Quote:
Originally Posted by shakermaker
Jeff, I was under the impression that the ASSF were a 'fighting fund' with words such as 'rescue' banded about, not a company of investors.
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First of all I don't think I mentioned ASSF in my post but nevertheless I will answer you. ASSF is not a 'fighting fund'. ASSF is a registered Company 'Accrington Stanley Supporters' Fund Limited'. The Company has no money, but if Accrington Stanley were to have a new share issue Ilyas Khan has promised that he would make funds available to Accrington Stanley Supporters' Fund Limited to purchase shares in their name. In the future Accrington Stanley Supporters' Fund Limited intend to arrange fund raising activities, etc and any money raised will go into the Company bank account for the purpose of supporting Accrington Stanley in times of difficulty, but, until then the only way ASSF Limited can help Accrington Stanley is if Accrington Stanley have a new share issue.