What if Bill and the trust come to an agreement where Bill agrees it was a share option just so we get the ball rolling and all goes to plan he takes control. Over the next 5-7 years he recoups that £1.2m through transfer fees,cup runs etc. Ok it may take some time but something offical in the account books to say ok , we have just sold Mr x to whoever for £800k. Here you go Bill thats £350k off what is owed to you. Bill gets his money back and we get the club back.
Surely owing Bill the money is much better than half the bloody country through the CVA. Anything must be a better bet than what we have right now.
The only way this would work is if STFC made profits and Bill Power claimed dividends.