Quote Originally Posted by TWGL1 View Post
https://www.scfc2.co.uk/forum/d/6950-trust-accounts-/4

This is insane


I've never looked at these accounts before, interesting stuff.

Importantly, looking at the legal costs, if you add them up for the last 7 years, i.e. since the sale to the Americans, the total legal cost is £580K, yet they settled round the back of the sheds for only £500k. That decision to settle actually cost the Trust £80K, no profit, just a fkn loss of £80k. They didn't cover their costs.

And they make a loss on the raffle and decide to have another one this year.
It's an absolute shambles. The current board sold out the Trust (numbers now down circa 1k) so they could sit with the board. Unforgivable.