Post by Deleted on Feb 13, 2009 22:23:00 GMT
Taken from the BBC News website:-
The owners of Weymouth Football Club have revealed plans to issue a million shares to help save the club after the collapse of takeover talks this week.
Around 400 supporters turned out at the Wessex Stadium to hear Thursday night's announcement.
Chief executive Gary Calder told BBC Solent: "The talking's got to stop, if they don't we'll have to make a tough decision early next week."
The players have not been paid in 2009 and the club owes around £300,000.
A million shares, worth fifty pence each, will now be sold in an effort to raise funds.
If the move is unsuccessful the club could face administration or liquidation.
The owners of Weymouth Football Club have revealed plans to issue a million shares to help save the club after the collapse of takeover talks this week.
Around 400 supporters turned out at the Wessex Stadium to hear Thursday night's announcement.
Chief executive Gary Calder told BBC Solent: "The talking's got to stop, if they don't we'll have to make a tough decision early next week."
The players have not been paid in 2009 and the club owes around £300,000.
A million shares, worth fifty pence each, will now be sold in an effort to raise funds.
If the move is unsuccessful the club could face administration or liquidation.