A Key Week Ahead?

Last updated : 18 July 2008 By Bournemouth Co-Ordinator
Following the trip to Preston, to meet with League officials, at which further clarification was required by the Football League to satisfy their demands before switching the Golden Share to the new company, next week is another key week for the Cherries.

Speaking to the Bournemouth Evening Echo, Mostyn explains that: "Primarily, they wanted clarification on a lot of the financial information that we had provided them with in terms of our profit-and-loss assessment. It's very difficult to give accurate figures for the next three years when we haven't got membership at this moment in time. They wanted to understand how the figures had been derived. That information will be provided to them no later than next Wednesday. That wasn't a deadline, it was by mutual consent. If we manage to get the information to them, they will look to possibily convene a special conference meeting of the board to deliberate our membership application and a decision could be made at the end of next week. We now have funds in place, secured, to take the club through the remainder of the administration period, which we hope will be a very short space of time. And of more significance, we have secured funds in place to take this football club forward. That is the most important thing, not just getting through week by week to ensure the administrator has the money in order just to trade the club".