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.

Peterborough and Sunderland... that's absolutely hilarious

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.

Thanks for the summary. Would love to hear Power's side of the story. Do Standing/Barry and Morfuni support each other and have a similar position on what to do about Power?

This is the Lee Power, who played 18 games (no goals) for us in the 80's, isn't it? He became very much a journeyman footballer of lower league status.

It never made much sense where he would have acquired enough cash to buy a league club. Thankfully there are stringent background checks in place to ensure clubs do not fall in to the wrong hands.

As an ex player, he would have been aware of the potential for Plymouth and the need of an investor. Did he ever show an interest in 'buying' Argyle?

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

Some on here are refusing to see what is right before their eyes.

Congrats on the title and good luck getting through your current difficulties.

This is the Lee Power, who played 18 games (no goals) for us in the 80's, isn't it? He became very much a journeyman footballer of lower league status.

It never made much sense where he would have acquired enough cash to buy a league club. Thankfully there are stringent background checks in place to ensure clubs do not fall in to the wrong hands.

As an ex player, he would have been aware of the potential for Plymouth and the need of an investor. Did he ever show an interest in 'buying' Argyle?

But wasn't he awesome in pre-season fixtures scoring a bucketful of goals and getting us all excited ahead of the first league game?