[JEFF]

Originally Posted by lancsdave

If anyone is nosey

Full list of current creditors

Lavaflow £1,400,000.00
CSA - Brad Maylett £1,775.43
CSA - Francis Green £1,100.38

Brad Maylett and Francis Green are Boston players. It looks like they have had deductions made from their wages for CSA but Boston have not paid this money to CSA. As for Lavaflow, this is part of a statement Boston Chairman John Sotnick made in August 2005

“Boston United Football Club is owned by a company called Lavaflow Ltd, of which I am a director and shareholder. Lavaflow was created specifically as a vehicle to help Boston United Football Club achieve the move it needs to sustain professional league football. Lavaflow has indeed a number of investors, whom are all connected with football and are football fans. These investors have bought into a vision of creating a facility for Boston United that will sustain professional league football.



“Lavaflow have been funding the football club from my takeover in February 2004 and invested over £500,000 in it’s first year and approximately £200,000 last year to keep the football club solvent, in addition to keeping it competitive. Lavaflow have also invested nearly £300,000 in the planning process and I would like to reiterate that this money has come directly from Lavaflow and not the sale of any assets of the football club. All transfer monies received last season have been kept within the club. Therefore, Lavaflow’s investment in Boston United Football Club is fast approaching £1 million and as a genuine football fan, I do understand the reluctance of some of you to move from York Street.


“However, at my next fans’ forum, I expect to see those sceptics so that I may address the importance that this football club moves forward to a facility that rivals our competitors and to produce an income that will stem the losses and create a surplus to reinvest back into the club.”