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Old 10-03-2011, 21:55   #387
stanleyhouse
Full Member
 

Re: Brace yourselves in again please ....

Accy Observer - "High Hopes For Future"

To sum up:

  • The battle over who owns the club is nearly over.
  • Settlement between the 3 parties is in the hands of the solicitors.
  • EW verbally agreed a settlement to relinquish his shares.
  • DO'N also agreed to a deal.
  • IK is confident it will be settled soon to avoid any threat of administration.
  • There are plans for a new share issue.
  • In hands of solicitors so can't give details of deal.
  • The staff have had to work under difficult conditions but have all pulled together.
  • Nobody at the club has been paid in full for last month.
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