SOM - Magna Meeting

Both Present

Millers Chairman Peter Ruchniewicz was first up, and gave a short speech regarding the finances of the clubs and whats been happening.

Sorry but i dont have much time to do a full report, so i shall just do the main pointers.

The club has no overdraft facilities, and although this has been looked at no bank is willing to loan the club money.

The board are liasing with a specialist comany called BDO, which is hoped they will be able to buy them more time and advise the board.

£500k is owed to the inland revenue at the end of the season, with the other £500k to be used as wages until the end of the season. The further £1m is to be used next season to ensure we do'nt get into the same situation.

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he club insist that the JCR deal is watertight and todays Rotherham Advertiser also printed a fax from Southend United chairman Ronald Martin proving the case, it also says that personal terms have been agreed with Jamal.

It also emerged that RUFC are also still paying Campbell-Ryce's wages - rumoured to be around the £2500 a week mark, whic the club will be fighting to recover in a hearing next week. Ruchniewicz said on the subject, "We won't give up as we have a substantive case and they have shown cynical commercial bullying and we won't have that. There is a hearing next Wednesday and we are trying to get the matter resolved by the end of February."

On the new stand, Ruchniewicz confirmed that work was still continuing on it after a series of meetings with the Football Foundation and constructors Halls, although at the moment the banqueting and conferencing suites would have to be sacrificed. All that would be built would be the fans essentials such as seats and concourse refreshments etc.

There is enough money in the pot for a further 3 weeks worth of work from Halls.

The Millers financial bod Jeff Berry also took the stage and gave details on the figures, he told "We have just held a meeting with Rotherham Partnership and hopefully that will lead to businesses helping us out. We are working on a business plan for next season based on the new stand facilities."

Still on Millers payroll

He also added that next season if we made it would be hard work, not impossible but hard work and even more so if the club were relegated, he also confirmed that former boss Mick Harford was still being paid by the club and was still officially on 'gardening leave' however it was hoped that he would get employment and a settlement figure could be reached.

The biggest cheer was for Alan Knill and the news that he had secured the services of Stephen Quinn for a further 2 months.

Damon Shaw also spoke and thanked the fans for all thier efforts so far, he also gave a list of events happening to help the Millers.