Email from Keith Morgan to Trust Members

Dear Member

I have previously provided Trust members with regular updates on this matter, and the linked issue of a legal action against the agent involved Willie McKay. Discussions with sources involved now enable me to provide the following further update.

FC Nantes` initial defence to CCFC`s damages claim in May last year was lodged in November and was considered by CCFC to be a very poor one as its basis was that Willie McKay did not act for them in the transfer and did nothing wrong .

Since the lodging of the defence CCFC commenced an action against Willie McKay to discover documentation and correspondence contradicting FC Nantes` defence claims. This action is not yet finalised but is progressing.

CCFC have now lodged a more detailed claim with the Commercial Court in Nantes setting out Willie McKay`s negligent actions leading to the fatal plane crash where Emiliano Sala tragically lost his life and why, under French law, his actions as their agent makes FC Nantes liable for CCFC`s consequent financial loss. The claim is for in excess of Euros 100million.

A judge is due to review the updated claim document tomorrow (Monday 22 April)

Keith Morgan

Chair