All these extremely naive people who invested money into the scheme, invested into SUFC (1988) LTD, a company solely owned by David Hilton, a sole trader and Director, they did not invest in any company associated with Scunthorpe United Football Club.
They have no claim legally against the club. The claim is against the owner of the company they invested in, that company is still trading and a simple google search will point them in the direction.
They didn’t. It was advertised via the club, with enquiries to be addressed to the club. One of the benefits was an opportunity to buy a share in SUFC (1899) Ltd.
I didn’t buy one, but those that did are not as naive as you’re claiming, despite buying into something that would have no value should the club go into administration.
Without having looked into the terms and conditions in any detail, nor being a lawyer of any sort, I’d imagine they have a legally binding contract with the club at this point.
