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Simon Elliot on Facebook suggesting SUFC have acquired two plots: a 19 acre plot and 14 acre plot as shown below. Boards up at both plots.
Sites acquired no less.
Hilton’s been busy! He appeared on the Iron Army podcast at the beginning of April and he stated that a deal would be done with Peter Swann (that’s after the initial press release from the club confirming a deal had been done). Now, in less than 6 weeks, he’s managed to identify and complete (that’s what acquired means) on two pieces of land. Quite the achievement even if I do say so myself.
I will check the title deeds later.
Scunthorpe United is a football club , its a fans forum so questions should be about the club the plans moving forward and its future ..i dont give a rats arse what Hilton has done in the past and what good will it do fans delving into his past i want the deal to go through and the club to survive and prosper for the benefit of the town and all involved including staff and supporters.
Im not privvy to any inside info just hope the very negative things we are hearing be it truth gossip rumour or fact dont happen as the thought of ground sharing , going bust would be a disaster for so many.
Not long to wait to find out more info via the forum ..then on to the 24th May deadline
UTI
I know you will be in good company. The majority of people come away from events like this feeling great because they have had hot air blown up their bottoms from start to finish . Whether or not what is said withstands scrutiny is another matter entirely.
The logic of not caring about Hilton is flawed and I doubt you would apply the same logic to other things that you hold dear to your heart. If you care for your club you should have an interest in who owns it.
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I hope some of your prominent supporters have met to agree a coordinated approach to asking questions of Hilton. No subjects should be off limits.
A good starting point should be his history, reasons for his name changes (he’s only acknowledged the White/Hilton change), lack of any proven track record and financial success in business, his personal wealth, reason why his company accounts are overdue, the legal dispute with Stoneygate 2007. These subjects are pertinent in understanding how he operates and what you can expect. For those saying you are not bothered about this, you are simply sticking your heads in the sand.
The second subject should be the terms of sale which he agreed with Peter Swann and the funding of the same. I expect the transfer of the club’s shares was done at £0 on the understanding that Hilton would agree to take on the existing liabilities. Obviously the purchase of the ground, training ground, surrounding land and naming rights is a whole different ball game – given that Hilton said he would not be financing the club with loans, where was the money coming from to purchase the freehold?
Questions about football and a whole host of other peripheral subjects are really immaterial at this stage.
Given the number of years Hilton has been involved at Ilkeston there appears to be a lack of interviews both on and off camera and the fact he’s doing a fans’ forum at your place suggests to me that he needs you more than you need him.
Stick to the facts, keep it polite but don’t let the night and agenda be dictated to you.
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TBF Rene, certain people have come on here and made claims regarding the new owner not having the financial ability to complete the purchase of GP and surrounding land on May 24th, all others have said is that without proof their claims mean nothing. They say one thing and others disagree but conjecture has never been helpful when trying to have an honest debate based on facts, that’s all most sensible minded individuals want don’t they?
Some thoughts:
1) Individuals who are able to purchase and finance loss making football clubs need to be extremely wealthy and have liquid funds on tap. Such individuals generally have a clear history of how their wealth has been obtained. These high net worth individuals buy assets which generate them a return, they are not reliant on third party funders, they use their own money because they are the bank!
2) In Hilton’s interview which was released on the club’s website on 02/04/23, he made the claim that he has put £3M into Ilkeston. I have looked at their balance sheet and there is no significant change to their fixed assets or net worth under his stewardship to show where the £3M has been invested.
3) Hilton claims to have told the National League that he will not be funding the club with loans.
4) If you look at the last set of accounts filed for Hilton’s business (Maxwell Cohen Ltd), assets total the best part of £2M including a bank balance of £2,023 and liabilities total the best part of £2.5M, the majority of which is long term debt relating to secured loans provided by Stoneygate 2007 Ltd & Westfoot Investments Ltd. Now if Hilton has sufficient personal wealth to purchase the freehold and finance the football club, I would have expected Hilton to have personally financed his own business by providing director’s loans and for his business to pay him interest on those loans. Why pay a third party funder if you can pay yourself?
5) If the Swann family are keen to do a deal on the stadium, naming rights and surrounding land and there are no restrictive covenants, I estimate Hilton needs somewhere between £3.5M and £5M to get the deal done and to see the club through the next 12 months. Remembering point 3, where is the money coming from?
I just don’t get it.
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Simon only relayed what David told him (said he’d spoke to him). I guess supporters accept that explanation or not? Nothing else to go on.
It’s nothing new. Club owner/director uses a third party, usually an individual with some standing with the intended audience to convey a message. If I was Simon, it wouldn’t be something which I would be getting involved in. Hilton has a mouth and so does the club.
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If a few people on Twitter questioning his background are enough to make him give up then being a football club owner probably isn’t for him. From what I’ve seen this week at least a couple of Scunthorpe supporting twitter accounts that got involved have deleted themselves so obviously Twitter isn’t for them.
You have failed to mention that one of those had a picture of their house sent to them on Twitter by a new account “samfran98959645”, an account which has now been deleted.
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Deereyme – Regarding the threats, there might be some merit in raising this with the Supporters Trust as well as with one of the Football Liaison Offices at Humberside Constabulary. IIRC, Chief Superintendent Wilson was/is one of your matchday Commanders.
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I think as far as Hilton is concerned, doing the interview after the Torquay game and the subsequent podcast with IronHour because he has put himself well and truly in the spotlight.
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Ironforever99 has a bit to say about the abuse.
Deleted my post about the abuse on Mr Hilton and his wife/kids based on the assumption that it never actually happened. Asked multiple times and not 1 person has come forward as having actually seen it. Apparently his wife/kids wasn't even there and he was with a friend.
— Ironforever (@Ironforever99) April 24, 2023
There were no wife and kids in the car. Been confirmed by multiple people that actually saw it happen. 1 guy was shouting "fucking shit" so Hilton replied along the lines of "fuck off, I've only been here 10 weeks" and that was it.
— Ironforever (@Ironforever99) April 24, 2023
https://twitter.com/Ironforever99/status/1650543830515560467?s=20
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IB, mind me asking what has fuelled your obsession? Genuinely curious.
I was forwarded a link to the interview Hilton did after the Torquay game and was asked for my opinion and observations.
I am not obsessed with Hilton. However, the number of red flags hold my interest.
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