What really pisses me off about CUOSC is that they always refuse to disclose amounts of money that they have raised for the club in the last week, month and year.

They prefer to give some scant details of the overall amount that they claim to have raised since they began as The Trust in the Michael Knighton time.

They claim to have raised an all-time total of well over £1 million. In their explanation of this figure they include the £800,000 that they got from (possibly bankrupt) Brooks Mileson that they used to buy their Holdings shares.

I maintain that they bought shares to the value of £800,000 from Fred. Thus Fred being the owner of the shares was entitled to that £800,000. But the money was paid to the club.

A common sense interpretation of this is that the Trust got the shares and the club got the money as a donation from Fred, no matter what the actual technicalities were. Fred may have instructed the Trust to pay the money directly to the club but regardless of the mechanism this was an £800,000 donation from Fred to the club, definitely not a donation to the club from the then Trust, later re-named CUOSC.

So, whenever CUOSC (née Trust) boast about the overall amount of money that they have donated to the club you must deduct £800,000 from that figure.

With regard to Brooks Mileson he could have been an undiscovered bankrupt for quite some time. It seems that he shifted the same money around, putting it wherever the spotlight was about to be shone.