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Well the votes are kinda in !!!!
We were not informed about the name of the investor, but they done checks and they are not ideal but are acceptable.
We were asked to vote to allow the board to issue shares etc and bring investment. In the end a vote was approved for the board to return when the members have being given more information including safe guards !!! The vote was about 30 % completely agaist and 70% wanting more info.
See what happens next !!!
A sensible decision
Keep scrutinising and following the money. There will be plenty of journalists willing to help in that department.
Best of luck.
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If, indeed, it IS Hilton then doesn’t the very fact he’s up and at another football club so soon after an experience that (to paraphrase him) drove him to the darkest places mentally, then he’s a total fool. I’d suggest that, actually, he’s bided his time and is now piling in on someone vulnerable with his ulterior motive – whatever that may be…
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It’s only 2 Oct but you’ve won the prize for most idiotic post of the year, hands down. Collect your trophy from Mr A Nally at ITFC. Or the MTFC boardroom… possibly.
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Fishing or not, is anyone surprised?
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Well the votes are kinda in !!!!
We were not informed about the name of the investor, but they done checks and they are not ideal but are acceptable.
We were asked to vote to allow the board to issue shares etc and bring investment. In the end a vote was approved for the board to return when the members have being given more information including safe guards !!! The vote was about 30 % completely agaist and 70% wanting more info.
See what happens next !!!
Glad the majority of shareholders made the right call wanting more info before deciding. However, the fact the Board won’t tell you the investors name should be enough to tell you all that something is seriously not right. What on earth does ‘done checks, not ideal but acceptable’ mean? What definitions are they using. Do you have any faith in the Board MTFC? Do they know what they are doing and is it the best for the club’s stability and it’s future? Not getting good vibes from them based on actions so far.
Also, when are they returning to you and where does this leave your EGM that was scheduled for tomorrow?
“An owner with no name?”
Who needs a name when you can choose from so many?
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Blyth Spartans supporters boycotting on Saturday; taken over just before playing us last year by a shady businessman with no traceable wealth. Being ran into the ground and currently occupy the relegation places of the Northern Premier League.
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Money laundering via non-league clubs is rife. When are the authorities going to crack down on it with any sort of meaning? Absolute joke and destroying clubs essential to thriving positive communities.
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Money laundering via non-league clubs is rife. When are the authorities going to crack down on it with as any sort of meaning? Absolute joke and destroying clubs essential to thriving positive communities.
I have little doubt there’s money laundering going on in the EFL, and probably nearer to home than many think.
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Well I wouldn’t trust a turk.
Yet you’d trust a convicted fraudster. I don’t trust any football club owners.
Blyth Spartans supporters boycotting on Saturday; taken over just before playing us last year by a shady businessman with no traceable wealth. Being ran into the ground and currently occupy the relegation places of the Northern Premier League.
I recall reading about the takeover when it was announced and thinking this will end up in tears. It is about time the football authorities actually started to implement some proper governance in relation to club ownership. Football clubs are so ingrained into their local communities, and it seems that there are so many unsavory characters that are willing to take on ownership. When the proverbial hits the fan, the repercussions are felt beyond the club players and staff.
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Not being a convicted fraudster would be a good place to start…
It is an interesting point though; Peter Swann would have passed every fit and proper test going and certainly put a substantial amount of his own money into this club, however you wouldn’t want him near your football club.
So nothing in the test for you about being a convicted fraudster, being barred from being a company Director, never filing a annual return at Companies House with multiple companies dissolved or struck off? Having a traceable income as and business history that withstands scrutiny should be a prerequisite IMO
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