"Meet Our New Boss"

[Keith]

While Petronet's website is worse than Shrimps Voices, the company appear at face value, to be a decent size...

https://www.reuters.com/business/energy ... 024-02-06/

Still doesn't explain why they are interested in Morecambe FC?

[marky No.1]

Like many of the Companies involved in the trail, Petronet is in the process of Striking Off

[BerlinWaller]

Google earth shows the address in Hayes to be a modest 3 bed Semi detached house. It doesn't stink of money.

[Keith]

Like many of the Companies involved in the trail, Petronet is in the process of Striking Off

So it is murky and [deliberately?] confusing?

[marky No.1]

Like many of the Companies involved in the trail, Petronet is in the process of Striking Off

So it is murky and [deliberately?] confusing?

Well there maybe more than one Petronet Ltd.?
This one is based in Hayes and has Indian owners, formed in July 2023

[KenH]

Like many of the Companies involved in the trail, Petronet is in the process of Striking Off

So it is murky and [deliberately?] confusing?

Well there maybe more than one Petronet Ltd.?
This one is based in Hayes and has Indian owners, formed in July 2023

There can only be one Petronet Ltd at a time. You can re-use the same name for a new company only once the previous one is fully struck off and removed from the register.

The current active Petronet Ltd is only shown as "process of striking off" because it hasn't submitted it's annual confirmation statement, so it's something that Companies House themselves have instigated, not the directors/shareholders. Companies House have also changed the registered office address to their own address as presumably the legitimate owners/occupiers of the address that was originally used have objected to Co House about it being used, so it may have been a false address or the people who formed the company may have moved away without changing the address.

Whatever, the company will end up struck off shortly as clearly the people who formed it are no longer wanting it.

[black morse]

Brilliant Every single thing we find out about the new prospective owner(s) screams......NO!!!!!!!!!!

The EFL will be extremely cautious with a Regulator threat hanging over them and are not going to approve this guy. . How can our BoD or anyone else be hopeful that this will go through? Which leaves us stuck with Jason who is not going to find a 'responsible buyer' prepared to pay the price he wants.

As I understood it the money originally from Sarbjot came through shares in the club so I take that if his and his cronies bids fail to get approval he cannot demand his money back. He will have to sell his shares wherever he can. Am I right?

[marky No.1]

Like many of the Companies involved in the trail, Petronet is in the process of Striking Off

Well there maybe more than one Petronet Ltd.?
This one is based in Hayes and has Indian owners, formed in July 2023

There can only be one Petronet Ltd at a time. You can re-use the same name for a new company only once the previous one is fully struck off and removed from the register.

The current active Petronet Ltd is only shown as "process of striking off" because it hasn't submitted it's annual confirmation statement, so it's something that Companies House themselves have instigated, not the directors/shareholders. Companies House have also changed the registered office address to their own address as presumably the legitimate owners/occupiers of the address that was originally used have objected to Co House about it being used, so it may have been a false address or the people who formed the company may have moved away without changing the address.

Whatever, the company will end up struck off shortly as clearly the people who formed it are no longer wanting it.

Yes indeed, but I was referring to Companies such as Petronet LNG Ltd, also owned by Indians.

Yes Mr Morse, he can't demand his money back.
The only shares that are worth anything, other than for vanity, are the owners

[Phoenix Shrimp 2017]

Following on from the last post does anyone know how much Bond Group actually paid to acquire the shares, or is it mixed up with other dealings and/or a closely guarded secret?

[marky No.1]

Following on from the last post does anyone know how much Bond Group actually paid to acquire the shares, or is it mixed up with other dealings and/or a closely guarded secret?

I remember they got it by default/accident as they didn't plan on buying a rugby club and a football club at the same time

[Bare bum]

today's update from Martin Calladine - part 2 of his investigation.

https://theuglygame.wordpress.com/2024/ ... boss-pt-2/



I was at the Mazuma this morning to pick up some tickets and parked next to an oldish BMW with two sikh men inside, one looking like Kuljeet Singh Moni, but with a longer greyer beard. As I returned to my car I found myself glimsing at the back seat - perhaps to see if there were any bags of money or contractual documents. There weren't. Just a load of car-flotsam and jetsam and some golden wonder crisp packets.

[black morse]

today's update from Martin Calladine - part 2 of his investigation.

https://theuglygame.wordpress.com/2024/ ... boss-pt-2/



I was at the Mazuma this morning to pick up some tickets and parked next to an oldish BMW with two sikh men inside, one looking like Kuljeet Singh Moni, but with a longer greyer beard. As I returned to my car I found myself glimsing at the back seat - perhaps to see if there were any bags of money or contractual documents. There weren't. Just a load of car-flotsam and jetsam and some golden wonder crisp packets.

As they were at the Mazuma I expect they were meeting the BoD's and they'll be giving us an update soon.

[Billy bodger]

Why are we dubious about the people behind the agreement to buy the club off Jason?

1 They have not come out publicly yet or disclosed their plans for the Club. Why the continued secrecy? It is puzzling that now a name is in the public domain, that they still have not come close it publicly to come out and say it’s them or to deny its them!

2 The length is of time since the agreement.

3 The failure to put in the proper paper work to the EFL, what is the hold up? and therefore can they not see or care about the Club and its supporters?

4 If it’s true who the buyers are, the supposed possible link between them and Sarbjot Johal, especially after his calamitous and humiliating (for the Club), failed bid to buy the Club.

5 Money! (we will leave that there other than to say it’s a big big worry!)

6 Their other business just don’t fill the fans with hope that they will make the Club successful into the future.

7 If the bid is someone who has still managed to keep their identity secret, WHY?

[Billy bodger]

today's update from Martin Calladine - part 2 of his investigation.

https://theuglygame.wordpress.com/2024/ ... boss-pt-2/



I was at the Mazuma this morning to pick up some tickets and parked next to an oldish BMW with two sikh men inside, one looking like Kuljeet Singh Moni, but with a longer greyer beard. As I returned to my car I found myself glimsing at the back seat - perhaps to see if there were any bags of money or contractual documents. There weren't. Just a load of car-flotsam and jetsam and some golden wonder crisp packets.

This is very good work by Martin Calladine, parts 1 and 2 plus the work he did on Sarbjot Johal illustrates in depth what are potential red flags about the bid to buy Morecambe FC.

Now, can this be passed on to the EFL bu the Shrimps Trust?

We all know about Jason and the free abandonment of the lack of ethics when it comes to his dealing with the fans.

Do we need to stop this bid, it’s about our new owners more than getting rid of Jason, ( who would have thought I would write that!!).

We don’t want to get out of one mess and end up in another, maybe even bigger mess.

Lizzie Collins needs to read this work by Matin Calladine. She also should get Jason in front of the Sports Committee in the House of Commons, the EFL, and a representative from the Shrimps Trust. That’s how to get answers.

I hope it is an Avenue to go down and I’m worried that Avenue may close and the bid gets through and then when you read Martin’s work you wonder where we are going to end up.

As I’ve written before the Shrimp Trust need to apply pressure on th buyers to come out before the bid goes through. It’s imperative that this secrecy stops and a more open process, that is open to scrutiny happens.

[black morse]

It's highly likely that the Trust have read the Martin Calladine articles and have taken the appropriate measures but as has been stated before...a) The Trust do not read everything on here and b) Any ideas should be e-mailed directly to the Trust. Have you done that Billy?

[Billy bodger]

It's highly likely that the Trust have read the Martin Calladine articles and have taken the appropriate measures but as has been stated before...a) The Trust do not read everything on here and b) Any ideas should be e-mailed directly to the Trust. Have you done that Billy?

Yes I have contacted the Trust about the Martin Calladine articles and yes they have probably read them, the question is can or will they use them?

For me the bid should could possibly be thrown out for lack of information and the length of time the prospective buyers are taking in giving all information to the EFL for proper scrutiny.

The rules do not mention about time limits being in force but it does not say they are, they say a buyer will be given time to put in their bid as each bid is different. For me it’s open to interpretation and the EFL have always given buyers the time a bid needs, but it cannot be open ended, no governing body would do that, surely.

A case should be put forward to persuade the EFL that this bid has had more than a reasonable time frame to put all the information forward for the EFL to scrutinise it properly. It has to be argued that the lack of the relevant information and the time it is taking is bringing the process into disrepute and damaging Morecambe FC and its good name.

If anyone from the Shrimps Trust reads this please act accordingly.

[black morse]

It's highly likely that the Trust have read the Martin Calladine articles and have taken the appropriate measures but as has been stated before...a) The Trust do not read everything on here and b) Any ideas should be e-mailed directly to the Trust. Have you done that Billy?

Yes I have contacted the Trust about the Martin Calladine articles and yes they have probably read them, the question is can or will they use them?

For me the bid should could possibly be thrown out for lack of information and the length of time the prospective buyers are taking in giving all information to the EFL for proper scrutiny.

The rules do not mention about time limits being in force but it does not say they are, they say a buyer will be given time to put in their bid as each bid is different. For me it’s open to interpretation and the EFL have always given buyers the time a bid needs, but it cannot be open ended, no governing body would do that, surely.

A case should be put forward to persuade the EFL that this bid has had more than a reasonable time frame to put all the information forward for the EFL to scrutinise it properly. It has to be argued that the lack of the relevant information and the time it is taking is bringing the process into disrepute and damaging Morecambe FC and its good name.

If anyone from the Shrimps Trust reads this please act accordingly.

I completely agree with you Billy Boy.