Town_Fan, on Nov 24 2005, 09:15 AM, said:
1. How much money of the 150k Ian Evatt transfer is available to RM?
It has been stated that we can recruit further players without cutting our staff. It would be rather silly to start fee or salary negotiations with clubs or players by stating how much we have to spend! It might be that RMc has already spent some of the money on loanee wages.
2. Has any of that transfer funds or clubs day to day income been used to pay the CFC board in anyway shape or form?
Details of arrangements with major creditors and directors should be included in the CFC (2001) accounts which are released to shareholders prior to general publication. "Anyway, shape or form" might include paying Alan Walters for the milk for the tea that he picked up on his way in! I do not think it is any part of the immediate plan to repay loans from directors with our day-to-day revenue.
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