Staff and the Development Trust "loan" | PASOTI
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Staff and the Development Trust "loan"

Apr 21, 2011
24
0
Under Brent's proposal, can anyone outline what will happen with regards the staff's outstanding wages that haven't been paid for however long? Will they receive everything they are owed, just a percentage or indeed nothing? If either of the latter two then fundraising obviously needs to continue.

Will the Development Trust (I think that's what it was called) get any of their money back?

Cheers
 
A

Anonymous

Guest
All of the outstanding wages WILL be paid. A percentage on completion, and then a payback over time.

The Trust money is a delicate matter, as Lombard maybe reading this site.

Suffice to say, an agreement has been reached I believe.
 
Oct 24, 2010
4,594
10
dick.argyle":2nzr7rcb said:
Mr.Brent told the staff, percentage of pay on completion then the rest in instalments over 5 years. :thumbdown:
Any idea what percentage?
 
A

Anonymous

Guest
The big problem is that the PFA dictate what monies have to be paid, so no one can decide to pay ALL the non playing staff 100% and the players in instalments.

Bleddy unfair, but those are the Football Creditor rules. :thumbdown: