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Amateur football club forced out of 'inclusive' FA league over 'outright transphobic' policy itv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itv.com Daily Mail and Mail on Sunday newspapers.
'Accidental' sale of shares could pave way for Swindon Town takeover thisiswiltshire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisiswiltshire.co.uk Daily Mail and Mail on Sunday newspapers.
TOWN CASE: Sale of shares could pave way for Swindon Town takeover thisiswiltshire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisiswiltshire.co.uk Daily Mail and Mail on Sunday newspapers.
SWINDON Town chairman Lee Power said he wanted to either sell the club or “fund it himself again”, a court heard. The second claim, made by his barrister at the High Court this afternoon, appeared to go against his position last month – when it was claimed the club was insolvent and the only option was to sell to US investors Able. Fans had hoped that today’s hearing before deputy High Court judge Nicholas Thompsell would result in more certainty over the ownership of the club. Rival offers have been made by US firm AC Sports Wiltshire LLC and Australian construction mogul Clem Morfuni’s company Axis. ....
The question at the heart of this case is pretty simple: who owns Swindon Town? Two years ago, football agent Michael Standing and Australian construction mogul Clem Morfuni each obtained court orders preventing Lee Power from selling shares in the club. Why? Because they claimed they owned a stake in the club. Morfuni said he’d paid £1.1m for a 15 per cent stake in Town in 2018. That matter was later settled – so he does now own his 15 per cent stake. Mr Standing said he went in 50-50 with Lee Power, although his involvement was hidden at the time. Mr Power, by contrast, says that Mr Standing was acting on behalf of Premier League player Gareth Barry. ....