Sadler.. insider trading?

AngelBFC said:
Maybe those people to whom you refer just don’t spend every hour of their whole lives on AVTT.

Or it might be that they don’t feel able to comment or come to a view about some court case in Hong Kong the facts of which we know very little about.

Either way there seems to be a lot of people jumping to conclusions on here on the basis of a couple of paragraphs in a few newspapers.

Unless im told any different by someone itk I’m expecting and looking forward to seeing some decent recruitment this summer with a view to promotion to the championship next season .
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Then you are equally as guilty of jumping to conclusions. We have NO idea of whether it's business as usual or not, so looking forward to decent recruitment and the summer activity is a bit premature.

Probably nothing in it. possibly is something. We simply don't know and we'll see how it unfolds in June.
 
fcblackpool said:
Then you are equally as guilty of jumping to conclusions. We have NO idea of whether it's business as usual or not, so looking forward to decent recruitment and the summer activity is a bit premature.

Probably nothing in it. possibly is something. We simply don't know and we'll see how it unfolds in June.
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Have you read the club statement issued 2 hours ago?
 
AngelBFC said:
Maybe those people to whom you refer just don’t spend every hour of their whole lives on AVTT.

Or it might be that they don’t feel able to comment or come to a view about some court case in Hong Kong the facts of which we know very little about.

Either way there seems to be a lot of people jumping to conclusions on here on the basis of a couple of paragraphs in a few newspapers.

Unless im told any different by someone itk I’m expecting and looking forward to seeing some decent recruitment this summer with a view to promotion to the championship next season .
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Too many revelling in it too. Weird
 
Jaffa_The_Hut said:
And to think people on here lambasted Pilley for getting his fingers burned.

You couldn’t make it up. 🤣
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I must say, your 2 contributions to the 2 threads have been a sort of return fire at people and trying to make out what happened to Pilley was similar. A very odd approach IMO.

Piley was guilty of ripping people off and which caused great pain and misery to many people and businesses.


SS and his alleged crime to me is nothing alike at at all.
 
RambleFan said:
The way I understand it is Sadler is guilty of not having robust processes in place to stop employees carrying out unscrupulous business practices. He's not being charged with being a crook like Pilley but with not being able to detect wrongdoing quickly enough.
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I imagine director's duties apply though? I just hope the club doesn't drop into a holding pattern.
 
Theoneandonly said:
No. Stop panicking. He knew full well what he was doing. Diversified his assets and ring fenced them. He’s not going to jail. At most a fine and some reorganization. Life goes on and a Sadler doesn’t change his spots. Management in place at the club and budget already set. Club can run smoothly without him.
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Does this mean we can get a decent No.2 in to sort out Critchleys inability to change the formation when we’re getting tubbed by the likes of Cheltenham away?
 
tommytwojags said:
I find the whole affair worrying. Hong Kong SFC are like a dog with a bone. If SS or Segantii is found guilty what the hell is going to happen to the new training ground, the new stand, Revoe Sports Village and basically the club?
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Yes I would imagine for starters that his is a business that relies on trust? At best that is on hold pending the outcome of this?
I have to think this is very bad for his business, his personal wealth and ultimately BFC, at least in the short term.
If he loses in court who knows where we go. I hope to be proved wrong!
 
glasshalffull said:
Yes I would imagine for starters that his is a business that relies on trust? At best that is on hold pending the outcome of this?
I have to think this is very bad for his business, his personal wealth and ultimately BFC, at least in the short term.
If he loses in court who knows where we go. I hope to be proved wrong!
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Username doesn't check out.
 
tommytwojags said:
I find the whole affair worrying. Hong Kong SFC are like a dog with a bone. If SS or Segantii is found guilty what the hell is going to happen to the new training ground, the new stand, Revoe Sports Village and basically the club?
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I don't know the ins and outs of this particular case in HK but you have to wonder if there is a political motive to this given the way things are going over there. China is being more and more aggressive in exerting it's authoritarian influence on HK and this could be another step in that direction.
 
TangerineBayern said:
Does this mean we can get a decent No.2 in to sort out Critchleys inability to change the formation when we’re getting tubbed by the likes of Cheltenham away?
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Great question. If the answer is yes which by the way it should be why wasn’t it done this year. I would fire one of his assistants and get an experienced hand in. I want them on their toes and focused and no repeat of this season.
 
glasshalffull said:
Yes I would imagine for starters that his is a business that relies on trust? At best that is on hold pending the outcome of this?
I have to think this is very bad for his business, his personal wealth and ultimately BFC, at least in the short term.
If he loses in court who knows where we go. I hope to be proved wrong!
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Keep calm and carry on.
 
Seainsea said:
I don't know the ins and outs of this particular case in HK but you have to wonder if there is a political motive to this given the way things are going over there. China is being more and more aggressive in exerting it's authoritarian influence on HK and this could be another step in that direction.
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Payoffs, partners,peace.
 
Oh dear this will give rise to the fretting fraternity, with comments already questioning will it affect the new stand and our summer transfer business, untwist your knickers take a break from the board and all things all things BFC.
 
AngelBFC said:
Have you read the club statement issued 2 hours ago?
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Yes I have.

It says business as usual. It also says 'we understand Mr Sadler'. So Mr Sadler hasn't issued the statement directly, not that that is important.

To repeat, we cannot know if the HK actions will impact on SS and therefore impact in a knock on effect on BFC. We are 99.999999999999999999999% certain that the HK 'government' is not coming knock at the front door of Bloomfield Rd asking for the keys (the .00000000000000000000001 is for a language misunderstanding from someone delivering a take away).

We'll see how it unfolds in June.
 
cside said:
Stand corrected.

If LaRocca had a hint of an investigation he would have been bound to reveal them as part of his recruitment process, or face immediate termination. It's generally 'okay' to have investigations ongoing, as long as you are fully transparent about this.

Your point about them coming as as a bolt from the blue could well be correct, but we will never know. Usually getting to court takes a year or more, so I'd assume this wasn't a big surprise.
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According to Bloomberg LaRocca is no longer joining JP Morgan for "personal reasons".

www.bloomberg.com

Ex-Segantii Trader La Rocca No Longer Joining JPMorgan

Daniel La Rocca, a former trader at Segantii Capital Management Ltd. accused of insider dealing in Hong Kong, won’t be joining JPMorgan Chase & Co. as planned, according to a person familiar with the matter.
www.bloomberg.com www.bloomberg.com
 
Victorsponge said:
And training ground and player recruitment!
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Let’s hope that cash is ring fenced, the east stand has government money which has to be spent, so that might be protected. Nevertheless, it’s a worrying situation and one that I can’t see any positives in.
 
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