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Trust's missing £60,000

ldnfatso

Red Rep King!
Joined
Aug 12, 2005
Messages
6,390
Location
Southend
Are the Trust considering issueing a Winding up Order against the club for the return of the funds? It seems to me that is the only way of getting Ron to part with money!
 
Are the Trust considering issueing a Winding up Order against the club for the return of the funds? It seems to me that is the only way of getting Ron to part with money!

If Ron has a personal guarantee in place, as has been suggested, they could of course pursue him with a bankruptcy petition rather than puruse the club......
 
Would be a good move in my opinion.

He is taking the ****, as he knows they are the least likely creditor to take him to court.

The Trust on the other hand are probably concerned about how they would be seen by the supporters, if they did so.

It's a tough one, but it needs to be considered by the membership I feel...
 
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know better next time or anyone to lend that leach any money what so ever in the future.
 
know better next time or anyone to lend that leach any money what so ever in the future.

and I guess fans will think twice before giving money to the Trust when they hadn't even said what they planned to do with it...
 
I think The Trust will be making a statement within the next couple of days.
 
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