you’re so way off the mark your lack of understanding is farcical. Best you do some research before you post again on this subject.
Heres a start for you
club statement from Dec ‘14
Motherwell Football Club and the ‘Well Society can confirm that they have entered into a memorandum of understanding (MOU) with Mr Les Hutchison.
If the transaction set out in the MOU is concluded, Mr Hutchison will provide the club with working c apital finance, alongside the ongoing funding support provided by the Society, which has just provided another lo an totalling £100k to the club
This finance will take the form of an interest free loan, repayable over a maximum period of five years.
During that time the Society Board have committed to growing both membership numbers and funds in order to demonstrate that the supporter base is fully behind the concept of fan ownership.
Once Mr Hutchison’s loan has been repaid in full, it is anticipated the Society will become the ow ners of the club. Mr Hutchison will effectively act as facilitator for the transition of ownership of the club to supporters, provided there is clear evidence that more of our fan base is willing to support the initiative.
We have now entered a 30-day exclusivity period to enable financial and legal due diligence to be undertaken.
Mr Les Hutchison stated: “I look forward to working with the Society and the Club to help them achieve their objective of fan ownership and be financially sustainable within five years.”
Mr Brian McCafferty, acting Chairman of the Society, added: “We would like to sincerely thank Les for his generous loan to the club which has kept alive hopes of community ownership. We emphatically believe the partnership between Les and the society provides, by far, the best solution to both the club’s short-term financial needs and its long -term sustainability and success.”