Can Someone Explain ?

[Shurm]

Can someone explain to me what if we don't raise the £300k ? As far as I can read if we don't raise the money Mr Khan and his share issue will happen and the debt be paid off

So is all the fundraising to keep Mr O'Neil in charge ?

Most people I've spoke to know that the money is there so why not accept the Stanley Supporters Fund money and get it over with.

[lancsdave]

I'm pretty sure if David O'Neil wanted to give up then the easiest option is the offer. The impression I got tonight is there is no way he wants to give up what he has only just started.

I also got the impression that if the full amount isn't raised in the 8 weeks then a fair share of it will have been and the taxman would be willing to discuss further arrangments for the balance. There is absolutley no benefit to the taxman to close the club down, and it would be very much a last resort.

[cashman]

unless i misunderstood i thought the don said there were a few options on the table n if it reached that point he would take the best one fer the club n fans.

[Doug]

In away you would be correct; Mr. O’Neil paid Eric for the privilege of owning the club, so quite rightly Mr. O’Neil will want to hold on to his full investment, if the fundraising comes off; and I have my doubts it can be achieved in eight weeks, he will hold on to the club and as a chance of recouping his money; not to mention the personal funds he put in before the take over…This to me is only natural; if I had bought the club I wouldn’t want to give it away.

But; if the money isn’t raised then it seems he will admit defeat and except the ASSF/Khan offer in order to keep the club alive; and maybe the chance to pull something back for his efforts…..That’s how I see it, and I will repeat, it is almost like blackmail “give us control or you lose it all”

Personally I hope Mr. O’Neil, the Club and the Fans succeed; despite my support for the ASSF I think it’s too early for control to be taken away from the current line up.

But I could be wrong…..

[lancsdave]

Originally Posted by cashman

unless i misunderstood i thought the don said there were a few options on the table n if it reached that point he would take the best one fer the club n fans.

Yep he did, but I think he still suggested that he was the best offer on the table

[Doug]

Is anyone going to give any comment on the evenings events? please....

[cashman]

Originally Posted by lancsdave

Yep he did, but I think he still suggested that he was the best offer on the table

yep thats what i understood it to be,the jurys out on that at the moment wi me.

[Shurm]

All I'm thinking and others I spoke to is that they would rather pledge money to the ASSF to take charge of the club than give it to someone who might not raise the full amount and where does that money go ? People think the club has been mismanaged for too long and don't trust the club any longer with their hard earned cash.

[lancsdave]

Originally Posted by Doug

Is anyone going to give any comment on the evenings events? please....

Starnegely enough Doug although you weren't there your post above probably sums up the extent of the meeting

[cashman]

Originally Posted by Shurm

All I'm thinking and others I spoke to is that they would rather pledge money to the ASSF to take charge of the club than give it to someone who might not raise the full amount and where does that money go ? People think the club has been mismanaged for too long and don't trust the club any longer with their hard earned cash.

that i cannot agree with, whilst i have a great regard fer the ASSF n ilyas, the object must be to get the club out of this tax hole, i have seen stanley go into oblivion once n have no wish fer it to do so again. if that what ya suggest were to happen, that gives even less chance of survival, stupid imho.

[Shurm]

I agree but your man in the street just thinks it won't go bust because the ASSF fund is there. I think if that money wasn't there it would be panic stations !!!

[Wynonie Harris]

Surely, if people contribute to the Save Our Stanley fund, they're helping to pay off the tax bill, whatever happens. If another six weeks down the line, it's becoming apparent that the required target won't be met, and the D'oN decides to sell to Ilyas & the ASSF, the more money that's been contributed to the fund, the less money the new owners will have to use to pay off the tax bill and the more they'll have to spend on new facilities, players etc.

[cashman]

Originally Posted by Shurm

I agree but your man in the street just thinks it won't go bust because the ASSF fund is there. I think if that money wasn't there it would be panic stations !!!

yer confusing me now shurm ya said "All i am thinking n others ya have spoken too,would rather pledge the money to ASSF, so which is it? the club or ASSF?

[Doug]

Originally Posted by lancsdave

Starnegely enough Doug although you weren't there your post above probably sums up the extent of the meeting

Now't new then........ I think the last coulpe of days I've been expecting something fantastic to happen....Did O'Neil hint at putting more of his own funds into the Club?

[lancsdave]

Originally Posted by Wynonie Harris

Surely, if people contribute to the Save Our Stanley fund, they're helping to pay off the tax bill, whatever happens. If another six weeks down the line, it's becoming apparent that the required target won't be met, and the D'oN decides to sell to Ilyas & the ASSF, the more money that's been contributed to the fund, the less money the new owners will have to use to pay off the tax bill and the more they'll have to spend on new facilities, players etc.

More or less what Rob was saying tonight. They have budgeted 18k a month over the next 12 months, plus some extra lump sums in between for the taxman. Whatever is raised will allow that 18k budget to be used elsewhere in the club once the taxman has been paid.