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exiledmeggie |
September 4, 2022, 8:31am |
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The lemonade is being kept on ice for another season at Glumford Park!
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| Living in Exile since 1980, but still have Black and White blood! |
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RonMariner |
September 4, 2022, 8:50am |
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It’s astonishing to think that, in September 2010 while we were struggling to come to terms with our first season in the NL, Scunthorpe were playing in The Championship! Three divisions above us.
Must be a very hard pill for them to swallow.
I must say, enjoyable as it has been to see them plummeting after some of them rubbed our noses in it unmercifully at the time, I think their current plight is so desperate that even I am beginning to think they may have suffered enough.
Karma is one thing, but this is becoming painful to watch. Or am I just too soft hearted?
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LN8Mariner |
September 4, 2022, 8:56am |
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They have an irresolvable problem; no ground ownership, an £11m debt to their owner and a team destined for relegation regional league football.
This is their major issue now. As far as I can see they’ve got two options left. Swann does the ‘honourable’ thing and sells for a nominal fee; either one of those silly fees like £1 or the going rate for non-league so perhaps £1M to £2M. There’s no way he will take another hit so I can’t see that happening. So in reality his only asset is the ground, is that worth £11M with or without the club? I doubt it so the easiest thing to do is to run the club down so there’s no covenant (for want of a better word) attached to the sale of the ground which then opens up the potential for more bidders who aren’t interested in buying a football club but would like some reasonably prime real estate for retail opportunities. Unless there’s some extremely rich and slightly foolish genuine fan out there the next steps I can see are ground share and/or phoenix club which for all the bluff and bluster would be a shame.
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jamesgtfc |
September 4, 2022, 9:09am |
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I would say that their ground is worth more without a football club playing there every other week. The best case scenario is for someone to get hold of the club cheap without the ground and either lease it off Swann or groundshare. Let that £11m be his problem.
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aldi_01 |
September 4, 2022, 9:12am |
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This is their major issue now. As far as I can see they’ve got two options left. Swann does the ‘honourable’ thing and sells for a nominal fee; either one of those silly fees like £1 or the going rate for non-league so perhaps £1M to £2M. There’s no way he will take another hit so I can’t see that happening. So in reality his only asset is the ground, is that worth £11M with or without the club? I doubt it so the easiest thing to do is to run the club down so there’s no covenant (for want of a better word) attached to the sale of the ground which then opens up the potential for more bidders who aren’t interested in buying a football club but would like some reasonably prime real estate for retail opportunities. Unless there’s some extremely rich and slightly foolish genuine fan out there the next steps I can see are ground share and/or phoenix club which for all the bluff and bluster would be a shame.
Rumour among fans is they’ve explored ground share opportunities. As a rivalry it’s flipping hilarious but as a football fan it’s terrifying. It’s terrifying how many morons are allowed to get involved md but and run football clubs. Personally, I’d quite liked them to have a couple of excrement seasons and then come back up and hopefully have a derby if we hadn’t gone up. I’d rather play scunny than say Stevenage of someone like franchise fc. A group have met the fit and proper criteria by al accounts but as of yet, they have been unable to prove funds. It’s hinted that these are cronies of Swann. There’s also a rumour than a local consortium have been put together to purchase the club but nothing has seemingly come of it yet. My STH mate at scunny reckons neither will go through before it’s too late, he doesn’t think the second consortium will get the club because the deal won’t suit Swann…perhaps they’re tyre kickers? Having had long conversations with my mate, the comparisons between Swann and Fenty are stark and quite alarming. Whatever we think and feel as rivals, there’s a group of fans, be it small, that are seeing their club be destroyed piece by piece.
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| 'the poor and the needy are selfish and greedy'...well done Mozza |
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crusty ole pie |
September 4, 2022, 9:30am |
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It’s astonishing to think that, in September 2010 while we were struggling to come to terms with our first season in the NL, Scunthorpe were playing in The Championship! Three divisions above us.
Must be a very hard pill for them to swallow.
I must say, enjoyable as it has been to see them plummeting after some of them rubbed our noses in it unmercifully at the time, I think their current plight is so desperate that even I am beginning to think they may have suffered enough.
Karma is one thing, but this is becoming painful to watch. Or am I just too soft hearted?
Am with you Ron starting to feel so sorry for their real fans and can’t help feeling that had we not won the jackpot with our new owners we might be sharing That berth one place above them
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RonMariner |
September 4, 2022, 9:32am |
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Is that right that they are still 11 million in debt to Swann? I thought he had taken the ground in settlement if that debt? Or was the debt 22million rather than 11 million?
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Gaffer58 |
September 4, 2022, 9:33am |
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With retail going to the dogs, is the ground really worth what Swann and others think, we couldn’t get a retail park and ground built 30 years ago before Amazon etc
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Civvy at last |
September 4, 2022, 9:38am |
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I
Having said that, why aren't Scunny fans hounding Swann out? Have they just given up as a fanbase?
We let Fenty get away with far too much for far too long. If it wasn’t for the Alex May debacle I genuinely believe he’d still be the owner. Whilst I doubt we’d have sunk as far as Scunny, I reckon we’d still be non-league !!!
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| The wife was going away for a girly weekend. I jokingly remarked 'I don't know whether to spend it watching porn or watching football' 'you may as well spend it watching porn' she replied That's understanding darling what makes you say that? I asked She said 'Well you already know how to play football' |
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RonMariner |
September 4, 2022, 9:46am |
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We let Fenty get away with far too much for far too long.
If it wasn’t for the Alex May debacle I genuinely believe he’d still be the owner. Whilst I doubt we’d have sunk as far as Scunny, I reckon we’d still be non-league !!!
I agree. No way would we be back in the EFL under Fenty. Thank goodness the May thing came to light. In retrospect it was the crucial turning point.
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