Club completes corporate reorganisation

mab · 31-03-2011, 16:49

Accrington Stanley Football Club Limited
Thursday 31st Mar 2011

Club completes corporate reorganisation
Accrington Stanley Football Club is pleased to confirm that a corporate restructuring has been completed. Eric Whalley is no longer a shareholder of the club. David O'Neill will continue as a director until the end of the season.

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Nickelson · 31-03-2011, 16:51

Quote:

Accrington Stanley Football Club is pleased to confirm that a corporate restructuring has been completed. Eric Whalley is no longer a shareholder of the club. David O'Neill will continue as a director until the end of the season.

Accrington Stanley Football Club is pleased to confirm that a corporate restructuring has been completed. Eric Whalley is no longer a shareholder of the club. David O'Neill will continue as a director until the end of the season.

The club wishes to place on record its gratitude to Eric Whalley and his family for their support over the years and also for their co-operation in reaching this final agreement. We also wish to thank Eric for the invaluable role he played in guiding the club back to the Football League. His contribution is a matter of public record and a permanent feature of the club’s proud history. The club also wishes to formally thank David O’Neill for his role in helping to finalise the restructuring.

Ilyas Khan, non executive chairman commented "I am grateful to everyone at the club, but in particular the players and the staff, for the loyalty and devotion they have shown. At times such as this, actions speak louder than words. I will need people to be a little more patient as we work through the next week or two as we work through the various issues that are still in need of attention.

"I wish also to thank John Coleman and his team for ensuring that they worked wonders on the pitch. I do not know of a team in any division that has performed as well in the context of the resources available.

"I would also like to appeal to our wonderful fans, and to the community as a whole to step up and support our team in the last few weeks of the season. Please come to the Crown ground during our remaining home games, and join me as we stand tall and proud behind Coley and the boys."

Accrington Stanley Football Club is now controlled by its board. Ilyas Khan directly or indirectly owns the majority of the shares. Peter Marsden's shareholding remain unchanged. As a matter of priority the club’s ownership will be corrected in the records at Companies House. This will occur once all shares are registered correctly, and this includes the delivery of shares to holders who generously donated to the SOS appeal as well as to the ASSF. It is anticipated that the club’s chairman will make a further statement on this matter in due course, but the focus for now is ensuring that the club deals with its creditors and that we support the lads on the field, starting with the home game on Saturday against Northampton.

We have heard this all before, until it is registered with the company of house it means nothing. Until Ilyas says its all sorted it means nothing. ''Its only words''. If it is all correct then onwards and upwards.

lancsdave · 31-03-2011, 16:51

They should put season tickets on sale tomorrow, would sell out

lancsdave · 31-03-2011, 16:52

Quote:

Originally Posted by Nickelson

We have heard this all before, until it is registered with the company of house it means nothing. Until Ilyas says its all sorted it means nothing. ''Its only words''. If it is all correct then onwards and upwards.

Ilyas is quoted on the article so it's as good as 101 % gospel

maccawozzagod · 31-03-2011, 16:55

thank fook for that!!!!

smudgie · 31-03-2011, 16:55

At long long last.

in Ilyas we trust

Nickelson · 31-03-2011, 16:56

Quote:

Originally Posted by lancsdave

Ilyas is quoted on the article so it's as good as 101 % gospel

Yeah its just me being negative. Onwards and upwards

. I believe.

expatriate · 31-03-2011, 16:59

the facts are true as stated. I can confirm. Please dont be negative !! thanks a lot

SOS444 · 31-03-2011, 17:02

BRILLIANT News Accrington Stanley onward and upwards

Stanleymad · 31-03-2011, 17:02

Thank god for that - phew great stuff on the back of last nights result

One Q.........please dont shoot but think it may cross many a minds, Oneil continues as director ???? (i have qs so i ask em not to be negative just for note]

Nickelson · 31-03-2011, 17:03

Quote:

Originally Posted by expatriate

the facts are true as stated. I can confirm. Please dont be negative !! thanks a lot

Thank you Ilyas.

Quote:

Originally Posted by Stanleymad

Thank god for that - phew great stuff on the back of last nights result

One Q.........please dont shoot but think it may cross many a minds, Oneil continues as director ???? (i have qs so i ask em not to be negative just for note]

Im persuming due to the proximity untill the end of season. It's easier for O'Neil to stay on to help with the running of the club.

Pendle Red · 31-03-2011, 17:04

Good Stuff, I am thrilled it is all finally resolved

It's no doubt been a long and arduous road for everyone involved

Time for re-focus on the team without having to look elsewhere

What a timely boost this could be for the Club

Finally thanks to all those who haved help make it happen

AccyMad · 31-03-2011, 17:04

Woohoo!!!!! At long last - well done to all who have worked to bring this about - I'm a happy bunny tonight

ukcowboy · 31-03-2011, 17:05

Ilyas, Peter, and Rob, excellent news indeed. What a party its gonna be on Saturday.

Redraine · 31-03-2011, 17:08

Fantastic news! What a boost for Coley, the team, the town and all the supporters.