Good statement put out by Clem.
Is it though, really?
One of these HAS to be true:
a) It's as per Clem says it was - he needed the cash, he asked some friends to pay it in return for shares in the controlling business, and as he wants to run a transparent and honest football club he presented this information to the AB. The supporters reps present, football club Execs and Sponsors all heard him say it but they decided not to add it to the minutes and all agreed it wasn't worth mentioning ever again.
b) it is not as Clem specifically calls it out,
c) or it is evidence that we will not be run in a transparent manner. The statement actually said he had no intention of telling anyone, so it's this one by the way, it could also be b) at the same time.
How can we then trust someone who says they will tell us everything but then tries to keep the lid on a near 3m deal that involved paying a secured debt and transfer of shares in the controlling interest company of the football club, just as the Sale of the Ground was about to go through where the club would get 50% ownership for FREEEEEEEEEEE.
Were the parties involved in that transaction aware? (It may not have made a blind bit of difference)
It simply means, even if all above board, everything will now be questioned to the hilt.
