Shrimperstrust
Supporting SUFC
Minutes from the Trust Committee Meeting held on 7th June 2010 ae now online in the Members Area of the Trust Website.
For further details click here.
For further details click here.
can yougive a summary of the update?
Thanks for the update..the only thing that puzzles me in that statement/vote is that I thought The Trust already had RM's personal guarantee on the loan?
What makes you think they haven't?
I think it's a really useful update from the Trust. I looks like they've been working hard behind the scenes. The idea of a Poll for the options regarding the outstanding loan to RM is excellent.
Thanks for the update..the only thing that puzzles me in that statement/vote is that I thought The Trust already had RM's personal guarantee on the loan?
John - one option is
After default of the next date – sue the personal guarantor – ie. Ron Martin
ergo, Ron is the personal guarantor.
John - one option is
After default of the next date – sue the personal guarantor – ie. Ron Martin
ergo, Ron is the personal guarantor.
Ah you will have to join The Trust and see the vote option to understand that.
Well I can no longer see the vote option Paul having already filled it in....but I thought and correct me if I am wrong it said along the lines of do we now sue RM personally..when I thought all along he did himself guarantee it.
probably splitting hairs here.
I think it's a really useful update from the Trust. I looks like they've been working hard behind the scenes. The idea of a Poll for the options regarding the outstanding loan to RM is excellent.
I'm a little surprised that this hasn't produced more comment.
Paul Fitz is probably the best placed person to comment on the club's position, being essentially the best informed, independent person out there.
By informed, he appears to combine a knowledge of business with a deeper insight through his conversations in his Trust capacity.
I have mentioned this a few times in the chat forum but I think people are rather set in their opinions, and frankly reluctant to consider this new information objectively.