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Old 24-06-2009, 18:51   #80
VALAIRIAN
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Smile Re: A.S.F.C. FF Bid.....

Quote:
Originally Posted by shakermaker View Post
Just a quick question.

The Fighting Fund (later becoming the ASSF) was organised in light of the winding-up order presented to the club, and through the fear of the club being liquidated without serious cash being pumped into it.
Working on the assumption that a takeover has been completed (even though it hasn't yet) and after a payment plan for the tax bill has been agreed, what is the point in the organisation?
It now seems more like a Supporters Trust venture in its quest to secure a seat on the board in return for solid investment.
My understanding of this is that you are about right Shaker, but I think - Macca looked into the legal bits - that the Supporters Trust thing was much more legally binding and had much more legal eagle stuff involved....
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