Theres 4 intrested in buying the club - Coleman

It's just over a week since the club announced it was on the brink of administration again, however Denis Coleman reveals that he has been speaking to 4 potential investors since the news broke.

"I have spoken to four potential investors. All were British and one was local.
"The local one we have totally disregarded but I am in the process of checking out the other three. All three have come forward as individuals but these people may well be front men for others." Denis told the Advertiser.

Denis went on to explain that he's also had some time-wasters; "One guy rang up and it was obvious to me that he was a journalist posing as a potential investor. He said he had millions to invest and said he'd ring back but he never did. He was just after information. Others who rang were probably supporters trying to find things out. I think it's an ego thing for some people."

"We can't divulge information over the phone and we have to be careful. As we've said before, we will only accept help from people who have the best interests of Rotherham United at heart." he added.

Poor facilities

Meanwhile Denis went on to blame the lack of movement and modernisation of the club for the problems it now faces. "Football has changed, Twenty years ago when you went to the match, you met the lads in a pub and got your pie and so on. That is still true to a certain extent but people today see football more of a full day out and corporate football plays a big part in income." he said.

"In years gone by, clubs have looked with vision at what's happening and they built facilities to cater for the changes. We didn't and we're suffering for that now. It's so frustrating we can't drag corporate business in. We've done the best we can but it's difficult to ask sponsors to bring their clients to a marquee. Everyone wants to go to a shiny new stand with new facilities."

"We need to catch up and we need someone to help, us get the club through the next two to three years and hopefully take the club forward." he added.

Denis also added that moeny isnt the only thing that potential investors would need to take over the Millers; "If people prove that they have substantial capital to come in and get involved then we will open the books to them and be honest about everything, But we will just not open the books to any Tom, Dick or Harry who comes along and thinks it's fun to have a play with a football club."

"As we've said, ideally we'd like a fan of the club or a fan of the town to come forward, It's not easy because a lot of people will offer you verbal support but don't want to put their hands in their pockets."

"The bottom line is that if people want a club in the town, someone has to help us. Us four on the board can't manage it on our own."

"Relegation has hit us hard, We lost £150,000 Football League funding and our home crowds dropped 16 per cent. Going up, we would be in a better position, bigger gates, bigger visiting support, more Football League money."

"We have to remember we are still near the top of the table and promotion is a possibility. We don't want to think about ten-point penalties for going into administration. We want to think positive."

"Wigan and Reading were no different to Rotherham and they are sitting in the Premiership. With the right people and the right investment at the right time then we could be in the same position as them."