Spinning Globe

The farce at the Globe Arena seems to continue without resolution with the latest news being the announcement of Joseph Cala as the club's new owner.

Cala, an Italian-American who has previously been linked to a takeover of Portsmouth prior to their collapse in 2012. He had also spent a full 11 days as owner of Italian second tier side Salernitana the year before.

You can see why his tenure at that club was so brief. A debut interview with local Morecambe paper The Visitor talked of installing undersoil heating, overhauling the pitch, saving an eye watering £600,000 from franchising out the bars and catering at the Globe Arena, and listing the club on the American Stock Exchange alongside Manchester United - to bring in £1million of 'free' money each year.

Cala's company has a website - http://www.calacorp.com/ - written in poor English and naming a string of the world's top companies as partners in their developments. Their business? Building underwater holiday resorts. None appear to have actually been built, with a second website offering only mocked-up pictures and sample videos of what the views on offer could be.

Cala was dubbed the "Man from Atlantis" by Pompey fans.

Whether Cala is the owner of the club is still in the air though, despite his assertion that he paid a six figure sum for it. Diego Lemos, the disappearing Brazilian, resurfaced last week to reassert his ownership of the club and accuse people of attempting to stealing the ownership of the club from him.

Durham based tax consultant Graham Burnard is now the sole director of G50 Holdings Limited, the ultimate holding company of the club, replacing Lemos two weeks ago with the company address also moved to his registered address. Former Lemos partner Abdulraham Al-Hashemi has been speaking with current Club directors over the state of the finances, and appears to have had a hand in the transfer of ownership, but the club remains in a perilous state.

Wages have gone unpaid in January, with Cala saying he has the money once the Football League agrees to his takeover. The 3G complex at the Globe Arena, a separate company, has gone into Administration and made its staff redundant. Cala has called on the existing Club directors to step down before he puts any money in, but that he may retain some of them for a reformed board.

Ultimately, Lemos is likely to disappear back to the anonymity he came from, another football ownership mistake that the FA seem unable to stop. Whether Cala is the true saviour of the Shrimps remains a matter of debate.