Uncle Ken to walk away at end of season?
Last updated : 25 November 2004 By Bigrich.....
"There was a meeting with Mr Booth and the Bank and they decided where they want to be with the overdraft, and we have to work to try and keep it withen that limit. It's not suprise really as costs have been escalating and there has to be a line drawn underneath it at some stage, although we was'nt sure where that line was, but unfortunately the club have to work under those constraints now."
"we're reviewing things on a daily basis and putting things in place to help elieviate that debt. Although that doesnt mean Player sales in the short term unless Ronnie wants to wheel and deal with loans that thats ok."
"We're trying to keep a strong a squad as we can, we're not in a great position and we have to bear in mind what it could mean at the end of the season. Obviously we're dissapointed in selling Sedgy, but we can assure you that we
didnt push him out of the door, but it was important financially to us."
"There are no other debt's apart from the Bank Overdraft, which is guarenteed by the C F Booth group, the relationship with the bank is alright, but they have decided a point where they want us to be and we'll work to be at it."
"We are working with a number of people to provide an exit stratagy for Ken Booth, We're trying to put things in place to make it possible. In discussions with Ken, he has said that he is willing to go until the end of the season."
