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Club News

STATEMENT FROM THE CHAIRMAN

8 January 2014

Nick on the annual accounts

“I was surprised at the belated reaction to the last annual accounts approved by the shareholders back in December 2013.

"I should like to reassure the supporters of Bristol Rovers Football Club that the Club retains the full support of its Board of Directors.

"The Board are totally focused on the Club and will provide the necessary resources for it to achieve its aim of sustainability which is contained in the business plan for the new stadium.

"The Board over the last few years has paid down all the Club’s external debt with the exception of the mortgage on the Memorial Stadium, ensuring that the Club’s destiny is secure in the directors’ hands.

"The delays caused by the Judicial Review do mean that the losses will continue in the short term, as the move is delayed, but the  Board are committed to supporting the Club during this period.

"I would point out that the these losses were anticipated, and  the failure of a decent Cup run in any of the competitions has not helped the overall picture.

"We are like most professional football clubs, we need the benefit of a supportive board, but the move to the new stadium will go a long way to  underpinning the finances of the Club.”

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