Question re ownership

Discussion in 'Bulletin Board' started by Brian Mahoneys Waist, Sep 13, 2024.

  1. Bri

    Brian Mahoneys Waist Well-Known Member

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    Did the Crynes receive all their money for the sale of the club or are payments still ongoing?
     
  2. Arc

    Archerfield Well-Known Member

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    They agreed to £3m which, in the last accounts of the club, sat as a soft debt as there is no interest or scheduled repayment date.

    This was the legal dispute which was resolved regarding the deferred payments in respect of the purchase.
     
  3. Bri

    Brian Mahoneys Waist Well-Known Member

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    Does that mean that all parties are satisfied in the deal.?
     
  4. Bri

    Brian Mahoneys Waist Well-Known Member

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    Is this a question that can be asked at the Supporters advisory meeting.
    I'm just keen to know that all details of the sale has been met and if not why not.
     
  5. Arc

    Archerfield Well-Known Member

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    That was the legal conclusion, you’d have to ask each party if they are happy.
     

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