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Re: STFC LTD Accounts

By Arthur30/4/2022 20:13Sat Apr 30 20:13:19 2022In response to Re: STFC LTD Accounts

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I really think this needs to be left to John and the rest of the committee. Possibly Joe may be asking for the £200k the Limited company owes him. I think the only assets are a couple of grass cutters and a line painter. There may be some office equipment as well. Joe's problem is that he bought a level 3 club that just missed the play off. I am not sure if we can compete at level 5 right now ...... and seemingly the only investment in playing staff comes from the supporters club. I am sure that Joe cannot recoup anywhere near the money he paid - the product is far less marketable.

We need to let the supporters club committee negotiate and then come back to us .....