Page 10 - Michael Standing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

/PRNewswire/ -- A.I.M. Mutual's Board of Directors has elected Daniel Landers as Vice President-Chief Operating Officer effective October 1. In this capacity,...

/PRNewswire/ -- A.I.M. Mutual's Board of Directors has elected Daniel Landers as Vice President-Chief Operating Officer effective October 1. In this capacity,...

New Swindon Town owner Clem Morfuni and plans for the training ground in Highworth Swindon Town has confirmed it is assessing its involvement with plans to build houses and a new training facility on Twelve Oaks Golf Course near Highworth. The club was granted permission for a new 22-hectare training complex on part of the course, and was given consent to build 18 luxury houses on another part. These applications were made by the club when it was owned by Lee Power, who was also given permission to build a racehorse training facility. Now under the ownership of Australian millionaire ...

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 Mo...

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, sa...