Ideal for Harry then.

He can appoint his dog as coach, Sandra as physio and still have enough to get his Grand-daughter involved as CEO.

All a little messy when on verge of being awarded League 2 title.

Lee Power: Swindon Town chairman tells court that club could face administration after sale blocked -

https://www.bbc.co.uk/sport/football/52737205

Not surprised to be honest.

Lived beyond their means. Look at the signings they made and you can only guess at their wages. Maybe even have loans to pay for some of those players.

If a club is living on the edge or beyond and loses income like the last couple of months they are in the doo doo.

Those were exactly my thoughts. Their January window signing of strikers was madness. God knows what they paid.

Anyone seen this episode of "Can't pay or we'll take it away" - they'll be back on it soon...

https://www.youtube.com/watch?v=dd6EO2myF7Q&t=557s (skip to 9:25)

I don’t understand how the proposed buyer could buy the club without the agreement of the two principal shareholders. If they don’t like it they can block it, which means administration if they’re going to run out of cash. What’s the usual points deduction for administration?

Given that this league season has been agreed to finish (awaiting confirmation from the EFL and FA) - it’ll probably be that the points deduction doesn’t come into effect until the start of next season..

Wonder if Crewe have any problems. Could we end up as Champions!

If it carries on like this, we'll be in the bleedin' Premier League!

Ideal for Harry then.

He can appoint his dog as coach, Sandra as physio and still have enough to get his Grand-daughter involved as CEO.

Surely his missus will be finishing coach, given her apparent pedigree in this area..

So Exeter could be promoted with us....that would definitely take the shine off our promotion.....get on with it.

Really?

So if Exeter also get promoted, you believe it would somehow make our promotion a little less enjoyable?

I just don't get this rivalry at all. If it's a choice between playing Tranmere or Fleetwood home and away next season, or Exeter, I know who I'd gladly pick.

it would be easier to get a ticket for the away games at Fleetwood or Tranmere. So they get my vote.

I'm not prepared to sit in with Excreta fans again like I had to this season. Unbearable - one of the low points in my entire life.

Give me Tranmere or Fleetwood over Exeter....yes most definitely....Exeter 1 game away fan....they absolutely love going to Exeter...Top Fan.

Hi guys. Congrats on the promotion.

Short summary.
Power ‘sold’ 15% of the club to Clem Morfuni for £1.1m and never got around to actually legalising it. He’s saying the money was ‘investment’ not purchase of shares.

When Power took over he was, basically, skint so Standing, a football agent with one main client, his lifelong buddy Gareth Barry, put in £300,000 to cover his expenses in the purchase and a further £500,000 for ongoing running costs.

Don’t ask me why, but Standing/Barry trusted Power without any formalisation of their involvement - EFL rules against players having an interest in a club. Since 2013 they have put £6m into the club on the ‘understanding’ they owned 50% of the club and were entitled to 50% of the future sale of certain players.

Matt Ritchie was sold to Bournemouth for £400,000 with a 20% sell on, so when Power received £1.85m on Ritchie’s sale to Newcastle he lied to Standing/Barry saying that money was due to the previous owner in lieu of a previous loan. Power trousered the lot.

Up pops an American company, Able, who have offered £7.5m to buy the club. Power was interested but declined to inform the other parties. They got wind and landed him with an injunction preventing any sale or putting the club into administration.

So now there’s a Mexican Stand-off with the 3 parties over who gets what on any future sale.

Bottom line - Power is a right lady’s garden.

Interesting summary ! Thanks.
I heard Power on TalkSPORT at the weekend saying the club were financially sound.

PS- Neither Swindon nor Argyle have been promoted yet. It depends on all sorts of factors, including what happens in the leagues above and what the EFL decide to do next.

I know it, you know it. Virtually confirmed today.

So Exeter could be promoted with us....that would definitely take the shine off our promotion.....get on with it.

Not going to happen. Swindon will go up, but will have to start next season on minus points.

As for their current predicament.....................,Bless

Just seen this BBC story- hopefully Swindon and PAFC are to be promoted

https://www.bbc.co.uk/sport/football/52758193

I’m not sure relegated clubs will give up without a strong fight though.