[Tigermatty 2.0]

Yes
That's what thought. Thanks for the link. I see you are authorised own shares in other companies. Have you purchased shares in the football club?

There aren’t any available

[Oldie]

There aren’t any available

When was the Trust formed? Because prior to the new company being formed by the two current shareholders, there were. In fact Alex refers to them in his comments upon the formation of the new company. At that point he had loaned the club money which I presume was capitalised within the new company? Does anyone know who owned the ground before the takeover and what it's net book value was?
I am going to presume the previous incarnation of the club did?  In which case was the capitalisation of the loans representative of fair market value, or did they get it for a "song", or indeed overpay?

[OldDirtyGlasses]

When was the Trust formed? Because prior to the new company being formed by the two current shareholders, there were. In fact Alex refers to them in his comments upon the formation of the new company. At that point he had loaned the club money which I presume was capitalised within the new company? Does anyone know who owned the ground before the takeover and what it's net book value was?
I am going to presume the previous incarnation of the club did?  In which case was the capitalisation of the loans representative of fair market value, or did they get it for a "song", or indeed overpay?

Trust was 2004 wasn’t it?
What takeover? The ground and surrounding lands (give or take) are still owned by Eamonn, Alex may have a stake in the stadium.
The club is renting the stadium from the landlord(s).
Thats as much as I can gather anyway.

[Phil k]

There aren’t any available

The shares were offered in 97-99 by a previous chairman, a few years ago we were asked to give these to the then owner but did not receive any more information, then in April of this year from Kingscott Dix asked us to offer them to the present owners, we replied within the 14 days but have received no conformation as to receiving our letter,

[Oldie]

The shares were offered in 97-99 by a previous chairman, a few years ago we were asked to give these to the then owner but did not receive any more information, then in April of this year from Kingscott Dix asked us to offer them to the present owners, we replied within the 14 days but have received no conformation as to receiving our letter,

Christ
This is all about as transparent as a suet pudding.
A £1M and not much idea what has gone on.

[Daveangel]

It was £1m raised, as in if the shop bought a pen for 50p and sold it for 51p, the ST “raised” 51p

As a magnificent as it’s been, that was never the amount of profit the ST generated.

Trev has been the treasurer since Moses was a kid, and every single penny of profit raised has been logged and accounted for, as per the audited yearly accounts.

[Tigermatty 2.0]

Christ
This is all about as transparent as a suet pudding.
A £1M and not much idea what has gone on.

Perhaps join up and come along to the next meeting if you’re that interested

[T-End is in sight]

Christ
This is all about as transparent as a suet pudding.
A £1M and not much idea what has gone on.

A fair proportion of the £1m was from the National League for community activity. Around £50k per year if I remember correctly. It went through the Trust rather than the club but had to be spent on community activities, so would have been used to pay wages for people like Matt Liddiard, Joey Parker and Fab.

[Oldie]

A fair proportion of the £1m was from the National League for community activity. Around £50k per year if I remember correctly. It went through the Trust rather than the club but had to be spent on community activities, so would have been used to pay wages for people like Matt Liddiard, Joey Parker and Fab.

Hang on.
Are you seriously suggesting that the National League was giving a Trust, one which has no operational control over the entity it supports, £50k a year to spend on "Community Activities" but the funds were used to make the payroll of an entity they had no control over, and to honour a contract that they no legal obligation to?

This reads like an episode from the Muppets.

No wonder things are a bloody mess.

[Tigermatty 2.0]

Hang on.
Are you seriously suggesting that the National League was giving a Trust, one which has no operational control over the entity it supports, £50k a year to spend on "Community Activities" but the funds were used to make the payroll of an entity they had no control over, and to honour a contract that they no legal obligation to?

This reads like an episode from the Muppets.

No wonder things are a bloody mess.

The players mentioned were working in community  roles, this wasn’t club wages. That was the entire point, because if you give the money to a club it disappears into a black hole. And it wasn’t £50k a year, far from it. As previously mentioned, you seem very interested so please come along to a meeting. Any trust member can view the accounts, unlike the club.