Quote ="GiantDee"Strange all this talk of morals, they only seem to work one way though:
Ken Davy should hand back shares for £ 2.
Dean Hoyle need not pay Ken Davy for his loan stock (shares in Town arising from Ken having loaned Town money).
Shares in KSDL should be split 40:40:20 as per the original concept.
Giants should pay a greater amount (15/13) for every fan entering the stadium, ie more than the original concept.
That is such an important point that Dean Hoyle will not complete his deal with Ken Davy and that is all Ken's fault.
All this is proven by web-forum posts at DATM and HTSA statements in the examiner.
Did anyone else notice the vast majority of Giants fans at yesterday's match showing support for HTSA by wearing Lime Green t-shirts under their coats?
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Hoyle agreed to pay £2 as well as every penny Davy has put into HTFC plus interest. Everything that Davy originally stipulated in his side of the agreement was honoured by Hoyle. Hands were shook and it was made official the shares would be returning. It was then taken to the council. At this point Davy decides to decide that he wants the rental formula reverting back to the original (the one which he changed and clearly stated was set in stone*)
Hoyle asked for mediation but Davy refused. Davy then stated that he had in no way changed any of his demands throughout the process but admitted he'd asked for the rental agreement to be changed, but defended it by saying it was a separate issue to the share transfer, but stated that he would not transfer the shares without Hoyle agreeing????? All this was covered by a confidentiality agreement as so to save face for Davy but has been outed. Hoyle has said the extra money it will cost after reverting back to the original rental formula is immaterial, but it's the principle of it all.
Davy stated to Mids/HTSA that he'd be willing to discuss the terms that were previously covered by the confidentiality agreement as long as Hoyle agreed, which he swiftly did, but now Davy won't reply.
All of it is out there. It isn't the propaganda of a select few it is there in official statements, minuted from FFA's meeting with Davy, and from Q&A sessions with Hoyle.