: Tue Mar 03, 2009 9:15 pm
Yob wrote:
If they had the money to set aside in the first place, they wouldn't have needed to borrow it.
Business doesn't work like that. It's nearly always a case of somebody is waiting for somebody else to pay them before they can pay out them selves. I believe a cash rich business is the exception rather than the norm.
Don't want to flog this to death but in 5 years surely there should have been a plan of action to ensure that the £20K 'loaned' by HTFC (as was) HRLFC, HTST and HRLFC Supporters Trust to help set up the SST would be there at the end of the 5 years - no?
Remember its fans who have paid some of this money in HTST and Fax Trust - not a business.
The only ones that should owe the SST money are the two clubs in theory so surely take the loan money they are owed from that???
I am not on the Fax Trust Board anymore so not my battle but I have always been a member of the Fax Trust and HTST so not impressed.
A loan with no interest was a generous offer and that should be honoured imo.