exec director or before.  They are not hidden, so much as annoying.  26 months ago was the time to be coming up with plans to find alternative revenue streams, given any limitations.  Hence my point about any of it being directly related to a cash flow shortage in October 2023.

Right, but it could be other contacts like puma shirts or, um, I dunno
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