Quote Fordy="Fordy"ATell me, how much of the money donated by your fans, other fans, other clubs, players etc went to paying off creditors? '"
Quite a bit.
Quote Fordy="Fordy"Or did it all go into the pockets of your directors'"
None did
Quote Fordy="Fordy" who then did a runner and put the club into admin anyway?'"
No directors did.
I have told you lot and others repeatedly what happened. If you chose to ignore that and believe what you wanted to believe, that was up to you.
I can fully substantiate all of the above statements. If any of you want me to, and will actually listen, then please let me know and I will. Again.
But you might just want to bear in mind that:
1 - Administrators were appointed on 26/6/12. The Pledge closed at the start of April. A lot happened in the interim. ANd a lot did not.
2 - The board that asked for the pledge was removed by the majority shareholders (resigned before pushed) at the start of May. Having been stymied form any action post-pledge by the largest shareholder saying he intended to convene a meeting to remove them. They never had the opportunity to show if they could save the club. That board owned about 25% of the shares, but were facing 100% of the liabilities.
3 - It was a new board, representing a majority of the other shareholders who were NOT on the old board, who appointed administrators. Nearly two months after the old shareholder directors went.
4 - Between those two dates, a lot of creditors at the date the pledge closed were quite clearly paid, and three monthly payrolls were paid.
You are quite right IMO to be very angry at the board that appointed administrators. I was, having paid about £1k in total myself to the pledge fund.
But that board was NOT the board that asked for the pledge.