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Old 02-09-2009, 11:40   #25
maccawozzagod
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Re: Looks like some bad news

I think there may be an amendment to the statement that we have to pay in full - I am now informed (reputable) that we have to pay a large portion of it within the 8 weeks - rather than the whole amount. It's not 100% confirmed yet though.

ASSF will instigate an official valuation (third party) of the club at which point we can arrange for a new share issue to take place whereby ASSF becomes a majority shareholder. The money we input through the new share issue will remedy the tax bill. And in full I would have thought. Then OUR fundraising will begin in earnest to put the club back upon the correct footing it should be on
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