Sorry I can only go on what St Simon printed on the tuther side, like I say if he was lying he owes an apology to everyone and especially to Sharp maybe fisty cuffs in the boardroom, if like siderite and others are claiming it was a loan it wouldn’t be a good start for him on the board to ask for it back but then again a bit 2 faced as he asked Hilton for it back. I’ll leave you to to decide loan or gift either way apologies needed all round.
Please provide a link to Simon Elliott’s comments. Hilton’s on record as saying it was a gift/donation but if you look at the video, I thought he was far from convincing on the subject.
The likeliness of the transaction involving Ian Sharp and the club was that the funds were transferred on the basis of the local consortium being successful in acquiring the club and stadium from Swann. Sharp, Swann and the club’s lawyers will be able to confirm. If the funds which sharp provided to the club was a loan, then regardless of who the owner of the club is, Scunthorpe United is liable for its repayment as per the terms and conditions.
The fact that Sharp is now a member of the new board suggests to me that he’s now happy to leave his funds in the club. One less creditor and legal battle to deal with. Some might consider it as a win-win situation.
