Rayleigh boy
Director⭐
You've answered the situation yourself. SUFC isn't insolvent (it has the backing of RM – or his group of companies), it pays its creditors (albeit very late). If any creditor goes to court to liquidate the business (HMRC) or attempts to put it into Administration, then the bills get paid.
but if you take the scenario of a club in chaos and with total unrest - (even Orient had a fans on the pitch) the value of club evaporates very very quickly.
it becomes no longer a viable concern and creditors demand money .. and it goes under.
I don't think we are quite at the S==T or bust stage yet... but we were very close last year.
The fans are the club and the fans do have the final lever ... always.
However bad the situation the fans have the final say ..
In our current situation I would say RM is in last chance saloon -
any more rubbish from him that affects the team and I think it will take a lot more than SVC to save his bacon ...