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Stephen Vaughan wants to know where his money is ??

PostPosted: Thu Oct 22, 2009 5:21 pm
by alwaysright
He reckons the Football League still owe him £99,965 as part of the parachute payment also that the Conference League owe £35,000 as payment from the Premier League hand out, oh the irony

Re: Stephen Vaughan wants to know where his money is ??

PostPosted: Fri Oct 23, 2009 12:21 pm
by ockers
http://news.bbc.co.uk/sport1/hi/footbal ... 320557.stm

interview from the bbc

amazing........

Re: Stephen Vaughan wants to know where his money is ??

PostPosted: Fri Oct 23, 2009 3:22 pm
by Tonyt
This is an offering on Crawley's forum - from an Oxford supporter.

''I wouldn't believe a word that Vaughan says. The reason that this has come to a head is because two weeks ago the CVA which Chester entered into (and which was a condition of their entry into the Conference this season) was revoked by the courts. It was revoked because Vaughan's company had claimed to be owed £2.2m by the club, but less than £600k could be substantiated, so the courts threw it out.''

With the CVA failed, it means Chester's debts are more than the two sums owed to the other clubs, so it seems right in the circumstances for the Conference to hold onto the money to ensure that it goes to the club's creditors rather than into Vaughan's pocket.

It's a bit of a mess really - we should know based on Crawley's past history. By the way one of our past investors is doing 'porridge' :oops: :oops: :oops: .

Re: Stephen Vaughan wants to know where his money is ??

PostPosted: Fri Oct 23, 2009 3:30 pm
by Mark S
All the very best to you all down at Crawley.

I remember your supporters' amazing generousity when we did the 48hr Challenge in 2006. We couldnt believe it when you were faced with losing your club at the time. That was a weekend to remember for all the right reasons! :D

Re: Stephen Vaughan wants to know where his money is ??

PostPosted: Fri Oct 23, 2009 4:57 pm
by Christies Child
Whatever ones personal views of SV are, the guy has got a brass neck to openly talk about agreeing to pay the clubs debts ONLY when the League and the Conf pay them. :roll: :roll: :roll:

Re: Stephen Vaughan wants to know where his money is ??

PostPosted: Fri Oct 23, 2009 5:01 pm
by heysham_mfc
Christies Child wrote:Whatever ones personal views of SV are, the guy has got a brass neck to openly talk about agreeing to pay the clubs debts ONLY when the League and the Conf pay them. :roll: :roll: :roll:

sounds like the FL won't pay them untill they are sure of the future of the club