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Club will be loser as Power court case is adjourned
A FRUSTRATED Andrew Fitton admits "the only winners will be the lawyers" as Town's murky financial past looks set to linger into 2009.
A High Court battle between former investors' Bill Power and Phil Emmell and previous owners the Wills family over £1.12 million was set to start today but an 11th hour adjournment sees the case now not expected to be heard until January next year.
A High Court date has been brewing ever since Power and Emmell claimed they loaned the sum to Swindon Town Football Club Holdings Limited, against the holding company's assertion it was part of a share issue.
Now though, with the holding company placed in administration, the heat has been turned directly onto the club's present regime to meet any supposed debts.
With legal debts expected to top over £500,000, Fitton knows Town could eventually be facing almost £2million debts - although the chairman has again assured fans they are partially indemnified by the Wills family against any potential costs.
It would take time and money to claim any costs back though and, with a new six-month delay, Fitton admits it is a complication the club could well do without.
He said: "I don't have any hopes of what will happen but the most unfortunate thing is it has nothing to do with the football club but we still have to deal with it.
"The whole legal process does no-one any good, not the Wills family, not Bill Power and Phil Emmell and certainly not ourselves.
"The only winners will be the lawyers. If the club were to lose, we would have to pay out any costs and then look to get that back from the Wills family. But the process just drags on.
"I am hopeful we would get that money back but I am frustrated by the time and effort it has taken that could, and should, have been spent on building the squad."
Power revealed the late adjournment came about due to the illness of his side's barrister's mother but revealed his hope the increasingly complicated legal battle would not ruin his relationship with the club.
He said: "The whole thing is very regrettable.
"An illness to someone's family puts things into perspective a little bit but it is frustrating it drags on.
"All I would say is I continue to get on very well with any Town fans I speak to and I hope when Swindon play QPR in the league cup next month I can come to the game as Mr Fitton's guest.
"He has been fine with us throughout and if I was welcome at the game I would turn up in a red and white scarf. We don't want to hurt Swindon Town."
Fitton though, added: "I think the club cannot help but suffer from all this.
"I was away on holiday all last week and I still spent hours on the phone because of this, instead of talking about football."
7:00am Monday 21st July 2008
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CommentPosted by: stuart randall, Port de Soller Mallorca on 7:18am Mon 21 Jul 08
What a sad sad day for the club and football.
BP I do believe has feeling for our club and if is owed this 1.2 million pounds he has every right to get it back(we all would if in same position)
Again AF &C0 have inherited a load of crap(was known at time of takeover)
The Greek & previous regime should be made to pay this.
As BPhas stated he still has feelings for our club, lets hope AF and the previous bandits can [bold]bold[/bold] resolve this.
What a sad sad day for the club and football.
BP I do believe has feeling for our club and if is owed this 1.2 million pounds he has every right to get it back(we all would if in same position)
Again AF &C0 have inherited a load of crap(was known at time of takeover)
The Greek & previous regime should be made to pay this.
As BPhas stated he still has feelings for our club, lets hope AF and the previous bandits can resolve this.
Posted by: stuart randall, Port de Soller Mallorca on 7:19am Mon 21 Jul 08
What a sad sad day for the club and football.
BP I do believe has feeling for our club and if is owed this 1.2 million pounds he has every right to get it back(we all would if in same position)
Again AF &C0 have inherited a load of crap(was known at time of takeover)
The Greek & previous regime should be made to pay this.
As BPhas stated he still has feelings for our club, lets hope AF and the previous bandits can [bold]bold[/bold] resolve this.
What a sad sad day for the club and football.
BP I do believe has feeling for our club and if is owed this 1.2 million pounds he has every right to get it back(we all would if in same position)
Again AF &C0 have inherited a load of crap(was known at time of takeover)
The Greek & previous regime should be made to pay this.
As BPhas stated he still has feelings for our club, lets hope AF and the previous bandits can resolve this.
Posted by: moonchild, swindon on 8:12am Mon 21 Jul 08
[quote][bold]stuart randall[/bold] wrote:
What a sad sad day for the club and football. BP I do believe has feeling for our club and if is owed this 1.2 million pounds he has every right to get it back(we all would if in same position) Again AF &C0 have inherited a load of crap(was known at time of takeover) The Greek & previous regime should be made to pay this. As BPhas stated he still has feelings for our club, lets hope AF and the previous bandits can [bold]bold[/bold] resolve this.[/quote] I seem to remember Mr Fitton being a bit more confident previously that this wouldn't impact on the present owners of the club, and more or less saying that it's for the old lot to deal with. Now it appears that there is only partial indemnity from the Wills family against the costs.
Yes it's quite clear where the blame for this mess lies but it seems that like it or not there are implications for us now.
Perhaps this is the answer to why we are not overstretching ourselves financially in the transfer market.
The fact that this is now dragging on into next year does us no good whatsoever but i suspect that when the legal process does start, we will all find out a lot more about the way the previous regime operated. Fact rather than guesswork.
stuart randall wrote:
What a sad sad day for the club and football. BP I do believe has feeling for our club and if is owed this 1.2 million pounds he has every right to get it back(we all would if in same position) Again AF &C0 have inherited a load of crap(was known at time of takeover) The Greek & previous regime should be made to pay this. As BPhas stated he still has feelings for our club, lets hope AF and the previous bandits can resolve this.
I seem to remember Mr Fitton being a bit more confident previously that this wouldn't impact on the present owners of the club, and more or less saying that it's for the old lot to deal with. Now it appears that there is only partial indemnity from the Wills family against the costs.
Yes it's quite clear where the blame for this mess lies but it seems that like it or not there are implications for us now.
Perhaps this is the answer to why we are not overstretching ourselves financially in the transfer market.
The fact that this is now dragging on into next year does us no good whatsoever but i suspect that when the legal process does start, we will all find out a lot more about the way the previous regime operated. Fact rather than guesswork.
Posted by: dave bamber, penhill on 8:19am Mon 21 Jul 08
i hope all this wont mean we will be forced into accepting that crazy £200k bid from dirty bristol city for mcnamee...... scott murray i hope ur reading this we don`t want you!!
i hope all this wont mean we will be forced into accepting that crazy £200k bid from dirty bristol city for mcnamee...... scott murray i hope ur reading this we don`t want you!!
Posted by: M Mack, Highworth on 8:32am Mon 21 Jul 08
Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!!
Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!!
Posted by: badcop, swindon on 8:43am Mon 21 Jul 08
I also hope i can come to the game as MR Fittons guest............but a ticket Power or dont bother
I also hope i can come to the game as MR Fittons guest............but a ticket Power or dont bother
Posted by: bowralbob, Australia on 9:01am Mon 21 Jul 08
Such a shame a solution can't be found without going to court.If the lawyers are the only winners surely another way out is possible.
Is it a matter of ego's getting in the way?
Such a shame a solution can't be found without going to court.If the lawyers are the only winners surely another way out is possible.
Is it a matter of ego's getting in the way?
Posted by: Phil_S, Chippenham on 9:28am Mon 21 Jul 08
The people to blame for this fiasco are the ones who on receipt of BP's money did not pay off the CVA or account for it. Where did it go? At least the court might throw light on this. At the moment all we have is rumour eg. It went on a race horse.
The people to blame for this fiasco are the ones who on receipt of BP's money did not pay off the CVA or account for it. Where did it go? At least the court might throw light on this. At the moment all we have is rumour eg. It went on a race horse.
Posted by: Nlorenzos, Chiswick on 9:29am Mon 21 Jul 08
Yes keep Scott murray in Bristol and Mcnamee in Sweindon. Mcnammee is worth 2,000,000
Yes keep Scott murray in Bristol and Mcnamee in Sweindon. Mcnammee is worth 2,000,000
Posted by: moonchild, swindon on 9:39am Mon 21 Jul 08
I'm sure egos are involved, on one side anyway.
It really ought to be a simple matter. Either it was a loan from Power or an investment in shares. If there was a share transfer at the time the alledged shares were bought (and corresponding supporting legal documentation)then you'd think there were no grounds for Power's court action. It ought to be a simple as that surely?
It clearly isn't that simple or it would have already been resolved one way or another. I suspect that people are arguing about their intentions or understandings without any documentation evidence.
How the hell a court of law would be able to resolve this i haven't the faintest idea. Perhaps on the way each party presents their case and an arbitrary decision on the balance of "evidence"?
If there is anyone with a legal background i'd be very interested in their views
I'm sure egos are involved, on one side anyway.
It really ought to be a simple matter. Either it was a loan from Power or an investment in shares. If there was a share transfer at the time the alledged shares were bought (and corresponding supporting legal documentation)then you'd think there were no grounds for Power's court action. It ought to be a simple as that surely?
It clearly isn't that simple or it would have already been resolved one way or another. I suspect that people are arguing about their intentions or understandings without any documentation evidence.
How the hell a court of law would be able to resolve this i haven't the faintest idea. Perhaps on the way each party presents their case and an arbitrary decision on the balance of "evidence"?
If there is anyone with a legal background i'd be very interested in their views
Posted by: dave bamber, penhill on 10:13am Mon 21 Jul 08
just confirmed on radio swindon have accepted 200k for mcnamee he is in bristol for talks later
just confirmed on radio swindon have accepted 200k for mcnamee he is in bristol for talks later
Posted by: Phil_S, Chippenham on 10:17am Mon 21 Jul 08
Moon child, If it were for shares then how come the will s could sell the club without any reference to said shareholder. Ok they may have had a majority shareholding, but would they still have had to have had a vote.
Moon child, If it were for shares then how come the will s could sell the club without any reference to said shareholder. Ok they may have had a majority shareholding, but would they still have had to have had a vote.
Posted by: moonchild, swindon on 10:17am Mon 21 Jul 08
[quote][bold]dave bamber[/bold] wrote:
just confirmed on radio swindon have accepted 200k for mcnamee he is in bristol for talks later[/quote] Please tell me this is a wind up?
If this is true it undoes all the good that the club has done to date, and gives out a terrible message to the fans.
dave bamber wrote:
just confirmed on radio swindon have accepted 200k for mcnamee he is in bristol for talks later
Please tell me this is a wind up?
If this is true it undoes all the good that the club has done to date, and gives out a terrible message to the fans.
Posted by: Happy Red, Lambourn on 10:20am Mon 21 Jul 08
[quote][bold]dave bamber[/bold] wrote:
just confirmed on radio swindon have accepted 200k for mcnamee he is in bristol for talks later[/quote] School holidays started, I guess we will have to put up with this for 6 weeks
dave bamber wrote:
just confirmed on radio swindon have accepted 200k for mcnamee he is in bristol for talks later
School holidays started, I guess we will have to put up with this for 6 weeks
Posted by: moonchild, swindon on 10:23am Mon 21 Jul 08
[quote][bold]Phil_S[/bold] wrote:
Moon child, If it were for shares then how come the will s could sell the club without any reference to said shareholder. Ok they may have had a majority shareholding, but would they still have had to have had a vote. [/quote] Good point but don't know the answer!! Perhaps the old lot held enough shares to be able to make the decision without reference to BP or his legal representative under the club rules?
Still hoping somebody with Company law experience will post something.
Phil_S wrote:
Moon child, If it were for shares then how come the will s could sell the club without any reference to said shareholder. Ok they may have had a majority shareholding, but would they still have had to have had a vote.
Good point but don't know the answer!! Perhaps the old lot held enough shares to be able to make the decision without reference to BP or his legal representative under the club rules?
Still hoping somebody with Company law experience will post something.
Posted by: dave bamber, penhill on 10:29am Mon 21 Jul 08
i can`t believe macnamee is going to city **** alkl we need
i can`t believe macnamee is going to city **** alkl we need
Posted by: dave bamber, penhill on 10:34am Mon 21 Jul 08
well its a joke we are still heading in the wrong direction selling our best assets.. ****. bring in josh low now!!
well its a joke we are still heading in the wrong direction selling our best assets.. ****. bring in josh low now!!
Posted by: Happy Red, Lambourn on 10:35am Mon 21 Jul 08
[quote][bold]dave bamber[/bold] wrote:
i can`t believe macnamee is going to city **** alkl we need[/quote] 200k plus Mcnamee for Scott Murray, I always knew MM could spot a decent deal. Can't wait to see Scotty boy wearing the Swindon shirt with pride, good to see that light weight Mcnamee off always thought he was overrated
dave bamber wrote:
i can`t believe macnamee is going to city **** alkl we need
200k plus Mcnamee for Scott Murray, I always knew MM could spot a decent deal. Can't wait to see Scotty boy wearing the Swindon shirt with pride, good to see that light weight Mcnamee off always thought he was overrated
Posted by: dave bamber, penhill on 10:45am Mon 21 Jul 08
well i must admit scott murray is proven in leugue 1
well i must admit scott murray is proven in leugue 1
Posted by: steve, brentford on 10:49am Mon 21 Jul 08
[quote][bold]dave bamber[/bold] wrote:
i can`t believe macnamee is going to city **** alkl we need[/quote] Hahaa you should carry a liability warning with your name Red.Pls remember who this is chaps ;O)
dave bamber wrote:
i can`t believe macnamee is going to city **** alkl we need
Hahaa you should carry a liability warning with your name Red.Pls remember who this is chaps ;O)
Posted by: dave bamber, penhill on 10:50am Mon 21 Jul 08
mcnammee is overrated i must admit that
mcnammee is overrated i must admit that
Posted by: dave bamber, penhill on 10:51am Mon 21 Jul 08
he is no better than robinho or shaun wright phillips
he is no better than robinho or shaun wright phillips
Posted by: Happy Red, Manchester on 10:55am Mon 21 Jul 08
we should have kept Ricky Shakes we would have be en in the prem by now
we should have kept Ricky Shakes we would have be en in the prem by now
Posted by: dave bamber, penhill on 10:56am Mon 21 Jul 08
i must admit he was a very talented right footer was shakes... and he had a good shot on him!
i must admit he was a very talented right footer was shakes... and he had a good shot on him!
Posted by: dave bamber, penhill on 10:57am Mon 21 Jul 08
we should of never of sold joson drysdale a solid left back
we should of never of sold joson drysdale a solid left back
Posted by: dave bamber, penhill on 10:57am Mon 21 Jul 08
we should of never of sold joson drysdale a solid left back
we should of never of sold joson drysdale a solid left back
Posted by: s.lovesey, Swindon on 11:19am Mon 21 Jul 08
If BP is owed the money then he should get it back, still it goes back to the old regime !!!
If BP is owed the money then he should get it back, still it goes back to the old regime !!!
Posted by: Loft Conversions, Swindon on 11:25am Mon 21 Jul 08
Why the f. would BP support Swindon against QPR? Thought he was a lifelong QPR fan? Bit weird.
Why the f. would BP support Swindon against QPR? Thought he was a lifelong QPR fan? Bit weird.
Posted by: MedRed, Kent on 11:49am Mon 21 Jul 08
Oh c'mon let's have less of this boring behind the scenes stuff. We need to strengthen the squad. What's happening, why no news regarding new players?
Oh c'mon let's have less of this boring behind the scenes stuff. We need to strengthen the squad. What's happening, why no news regarding new players?
Posted by: Mithras, London on 12:54pm Mon 21 Jul 08
It's a sad state of affairs that yet again the club is being dragged through the mire by the unpleasant decisions and personnel the Wills family entrusted to the running club to.
Folding the holding company is a calculated move by the previous majority shareholders James Wills and Diamandis who held his shares through a proxy. In effect they have dragged the football club directly into the mire and forced the club to answer to charges that should be directed at the individuals who were responsible for the “share issue” at the time.
Should Power win in court curiously the indemnity clause would simply present the whole bill back at the feet of the Wills and let Diamandis, Holt et al off without costing them a penny.
Why?
It's a sad state of affairs that yet again the club is being dragged through the mire by the unpleasant decisions and personnel the Wills family entrusted to the running club to.
Folding the holding company is a calculated move by the previous majority shareholders James Wills and Diamandis who held his shares through a proxy. In effect they have dragged the football club directly into the mire and forced the club to answer to charges that should be directed at the individuals who were responsible for the “share issue” at the time.
Should Power win in court curiously the indemnity clause would simply present the whole bill back at the feet of the Wills and let Diamandis, Holt et al off without costing them a penny.
Why?
Posted by: moonchild, swindon on 2:08pm Mon 21 Jul 08
[quote][bold]Mithras[/bold] wrote:
It's a sad state of affairs that yet again the club is being dragged through the mire by the unpleasant decisions and personnel the Wills family entrusted to the running club to. Folding the holding company is a calculated move by the previous majority shareholders James Wills and Diamandis who held his shares through a proxy. In effect they have dragged the football club directly into the mire and forced the club to answer to charges that should be directed at the individuals who were responsible for the “share issue” at the time. Should Power win in court curiously the indemnity clause would simply present the whole bill back at the feet of the Wills and let Diamandis, Holt et al off without costing them a penny. Why? [/quote] Doesn't make much sense put like that.Perhaps that's the price that Wills has to pay for surrounding himself with advisors who allegedly)may have been covering themselves rather than acting in Wills best interests.
When you say that if Power wins in court the
[bold]whole[/bold] bill will land at the feet of Wills, are you saying that there will be no cost at all to the present owners? This seems to be at odds with AF's comment that the present club has a partial indemnity with the Wills.
Mithras wrote:
It's a sad state of affairs that yet again the club is being dragged through the mire by the unpleasant decisions and personnel the Wills family entrusted to the running club to. Folding the holding company is a calculated move by the previous majority shareholders James Wills and Diamandis who held his shares through a proxy. In effect they have dragged the football club directly into the mire and forced the club to answer to charges that should be directed at the individuals who were responsible for the “share issue” at the time. Should Power win in court curiously the indemnity clause would simply present the whole bill back at the feet of the Wills and let Diamandis, Holt et al off without costing them a penny. Why?
Doesn't make much sense put like that.Perhaps that's the price that Wills has to pay for surrounding himself with advisors who allegedly)may have been covering themselves rather than acting in Wills best interests.
When you say that if Power wins in court the
whole bill will land at the feet of Wills, are you saying that there will be no cost at all to the present owners? This seems to be at odds with AF's comment that the present club has a partial indemnity with the Wills.
Posted by: moonchild, swindon on 2:48pm Mon 21 Jul 08
[quote][bold]steve[/bold] wrote:
[quote][bold]dave bamber[/bold] wrote: i can`t believe macnamee is going to city **** alkl we need[/quote] Hahaa you should carry a liability warning with your name Red.Pls remember who this is chaps ;O)[/quote] Steve - I take your point but i tend to read comments on here at face value and not really take notice of who's made them. I started to take the original comment seriously because something was posted about McNamee and B City a week or so ago, but I couldn't remember who by.
Just for the record though - it was a wind up then?
steve wrote:
dave bamber wrote: i can`t believe macnamee is going to city **** alkl we need
Hahaa you should carry a liability warning with your name Red.Pls remember who this is chaps ;O)
Steve - I take your point but i tend to read comments on here at face value and not really take notice of who's made them. I started to take the original comment seriously because something was posted about McNamee and B City a week or so ago, but I couldn't remember who by.
Just for the record though - it was a wind up then?
Posted by: steve, brentford on 3:06pm Mon 21 Jul 08
[quote][bold]moonchild[/bold] wrote:
[quote][bold]steve[/bold] wrote: [quote][bold]dave bamber[/bold] wrote: i can`t believe macnamee is going to city **** alkl we need[/quote] Hahaa you should carry a liability warning with your name Red.Pls remember who this is chaps ;O)[/quote] Steve - I take your point but i tend to read comments on here at face value and not really take notice of who's made them. I started to take the original comment seriously because something was posted about McNamee and B City a week or so ago, but I couldn't remember who by. Just for the record though - it was a wind up then? [/quote] Fortunatly mate yes,you will find our old mate (Red army)dave bamber is renowned for it.
moonchild wrote:
steve wrote: dave bamber wrote: i can`t believe macnamee is going to city **** alkl we need
Hahaa you should carry a liability warning with your name Red.Pls remember who this is chaps ;O)
Steve - I take your point but i tend to read comments on here at face value and not really take notice of who's made them. I started to take the original comment seriously because something was posted about McNamee and B City a week or so ago, but I couldn't remember who by. Just for the record though - it was a wind up then?
Fortunatly mate yes,you will find our old mate (Red army)dave bamber is renowned for it.
Posted by: stfc4eva, Swindon on 3:10pm Mon 21 Jul 08
[quote][bold]dave bamber[/bold] wrote:
i must admit he was a very talented right footer was shakes... and he had a good shot on him! [/quote] are u an idiot?!?!?!
dave bamber wrote:
i must admit he was a very talented right footer was shakes... and he had a good shot on him!
are u an idiot?!?!?!
Posted by: Paul, Coate on 3:12pm Mon 21 Jul 08
[quote][bold]moonchild[/bold] wrote:
[quote][bold]Mithras[/bold] wrote:
It's a sad state of affairs that yet again the club is being dragged through the mire by the unpleasant decisions and personnel the Wills family entrusted to the running club to. Folding the holding company is a calculated move by the previous majority shareholders James Wills and Diamandis who held his shares through a proxy. In effect they have dragged the football club directly into the mire and forced the club to answer to charges that should be directed at the individuals who were responsible for the “share issue” at the time. Should Power win in court curiously the indemnity clause would simply present the whole bill back at the feet of the Wills and let Diamandis, Holt et al off without costing them a penny. Why? [/quote] Doesn't make much sense put like that.Perhaps that's the price that Wills has to pay for surrounding himself with advisors who allegedly)may have been covering themselves rather than acting in Wills best interests.
When you say that if Power wins in court the
[bold]whole[/bold] bill will land at the feet of Wills, are you saying that there will be no cost at all to the present owners? This seems to be at odds with AF's comment that the present club has a partial indemnity with the Wills.
[/quote] This partial indemnity thing is a red herring IMHO. For starters it wasn't AF's comment, it was in the text of the story. And it is at odds with the latest set of club accounts (which Fitton has signed) which state that the club is covered against any liabilities arising from this case. Which sounds rather more like a full indemnity, so the club will get the money just that (as AF does say) it will be a pain to recover it.
moonchild wrote:
Mithras wrote:
It's a sad state of affairs that yet again the club is being dragged through the mire by the unpleasant decisions and personnel the Wills family entrusted to the running club to. Folding the holding company is a calculated move by the previous majority shareholders James Wills and Diamandis who held his shares through a proxy. In effect they have dragged the football club directly into the mire and forced the club to answer to charges that should be directed at the individuals who were responsible for the “share issue” at the time. Should Power win in court curiously the indemnity clause would simply present the whole bill back at the feet of the Wills and let Diamandis, Holt et al off without costing them a penny. Why?
Doesn't make much sense put like that.Perhaps that's the price that Wills has to pay for surrounding himself with advisors who allegedly)may have been covering themselves rather than acting in Wills best interests.
When you say that if Power wins in court the
whole bill will land at the feet of Wills, are you saying that there will be no cost at all to the present owners? This seems to be at odds with AF's comment that the present club has a partial indemnity with the Wills.
This partial indemnity thing is a red herring IMHO. For starters it wasn't AF's comment, it was in the text of the story. And it is at odds with the latest set of club accounts (which Fitton has signed) which state that the club is covered against any liabilities arising from this case. Which sounds rather more like a full indemnity, so the club will get the money just that (as AF does say) it will be a pain to recover it.
Posted by: tractorboy, south bucks on 3:54pm Mon 21 Jul 08
Shall we get wind up merchant dave bamber aka red army banned again? He deliberately evokes such agression and malice by his stupid childish posts.
And moonchild the original quote came from deformed brain of this same pr#ck.
Shall we get wind up merchant dave bamber aka red army banned again? He deliberately evokes such agression and malice by his stupid childish posts.
And moonchild the original quote came from deformed brain of this same pr#ck.
Posted by: s.lovesey, Swindon on 3:57pm Mon 21 Jul 08
[quote][bold]tractorboy[/bold] wrote:
Shall we get wind up merchant dave bamber aka red army banned again? He deliberately evokes such agression and malice by his stupid childish posts. And moonchild the original quote came from deformed brain of this same pr#ck. [/quote] LOL sounds like a plan !!
tractorboy wrote:
Shall we get wind up merchant dave bamber aka red army banned again? He deliberately evokes such agression and malice by his stupid childish posts. And moonchild the original quote came from deformed brain of this same pr#ck.
LOL sounds like a plan !!
Posted by: Russ STFC, swindon on 4:01pm Mon 21 Jul 08
[quote][bold]stfc4eva[/bold] wrote:
[quote][bold]dave bamber[/bold] wrote:
i must admit he was a very talented right footer was shakes... and he had a good shot on him! [/quote] are u an idiot?!?!?![/quote] Do you really have to ask that.
This is perfect timing this could have an effect on bringing in new signings,as it is we are trying to get the football world back on side not mention the commercial side'this wont help matter's with this being brought up.I was hoping this would be sorted quickly,A postponement only mean's its going to drag on even more.
stfc4eva wrote:
dave bamber wrote:
i must admit he was a very talented right footer was shakes... and he had a good shot on him!
are u an idiot?!?!?!
Do you really have to ask that.
This is perfect timing this could have an effect on bringing in new signings,as it is we are trying to get the football world back on side not mention the commercial side'this wont help matter's with this being brought up.I was hoping this would be sorted quickly,A postponement only mean's its going to drag on even more.
Posted by: Wantage1, Wantage on 4:10pm Mon 21 Jul 08
We seem to have entered a run of bad news just before the season starts. All this is very worrying for STFC.
If these guys are owed £1.1 million, they should get it - and they obviously feel they have a strong case because they are risking high costs to make the legal arguements.
I am not a legal expert, but if they were to win, I presume the club as the legal entity would have to pay and then have to try and recover the costs as required. I can't imagine any of that would be an easy process and would mean the financial headaches around the club continue.
This is bad enough, but it will also mean that any repairing of STFC very battered (financial)reputatio
n within football will be further delayed. This will impact of our ability to sign new players which is becoming more critical by the day, let alone the months ahead.
The failure to attract new players is a worry and a puzzle - is it that no one has any trust in STFC or is it MM and AF not being good enough sellers of the club and it's ambition ?
Fans must focus on supporting the team (a whole lot more than they have done in recent years !), but I fear these problems could easily become a drain on morale and enthusiasm throughout.
A good start to the season is absolutely essential to take some of the pressure off !!!
We seem to have entered a run of bad news just before the season starts. All this is very worrying for STFC.
If these guys are owed £1.1 million, they should get it - and they obviously feel they have a strong case because they are risking high costs to make the legal arguements.
I am not a legal expert, but if they were to win, I presume the club as the legal entity would have to pay and then have to try and recover the costs as required. I can't imagine any of that would be an easy process and would mean the financial headaches around the club continue.
This is bad enough, but it will also mean that any repairing of STFC very battered (financial)reputatio
n within football will be further delayed. This will impact of our ability to sign new players which is becoming more critical by the day, let alone the months ahead.
The failure to attract new players is a worry and a puzzle - is it that no one has any trust in STFC or is it MM and AF not being good enough sellers of the club and it's ambition ?
Fans must focus on supporting the team (a whole lot more than they have done in recent years !), but I fear these problems could easily become a drain on morale and enthusiasm throughout.
A good start to the season is absolutely essential to take some of the pressure off !!!
Posted by: ivan, Bath on 5:38pm Mon 21 Jul 08
I just wonderedif AF and his Team agreed to cover any outstanding debts to buy control of the club for say £1 which is normal if a company is going into recievership or administartion.Clear
ly the old club has gone into administartion as the article infers.The AF team could have got a repreve from VAT/inland revenue to keep us going and perhaps they were banking on the Jutkawich/Sturrock/T
ozer/Wise monies to pay off
the bulk of the debts,it looks like Bill Power
has calculated the ST sales and is now comming after the club for money.Just hope that Af sits down with BP before the QPR game and comes to a deal as the Wills family have certainly played a flanker if AF is now concerned of his liabilities.The answer is to ask some of the present Board to pay power off-POwer lets face it to to Martin Arib is loose change!
I just wonderedif AF and his Team agreed to cover any outstanding debts to buy control of the club for say £1 which is normal if a company is going into recievership or administartion.Clear
ly the old club has gone into administartion as the article infers.The AF team could have got a repreve from VAT/inland revenue to keep us going and perhaps they were banking on the Jutkawich/Sturrock/T
ozer/Wise monies to pay off
the bulk of the debts,it looks like Bill Power
has calculated the ST sales and is now comming after the club for money.Just hope that Af sits down with BP before the QPR game and comes to a deal as the Wills family have certainly played a flanker if AF is now concerned of his liabilities.The answer is to ask some of the present Board to pay power off-POwer lets face it to to Martin Arib is loose change!
Posted by: Stfc Romain, swindon on 6:09pm Mon 21 Jul 08
[quote][bold]M Mack[/bold] wrote:
Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!![/quote] IS THAT ALL U EVER SAY GET A SEASON TICKET. THERE RICH WE ARE KNOT END OF STORY
M Mack wrote:
Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!!
IS THAT ALL U EVER SAY GET A SEASON TICKET. THERE RICH WE ARE KNOT END OF STORY
Posted by: Phil_S, Chippenham on 6:42pm Mon 21 Jul 08
[quote][bold]ivan[/bold] wrote:
I just wonderedif AF and his Team agreed to cover any outstanding debts to buy control of the club for say £1 which is normal if a company is going into recievership or administartion.Clear ly the old club has gone into administartion as the article infers.The AF team could have got a repreve from VAT/inland revenue to keep us going and perhaps they were banking on the Jutkawich/Sturrock/T ozer/Wise monies to pay off the bulk of the debts,it looks like Bill Power has calculated the ST sales and is now comming after the club for money.Just hope that Af sits down with BP before the QPR game and comes to a deal as the Wills family have certainly played a flanker if AF is now concerned of his liabilities.The answer is to ask some of the present Board to pay power off-POwer lets face it to to Martin Arib is loose change![/quote] Couple of points. No doubts exist that Bill P put the money into the club. He says it was a loan to repay the CVA, & some other Bills at the time. The previous board garbbed it & it went the same way as the other approx 3 million quid that dissapearred. Bill P is saying no paperwork was issued as should be the case, meaning the default position is that it is a loan & is repayable. They say that it was to buy shares in the HOLDING company. (23 -33% depending on who & when you listened to them).
Subsequently the holding company sells its only major assett to AF & Co. One of the last minute hitches is that AF wants an indemnity against it all coming home to roost. Meanwhile the resident financial guru is saying don't worry about it Bill P has no chance, just as he was telling SSW that HMRC would never close down a football club.
The way I see it is that Bill P is taking the club to court because it was the club he lent the money too. The holding company is a Diamandis Red Herring. I fully expect that Bill P will win, on the basis that I believe him but never believe anything Diamandis , Holt et al ever say.
I suspect the judge will also want to know where the money went. That could be really interesting !
The upshot is I expect that the population of cyprus will increase by one & SSW will have a bill to pay the club (& serves him right too)
ivan wrote:
I just wonderedif AF and his Team agreed to cover any outstanding debts to buy control of the club for say £1 which is normal if a company is going into recievership or administartion.Clear ly the old club has gone into administartion as the article infers.The AF team could have got a repreve from VAT/inland revenue to keep us going and perhaps they were banking on the Jutkawich/Sturrock/T ozer/Wise monies to pay off the bulk of the debts,it looks like Bill Power has calculated the ST sales and is now comming after the club for money.Just hope that Af sits down with BP before the QPR game and comes to a deal as the Wills family have certainly played a flanker if AF is now concerned of his liabilities.The answer is to ask some of the present Board to pay power off-POwer lets face it to to Martin Arib is loose change!
Couple of points. No doubts exist that Bill P put the money into the club. He says it was a loan to repay the CVA, & some other Bills at the time. The previous board garbbed it & it went the same way as the other approx 3 million quid that dissapearred. Bill P is saying no paperwork was issued as should be the case, meaning the default position is that it is a loan & is repayable. They say that it was to buy shares in the HOLDING company. (23 -33% depending on who & when you listened to them).
Subsequently the holding company sells its only major assett to AF & Co. One of the last minute hitches is that AF wants an indemnity against it all coming home to roost. Meanwhile the resident financial guru is saying don't worry about it Bill P has no chance, just as he was telling SSW that HMRC would never close down a football club.
The way I see it is that Bill P is taking the club to court because it was the club he lent the money too. The holding company is a Diamandis Red Herring. I fully expect that Bill P will win, on the basis that I believe him but never believe anything Diamandis , Holt et al ever say.
I suspect the judge will also want to know where the money went. That could be really interesting !
The upshot is I expect that the population of cyprus will increase by one & SSW will have a bill to pay the club (& serves him right too)
Posted by: Phil_S, Chippenham on 6:44pm Mon 21 Jul 08
PS I think you will find the reason Bill P did not pursue the debt straight away is because he was asked not too by the fans consortium.
PS I think you will find the reason Bill P did not pursue the debt straight away is because he was asked not too by the fans consortium.
Posted by: Paul, Coate on 6:53pm Mon 21 Jul 08
[quote][bold]ivan[/bold] wrote:
I just wonderedif AF and his Team agreed to cover any outstanding debts to buy control of the club for say £1 which is normal if a company is going into recievership or administartion.Clear
ly the old club has gone into administartion as the article infers.The AF team could have got a repreve from VAT/inland revenue to keep us going and perhaps they were banking on the Jutkawich/Sturrock/T
ozer/Wise monies to pay off
the bulk of the debts,it looks like Bill Power
has calculated the ST sales and is now comming after the club for money.Just hope that Af sits down with BP before the QPR game and comes to a deal as the Wills family have certainly played a flanker if AF is now concerned of his liabilities.The answer is to ask some of the present Board to pay power off-POwer lets face it to to Martin Arib is loose change![/quote] The old club hasn't gone into administration, the holding company has.
AF will almost certainly have agreed to pay off KNOWN debts, but he got an explicit indemnity from the Wills against this court case. So that means that ultimately the club are protected against the outcome of the case but Wills stands to lose a packet
ivan wrote:
I just wonderedif AF and his Team agreed to cover any outstanding debts to buy control of the club for say £1 which is normal if a company is going into recievership or administartion.Clear
ly the old club has gone into administartion as the article infers.The AF team could have got a repreve from VAT/inland revenue to keep us going and perhaps they were banking on the Jutkawich/Sturrock/T
ozer/Wise monies to pay off
the bulk of the debts,it looks like Bill Power
has calculated the ST sales and is now comming after the club for money.Just hope that Af sits down with BP before the QPR game and comes to a deal as the Wills family have certainly played a flanker if AF is now concerned of his liabilities.The answer is to ask some of the present Board to pay power off-POwer lets face it to to Martin Arib is loose change!
The old club hasn't gone into administration, the holding company has.
AF will almost certainly have agreed to pay off KNOWN debts, but he got an explicit indemnity from the Wills against this court case. So that means that ultimately the club are protected against the outcome of the case but Wills stands to lose a packet
Posted by: steve, brentford on 7:45pm Mon 21 Jul 08
[quote][bold]Stfc Romain[/bold] wrote:
[quote][bold]M Mack[/bold] wrote: Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!![/quote] IS THAT ALL U EVER SAY GET A SEASON TICKET. THERE RICH WE ARE KNOT END OF STORY[/quote] Thats the first time he`s said it,and he says if you can not just go get one,and what about Ted a he come back trumps didn`t he old chap. ha ha.
Stfc Romain wrote:
M Mack wrote: Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!!
IS THAT ALL U EVER SAY GET A SEASON TICKET. THERE RICH WE ARE KNOT END OF STORY
Thats the first time he`s said it,and he says if you can not just go get one,and what about Ted a he come back trumps didn`t he old chap. ha ha.
Posted by: lenka248, swindon on 8:29pm Mon 21 Jul 08
do u every buy anything without a recipt, if bp dont have this than the court has no question to answer. if the money was meant as a loan to pay of the cva, was it? again NO. fittion and co have cleared of the clubs debts.
where did this so called loan really go than? maybe pay for willie carsons chopper or expenses no doubt..
you can tell af has been busy with this and not strenghten our squad, as it at present is weaker than last term.
do u every buy anything without a recipt, if bp dont have this than the court has no question to answer. if the money was meant as a loan to pay of the cva, was it? again NO. fittion and co have cleared of the clubs debts.
where did this so called loan really go than? maybe pay for willie carsons chopper or expenses no doubt..
you can tell af has been busy with this and not strenghten our squad, as it at present is weaker than last term.
Posted by: MauriceMalpasClueles
sNumpty, Swindon on 8:22am Tue 22 Jul 08
All the supporters who wore the stupid orange hats should be ashamed bp was only ever interested in getting his money back after the plane crash. Any talk of takeovers was just him trying to force the wills family some pain by trying to destabalise the attempts to find a new owner. Thankfully af and co weren't scared off. Hopefully this leach will crawl back under the stone he came from.
All the supporters who wore the stupid orange hats should be ashamed bp was only ever interested in getting his money back after the plane crash. Any talk of takeovers was just him trying to force the wills family some pain by trying to destabalise the attempts to find a new owner. Thankfully af and co weren't scared off. Hopefully this leach will crawl back under the stone he came from.
Posted by: M Mack, Highworth on 8:42am Tue 22 Jul 08
[quote][bold]Stfc Romain[/bold] wrote:
[quote][bold]M Mack[/bold] wrote: Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!![/quote] IS THAT ALL U EVER SAY GET A SEASON TICKET. THERE RICH WE ARE KNOT END OF STORY[/quote] First time I have said it?...All you ever say is negative tosh. I'm not rich, I have saved a few quid each month, have sold my xbox360 and now I have enough. Somebody once gave me a few words of wisdom, 'if you can't say something positive, don't say anything'. Well if you did this, we would never hear from you again, which would be nice.
Stfc Romain wrote:
M Mack wrote: Look, all the rubbish that our current board have put up with and this particular problem shows how lucky we are to have a board that really want to do a job at Swindon. We are VERY lucky and ALL Town fans if they can, should show their gratitude and support by getting a season ticket. I will be getting mine and my sons in a few days and I have also talked my dad into getting one. These are tough times financially, but its a big saving over the season, so if you can do it, do it NOW!!!
IS THAT ALL U EVER SAY GET A SEASON TICKET. THERE RICH WE ARE KNOT END OF STORY
First time I have said it?...All you ever say is negative tosh. I'm not rich, I have saved a few quid each month, have sold my xbox360 and now I have enough. Somebody once gave me a few words of wisdom, 'if you can't say something positive, don't say anything'. Well if you did this, we would never hear from you again, which would be nice.
Posted by: moonchild, swindon on 9:19am Tue 22 Jul 08
[quote][bold]MauriceMalpasCluelessNumpty[/bold] wrote:
All the supporters who wore the stupid orange hats should be ashamed bp was only ever interested in getting his money back after the plane crash. Any talk of takeovers was just him trying to force the wills family some pain by trying to destabalise the attempts to find a new owner. Thankfully af and co weren't scared off. Hopefully this leach will crawl back under the stone he came from.[/quote] The orange hat thing was a combination of a tribute to Sturrock and of support to the trust who were trying to get a message to the Board that the fans were supporting the Manager, but not the old guard.
BP of course wanted his money back -he could see his takeover attempt was floundering. Think back to how many times we the fans were told by the old Board that negotiations were progressing well and a conclusion was imminent. Instead we had the pathetic debacle of the Best Holdings so called takeover, and more misinformation from the Board before that also collapsed.
Saying what you have about BP is uncalled for and unnecessary.
MauriceMalpasCluelessNumpty wrote:
All the supporters who wore the stupid orange hats should be ashamed bp was only ever interested in getting his money back after the plane crash. Any talk of takeovers was just him trying to force the wills family some pain by trying to destabalise the attempts to find a new owner. Thankfully af and co weren't scared off. Hopefully this leach will crawl back under the stone he came from.
The orange hat thing was a combination of a tribute to Sturrock and of support to the trust who were trying to get a message to the Board that the fans were supporting the Manager, but not the old guard.
BP of course wanted his money back -he could see his takeover attempt was floundering. Think back to how many times we the fans were told by the old Board that negotiations were progressing well and a conclusion was imminent. Instead we had the pathetic debacle of the Best Holdings so called takeover, and more misinformation from the Board before that also collapsed.
Saying what you have about BP is uncalled for and unnecessary.
Posted by: Phil_S, Chippenham on 11:48am Tue 22 Jul 08
[quote][bold]MauriceMalpasCluelessNumpty[/bold] wrote:
All the supporters who wore the stupid orange hats should be ashamed bp was only ever interested in getting his money back after the plane crash. Any talk of takeovers was just him trying to force the wills family some pain by trying to destabalise the attempts to find a new owner. Thankfully af and co weren't scared off. Hopefully this leach will crawl back under the stone he came from.[/quote] I think that history has proved that we were right. Waht you right is so obviously wrong, I even doubt that you are a supporter...
MauriceMalpasCluelessNumpty wrote:
All the supporters who wore the stupid orange hats should be ashamed bp was only ever interested in getting his money back after the plane crash. Any talk of takeovers was just him trying to force the wills family some pain by trying to destabalise the attempts to find a new owner. Thankfully af and co weren't scared off. Hopefully this leach will crawl back under the stone he came from.
I think that history has proved that we were right. Waht you right is so obviously wrong, I even doubt that you are a supporter...
Posted by: themoonraker, swindon on 12:53pm Tue 22 Jul 08
Here we go again, Phil_S and his trust mates telling us how wonderful they are/were and how without their intervention things would be so much worse...YAWN,YAWN.
I am sure that all the trust members are STFC fans, and congratulations to them for wanting to help the club, but do they have to keep reminding us day in and day out.
The true givers in this world do so anonymously, without courting publicity.
I am getting fed up of reading and listening to all their self congratulating diatribe.....Time to shut up and move on....PLEASE
Here we go again, Phil_S and his trust mates telling us how wonderful they are/were and how without their intervention things would be so much worse...YAWN,YAWN.
I am sure that all the trust members are STFC fans, and congratulations to them for wanting to help the club, but do they have to keep reminding us day in and day out.
The true givers in this world do so anonymously, without courting publicity.
I am getting fed up of reading and listening to all their self congratulating diatribe.....Time to shut up and move on....PLEASE
Posted by: Phil_S, Chippenham on 2:49pm Tue 22 Jul 08
I was merely answering an ill informed, unfair, inacurate & untrue post. I didn't even mention the TRUST.
I was merely answering an ill informed, unfair, inacurate & untrue post. I didn't even mention the TRUST.
Posted by: realist, wilts on 8:48pm Tue 22 Jul 08
[quote][bold]Phil_S[/bold] wrote:
I was merely answering an ill informed, unfair, inacurate & untrue post. I didn't even mention the TRUST.
[/quote] Sorry , Cant let you get away with the last comment on this. The earlier post was more factual than you would like to or want to believe.
1 The root of it was that Power wants his money back irrespective of where it was spent on otherwise what the hell is he going to court for ? Fact or fiction? Or am I missing the obvious.
2. No direct reference to the Trust I agree but I think most supporters know the Trust fully backed the Orange campaign - so if not "guilty" by use of the word then by association ( your use of the word "we" ????) - that campaign sought to further de-stabilize the club and force an issue at a time when it needed real support ( it then nearly took the wrong route because of the pressure, but fortunately in the end got the right one -and a solution that at first impression can appear to finance and run the club in an orderly manner )
If I understand Powers claim that he wants to come back in Red and white against his life long club association would suggest he is more likely to lean loyalties to further his own position rather than unyielding loyalty to one cause or another- albeit a lifelong fan of one.
Swindon are my life long team - I could never support another one against them. ( Even for money - Ok then promise to give me back all the money I have spent since I first started going then I might think about it - Nah, its not worth the ignominy being labelled a turncoat -
I do wonder what the QPR fans of their ex chairman now given that recent statement.
In the in the midst of all these squabbles wasn't there talk of him going back to QPR ? - "Every time there is talk of a takeover at QPR Bill Power is going to be linked with it.
"He is a high-profile name and a life long fan of the club, but this news is not making me nervous." - P Davis TrustSTFC) Cue life long fan !!
History I'm afraid confirms it was another "lucky escape" along with Best holdings.
So I would be rather careful about linking in any shape or form Powers involvement and a "we wuz right" statement. Right about what? The only certainty at the moment is that Power wants any money he put in back irrespective of why, where and how it was used. Some "fan" he turns out to be !
Phil_S wrote:
I was merely answering an ill informed, unfair, inacurate & untrue post. I didn't even mention the TRUST.
Sorry , Cant let you get away with the last comment on this. The earlier post was more factual than you would like to or want to believe.
1 The root of it was that Power wants his money back irrespective of where it was spent on otherwise what the hell is he going to court for ? Fact or fiction? Or am I missing the obvious.
2. No direct reference to the Trust I agree but I think most supporters know the Trust fully backed the Orange campaign - so if not "guilty" by use of the word then by association ( your use of the word "we" ????) - that campaign sought to further de-stabilize the club and force an issue at a time when it needed real support ( it then nearly took the wrong route because of the pressure, but fortunately in the end got the right one -and a solution that at first impression can appear to finance and run the club in an orderly manner )
If I understand Powers claim that he wants to come back in Red and white against his life long club association would suggest he is more likely to lean loyalties to further his own position rather than unyielding loyalty to one cause or another- albeit a lifelong fan of one.
Swindon are my life long team - I could never support another one against them. ( Even for money - Ok then promise to give me back all the money I have spent since I first started going then I might think about it - Nah, its not worth the ignominy being labelled a turncoat -
I do wonder what the QPR fans of their ex chairman now given that recent statement.
In the in the midst of all these squabbles wasn't there talk of him going back to QPR ? - "Every time there is talk of a takeover at QPR Bill Power is going to be linked with it.
"He is a high-profile name and a life long fan of the club, but this news is not making me nervous." - P Davis TrustSTFC) Cue life long fan !!
History I'm afraid confirms it was another "lucky escape" along with Best holdings.
So I would be rather careful about linking in any shape or form Powers involvement and a "we wuz right" statement. Right about what? The only certainty at the moment is that Power wants any money he put in back irrespective of why, where and how it was used. Some "fan" he turns out to be !
Posted by: Phil_S, Chippenham on 10:23am Wed 23 Jul 08
I have to reply, but will make it as brief as possible.
Of course he wants his money back, so would I so would you. Hopefully what happened to it will become clear in time, but if my suspicions are correct then even more so.
I am proud yo have worn Orange. At the time it was clear to most that Diamandis & Co had the club on the road to ruin. The orange campaign was to show support for the fans consortium, & Paul Sturrock, without detracting from support for the team. Of course the TRUST fully backed it. There was no AF on the horizon then if you remember. The alternative would have been oblivion. (AF has confirmed the club were within hours of being wound up by HMRC, prompting my statement that we were proved right). Once AF came on the scene, he and his consortium were backed as it appeared that they were more likely to be able to take over. (It was clear that Wills would rather see the club go under than sell to the Fans Consortium). As for support for the previous regime, I must totally disagree... they may have needed it, but not for the good of the club, in fact support may well have encouraged them to stay in their positions.
I don't think Bill has ever made any secret of his love for QPR, I have no problem there. At least he is honest about it, unlike others who supported the likes of Arsenal, Reading whilst pretending they had STFC's best interest at heart. I would think that Bill's comment was one of reconciliation. He has nothing against the new owners or STFC itself. They didn't take his money.
Finally, I don't let my support for the club blind me to the rights & wrongs & morals of the issue. Morally & Ethically Bill is due his money, this is about proving it legally.
I have to reply, but will make it as brief as possible.
Of course he wants his money back, so would I so would you. Hopefully what happened to it will become clear in time, but if my suspicions are correct then even more so.
I am proud yo have worn Orange. At the time it was clear to most that Diamandis & Co had the club on the road to ruin. The orange campaign was to show support for the fans consortium, & Paul Sturrock, without detracting from support for the team. Of course the TRUST fully backed it. There was no AF on the horizon then if you remember. The alternative would have been oblivion. (AF has confirmed the club were within hours of being wound up by HMRC, prompting my statement that we were proved right). Once AF came on the scene, he and his consortium were backed as it appeared that they were more likely to be able to take over. (It was clear that Wills would rather see the club go under than sell to the Fans Consortium). As for support for the previous regime, I must totally disagree... they may have needed it, but not for the good of the club, in fact support may well have encouraged them to stay in their positions.
I don't think Bill has ever made any secret of his love for QPR, I have no problem there. At least he is honest about it, unlike others who supported the likes of Arsenal, Reading whilst pretending they had STFC's best interest at heart. I would think that Bill's comment was one of reconciliation. He has nothing against the new owners or STFC itself. They didn't take his money.
Finally, I don't let my support for the club blind me to the rights & wrongs & morals of the issue. Morally & Ethically Bill is due his money, this is about proving it legally.
Posted by: realist, wilts on 8:36pm Wed 23 Jul 08
"I was merely answering an ill informed, unfair, inaccurate & untrue post. I didn't even mention the TRUST." Quote Phil S
Fancy words but really there for all to read so why not be just open and honest which clearly some one else picked up on about the association and factually that original post was correct - Bill Power wants his money back - you have have accepted that so how do you claim still it it was an "unfair, inaccurate & untrue post."
How do you ascertain that Wills would not sell to the fans consortium ? They didn't true - perhaps the FC didn't come up to scratch or offer sufficient guarantees in the eyes of the vendors but given the ultimate solution I reckon that was a bl**dy good decision given the progress made since the AF consortium took over - will you agree on that ?
You intimate in your reasoning that bringing the old regime down was far more important to you than saving the club. I'm sure that Swindon Town fans reading that would really thank you and the Orange campaign for that judgement !
As for morality or otherwise ask any Town fan after they have paid their money and witnessed an inept performance whether they feel shafted and the answer will probably be yes - do they get their money back - No.
No one made or forced BP put his money in - he did no doubt on the gamble he would earn something out of it - he didn't - tough - that is the way of the business world some make millions out of good decisions others lose loads.
And as for QPR it will be good to know what sort of reception he gets in future at "the loft" given his pledged support for Swindon in the forthcoming cup tie are you going to tell them? -if not perhaps I should -as his "love" for QPR appears to be wavering given his pledge to wear red and white at the game at Swindon.
That is a reported fact not fiction.
PS Of course he will be "nice " to the new owners only a fool would fail to "oil the wheels" when trying to recover a financial loss from those that may be in a position to provide recompense and avoid potential high court costs - that's so obvious but I'm sure you will claim is wildly unfair, inaccurate and untrue statement.
"I was merely answering an ill informed, unfair, inaccurate & untrue post. I didn't even mention the TRUST." Quote Phil S
Fancy words but really there for all to read so why not be just open and honest which clearly some one else picked up on about the association and factually that original post was correct - Bill Power wants his money back - you have have accepted that so how do you claim still it it was an "unfair, inaccurate & untrue post."
How do you ascertain that Wills would not sell to the fans consortium ? They didn't true - perhaps the FC didn't come up to scratch or offer sufficient guarantees in the eyes of the vendors but given the ultimate solution I reckon that was a bl**dy good decision given the progress made since the AF consortium took over - will you agree on that ?
You intimate in your reasoning that bringing the old regime down was far more important to you than saving the club. I'm sure that Swindon Town fans reading that would really thank you and the Orange campaign for that judgement !
As for morality or otherwise ask any Town fan after they have paid their money and witnessed an inept performance whether they feel shafted and the answer will probably be yes - do they get their money back - No.
No one made or forced BP put his money in - he did no doubt on the gamble he would earn something out of it - he didn't - tough - that is the way of the business world some make millions out of good decisions others lose loads.
And as for QPR it will be good to know what sort of reception he gets in future at "the loft" given his pledged support for Swindon in the forthcoming cup tie are you going to tell them? -if not perhaps I should -as his "love" for QPR appears to be wavering given his pledge to wear red and white at the game at Swindon.
That is a reported fact not fiction.
PS Of course he will be "nice " to the new owners only a fool would fail to "oil the wheels" when trying to recover a financial loss from those that may be in a position to provide recompense and avoid potential high court costs - that's so obvious but I'm sure you will claim is wildly unfair, inaccurate and untrue statement.
Posted by: Phil_S, Chippenham on 10:20am Thu 24 Jul 08
[quote][bold]realist[/bold] wrote:
"I was merely answering an ill informed, unfair, inaccurate & untrue post. I didn't even mention the TRUST." Quote Phil S Fancy words but really there for all to read so why not be just open and honest which clearly some one else picked up on about the association and factually that original post was correct - Bill Power wants his money back - you have have accepted that so how do you claim still it it was an "unfair, inaccurate & untrue post." How do you ascertain that Wills would not sell to the fans consortium ? They didn't true - perhaps the FC didn't come up to scratch or offer sufficient guarantees in the eyes of the vendors but given the ultimate solution I reckon that was a bl**dy good decision given the progress made since the AF consortium took over - will you agree on that ? You intimate in your reasoning that bringing the old regime down was far more important to you than saving the club. I'm sure that Swindon Town fans reading that would really thank you and the Orange campaign for that judgement ! As for morality or otherwise ask any Town fan after they have paid their money and witnessed an inept performance whether they feel shafted and the answer will probably be yes - do they get their money back - No. No one made or forced BP put his money in - he did no doubt on the gamble he would earn something out of it - he didn't - tough - that is the way of the business world some make millions out of good decisions others lose loads. And as for QPR it will be good to know what sort of reception he gets in future at "the loft" given his pledged support for Swindon in the forthcoming cup tie are you going to tell them? -if not perhaps I should -as his "love" for QPR appears to be wavering given his pledge to wear red and white at the game at Swindon. That is a reported fact not fiction. PS Of course he will be "nice " to the new owners only a fool would fail to "oil the wheels" when trying to recover a financial loss from those that may be in a position to provide recompense and avoid potential high court costs - that's so obvious but I'm sure you will claim is wildly unfair, inaccurate and untrue statement. [/quote] Right my last word. To call Bill Power a Leach is unfair.
It is untrue to say that any that any attempts at take over was trying to cause the Wills family some pain& destabilise the club. It's like accusing any rescue ships of sinking the Titanic. It is also Inacurate. And how could the Orange campaign scare off AF when it started almost a year before he arrived on the scene. I guess the user name slagging off our manager says it all.
Realist, I will agree I am very happy with the AF consortium. But it isn't as if there were straight choices is it ? We know know of course that AF had tried to buy the club before but the Wills etc had obviously chosen not to sell despite pleading poverty & not meeting the terms oif the CVA etc. I can only speak for myself, but aas far as I was concerned the running of the club by Diamandis & the sanctioning of same by the Wills family would lead to no club to support. (Vindicated I believe with AF's comment that the club was hours from being wound up when he took over.)
The fans consortium was put together to rescue the club, & at first SSW welcomed the approach. However, this changed once Mr Diamandis heard of it.From then on it became clear over time that he would rather take the club under than sell to the fans consortium. He said as much in the Adver in December 2006. (Probably because there would not be a vast fortune to be made. They even employed two sets of lawyers to nuddy the waters. Getting that lot out & saving the club were one & the same thing.
Despite all of this the Wills continued to employ directors who did not know what they were doing, & not pay the debts risking the very future of the club. The BEST consortium was the alternative that the club chose, but again not enough money in it with last minute demands scuppering the deal. (A poor one, with hind sight , but it was still a better deal than no deal).
Even at this time a year later Bill Power was still willing to back the fans consortium, so there was still a way to save the club if AF & co had not come along. In fact when AF almost walked away due to the last minute demands he would of helped.
So perhaps you understand why I object to abuse of the man. He may not have been the eventual solution, but no doubt he was there when needed.
realist wrote:
"I was merely answering an ill informed, unfair, inaccurate & untrue post. I didn't even mention the TRUST." Quote Phil S Fancy words but really there for all to read so why not be just open and honest which clearly some one else picked up on about the association and factually that original post was correct - Bill Power wants his money back - you have have accepted that so how do you claim still it it was an "unfair, inaccurate & untrue post." How do you ascertain that Wills would not sell to the fans consortium ? They didn't true - perhaps the FC didn't come up to scratch or offer sufficient guarantees in the eyes of the vendors but given the ultimate solution I reckon that was a bl**dy good decision given the progress made since the AF consortium took over - will you agree on that ? You intimate in your reasoning that bringing the old regime down was far more important to you than saving the club. I'm sure that Swindon Town fans reading that would really thank you and the Orange campaign for that judgement ! As for morality or otherwise ask any Town fan after they have paid their money and witnessed an inept performance whether they feel shafted and the answer will probably be yes - do they get their money back - No. No one made or forced BP put his money in - he did no doubt on the gamble he would earn something out of it - he didn't - tough - that is the way of the business world some make millions out of good decisions others lose loads. And as for QPR it will be good to know what sort of reception he gets in future at "the loft" given his pledged support for Swindon in the forthcoming cup tie are you going to tell them? -if not perhaps I should -as his "love" for QPR appears to be wavering given his pledge to wear red and white at the game at Swindon. That is a reported fact not fiction. PS Of course he will be "nice " to the new owners only a fool would fail to "oil the wheels" when trying to recover a financial loss from those that may be in a position to provide recompense and avoid potential high court costs - that's so obvious but I'm sure you will claim is wildly unfair, inaccurate and untrue statement.
Right my last word. To call Bill Power a Leach is unfair.
It is untrue to say that any that any attempts at take over was trying to cause the Wills family some pain& destabilise the club. It's like accusing any rescue ships of sinking the Titanic. It is also Inacurate. And how could the Orange campaign scare off AF when it started almost a year before he arrived on the scene. I guess the user name slagging off our manager says it all.
Realist, I will agree I am very happy with the AF consortium. But it isn't as if there were straight choices is it ? We know know of course that AF had tried to buy the club before but the Wills etc had obviously chosen not to sell despite pleading poverty & not meeting the terms oif the CVA etc. I can only speak for myself, but aas far as I was concerned the running of the club by Diamandis & the sanctioning of same by the Wills family would lead to no club to support. (Vindicated I believe with AF's comment that the club was hours from being wound up when he took over.)
The fans consortium was put together to rescue the club, & at first SSW welcomed the approach. However, this changed once Mr Diamandis heard of it.From then on it became clear over time that he would rather take the club under than sell to the fans consortium. He said as much in the Adver in December 2006. (Probably because there would not be a vast fortune to be made. They even employed two sets of lawyers to nuddy the waters. Getting that lot out & saving the club were one & the same thing.
Despite all of this the Wills continued to employ directors who did not know what they were doing, & not pay the debts risking the very future of the club. The BEST consortium was the alternative that the club chose, but again not enough money in it with last minute demands scuppering the deal. (A poor one, with hind sight , but it was still a better deal than no deal).
Even at this time a year later Bill Power was still willing to back the fans consortium, so there was still a way to save the club if AF & co had not come along. In fact when AF almost walked away due to the last minute demands he would of helped.
So perhaps you understand why I object to abuse of the man. He may not have been the eventual solution, but no doubt he was there when needed.
Posted by: realist, wilts on 7:50pm Thu 24 Jul 08
[quote][bold]Phil_S[/bold] wrote:
[quote][bold]realist[/bold] wrote:
"I was merely answering an ill informed, unfair, inaccurate & untrue post. I didn't even mention the TRUST." Quote Phil S Fancy words but really there for all to read so why not be just open and honest which clearly some one else picked up on about the association and factually that original post was correct - Bill Power wants his money back - you have have accepted that so how do you claim still it it was an "unfair, inaccurate & untrue post." How do you ascertain that Wills would not sell to the fans consortium ? They didn't true - perhaps the FC didn't come up to scratch or offer sufficient guarantees in the eyes of the vendors but given the ultimate solution I reckon that was a bl**dy good decision given the progress made since the AF consortium took over - will you agree on that ? You intimate in your reasoning that bringing the old regime down was far more important to you than saving the club. I'm sure that Swindon Town fans reading that would really thank you and the Orange campaign for that judgement ! As for morality or otherwise ask any Town fan after they have paid their money and witnessed an inept performance whether they feel shafted and the answer will probably be yes - do they get their money back - No. No one made or forced BP put his money in - he did no doubt on the gamble he would earn something out of it - he didn't - tough - that is the way of the business world some make millions out of good decisions others lose loads. And as for QPR it will be good to know what sort of reception he gets in future at "the loft" given his pledged support for Swindon in the forthcoming cup tie are you going to tell them? -if not perhaps I should -as his "love" for QPR appears to be wavering given his pledge to wear red and white at the game at Swindon. That is a reported fact not fiction. PS Of course he will be "nice " to the new owners only a fool would fail to "oil the wheels" when trying to recover a financial loss from those that may be in a position to provide recompense and avoid potential high court costs - that's so obvious but I'm sure you will claim is wildly unfair, inaccurate and untrue statement. [/quote] Right my last word. To call Bill Power a Leach is unfair.
It is untrue to say that any that any attempts at take over was trying to cause the Wills family some pain& destabilise the club. It's like accusing any rescue ships of sinking the Titanic. It is also Inacurate. And how could the Orange campaign scare off AF when it started almost a year before he arrived on the scene. I guess the user name slagging off our manager says it all.
Realist, I will agree I am very happy with the AF consortium. But it isn't as if there were straight choices is it ? We know know of course that AF had tried to buy the club before but the Wills etc had obviously chosen not to sell despite pleading poverty & not meeting the terms oif the CVA etc. I can only speak for myself, but aas far as I was concerned the running of the club by Diamandis & the sanctioning of same by the Wills family would lead to no club to support. (Vindicated I believe with AF's comment that the club was hours from being wound up when he took over.)
The fans consortium was put together to rescue the club, & at first SSW welcomed the approach. However, this changed once Mr Diamandis heard of it.From then on it became clear over time that he would rather take the club under than sell to the fans consortium. He said as much in the Adver in December 2006. (Probably because there would not be a vast fortune to be made. They even employed two sets of lawyers to nuddy the waters. Getting that lot out & saving the club were one & the same thing.
Despite all of this the Wills continued to employ directors who did not know what they were doing, & not pay the debts risking the very future of the club. The BEST consortium was the alternative that the club chose, but again not enough money in it with last minute demands scuppering the deal. (A poor one, with hind sight , but it was still a better deal than no deal).
Even at this time a year later Bill Power was still willing to back the fans consortium, so there was still a way to save the club if AF & co had not come along. In fact when AF almost walked away due to the last minute demands he would of helped.
So perhaps you understand why I object to abuse of the man. He may not have been the eventual solution, but no doubt he was there when needed.
[/quote] My last word too.
You say "It is untrue to say that any that any attempts at take over was trying to cause the Wills family some pain& destabilise the club". Oh what ??? don't I recall demands to not buy season tickets or merchandise, protests inside the ground, protests outside the ground, if that wasn't aimed at or inducing de-stabalisation then I don't know what was.
No where have I suggested it was aimed a de-railing the AF consortium bid - that is a figment of your imagination
You also said > "Even at this time a year later Bill Power was still willing to back the fans consortium,".
Yes but then again of course that would seem a perfectly logical action given he wanted "his money" back and continuing support of the FC was just another way to achieve that aim -( bringing the court case has proven he wants his money back rather than be a supporter of STFC). Given his recent comments about cosying up to the present regime is a repetition of that type of approach. “A leopard never changes his spots”
But, at least you now seem sense by acknowledging "He may not have been the eventual solution " Hooray you have seen the light at last !
Fortunately we can agree the way ahead which is far more important is with the AF offer - so let's leave it at that and look forward rather than back.
PS Please do read my comments in future before comment – I have said nothing about “leach” or manager.
Phil_S wrote:
realist wrote:
"I was merely answering an ill informed, unfair, inaccurate & untrue post. I didn't even mention the TRUST." Quote Phil S Fancy words but really there for all to read so why not be just open and honest which clearly some one else picked up on about the association and factually that original post was correct - Bill Power wants his money back - you have have accepted that so how do you claim still it it was an "unfair, inaccurate & untrue post." How do you ascertain that Wills would not sell to the fans consortium ? They didn't true - perhaps the FC didn't come up to scratch or offer sufficient guarantees in the eyes of the vendors but given the ultimate solution I reckon that was a bl**dy good decision given the progress made since the AF consortium took over - will you agree on that ? You intimate in your reasoning that bringing the old regime down was far more important to you than saving the club. I'm sure that Swindon Town fans reading that would really thank you and the Orange campaign for that judgement ! As for morality or otherwise ask any Town fan after they have paid their money and witnessed an inept performance whether they feel shafted and the answer will probably be yes - do they get their money back - No. No one made or forced BP put his money in - he did no doubt on the gamble he would earn something out of it - he didn't - tough - that is the way of the business world some make millions out of good decisions others lose loads. And as for QPR it will be good to know what sort of reception he gets in future at "the loft" given his pledged support for Swindon in the forthcoming cup tie are you going to tell them? -if not perhaps I should -as his "love" for QPR appears to be wavering given his pledge to wear red and white at the game at Swindon. That is a reported fact not fiction. PS Of course he will be "nice " to the new owners only a fool would fail to "oil the wheels" when trying to recover a financial loss from those that may be in a position to provide recompense and avoid potential high court costs - that's so obvious but I'm sure you will claim is wildly unfair, inaccurate and untrue statement.
Right my last word. To call Bill Power a Leach is unfair.
It is untrue to say that any that any attempts at take over was trying to cause the Wills family some pain& destabilise the club. It's like accusing any rescue ships of sinking the Titanic. It is also Inacurate. And how could the Orange campaign scare off AF when it started almost a year before he arrived on the scene. I guess the user name slagging off our manager says it all.
Realist, I will agree I am very happy with the AF consortium. But it isn't as if there were straight choices is it ? We know know of course that AF had tried to buy the club before but the Wills etc had obviously chosen not to sell despite pleading poverty & not meeting the terms oif the CVA etc. I can only speak for myself, but aas far as I was concerned the running of the club by Diamandis & the sanctioning of same by the Wills family would lead to no club to support. (Vindicated I believe with AF's comment that the club was hours from being wound up when he took over.)
The fans consortium was put together to rescue the club, & at first SSW welcomed the approach. However, this changed once Mr Diamandis heard of it.From then on it became clear over time that he would rather take the club under than sell to the fans consortium. He said as much in the Adver in December 2006. (Probably because there would not be a vast fortune to be made. They even employed two sets of lawyers to nuddy the waters. Getting that lot out & saving the club were one & the same thing.
Despite all of this the Wills continued to employ directors who did not know what they were doing, & not pay the debts risking the very future of the club. The BEST consortium was the alternative that the club chose, but again not enough money in it with last minute demands scuppering the deal. (A poor one, with hind sight , but it was still a better deal than no deal).
Even at this time a year later Bill Power was still willing to back the fans consortium, so there was still a way to save the club if AF & co had not come along. In fact when AF almost walked away due to the last minute demands he would of helped.
So perhaps you understand why I object to abuse of the man. He may not have been the eventual solution, but no doubt he was there when needed.
My last word too.
You say "It is untrue to say that any that any attempts at take over was trying to cause the Wills family some pain& destabilise the club". Oh what ??? don't I recall demands to not buy season tickets or merchandise, protests inside the ground, protests outside the ground, if that wasn't aimed at or inducing de-stabalisation then I don't know what was.
No where have I suggested it was aimed a de-railing the AF consortium bid - that is a figment of your imagination
You also said > "Even at this time a year later Bill Power was still willing to back the fans consortium,".
Yes but then again of course that would seem a perfectly logical action given he wanted "his money" back and continuing support of the FC was just another way to achieve that aim -( bringing the court case has proven he wants his money back rather than be a supporter of STFC). Given his recent comments about cosying up to the present regime is a repetition of that type of approach. “A leopard never changes his spots”
But, at least you now seem sense by acknowledging "He may not have been the eventual solution " Hooray you have seen the light at last !
Fortunately we can agree the way ahead which is far more important is with the AF offer - so let's leave it at that and look forward rather than back.
PS Please do read my comments in future before comment – I have said nothing about “leach” or manager.
Posted by: Phil_S, Chippenham on 9:44am Fri 25 Jul 08
No you didn't, but [bold]MauriceMalpasClueles
sNumpty[/bold] did & that was what provoked my original post.
No you didn't, but
MauriceMalpasClueles
sNumpty did & that was what provoked my original post.
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