Could anyone at the club explain this?

Iron Bru Forums Blast Furnace Could anyone at the club explain this?

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  • #237054
    FerriteFerrite
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    Registered On: December 23, 2013
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    #237057
    StockyStocky
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    Registered On: May 29, 2017
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    At the fans forum last week a question was asked about the satisfied charge notification filed a couple of weeks ago and whether that loan had been replaced by any other loan. Leanne Mayo stated, and confirmed in the notes of the meeting published by the club, that it was a paper exercise to tidy up a loose end that should have been done at the time of the ground transfer and that no other loans were taken out on the ground.

    Given that the paperwork is dated 29 April 2022, why did the chief exec publicly state on 5 May 2022 that no further loans had subsequently been taken out against the ground??????

    #237063
    SouthYorksIronSouthYorksIron
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    Registered On: May 26, 2017
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    Maybe she didn’t know?

    It’s a Coolsilk asset now, not SUFCs, so she may not have been informed.

    That would have involved courtesy, common decency etc.

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    #237075
    StockyStocky
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    Indeed, I suspect she didn’t, but that would mean a business owner sent his CEO to a meeting without updating her with the facts!!!!

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    #237078
    mkironMK Iron
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    An astute businessman wouldn’t do that.

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    #237080
    Anonymous
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    The Twilight Zone?

    #237085
    Iron-aweIron-awe
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    Registered On: June 21, 2017
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    I used to love the Twilight Zone, more nostalgia.

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    #237086
    WestyorksironWestyorksiron
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    Registered On: October 13, 2021
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    Is this the action of someone who is serious about selling the club?

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    #237096
    vadervader
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    Registered On: October 21, 2017
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    So does this mean that if Coolsilk go under the club would be renting the ground off the administrator or any new owner could buy it back for a pittance?

    #237118
    WestyorksironWestyorksiron
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    Registered On: October 13, 2021
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    I am sure it’s a perfectly normal business practice and we have no need to worry. After all it’s not as though this astute businessman has spectacularly mismanaged the finances of the club or has spent millions building a hotel that is still to open?

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    #237119
    IronaweIronawe
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    Registered On: December 31, 2013
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    Must need some money but goes against all that was said at forum and also doesn’t make it attractive for potential buyers. There is only one winner from the demise of SUFC.

    He could sell SUFC and tell prospective buyers they will have to find a new ground

    It will hardly get people rushing to buy season tickets.

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    #237120
    lucentdreamlucentdream
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    Registered On: June 19, 2017
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    You can search Companies House for the lender which appears to be, Property Funding 2 Limited. I am no expert but on paper it does not scream source of funding! They’ve been a company less than two years and never filed accounts.

    #237121
    bartonscorpionbartonscorpion
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    Registered On: July 20, 2015
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    What happened to the Swann statement about five or six months ago regarding giving back the ground as soon as when he leaves the club, does this now mean that SUFC are stuck with this guy?
    The club has turned out to be the laughing stock of the once member of the football league, they have been drained of everything, fans do not want me to name this list once again, but the way SUFC has been missmanaged and milked of everything and nothing has ever come to light throughout this miserable period, where supporters have been drained of any entertainment, enjoyment and the clubs assets have even been signed over to the guys own company, leaving our fans with non-league football, no decent players, no assets and no money, and we have a drained club that is owned by a guy that has not enough interest or neck, to even turn up to watch the sad results of his ownership management. What’s your thoughts UpTheIron99 ?????????????????

    The latest issue is now that Northampton have lodged a complaint to the football league over the selection of seven or eight youth players being turned out last Saturday, in a game that certainly cost Northampton automatic promotion, when will it ever end?? Sadly it will probably be sooner than a lot of supporters or ex supporters think.

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    #237122
    NorthumbironNorthumbiron
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    Registered On: January 3, 2014
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    No they haven’t (see other threads)!

    Anyway making three changes from the previous week is hardly weakening the team.

    Man City do it every game!

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    #237224
    TJ60TJ60
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    Registered On: March 30, 2022
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    Yes I was the person asking the question at the fans forum and asked for clarification twice. Original charge settled 27th April . Mortgage taken out with Glanford Park and surrounding land as security on 29thApril. Coincidence?
    Leanne Mayo possibly did not have knowledge of this. But a,aging it did not appear as a public record until after the fans meeting.

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