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Old board tried to dip into the youth Development Fund cash


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Kudos to Colin Stewart of the Development Fund for standing up to them.

 

Colin Stewart ‏@RFC_Colin 5m5 minutes ago

To confirm, despite fierce pressure all week & right up to 11am I refused point blank to transfer Development Fund money to club. 1/2

 

Colin Stewart ‏@RFC_Colin 3m3 minutes ago

Funds contributed by fans will now be released to our new board. I can confirm I was not flavour of the month with previous board 2/2

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@RFC_Colin: In recent months my anger grew. I was thinking more of my grandfather, cousin & friends no longer with us & thought -No enough

 

@RFC_Colin: If staff were allowed to write a book. A chapter each from a select few. I could include my emails from Monaco !! #Bestseller

 

@RFC_Colin: At one point last week I decided to leave the office & work remotely. They were genuinely shocked I refused them

 

@RFC_Colin: 6 phone calls between 10am & 10:30

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Hats off to Colin, quite rightly.

 

The bigger question is why were Lambias and Leech so desperate to access the money so close to the EGM result and what were they going to do with it?

 

I hope we don't find that the remainder of Ashley's first £5m loan has been extracted from the bank in some bizarre scorched earth policy.

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