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1 user thanked author for this post.
He didn’t write the debt off – he took all the assets in recompense for the money he spent on his business. He had 8/9years playing football manager loving the limelight paying silly wages and employing 10 managers all of them sacked within their contract and took on a CEO on huge salary for what reason? The club still has a debt and included in that is the EFL loan. The real money in the family stopped his fun and now we’re on the brink
7 users thanked author for this post.
Admin would be viable. He’s not selling the ground or anything of value so he (Coolsilk) wouldn’t lose anything. SUFC Ltd has assets of £50k ish in the last accounts and is the only thing stopping him realising the commercial value of the land. By removing all the assets from SUFC its easier to fold/disband/whatever he wants. But, wait, we have that magic lease which allows SUFC 99 or 999 years (he doesn’t remember which) use of the ground – but then he said he would give it back for free. So which one of those have we had proof of? I’d wager neither.
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I fear you are right, there is no desire from Swann to keep the club afloat and most now see through his empty speak. He’s a busted flush in this town with zero credibility
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Points deduction and Admin would have control of company to sell company
deal with creditors etc. Coolsilk own land so would not be under Admin- so he would charge whatever he liked – despite saying they would be able to use ground/transferred for free – we all know that’s not happening. The only sure thing is the best interests of Swanns and not the club will be his main motive.The long term hope is Admin – somebody buys the club for £1 and moves it to a new ground using £6m to build somewhere
else with support of the council.6 users thanked author for this post.
I fear that the period of mourning for Scunthorpe fans will go on for a lot longer than the rest of the country.
11 users thanked author for this post.
Does Swann seruously think fans believe him. Buying a house – proof of funds needed before acceptance. Forking out millions for a football club with specific rules around fit and proper – nah don’t need proof of funds mate
Does anybody believe a word he says?
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If I were the fan director I would release a weekly/fortnightly statement (similar to LT). There may be no power in his role and no dialogue but some crafted wordsmithing written in the right way can shine a light on many things right and wrong with the club. This isn’t a criticsm of NW because he has an almost impossible job and I bet he is just as frustrated if not more so than many of us seeing the debacle unfolding before him. It is a way to relieve pressure (which is why people post straight after the match Iron-awe – it is a form of therapy).
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It just shows how much bullshit comes out the club. Hill’s youth policy is nonsense. In fact anything Hill touches is turned to crap. Remember highly rated Burns last year. Press repeat – these players, other clubs players won’t get better here under Hill. Name one player who has improved/ flourished under Hill and McMahon.
He cares as much about the club and the fans as the Swann family
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We haven’t reached our level yet. Swann won’t rid us of Hill. We’re only 3 games in so the usual acid test is 10 games. Not saying he is the right man, clearly his ego is way better than his competence but another manager coming and going and we’ll get a little bit worse – it couldn’t get any worse under Cox – it did, under Hill can’t get any worse – it will – the owner needs to sell up quick but won’t.
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Positive for Swanny, he has tried to inject life into Blackpool. Despite the town being the most deprived in the country, childrens
homes have trebled, drug taking out of control and no go areas at night he has decided to build a 5 star hotel and casino with a James Bond themed bar filling a vital gap in the market for those struggling to survive but just enough money for a £10 martini.4 users thanked author for this post.
I do like the messages coming out of the club – it feels like its back with the fans/community after years of being in the doldrums with the Swann family slowly destroying it. You can see positivity now but until all the Swanns have done one there’s always a doubt.
We do need 2
strikers
though!3 users thanked author for this post.
I’ve agreed a price as there is nobody who wants to invest
Nobody has upgraded the 34yr old ground in 40/50 years
The 72 years in the football league cannot compete in the football league
We can fund the ground on £160k per year ground rent that we cannot legally chargesee the pattern….
you would hope it is SUFC related but just don’t know. Is it too much to expect??? Fingers and everything possible crossed
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Jason Maza on twitter posted ‘second draft done’
That could mean one of two things….
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I’d like to see Rowe’s stats because when he was in midfield people drifted past him all the time. When the opposition breaked he looked like he was running in treacle. Playing that role either highlighted his lack of pace or his lack of fitness
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You don’t need a CEO or COO if its run as a successful hobby rather than a professional train wreck. They’re just titles they mean nothing if the people filling them are mouthpieces – would the current CEO outgoing COO get a similar job outside of this shitshow? No.
The club needs a leader, it has none.
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The plan is youth? And what happens when that doesn’t work?
Everybody has a plan until they get punched in the face…..
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We sold better than expected season tickets – and apart from Boyce all we have is some building work starting, funny that.
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