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Old 9th May 2020, 11.02:45   #2-0 (permalink)
Haruki
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Joined: Jun 2011
Racecourse Spot: Mold Road
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Default Re: WST statement: WST 'made aware of a further Directors loan'

I’m sorry but this statement is a load of rubbish. It indicates that Birchan worked alone in loaning the club £100k and then taking it back.
I can’t see how as a bare minimum Mark Williams wasn’t aware Of it.
He is the financial director so would he not have known about a £100k cash flow problem and how would he have not had know money had been lent and repaid?
Is it also indicating that the clubs financial procedures are so poor that one director could pay himself £100k without anyone else knowing?
Why was this not picked up when the bank rec was performed ?


As an aside - many thanks to Don for his assistance to the club. His motives appear to be purely in the interest of the football club. The rest of them seem to be in the interests of protecting themselves from questioning and blame.

Last edited by Haruki; 9th May 2020 at 11.06:21..