I feel very, very sorry for the poor students who had placed tens of thousands on account in anticipation of cheaper flying and the dream of a PPL only to be shafted royally by crap management who have fleeced innocent people..... This practice of taking money on account into flying clubs and it just going inot the pot with the normal operating cash flow account MUST be stopped.
I could not agree more; I at one point had a lot of money in my OSFC account - luckily not much at the moment - but to be honest I always thought "this could never happen to Old Sarum".