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New Trust statement on club finances

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« on: July 03, 2021, 11:51:06 am »

I don’t understand the observation “ To date, the owners have not converted any debt to equity, suggesting that they expect repayment of loan funds in full and having the legal right to do so on demand and without prior notice.” Where do the board of The Trust think the owners will get the money from. Perhaps the money tree behind the west stand or the sale of BAS to AC Milan? If the Trust board are going to make statements of that nature they need to quantify the risk to the club I.E state exactly which assets the owners are going to plunder to drum up that capital? Perhaps I’m a bit thick but it’s a complete mystery to me?

Whilst we are at it for the sake of a balanced debate I have a question for The Trust board. Given their criticism of the owners, even when accounting for inflation can they name another owner in the history of the club who has put more capital into it, and if not please can they justify that criticism? Especially as they have once again launched yet another divisive campaign without consulting the membership they supposedly represent?
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