Re: STFC Limited
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Firstly, I am not sure the debt to the Thames Club is even recorded in STFC Ltd books. Joe always said the main creditor (circa £200k\0 was money he had ||"loaned\' the club for legal fees. This doesn't really matter, a winding up order has been issued, The Thames Club starting the court procedings. The liquidator will be looking to realise the assets, a lawn mower, a roller and 2 kinder eggs. It is not enough to pay off any creditors and STFC Ltd will become insolvent. As for new leaseholders, we have to hope that Staines and Lammas will be able to afford the payments. A new club is a non-starter, there is no fairy godmother who has the cash to spare to take on a new lease, rise up the pyramid quickly enough to get even Isthmian League football back at Wheatsheaf Park. The main worry is that will the new club, Staines and Lammas, have facilities in place at the end of the current season. If we win the league, but can't get promotion, we lose a lot of good players at the current level. It will then be a real back to the drawing board job.
STFC Limited by Trevor R10/11/2022 22:17Thu Nov 10 22:17:52 2022view thread- Re: STFC Limited by Wakes 11/11/2022 08:34Fri Nov 11 08:34:43 2022
1 person - Re: STFC Limited by Colin Oaten12/11/2022 12:18Sat Nov 12 12:18:56 2022
- Re: STFC Limited by Arthur13/11/2022 09:06Sun Nov 13 09:06:09 2022
- Re: STFC Limited by Arthur23/11/2022 08:31Wed Nov 23 08:31:26 2022
- Re: STFC Limited by Arthur14/12/2022 18:14Wed Dec 14 18:14:47 2022
- Re: STFC Limited by Wakes 14/12/2022 20:45Wed Dec 14 20:45:37 2022