The board of TrustSTFC today announced its backing for increased protests, in light of the STFC board's continued failure to enter into a Non Disclosure Agreement and engage in talks with the Fans' Consortium about a proposed takeover.
At the last TrustSTFC members meeting on 31st March, fans considered three protest options, all of which were backed overwhelmingly in the event that the club continued to stall over talks with the Consortium. The options were :-
Give full Trust backing to the protests after games which fans independently started some weeks ago
Call for a boycott of matchday programmes, the profits from which do not benefit the club but instead are retained by Dunwoody Sports Marketing.
Investigate the options for a campaign to withhold season ticket money until such time as fans can be assured that that money will be spent wisely by a board we can have faith in.
While we will back protests after the games, we would reiterate our call that during the match fans should focus solely on backing the team 100% in the ongoing quest for promotion - Paul Sturrock and his team have done tremendous work in getting us
to within touching distance of League One, helped by outstanding support from the fans. We wish this to continue for the remaining games of the season.
For years, we have, as fans, been told to "put up or shut up" by the board whenever any criticism has been made of the running of the club - the Fans' Consortium have done precisely that, with a serious offer for the football club and its parent company. The club board should now come good on their repeated promises and either enter into negotiations or else explain to fans why they are not willing to do so.
Why are we calling for protests now?
Despite the encouraging progress on the pitch this season, the club remains in serious peril due to the huge ongoing losses built up over the last five years and the extremely high risk strategy of relying on a renegotiation of the CVA. This is high risk for two reasons, first the creditors may reject the revised proposal leaving the club in imminent danger of being liquidated, or even if they agree, the recent example of Scarborough shows that the football authorities may choose to view such an arrangement as in effect a new CVA and impose a 10 point deduction (or worse) as a result.
Given that the Fans' Consortium has the means to complete the CVA successfully to its original timetable, it is beyond belief that the club board have failed to sit down and properly discuss what the Consortium has to offer.
http://www.truststfc.co.uk/news_item.php?id=1059
