New beginnings - 25% Truth, 80% Bollocks

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

Demanding people's names and trying to 'out' accounts like STFC Questions - yes, much more Secret Police than military - and deeply disturbing.

We are run no better than a fan owned club, and unfortunately some sitting at the Trust table think that's what they are and that they're special and involved. The last two years have shown that for what it's worth. Let's see what happens when they get hold of our threadbare accounts.

Yeah you can see this chartered accountant chap we have lined up being less than impressed with what he reads. Its just all going to be smokes and mirrors, isn't it?

Wonder if Clem will be looking over his shoulder. Or maybe Zav.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

I tend to agree with that, pandering to fans to put money in etc & help the club out. Basically the ''owners'' want a free hit. Wish I now hadn't given up my season ticket refund from the 20/21 season, oh well, hindsight is wonderful.

Yeah the blackmailing makes me sick looking back. It didn't sit right with me at the time, but I wasn't a season ticket holder.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

£15m?! Where on earth has that come from?

I'm sure someone can break it down but if you add up

1. The money we owe him in debt
2. The money he originally stupidly gave to Power to buy in.....and
3. The few hundred grand he got the rest of the club for

Its not far off. Probably looking for a small profit on top of that to give the club to someone debt free.

Probably dreaming.

[tans]

I'm sure someone can break it down but if you add up

1. The money we owe him in debt
2. The money he originally stupidly gave to Power to buy in.....and
3. The few hundred grand he got the rest of the club for

Its not far off. Probably looking for a small profit on top of that to give the club to someone debt free.

Probably dreaming.

You are forgetting share of the ground too

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

You are forgetting share of the ground too

But Clem gave us that out of the goodness of his heart, don't you know.

[Audrey]

If you use the £2.9m for 22% if shares it values the club at £13.4m. Of course, that doesn’t have to be that amount.

[BenTheRed]

What I find cheeky is when you look at the AB meeting minutes, you see the slide where it shows the debt has been reduced but hasn't the bulk of this just been moved so it's owned elsewhere, to clem? So, i guess, to an extent the club is in the same amount of debt as before. My assumption is, when Clem has been 'injecting money into the club' it's in the form of loans not equity

[Audrey]

Yep, but tbf the danger of someone going after the club for payment and the associated problems that would bring, are diminished by Clem owning the debt. He’s not going to put the club in admin and lose his own money.

[theakston2k]

Demanding people's names and trying to 'out' accounts like STFC Questions - yes, much more Secret Police than military - and deeply disturbing.

We are run no better than a fan owned club, and unfortunately some sitting at the Trust table think that's what they are and that they're special and involved. The last two years have shown that for what it's worth. Let's see what happens when they get hold of our threadbare accounts.

That last paragraph is the main reason I can’t get involved with the Trust even if I had time. The way Spencer acted a few weeks ago was a disgrace making hollow threats of ‘we know who you are’ to that guy on Twitter. He represents Morfuni’s interests more than he does the fans.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

That last paragraph is the main reason I can’t get involved with the Trust even if I had time. The way Spencer acted a few weeks ago was a disgrace making hollow threats of ‘we know who you are’ to that guy on Twitter. He represents Morfuni’s interests more than he does the fans.

Agreed.

The Trust seem to be stepping up their response at the moment but he is an absolute waste of time and has no business being involved. He compromises the trust more than anything.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

[Berniman]

Agreed.

The Trust seem to be stepping up their response at the moment but he is an absolute waste of time and has no business being involved. He compromises the trust more than anything.

I did try to call this out very early on, on here, and even though I had to be somewhat criptic due to the fact that he was also posting on here at the time, he knew what i was saying and who i was aiming it at.  I got shouted down by a couple of unamed posters at the time saying that I was making shit up, whilst watching everyone lap up everything that our friend was posting on here.

I know a couple of posters know this to be true and are aware of what i knew at the time because they PM'd me.

And this is not a "I told you so" this is a "it's not like the signs weren't already there" post.

[Costanza]

I'm reluctant to go in too hard on the Trust because there is clearly an internal conflict within. There's no way in hell that 10 or whatever people are just sitting there twiddling their thumbs. There will be apologists, people who want action and apathy.

If the hierarchy are pro-Clemente then it'll be tough to nudge them.

Clem's charm offensive was very impressive from the off and there's a 'not average' fan who can take a lot of credit for that. They still work busily behind-the-scenes to fly the flag for the ownership. They keep a very low profile which has made their impact so significant with PR and keeping the fans sweet.

Raising concerns over the last year or so have been quite difficult because, when cracks/red flags started to seep out of the club well over a year ago, a lot of 'regular' fans were resistant/outright refused to believe anything could possibly be wrong. Obviously, the 21/22 season helped a lot too.

[Batch]

Yep, but tbf the danger of someone going after the club for payment and the associated problems that would bring, are diminished by Clem owning the debt. He’s not going to put the club in admin and lose his own money.

.

was having this conversation on Twitter.

I don't actually care if he gets it back + some when he sells. Money is out of his account until that day.

As long as he isn't making stupid money on loans, which he says he isn't.

No idea what the Kiely deal is and who is paying for it mind

[Audrey]

Which, now, begs the question - why don’t they let the Trust see the books? There has to be something in there that’s not fit for public consumption.

If there could be a silver lining explanation it could be a sale may be in the offing.*

*straw clutching