A barrister stood up at yesterday's Court hearing and declared there was a 'query' over the way the shares were transferred to the current owners.
The barrister only stated that the query came from 'former shareholders' so it is a question whether they were representing Tommy Agombar over his transfer to Alpha Finance, or David Keyte over his deal with Agombar.
Nothing is known about Agombar's deal with Alan McCarthy and Alpha Finance beyond what the Insolvency Practitioner Marc Landsman told creditors at the club's CVA meeting - that the transfer of shares and debt was for a 'fraction' of the money Agombar had put into the club.
Keyte's deal with Agombar, the IP also revealed, included a £2,500 monthly payment that was for repayment of the debt transferred to Agombar along with the £2 share sale. It is unknown whether Agombar has failed to meet the terms of his contract with Keyte, and that this is the query that was brought to the Court yesterday.
The judge made it clear that issues were to be resolved - and the petition debts settled - by December 1st or the club would be wound-up.
The club is very much drinking in the last chance saloon.