Laundry service.
…but even if it is Laundry service he needs to sell to get the money out?
Assuming he’s putting dirty money (his and / or others) into the club as loans then isn’t the pay off selling the club & having your debt settled?
I’ve always assumed it was a case of taking money out as ‘admin expenses’ into his personal account to then put his (the clubs) money back into the club as a loan to cover the loss (he’s created) thus turning club money into his own money but again the pay off for that is selling the club & having your debt settled.
So either he does want to sell or is just playing hard ball because the plans hinges on being in a strong selling position & selling for more the clubs debt.
If it’s none of them above it has to be dirty money into the club as loans. Clean money out as admin expenses & for that to work ‘they’ have to be sitting on millions & millions. That method cleans the money but again the cherry on top wouldn’t still be selling & having the debt settled.
Could be taking rubbish - as clearly not an expert on the above subjects but to me anyways - making a profit out of STFC clean or otherwise massively rests on selling the club & having the debt paid off in full.
The only other way to massively invest in the infrastructure, off field team the on field team, get some momentum, win games, go up at least a couple of division. Increase income exponentially to the point where the club is actually making enough money to fund itself, keep some in reserve & have enough left over for you take some out.
