[Doug]

What it suggests to me is that EW put a short term loan of £150k into the coffers prior to or shortly after leaving under a Directors Loan Account; therefore he is entitled to ask for this money back. From my point of view the sooner this is paid the better; at least then we can make a fresh start once we get to the other side of the little crises…

In respect of Mr. O’Neil and the delectable Ms. Lazarus I have little doubt that this is a self preservation matter, if you aren’t a registered director you won’t suffer the penalties effect of the winding up other. Let’s face it if you bought the club knowing you could be tits up (forgive me Marcella) in a matter of month would you want to be one…… (I do sincerely hope I’m wrong) If the intention is to register for a directorship there’s no reason why he can’t be chairmen and lady chair, after all he owns the club.