Administration is a last resort
By Ky Capel

Monday 15th June 2009

WEYMOUTH remain intent on avoiding administration, says director Ian Winsor, despite the club needing a cash injection of £50,000.

Winsor last week revealed that the Terras require a short-term investment of £50,000 to ensure their survival until the new Blue Square South season gets underway.

So far, no one has come forward to offer financial aid but Winsor is keen to steer clear of entering administration for fear of the repercussions.

He said: “In this current climate the last thing people want to do is pour money into what they perceive to be a black hole.

“I know the structure at the club can work for next season but at this time the only income clubs tend to have is that of season ticket sales.

“And at the moment that’s a somewhat catch-22 situation because people are reluctant to part with their money if they are unsure about the club’s future.”

Winsor added: “The Football Conference is intent on putting a rule change through regarding administration but needs FA approval and my gut instinct is that the FA will not sanction the rule change. So at this point Appendix E is still in place, which means if Weymouth went into administration now they would be ineligible for the Conference.

“And with other leagues already holding their AGMs and deciding upon the make-up of their respective divisions, it would be difficult to find a place for Weymouth.

“Therefore my view, and I think the board’s is the same, remains staying committed to avoiding administration as it would create so many problems for the club.

“We just need to survive the closed season, when all clubs have difficulties, and then the games will come and we will have some income.”