JS....your obvious loyalty to Crowther and PC is commendable, but totally misplaced.
For a start, this guy isn't the slightest bit naive....He bought Club328 purely to get hold of the AOC ( see the article in EBAN March 2008) and he knew back in October that he had no intention of keeping either the Premier or the Dornier on the fleet. Crew were told at the time (October 2007) that he and his 'team of investors' had shoved 20 million into the coffers, basically bringing the balance sheet back to zero. So any financial problems now are down to
his bad management and dodgy deals, not because of anything inherited from Club328....either that, or he lied (Crowther???Surely not??!!
) about the initial investment in the first place.
Those people laid off in February were pressurised ( unsuccessfully, I might add) to sign some cock-a-mammy Compromise Agreement, signing away their rights to any redundancy/holiday pay/pay in lieu of notice etc, at the time, but hopefully to receive all payments over a period of 6 months, starting from June. In addition, there are still salaries owing for the first 2 weeks of February....But he can't afford to pay, apparently. If he can't afford to pay his staff, then the company is insolvent, and he shouldn't be trading.
******