Worrying times at Accrington Stanley

[Heysham_Shrimp]

lets hope they can get through it :-

http://www.accringtonweb.com/forum/f93/ ... 49758.html

[Keith]

so they've turned down help from someone who is Accrington born, self made bloke who happens to own two or three banks and has many-multi-millions sitting around? That's a bright move. Incidentally, Ilyas Khan is the new Chairman of Leonard Cheshire Disability.

[ezz]

Can't believe just like their fans that they would turn away the money to save their club.....surely they must have another idea or they are happy to fade away.

[Mark S]

Looking worse and worse for them. Not sure their directors are acting in the clubs best interest. Personall, I wish Accrington fans all the best. Its always the fans that suffer.

Read this:

This is a jointly issued statement from ASSF/OSC/Ultras

On Saturday afternoon following the defeat at Chesterfield, the then Vice-Chairman Peter Marsden called a meeting of the following people:

Geoff Heap DIRECTOR Mark Turner DIRECTOR, Rob Heys CHIEF EXECUTIVE (which carries Director), Marcelle Lazarus JOINT CO-CHAIRPERSON, Frank Martindale EX DIRECTOR believed to be there in a minute taking capacity, Peter Marsden VICE CHAIR, Bill Holden DIRECTOR.

Not present who maybe would have been expected at such a meeting were Dave O'Neil JOINT CO-CHAIRPERSON, John De-Maine DIRECTOR and Jim Kenyon DIRECTOR

Peter called this meeting in order to try to garner support for a share issue. He, in his capacity as Vice-Chair, believed that re-capitalisation was the only way forward for the club in its present situation. Not only do we owe £308,000 to HMRC, but it is believed we are in debt to a sum of money in excess of twice this figure. Mr Marsden realised that without external funding this club could only continue to fight fires rather than move the club forward. He was trying to ascertain how much board room support there was to such a notion as a new share issue.

At the conclusion of this meeting it is alleged that a statement was made by two directors that included the words "we would rather the club go under than be run by ASSF or Ilyas Khan"

Members of the ASSF are very concerned by this derogatory comment aimed at a group, a collection of fans that undoubtedly have the absolute best interests of the club at heart. The second part of that statement is irrelevant. However the first part of that statement should be of grave concern to every supporter of Accrington Stanley Football Club. Two people who have the future of the club within their control have stated that they would rather the club go under than ....
We will take this opportunity to remind every director and every fan that as a director of a company one has a responsibility to act in the best interests of said company. With 23 days to go until the club closes its doors for the final time there were no alternative options on the table other than the one issued by ASSF. The best interests of the company were to work with that group and ensure that by the time of the next hearing there is £308,000 to give to HMRC.

Throughout the last four months since proceedings began, the three collective fan groups have tried at all times to act in what they, individually, believed to be in the best interests of the club. We don't believe that the board of directors, led by Dave O'Neil and Marcelle Lazarus as joint co-chairpersons have.

Furthermore it is of no surprise that these individuals have refused to listen to offers of help as neither of these are listed as shareholders nor directors in the latest available Companies House listings.

The collective fan based groups would appeal to all those concerned to put their collective weight behind a motion for the Board of directors to either step aside or carry out their legal, and moral, obligation to do what is in the best interests of the club.


Rob Russell
on behalf of Accrington Stanley Supporters Fund, Accrington Stanley Official Supporters Club and Stanley Ultras

http://www.accringtonweb.com/forum/f93/ilyas-pulls-out-49758-9.html

I think Rob Russell is Maccwozzagod

[marky No.1]

Accrington v Blackburn next week

http://www.rovers.co.uk/page/NewsDetail ... 60,00.html

At least they have friendly neighbours but will it be enough?

[Heysham_Shrimp]

The Accy players have only received half of their salaries for September.

Also John Coleman is being strongly linked with a job that may become vacant on the Wirral.

[Mark S]

I cant see a way out for them unless their directors either stump up the cash at last minute or swallow their pride and go begging.

Shame for the fans that ego's seem to be getting in the way. It would also seem that Eric Whalley's reputation among the fans has all but diminished as more and more facts come out.

It looks like most clubs could be safe from relegation be default once again unless there is an 11th hour intervention.

[steve mfc]

I cant see a way out for them unless their directors either stump up the cash at last minute or swallow their pride and go begging.

Shame for the fans that ego's seem to be getting in the way. It would also seem that Eric Whalley's reputation among the fans has all but diminished as more and more facts come out.

It looks like most clubs could be safe from relegation be default once again unless there is an 11th hour intervention.

There doesn't appear to be much hope for Accy, i have been following this saga for some time now on their forum. There was the initial optimism when Eric Whalley left the club and David O'Neil took up the helm, only to be followed by dismay at the revelation that the club was in debt to the HMRC to the tune of £308.000.

But the events of the last week are almost unbelievable, for the current owners to reject the offer of Ilyas Khan to clear the club of all its debt in return for a share issue and then say they would rather the club go under when they have only three weeks to find the money is appalling. It also appears that the debt could be double what is owed to the taxman with £150.000 owed to Eric Whalley.

[marky No.1]

Their Lady Chairperson has found it too hot in the kitchen!

"It wasn’t what I thought it was going to be and enough is enough."

"I’ve decided to walk away."

marcelle.jpg

http://www.lancashiretelegraph.co.uk/sp ... e/?ref=rss