Di Phelpsio
Member
- Joined
- Jan 18, 2015
- Messages
- 60
- Reaction score
- 13
- Points
- 8
- Supports
- Swindon
Not really a storm in a teacup, if anything it's bigger than that. Yesterday's clarification statement raises much more questions than answers.Turning out to be a bit of a storm in a teacup. Clem needed £2.9m to pay off a debenture due immediately he bought the club, didn’t have the readies to hand, raised the money by selling 2 lots of 10% of the club. Now paid that back. Apart from not communicating this to the fans - after trumpeting his tenure would be transparent - it seems a sensible way of dealing with that particular debt.
If the previous owner had done the exact same thing of borrowing funds from associates he's refused to name, transferred them shares in exchange, barefaced lied about this the whole time only until the evidence came out proving otherwise, the fanbase would have been up in arms.
Wearing a bucket hat and pulling pints has had the desired effect of sports washing.