The unofficial AFC Rushden & Diamonds messageboard

Because the St Neots nice new stadium could take it, and yes Kings Lynn always take a fair few away , and both of those will be moving up anyway,- but this is not the regular UCL scene, Believe the clubs like Irchester, Raunds and Thrapston dont normally get into treble figures.

I was at the meeting and I accept KC put a lot of money into the club however in return he obtained ownership of the ground and land which is worth a great deal more than he put in,he was also responsible for bringing the Beasants in.It is also worth noting he claimed to have passed on the club dept free but is now the clubs biggest creditor with no offer to write them off ,he is a successful hard faced business man by his own admittance
However I do think we need him on board to succeed and pull this together I just don't think he is blameless ,but at the moment there are more important things to worry about and I say again a merger should be seriously considered

he did say that money owed = money owed to us.

mac wrote:.It is also worth noting he claimed to have passed on the club dept free but is now the clubs biggest creditor with no offer to write them off ,he is a successful hard faced business man by his own admittance

If you were listening at the meeting, he said that when he handed the club over to the Beasants, the debtors outweighed the creditors, i.e. the club was technically debt free. It's not his fault that none of the creditors have been paid by the Beasants.

He also said that he has written his debts off, but that he will call them in if it means he will be owed more than 75% of the total debt. That way, he can agree for the club to enter a CVA regardless of what any of the other creditors want.