Author Topic: Histon in trouble?  (Read 2471 times)

AJHallgarth

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Histon in trouble?
« on: November 16, 2012, 11:43:10 AM »
They're apparently unable to fulfil their fixture at Colwyn Bay tomorrow and are "taking immediate professional financial advice". Bad times...

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York Street Pilgrim

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Re: Histon in trouble?
« Reply #1 on: November 16, 2012, 04:50:40 PM »

Hope for their sake they're able to continue. And for ours. It won't do our goal difference much good if their record is expunged.

leicester pilgrim

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Re: Histon in trouble?
« Reply #2 on: November 19, 2012, 06:26:31 PM »

From their website (dated today) .....

Quote
Following Friday's statement, there have been a number of positive developments over the weekend. The Board have met with professional advisers this morning and a further statement regarding the Club's future will be issued this evening.

leicester pilgrim

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Re: Histon in trouble?
« Reply #3 on: November 19, 2012, 09:35:01 PM »
Updated statement:

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Histon Football Club would like to update the local community, supporters, sponsors and all interested parties of the Club on its current status following events that took place during the week of November 12th 2012.

During the last week a legal action against the club was successful and this action gave cause for concern to the current board of Directors that previous Directors who had provided loans or paid guarantees on behalf of the club, could at some stage approach the club or take action to recoup funds and thus place the club in a position where it would neither be able to meet any of the demands or continue to trade.

During the past three days the board have worked day and night to address the issues as explained above and act in what they believe to be the best interest of Histon Football Club Ltd. The previous Directors have now agreed verbally and provided written letters of intent, to write off those potential liabilities and therefore, subject to the completion of the necessary legal documentation, the club is now in a position to move forward.

During the last 72 hours the support and good will from past Directors and Sponsors has enabled the club to now look forward with cautious optimism. In addition the club would like to thank all previous Directors for showing their generosity, good will and cooperation in agreeing to set aside any future claim to funds they have provided to the club during the past twenty years.

Furthermore, our Blue Square Bet North game against Chester has been brought forward and will be played this Saturday 24th November at the Glass World Stadium, kick off 3.00pm. Our thanks go to all at Chester FC and the Football Conference for allowing us to change this fixture at short notice.

Our Under 18’s FA Youth Cup 3rd Round game away at Bradford City will take place on Thursday 13th December at the Coral Windows Stadium, kick off at 7.00pm. Admission will be £4 Adults, £2 Under 16’s.