This is the really thorny bit. He's clearly not interested in running the club, and doesn't seem to be interested in disposing of it either. That's the commonality with the fella at Reading, which obviously is a much more advanced situation.

Hopefully coming weeks will make things clearer.

Its been widely reported, and Sam Morsehead mentions it in his most recent Ink article, that there have been multiple approaches by other parties interested in the club. Given that is the case, how can Clem liquidating STFC be remotely beneficial for him financially?

What doesn't tally for me is that it certainly seems Clem doesn't have the cash the run the club, the costs are being cut, and that we owe more and more people money, yet he's seemly not interested in selling the club or getting additional investment.

I would imagine there are clauses they can pull the plug if we dont pay them AGAIN

Well, Philip Green made money out of liquidating BHS.

And who was his solicitor in that deal? Bit too close to home.

@mattstfc69 on twitter:

The club is fucked.
Club food for players has been pulled
Travel expenses pulled
Arkells ready to pull the plug
No kit sponsor
No kit manufacturer yet
Security not paid

This is from a former player who works in the club
#STFC

This appears to have been deleted.

I don’t personally think a players personal financial state, rumour or not, should be posted all over a public forum.
It’s nothing to do with any of us.