12-10-2004, 00:58
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#4
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I am Banned
Join Date: Mar 2004
Posts: 623
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Re: Stanley Trust
Kev, the consensus is that these trusts are a means for impecunious (i.e. broke) football clubs to raise cash in a dubious - but apparently legal - manner.
Due to the excellent stewardship of our Chairman, Eric Whalley, and the close attention to financial detail of the other Directors, plus the hard work of hundreds of other (unpaid) people involved with Accrington Stanley , there is no pressing need for our Club to be involved in this type of activity. Real effort produces real rewards, and nothing is for nothing. Old fashioned, I know, but . . .
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