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The problem with Morton House is and was they were clandestine, secretive types who were do not like the limelight.
Morton House have spent £1.3m on a 42% shareholding in RAFC which currently is undergoing a disciplinary investigation by the EFL because Morton House, Andrew Kirk Curran, Darrell Rose and Alexander Jarvis have broken all the rules.
The EFL cannot ratify that (it is above 30%) and Morton House are refusing to co-operate with the EFL.
How do you get out of a mess like the one that having sunk £1.3m of cash into something that is unquoted.
Sell it to a buyer who will take it from you at the best price you can get.
The problem is, Matt Southall has baggage. My favourite phrase protects anyone quoting public sources from libel.
Here is what is in the public domain about Matt Southall:
I am sure there are EFL rules about agents being involved with clubs.....
Matt Southall breaks the law and does not follow lawful instruction so is prohibited from using Companies House codes to make changes: https://www.bbc.com/sport/football/53449265
In a witness statement presented to the court by Southall’s solicitor, it was claimed Southall been lied to about the sale of ESI, which he remains a director of and has a 35% stake in, which was the reason for his actions.
However, this was dismissed by Judge Richard Pearce, who said the wording of a press release issued on 10 June indicated a sale was yet to be completed and this had been backed up by a witness statement provided by another ESI director, Chris Farnell, on 13 July.
RAFC BLUE has done a lot of good work here. Since I posted on another thread I see you Rochdale fans are across this already. Kudos to you. Beware though, there is a danger your club will get fleeced even if a con man only gets his name on club notepaper. Whoever authorises payments on behalf of Rochdale make sure none of them are anything to do with Southall. It is possible to sucker some in using an outlay of hundreds so, down the line they can get out hundreds of thousands. Nobody involved with Rochdale should have anything to do with the man. Don’t be conned.
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MORTON HOUSE / Why Matt Southall Rose MUST fail the EFL owners test (part 1) on 14:28 - Sep 17 with 12650 views
Found on Charlton life boards ... this needs an accountant / lawyer for a definitive explanation, but I think the gist is interesting. It seems to outline how lots of people make money from CA except the club following the Southall take over. Even our old friend Glenn Thomas turns up!
It would appear that the new shyster is a 100% sh*t, he lent the money to buy and gain ownership of Charlton and then passed the debit onto the books of Charlton, but the question about the letter is interesting. In that he as only agreed to buy 25% of the shares, but this is not ownership and this poses the question can he pass the debt onto the Dale? One quote from the letter appears in the appendix, when he says to the infamous shyster Bassini 'there will be plenty of dough in it for us', when talking about the takeover and even better the letter basically states that Southall has limited financial resources.
He makes Steve Dale look honest, in that the time he was chairman of Charlton, he used the clubs money to buy three £50,000 Range Rovers, rented an apartment in London, which apparently cost the club £12,500 a month. He also paid himself a high salary and claimed other expenses,in all from all accounts he accumulated a debt of around £1.8 million on the books of Charlton FC and then you wonder why he he fought to keep control of the club.
Crucially would he pass the EFL F & P test, considering not only his record at Charlton of using the club money to support his lifestyle. But more importantly he has been found guilty in a court of Law of seeking to regain control of Charlton by removing the other directors from the controlling business without their consent, which was deemed by a judge as an illegal act under law or basically fraud. I would imagine even the EFL would find him unsuitable based on his previous behaviour, the legal judgement and his obvious lack of money.
[Post edited 17 Sep 2021 20:07]
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MORTON HOUSE / Why Matt Southall Rose MUST fail the EFL owners test (part 1) on 13:24 - Sep 18 with 11827 views
The public domain would make a great name for a banned...
East Street Investments dissolved
EAST STREET INVESTMENTS LIMITED filing history - Find and update company information - GOV.UK (company-information.service.gov.uk)
4 more dissolutions
Matthew SOUTHALL personal appointments - Find and update company information - GOV.UK (company-information.service.gov.uk)
And another
LIVE LUSSO AESTHETICS LIMITED overview - Find and update company information - GOV.UK (company-information.service.gov.uk)
And another
Matthew SOUTHALL personal appointments - Find and update company information - GOV.UK (company-information.service.gov.uk)
A brace here
Matthew SOUTHALL personal appointments - Find and update company information - GOV.UK (company-information.service.gov.uk)
Another 2?
Matthew SOUTHALL personal appointments - Find and update company information - GOV.UK (company-information.service.gov.uk)
Surely not?
BERKELEY HAMPTON SPORT LIMITED filing history - Find and update company information - GOV.UK (company-information.service.gov.uk)
Strike off?
SPORTS MEDIA CONSULTANCY LTD filing history - Find and update company information - GOV.UK (company-information.service.gov.uk)
Oops (1)
Charlton ownership crisis: Court finds Matt Southall's attempt to retake control is 'unlawful' | Football News | Sky Sports
Oops (2)
It seemed like a good idea at the time (terminating bad contracts) - Optimus Build v. Matthew Southall and Jade McManus, Michael Craik (maplesteesdale.co.uk)
Ooops (3)
Police called to seize two club cars worth over £100k each from ex-Charlton chairman Matt Southall | Daily Mail Online
Fitness entrepreneur?
Who is Matt Southall? The football agent linked with Aston Villa consortium takeover - Birmingham Live (birminghammail.co.uk)
Football agent?
The views of a British soccer agent - SportsPro (sportspromedia.com)
Cannot find them on here...
sports asset management - Find and update company information - GOV.UK (company-information.service.gov.uk)
36 year old and has had 15 years in the game and still their website is boasting that he was Charltons Ex Chairman, you'd a thought they would have removed that, but heyho I'm not running a multi million scam ( sorry business )
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MORTON HOUSE / Why Matt Southall MUST fail the EFL owners test (part 1) on 21:17 - Sep 20 with 10994 views
Very early on, being in the Championship is touted as "more attractive than being in League 1". So, if rumour is to be believed, why try and "invest" in a mere League 2 team you can't get overall control of, buying "shares" off a dodgy company that hasn't even properly got hold of the shares and is under inquiry by the EFL, and where the fans, shareholders and directors are totally committed to the fan-owned club model?
If it looks like BS, sounds like BS and smells like BS, it probably is BS.
Southall @ Rochdale as likely as FRMSE hoisting the Champions League trophy with Bayern Munich.
1
MORTON HOUSE / Why Matt Southall MUST fail the EFL owners test (part 1) on 22:26 - Sep 20 with 10851 views
What is it about out little old club, eh, that attracts these flies? The smell of shite has been fumigated and yet still they come.
I’ve read enough info already in the public domain about this chap to doubt very much that the EFL would approve his involvement with another club under their protection.
He must know that too. So it does beg the question, why bother? The percentage allegedly being acquired is below the threshold for control. Is it a bluff to force another buyer of Morton House’s (alleged) shares to step up? Or is it a plot to pave the way for something or someone else still lurking backstage?
Either way, ladies and gentlemen, it’s time to pin back those ears and peel those peepers again.
There is no dictionary definition but I imagine a "backstage lurker", the type of actor that will never be the leading man, so lurks in the wings awaiting the swings and arrows of outrageous fortune, to make his play for the lead role.
Unless I've missed an announcement, the EFL have not said a dickie bird so far about Matthew Southall, so we can assume his is nothing to do with this test nor has he passed it.
Ben Ransom of Sky Sports outed Southall for us on 17th September 2021.
Morton House we know have refused to cooperate since 16th August 2021 with the EFL at all.
Worth reminding ourselves that the EFL test is a positive test that you must pass to carry on:
The intention behind this Appendix 3 is to protect the image and integrity of The League and its competitions, the well-being of the Clubs, and the interests of all of the stakeholders in those Clubs, by preventing anyone who is subject to a 'Disqualifying Condition' being involved in or influencing the management or administration of a Club.
Matthew Southall was found guilty and subjected to a community punishment order. "Southall, 19, of Green Drive, Clitheroe, pleaded guilty to theft.
The EFL rules do quite clearly say stuff about people being convicted not being suitable to be involved in a football club:
‘Conviction’ means a formal finding made by a court of competent jurisdiction that a person is guilty beyond reasonable doubt of a criminal offence, whether that finding was made before or after these Rules came into effect, and whether or not that finding is considered to be final pending resolution of any appeal against that finding. The word ‘Convicted’ shall be construed accordingly.
The Lancashire Evening Telegraph says that Matthew Southall was convicted of theft. There is no doubt that a magistrates court is a competent court.
I know a number of people have emailed the EFL with the above information already but if anyone else wanted to "remind" them
The EFL possibly have all of this in hand and know about Matthew's past convictions from their thorough and detailed checks.
George Bernard Shaw had it right:
"He who can does; he who cannot, teaches."
https://www.visittheusa.co.uk/
I'm not sure it matters about Charlton fans but they are a brilliant bunch of people and they have given an immense amount of intelligence to Dale fans about Matthew Southall.
If you talk to Charlton fans they talk about how everything was unclear and took them some time to unravel - sounds very familiar!
Anyway, after the Woolworths theft, Matthew Southall was found guilty again in July 2020 of another unlawful act.
"A statement released by Farnell on behalf of ESI said: "ESI is delighted that a complete and comprehensive judgement has been given against Mr Southall for his unlawful actions in the removal of the directors."
Probably one for the EFL to measure against their definition of "conviction"
‘Conviction’ means a formal finding made by a court of competent jurisdiction that a person is guilty beyond reasonable doubt of a criminal offence, whether that finding was made before or after these Rules came into effect, and whether or not that finding is considered to be final pending resolution of any appeal against that finding. The word ‘Convicted’ shall be construed accordingly.
Is Matthew Southall being found guilty of unlawful behaviour the same as being "convicted"
Answers on a postcard to:
EFL Investigations Department 10-12 West Cliff, Preston Lancashire PR1 8HU
George Bernard Shaw had it right:
"He who can does; he who cannot, teaches."
https://www.visittheusa.co.uk/
(2) A conviction for unlawfully changing Company House records, which led to a fine of £21,000. Southall admitted to the act which was reported by the BBC's Simon Stone.
"In total six Range Rovers and a Mercedes were purchased in the club’s name and used by Southall, Lee Amis, Jonathan Heller, Jaco Van Seventer, John Hirst, and financial advisor Shaun McHugh.
Wonder what those chaps are doing now with their lives being linked to Southall forever?
George Bernard Shaw had it right:
"He who can does; he who cannot, teaches."
https://www.visittheusa.co.uk/