Club Statement:
Much has been debated on this board about the club's finances in recent days and several conspiracy theories put forward.
One contributor has suggested that the club are being investigated for financial misdemeanours and as a result the Football League are withholding monies due to the club as a result of our play-off involvement.
This is absolute rubbish. The play-off money has been paid to the club; there is no FL or FA investigation into the club's finances and indeed there never has been under Dick Knight's chairmanship.
As for suggestions that the club's current directors and shareholders are profiting from the football club, this is bordering on slander and an accusation we take very seriously indeed.
We, as a club, have made no secret of the fact that our out goings (playing budget and wages, Falmer costs, Withdean costs, admin costs etc, etc) significantly outweigh our income (gate receipts, TV and sponsorship monies, commercial income etc, etc)... even with a play-off final!
It makes for a very difficult time. The difference is being made up by directors and shareholders digging deeper and deeper into their pockets; dealing with the tricky balancing act of finding funds for Falmer while also trying to provide Mark McGhee with a playing budget to cope in the Championship. It just proves Withdean has never been a long-term option.
The accounts will show you that they have stumped up approximately £7m to keep the club going through this turbulent period.
Everyone from the Chairman down is working together at the football club, and we do recognise that the vast majority of supporters are supportive. This is never taken for granted and is fully appreciated by the chairman, directors, manager, staff or players.
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As a footnote, the club have also looked into the supposed Lincolnshire FA Official who provided the information to the contributor about the club being investigated. The Lincoln FA rep is a man named Ray Tinkler (the former referee) and has been on the FA's board for ten years, not over 50 as was stated on the thread. He is Chair of the Referee's Committee and a member of the Youth Committee. It seems extremely unlikely that he would be involved in any investigation into financial arrangements at a football club let alone talk about it in a pub.
Much has been debated on this board about the club's finances in recent days and several conspiracy theories put forward.
One contributor has suggested that the club are being investigated for financial misdemeanours and as a result the Football League are withholding monies due to the club as a result of our play-off involvement.
This is absolute rubbish. The play-off money has been paid to the club; there is no FL or FA investigation into the club's finances and indeed there never has been under Dick Knight's chairmanship.
As for suggestions that the club's current directors and shareholders are profiting from the football club, this is bordering on slander and an accusation we take very seriously indeed.
We, as a club, have made no secret of the fact that our out goings (playing budget and wages, Falmer costs, Withdean costs, admin costs etc, etc) significantly outweigh our income (gate receipts, TV and sponsorship monies, commercial income etc, etc)... even with a play-off final!
It makes for a very difficult time. The difference is being made up by directors and shareholders digging deeper and deeper into their pockets; dealing with the tricky balancing act of finding funds for Falmer while also trying to provide Mark McGhee with a playing budget to cope in the Championship. It just proves Withdean has never been a long-term option.
The accounts will show you that they have stumped up approximately £7m to keep the club going through this turbulent period.
Everyone from the Chairman down is working together at the football club, and we do recognise that the vast majority of supporters are supportive. This is never taken for granted and is fully appreciated by the chairman, directors, manager, staff or players.
---
As a footnote, the club have also looked into the supposed Lincolnshire FA Official who provided the information to the contributor about the club being investigated. The Lincoln FA rep is a man named Ray Tinkler (the former referee) and has been on the FA's board for ten years, not over 50 as was stated on the thread. He is Chair of the Referee's Committee and a member of the Youth Committee. It seems extremely unlikely that he would be involved in any investigation into financial arrangements at a football club let alone talk about it in a pub.
