Mitchell On Finances

Last updated : 12 September 2009 By Bournemouth Co-Ordinator
Insisting that AFC Bournemouth are NOT about to hold out begging bowls, or rattle buckets as other League Two sides have to at the moment, Eddie Mitchell comes across as being up beat on the Cherries current financial problems, being quoted in the Bournemouth Evening Echo as saying: "I've spent a considerable amount of time talking to the tax office and have been advised it would be prudent to pay off as much as we can, as soon as we can rather than paying a lump sum. If we have shown willing and paid all we can afford, they may extend the time for us to clear the rest. It's going to be difficult but it will help if they can see regular monies coming in and that's what we've been doing. The tax man holds the key to our success, while paying off the football creditors may help us with the embargo. If we could get an extra 1,000 on the gate on Saturday, we should have enough to clear the football creditors and send some to the tax man. That's the importance of getting extra people through the turnstiles. We did a cash-flow this week and, without the current liability and outstanding debts, we would have broken even this month, which is a really good sign. We're fighting on all fronts but our hands are tied while we've got the football creditors outstanding and getting extra people through the turnstiles would go a long way to solving this".