PlayerShare Consider Options

Last updated : 01 April 2008 By Bournemouth Co-Ordinator
PlayerShare, the scheme that has help fund many player signings at Dean Court in recent years, has issued a statement ahead of the creditors meeting at Dean Court on April 7th.

The statement reads: "The success of Playershare in funding the improvements in the playing strength of AFC Bournemouth over the past few years is shown by the amount that the company was owed by the football club at administration - just over £520,000. This makes Playershare one of the biggest unsecured creditors and an important voice in the creditors' meeting. Playershare Ltd is owned by its shareholders and the directors will be consulting with them before any decision on how the company will vote. Co-incidentally, Playershare's annual general meeting is on Wednesday at the offices of Mazar LLP in Poole, starting at 7.30pm, and all shareholders are urged to attend to give their views. The directors have been researching as fully as possible the likely outcomes associated with each way the company's vote might be cast so that these facts can be presented to the shareholders at the meeting. To assist the directors in this process, professional advice has been taken. All the shareholders of Playershare Ltd have been fans of AFC Bournemouth and all supporters can be reassured that whichever way the company votes at the creditors' meeting, it will be in the long-term interests of AFC Bournemouth".