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Cleeve mentioned that it had been suggested that he should sell the club, but who would buy it?A suggestion for consideration. Write off all directors loans.Convert any loans he has arranged in the Clubs name, into personal loans in his name.Put the Club back into the same financial position it was when he first arrived.Would he then find interested parties.
Quote from: Blue_and_Gold on January 07, 2024, 01:13:30 PMCleeve mentioned that it had been suggested that he should sell the club, but who would buy it?A suggestion for consideration. Write off all directors loans.Convert any loans he has arranged in the Clubs name, into personal loans in his name.Put the Club back into the same financial position it was when he first arrived.Would he then find interested parties. If he hasn’t got/not prepared to £300k to get to the end of the season then he isn’t likely to pay off all the debt he has collected on behalf of the Club. So that looks a non starter. The loan on its own is way more than the £300k mentioned to kick off with.
I would suggest that Buster couldn't believe his luck when SC came along. Can SC find a similar ‘taker’?I can’t see the idea of SC clearing the debt off the books as very likely, can you ? So the question is irrelevant. If he was going to do that surely he would stick £300k to solider on to the next crisis