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Re: Winding up proceedings
so, having worked this out ...
provided that the club can continue making the same revenue as last year ... and having reduced the wage bill by approx £300,000 .. and provided all those figures are correct ... then we should easily manage the debt? fair do's then! |
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Re: Winding up proceedings
Although Stanley is in my blood, being isolated down in Surrey (and shortly to move near to other Stanley fans on the south coast), I do not know the personalities involved. However, from a distance and with no antagonisms in my bagage, I venture to voice a few thoughts. 1) EW and the board obviously would want to manage the situation themselves if possible. 2) The situation cannot be entirely (if at all) of their own making. 3) If the proposed take-over is still 'on', then possibly it is not appropriate timing to be including Ilyas and an official fans' company. 4) Having said that, the club must recognise that fans involvement is much deeper than collective big money (gate receipts). As Cashy has intimated, the 'club' needs to be as touchy-feely with supporters as possible if the drift to B'burn/Burnley is to be stemmed. 5) Once the new fans' company is reality and pledges collected, there can be no excuse for the board not to say why they are ignoring / rejecting help, otherwise they don't deserve customers on a matchday. 6) At the moment season ticket holders may have paid to watch kids in Stanley shirts get hammered every week, so the Google Page Ranking machine needs to wake up and smell the coffee (thanks to whoever posted that super phrase ! ). Can I go back to sleep now ? - us old uns need it y'know ).
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Heys hails Accrington supporters
Published: 10/06/2009 Accrington chief executive Rob Heys has paid tribute to the "fighting fund" set up by supporters to help aid the cash-strapped club. Club shareholder Ilyas Khan looks set to start the fund with £250,000, while Lancashire Telegraph columnist Stephen Lowe has volunteered to become a director of the new company. Stanley were issued with a winding up order last month due to an unpaid £300,000 tax bill but the High Court hearing was adjourned after they put forward proposals to HM Revenue and Customs about clearing the debt over the next 12 months in instalments and Heys said: "It's been set up by a local businessman but how he'd like to distribute it is yet to be decided." Speaking to PA Sport, Heys continued: "I think he's looking perhaps to alter the allocation of shares in the club so there's still quite a bit of talking to be done about how that will be used, but just the fact that it's there is encouraging. "I think the club will get itself out of the situation that we're in and we've obviously shown that to the Revenue but it does mean cutting costs, and something like the fighting fund would help us because we wouldn't have to perhaps cut our costs quite as dramatically, so obviously any money that's coming into the club can only be a good thing for Accrington Stanley." |
Re: Winding up proceedings
wow, an acknowledgement of its existence!
somebody had to say something and I thought they would wait until a formal approach had been made. But the early signs are encouraging. :) |
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Re: Winding up proceedings
Or it could just be £££ they see, it's always clever not to upset your boss or your new boss.;)
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