Post by jErsEy RoyAl on May 27, 2019 20:43:43 GMT
A statement from the Chairman and Board.
OVER the past year, plans to increase the club’s income from a variety of sources have not yet yielded success and, while efforts to secure additional funding will continue, it will be necessary to start the season with a much-reduced playing budget.
Naturally, it is hoped that revenue will increase as the season progresses, in which event the playing budget will be enhanced where possible. However, the worst-case scenario could mean further cuts later in the season.
This decision has not been taken lightly by the board but is essential to ensure the long-term security of the football club. The situation has been explained and discussed with the manager and, while this will make Gary’s job of constructing a squad far more challenging, he has shown full support and understanding of the circumstances.
Incoming chairman Jacques Le Bars said: “This is obviously not the ideal start to my tenure as club chairman. However, I see it as an opportunity to modernise the club and ensure we are not putting it at risk with unrealistic financial commitments. I would ask the fans for their understanding and continuing support for this great football club”.
Manager Gary McCann added: “This is clearly a disappointing turn of events and not something any of us anticipated 12 months ago. However, I do fully understand the situation and will deal with it to the best of my ability.
“I am no stranger to managing a low-budget football club and that experience will serve me well in the months ahead. The management team are fully aware of the situation and are equally committed to maximising the outcome. A young affordable hungry side now becomes the remit.”
Updated 13:00 - 24 May 2019 by Rob Overfield
OVER the past year, plans to increase the club’s income from a variety of sources have not yet yielded success and, while efforts to secure additional funding will continue, it will be necessary to start the season with a much-reduced playing budget.
Naturally, it is hoped that revenue will increase as the season progresses, in which event the playing budget will be enhanced where possible. However, the worst-case scenario could mean further cuts later in the season.
This decision has not been taken lightly by the board but is essential to ensure the long-term security of the football club. The situation has been explained and discussed with the manager and, while this will make Gary’s job of constructing a squad far more challenging, he has shown full support and understanding of the circumstances.
Incoming chairman Jacques Le Bars said: “This is obviously not the ideal start to my tenure as club chairman. However, I see it as an opportunity to modernise the club and ensure we are not putting it at risk with unrealistic financial commitments. I would ask the fans for their understanding and continuing support for this great football club”.
Manager Gary McCann added: “This is clearly a disappointing turn of events and not something any of us anticipated 12 months ago. However, I do fully understand the situation and will deal with it to the best of my ability.
“I am no stranger to managing a low-budget football club and that experience will serve me well in the months ahead. The management team are fully aware of the situation and are equally committed to maximising the outcome. A young affordable hungry side now becomes the remit.”
Updated 13:00 - 24 May 2019 by Rob Overfield