Q&A with Simon Hallett

Grovehill wrote:

A couple more thoughts on Hallett etc.

How can a debt ridden, asset free football club that hasn't made a profit for God knows how long, be valued at £1.5 million. Is there something in the pipeline that we don't know about?

Has the £500,000 he paid for his shares gone to reduce debts or into the pockets of one or more of the Directors?

When a new board took over the club in the 1980's one of the Directors,- who had put in a similar amount to Hallett in real terms- said "I know I'll never get my money back, I'm doing it to save the club"  Why do people who profess to have the same love of the Club now insist that every penny they put in, gets paid back when the club is sold?

It apparently did make a profit last FY, however no one these bothers with something a
Risky as profit and loss. consultancy fees aren't cheap y' know