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New Trust statement on club finances

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Melbourne Cobbler
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« Reply #20 on: July 03, 2021, 19:00:03 pm »

Still a bit confused about 5U Sport and genuinely don’t understand the point?

Either they paid to own the club, we’re stopped from doing it and were paid the money back, so what?

They never paid the money in which case the club reverted to the original owners, so what?

5U Sport paid the money and the owners kept the money and the club. This would leave them open to legal challenge in the courts which has never materialised since the deal collapsed. This therefore is probably highly unlikely. What reasonable explanation would there be for 5U Sport not make an application to the courts?

Frankly my thoughts are so what to all of it? It just appears to me that the board of The Trust are slinging any bit of mud they can find about hoping some will stick. This is in a desperate attempt to demonstrate some impropriety and discredit the owners. However, that’s absolutely fair enough the club should be open to scrutiny and be prepared to respond to genuine allegations and concerns.

This should also apply to the Trust as well. Therefore the Trust have stated many supporters and members are asking these questions. Well how many is it?

What exactly are Trust accusing the owners of?

What should the owners have done instead to run the club, complete the stand and avoid any debt to any party?

As stated even allowing for inflation the owners have probably put more into the club than any other in the club’s entire history. Comparatively at this point why exactly are they considered failures in light of this.

Show your hand or fold and get off the pot basically.
« Last Edit: July 04, 2021, 01:21:35 am by Melbourne Cobbler » Report Spam   Logged

Not a real supporter but unelected chair of the Northampton Town Honorary Supporters Club. (Please note: any opinions given may not necessarily be shared by proper supporters. In incidents of conflict the views of real supporters shall take precedence).
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