I agree with the majority of your points. Sloppy.
The detail is clear. CCFC ltd held Mcsheffreys contract. No doubt about that. Exception or the norm?
A credit note would be issued by CCFC ltd and sent to BCFC according to the letter. No need for the FL to see that
If Tim is 'Honest Tim' are you suggesting joy is dishonest? The letter obviously was sent out during Sisu time. She knows her way round a contract.
Honest Tim has said the practice of holdings being the team is well established. The letter shows him to be up to be less than honest.
Yes, about the credit note in normal circumstances...but I would send a copy anyway as proof of the transaction. The league should have had a tighter control by this time. Obviously though in this case, they didn't seem to care about the details.
Honest Tim is said tongue in cheek... As regards Joy...I know from the comments of a judge that she has memory problems sometimes when recalling events.
Having said that, I think the biggest problems stem from before Tim's time and before Joy started to take more of an interest. Things seemed to be getting better when Robbins was appointed - on and off the field. Unfortunately the damage had been done by a long succession of bad management and now we've had it for the time being.
The longer this goes on, the more contradictions will come out and, as you say, "honest Tim" will start to be exposed. I think he has tried to cover up a lot of wrongdoigs in the past ( the SISU past ) and may yet have to face the consequences. Joy is shrewd enough to keep out of the firing line.
I have no idea how to get out of this impasse, but think that at the end of the day the courts of even a fraud investigation will force someone's hand. In the meantime all fans can do is boycott the Northampton games - it may not stop SISU, but it will show the strength of feeling out there and there is no alternative or better way of fans showing their displeasure.