Quote:
Originally Posted by Local Red
I'm going around asking for sponsors for the sponsored walk to Rochdale, and begging wherever possible for donations to the fund.
One question I'm being continually asked is "If I make a donation or sponsor you, and you don't make the £308,000 needed, what happens to the money?"
Does anybody know? I know it sounds very negative, but it's a question I feel needs answering.
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The DON answered this question on Friday night (I think it was in the forum, but it may have been a personal question afterwards!) If the S.O.S. was to raise £200K then the tax bill is reduced to £108K. The hope is that that would appease the H.M.R.C. And buy more time! If not then it's down to The DON to deceide which offer to accept, in his words "The best deal for the club"
I would like to look at it another way, what will the club do with the money OVER £308K that is raised?? The DON said it would go to a charity, just not sure which....
