New statement

stanleyhouse

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Accrington Stanley Managing Director, David O’Neill has announced his search for new directors for the Club. With Ilyas Khan’s immanent official resignation from the Chair and also board member Peter Marsden based out of Accrington, David O’Neill is looking for local businessmen and company directors to join the club and help push Stanley on to the next level.
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Ilyas has not yet officially resigned; however, the Club needs to plan for the future. It has been very difficult to hold board meetings with both Peter and Ilyas being based in London and for a League 2 Club the board should have a more extensive base than three Directors.

O’Neill would also like for the new board to democratically vote on the new Chairman once Ilyas officially departs, he went on to explain
“When Eric left it was assumed that because he was Managing Director and Chairman that I would step into those shoes, it was not a position that I was comfortable with as it did not seem right to just adopt that roll, the past 14 months have been challenging to say the least. We have now assembled a very strong Management team who are more than capable of driving the Club forward and maintain off field activity to reach our maximum potential."

"When Ilyas stepped into the Chair he played Devil’s Advocate superbly and challenged, yet helped me, every step of the way, however, the time has come to elect a board and Chairman to spearhead the club and continue to challenge this management team to ensure we do achieve that maximum potential, potential that I have always known was there.”
O’Neill verified the criteria of potential applicants, “I’m looking for approximately six well established local professionals with verified business experience and acumen, who have both a vested interest in the Club and the town.

"Interested parties should be from a broad spectrum of professions from Company Directors to Solicitors. Candidates will ideally have a wealth of experience and expertise that will enhance the development and sustainability of the Club.”

For anyone interested in investing in the club and joining the board, please declare interest in writing for the personal attention of David O’Neill, Accrington Stanley Football Club, Livingstone Road, Accrington, BB5 5BX
 
Afraid not the club objected to the original so to avoid my phone going off best not to publish on open forum. Tho u can quite happily discuss this current edit freely as in public domain now.
 
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SM's had more than enough grief for one day, so let's let sleeping dogs do their thing ...
 
So basically current regime has no dosh to invest so is asking for investors? Is our financial position more worrying than feared? Or is it asking a lot or should i say is it viable that such knowledgable investors exist locally that would commit to our club?
Confusing??
Posted via Mobile Device
 
In comparison to the old statement, the new one removes alot of the 'we are skint and looking for 6 people to invest x amount in' with a more positive we need more board meetings. Its for the town.

Good spin O'Neil look forward to your next one.
 
In comparison to the old statement, the new one removes alot of the 'we are skint and looking for 6 people to invest x amount in' with a more positive we need more board meetings. Its for the town.

Good spin O'Neil look forward to your next one.
as i said on other thread, think its worded much better now,may be wrong, but suspect the good spin came from martyn.:D
 
So basically current regime has no dosh to invest so is asking for investors? Is our financial position more worrying than feared? Or is it asking a lot or should i say is it viable that such knowledgable investors exist locally that would commit to our club?
Confusing??
Posted via Mobile Device


SM !..Were we not assured that, fiscally speaking, all is well and that by the end of the coming Season the club would 'break even'?.....so why should I at this moment be sharing your concerns !.
I continue to remain confused and dismayed by the utterances and revelations emanating from 'The Crown !...
 
I agree it is worded alot better than the other version. Could persume the first was a listen of notes from O'Neil to Martyn that got published by accident ?

A much more professional version. Shame that the bit saying 'I have 51% and can vote myself as chairman', which is sheer arrogance has been removed.
 
I agree it is worded alot better than the other version. Could persume the first was a listen of notes from O'Neil to Martyn that got published by accident ?

A much more professional version. Shame that the bit saying 'I have 51% and can vote myself as chairman', which is sheer arrogance has been removed.
thats why i'm assuming the spin was not the DoNs.:rofl38::rofl38::rofl38:
 
O’Neill would also like for the new board to democratically vote on the new Chairman once Ilyas officially departs, he went on to explain
“When Eric left it was assumed that because he was Managing Director and Chairman that I would step into those shoes, it was not a position that I was comfortable with as it did not seem right to just adopt that roll
:) At least Mr ONeil admitts that he not up to been chairman and wants a democraticall vote by the board :)
 
As much as it is great that we are seeking new investment and ideas, I honestly believe we are not an attractive proposition to an investor. I think it would be a lot better if we got the accounts finalised, sort the embargo out, sort the ownership issue and then I think we may have a chance of getting interest in the club. I think most people wouldn't be interested when we don't actually know who owns the club and at what percentage. Plus there is still the issue of directors loans of a 6 figure sum which needs resolving, I think the timing of this could have been better as there a number of key issues that need to be resolved yet.
 
:) At least Mr ONeil admitts that he not up to been chairman and wants a democraticall vote by the board :)


Dont forget that O'Neill stepped down from chairman after the fiasco with the tax, when Ilyas and PM saved us from deaths door.

The original statement stated that '' What happened when Eric left is I became Chairman, nobody voted me in or anything like that. But 51% shareholder I can vote myself in if I needed to anyway.''
 
As much as it is great that we are seeking new investment and ideas, I honestly believe we are not an attractive proposition to an investor. I think it would be a lot better if we got the accounts finalised, sort the embargo out, sort the ownership issue and then I think we may have a chance of getting interest in the club. I think most people wouldn't be interested when we don't actually know who owns the club and at what percentage. Plus there is still the issue of directors loans of a 6 figure sum which needs resolving, I think the timing of this could have been better as there a number of key issues that need to be resolved yet.
The timing does seem very strange to me.:confused: makes me wonder,is there n ulterior motive.:eek:
 
“I am very pleased that the new board has come together, and that the future of Accrington Stanley Football Club is assured. The past few months have been challenging, but the positive changes effected on the field, and in the day to day management of the club can now be supported by a stronger financial backing and a board with the requisite experience and strength to move forward." (David O'Neill, 3 November 2009)

Are we now to assume that the board described by David O'Neill did NOT have "the requisite experience and strength to move forward"?
 
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