New beginnings - 25% Truth, 80% Bollocks

[Legends-Lounge]

Swindon Supermarine. OTIS 🤣🤣🤣🤣🤣🤣🤣

[Mooneyraker]

For what gain?

It has been established that it wasn't but perhaps he'd want to stir the shit. Who knows at this point with this cast of characters. It is a rogues gallery.

[Bob's Orange]

https://www.bbc.co.uk/news/newsbeat-67427645

Maybe the Pakistan link up with isn't so far fetched.

[Batch]

https://www.bbc.co.uk/news/newsbeat-67427645

Maybe the Pakistan link up with isn't so far fetched.

That would be good if we were exporting!

[RobertT]

I was going to say, if it was a footballing talent venture, then we got it around the wrong way.  As it is, the scheme is clearly to exploit (in entirely legal ways) the Visa demand from Pakistan (recent exposures suggest we should be a little worried about whether any less whiter than white activities are linked).

[Audrey]

Getting back to this ‘loan’.

If the money never made it into the club’s accounts how can there be any sanction? If Power pocketed it or did whatever he did with it but it never actually appeared in the accounts what rules could the club have broken?

[4D]

Got my Boxing Day ticket booked, seem to be shifting.

[RobertT]

Getting back to this ‘loan’.

If the money never made it into the club’s accounts how can there be any sanction? If Power pocketed it or did whatever he did with it but it never actually appeared in the accounts what rules could the club have broken?

That is going to depend on the details, if they can ever determine them.

The stuff in the 80's never made it's way to the books, and was precisely why we ended up in the shit.

If he trousered a bunch of money for nothing, and we never actually saw any of that money at STFC, directly or indirectly, then I doubt much will happen.  But, if STFC was used to return favours, funnel income, provide insight that Chelsea leveraged elsewhere etc. then who knows.

[Audrey]

But any such shenanigans need to be documented somehow. I’m sure Power’s grasp of shenanigans, and how to hide them, must have been quite good.

He managed to trouser £6m from Standing with, afaik, little if any paperwork

Ditto Clem and his £1.1m

Got to be said, he was a genius!

[RobertT]

But as this leak shows, even well hidden things can be found.  The Clem 1.1m is even documented, via way of text messages between them, combined with lawyers exchanging letters etc, that ultimately ended up with a Court Case siding with Clem.

[tans]

Im going to hazard a guess and say he used the money to buy the debentures

[Audrey]

That sounds feasible.

I still don’t get what Chelsea (RA) got out of it. What good is knowing details of our budget, player contracts/salaries.

[Kinky Tom]

I never mentioned this at the time but a few years ago when Craig Bellamy was on holiday in my ski resort he came into my bar a couple of times, I may have mentioned that much but something he said now seems a little worrying.

He said that Chelsea were going to buy STFC, he didn't go into any more than that, like I said, I didn't mention it as it seemed a bit too far fetched given rules on club ownership in the same country and I couldn't see it happening but obviously there was much more to it. 

Bellamy and Power are close from their time at Norwich together but even knowing that I just thought it couldn't happen but obviously with Power and Abramovich anything could be possible.

[RobertT]

That sounds feasible.

I still don’t get what Chelsea (RA) got out of it. What good is knowing details of our budget, player contracts/salaries.

They sold us Conroy and loaned us three players.

They may get some info about what to charge other L1 clubs (at the time we were L1, possibly) and then L2 clubs a year later

Of course, the most likely outcome is simply dodgy money being loaned through and then somehow finding it's way back through such items.  The loans and data being incidental, maybe?  Chelsea appeared to be engaging in multiple small deals all at the same time, which contribute to income gains eventually, or player deals favourable to them.  It's either football finance doping - trying to increase revenue when it was simply the owners money, or it's all about the original source of the money and making it nice and sparkley at the end.

[Qunk]

Been a bit out of the loop (self inflicted) when it comes to the boardroom issues that keep coming up, so forgive my ignorance, but in a word does this Abramovic stuff mean we could realistically be completely and utterly fucked? Thanks in advance.