Quote:
Originally Posted by shakermaker
So all that has been clarified really is that our income is a hundred grand down on what was projected at the start of the season, and that Eric isn't the majority shareholder. No clarification on who rightfully owns that percentage. No mention of debts or plans for administration yet. Hopefully these matters and some of the stories from the Gazelle meeting will be cleared up soon.
|
The directors also considered the club’s cashflow and creditor position. The season has, until December, been commendable in terms of income and expenditure being broadly in line. Two events have led to the club’s financial status becoming unsettled. Firstly the unexpected and sad demise of the Shirt Sponsor, and secondly the postponement of a number of home games. This has reduced income by something in the region of £100,000. The Directors are currently considering a number of options and a further update will be provided in due course.
In the meantime everyone at the club would like to reach out and ask for the support of all fans and the community in and around Accrington. The club currently has a squad that is capable of pushing on for honours, and our Chairman, Ilyas Khan, reminds us that we have faced bigger obstacles in the past, but have overcome them when we present a united front. The best thing that you can do is turn up to the home games and shout loud and stand proud.”
The last two paragraphs are sort of there Shaker!! One of the things that I know/have learnt about IK, is, if there is nowt to say, then he says nowt, therefore I would think that at the moment, there is nowt more to say, the ball - as they say - is well and truely in Mr. Whalleys' court and I do not think he can return it!!!
IK has said in the past, that it may take time, so we must back him, believe in him and he will not let us down!!!!! 