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Salisbury about to be kicked out of the Conference as well?

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#1
offline RalphC

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SALISBURY City owner Mark Winter says he feels “embarrassed” and “ashamed” after buying the financially stricken club with Moroccan businessmen Otail Touzar, who is yet to invest a single penny.

The 47-year-old told supporters last night about £29,000 needs to be raised to cover the players' wage bills by 5pm today or they will be axed from the Football Conference.

Two per cent shareholder Mr Winter has already plunged about £75,000 into the club while his business partner Mr Touzar, 31, is yet to invest.

But Mr Winter, who has supported the Whites for the past six years, doesn't want anyone to help save the club until Mr Touzar, who is chairman, signs over his shares.

The crisis follows an incorrect announcement by Mr Touzar earlier this week that he'd signed a Saudi Arabian prince Khalid Bin Bader Alsaud to play for the Whites.

A club insider told the Journal this wasn't true and no contract had been signed.

At last night's supporters' meeting, held at The Vestry on Milford Street, Mr Winter outlined the severity of the club's financial problem to fans.

“If no money comes in we'll be kicked out of the Conference,” said Mr Winter who is also managing director of Southampton-based company Aqua Pacific.

“He's lost the fans and players. They have been asking who this idiot is. The players don't want to work for him and neither does the manager (Mikey Harris).

“I've asked Otail to sign over his shares to me so others can invest, but he won't at the moment. Therefore, I won't allow anyone to invest while he's got control.

“I feel like the biggest idiot in the city. It has cost me £75,000 to learn a lesson.

“I never intended anything bad to happen to the club. But, as people keep telling me, he was the only man available to help at the time.

“I've taken money from my mortgage to help save the club.

“I feel embarrassed and ashamed about how this has panned out. Never in a million years did I expect this outcome. I don't know what the next seven hours will bring. If Otail leaves, I know people who want to come in and help.”

Mr Winter, who is responsible for running the club on a day-to-day basis with the help of fellow supporter and fiancée Michaela Menzel, took over the club last month from William Harrison-Allan when it was on the verge of folding.

Along with Mr Touzar he took on about £160,000 of debts after purchasing the club for a pound.

About £41,000 of that was owed to the players, some of which the Journal understands has been paid.

“The club was going to fold anyway so I had 48 hours to do a deal and save the club,” Mr Winter added.

“I had lots of talks with potential investors but when it came to it, people, understandably, said I'm out.

“I needed somebody to be the financial backer and was recommended someone by a well-respected man from Capita.

“That man was Otail Touzar. I met him and spoke to him and he reckoned he could take the club to the Championship - he came down to earth later on.

“His business is investing in football clubs. Even William and former director Jeff Hooper said you've landed on your feet.

“But that's not the case.”

City made the step down to the Southern Premier league after suffering a double demotion in 2010. But player/manager Darrell Clarke, with his assistant Mikey Harris, helped them climb back to the top level of non-league.

In the midst of the financial saga, defender Brian Dutton has left and striker Jamie White terminated his contract to join Bristol Rovers, despite Mr Winter offering him £700 to stay.

Cameroonian midfielder Clovis Kamdjo is also not planning to return.

Mr Winter says a statement regarding the club's Conference future will be posted on the club's website by 5pm today.

The Journal has asked Mr Touzar for a comment but he has not yet replied.

http://www.salisbury...ites_in_crisis/



#2
offline Big J R

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  • Fav. Sport(s): Naked Tiddly-Winks for over 70's.

There has to be a very strong moral to this sad tale !



#3
offline Eastside Urchin

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Fck me
Just sums up everything I have said about the FA and the way they look at clubs ownership

#4
offline RalphC

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Salisbury have now been relegated to the Conference South with Dartford reprieved.

 

Following the below statement from the conference that will see Salisbury city FC playing in the conference south next season, Salisbury City Football club and it’s lawyers are considering our next steps. Once a decision has been taken, we will make a further announcement.

 

“The Club has failed to meet the requirement to settle all football creditors in cleared funds by 5pm Thursday 12 June 2014. Furthermore, it has also failed to provide a financial bond of £50,000.00 by the same time and date. These elements constitute two of four requirements unanimously set by members of the Board of the Football Conference Ltd, in attendance and eligible to vote, on Friday 6 June which, if fulfilled, would enable the Club to retain its membership of the Conference National Division. If unfulfilled the Club was advised at the meeting it would be liable to be expelled from the Competition and the Company under Article 5.2 or be relegated.

 

At a Board meeting today (13 June) the Directors considered various issues relating to the Club’s financial stability, in particular the Club’s failure to provide the Bond and its failure to settle all its football creditors by the due date. The Directors in attendance at the meeting, and eligible to vote, unanimously agreed to invoke the latter part of its previous decision and relegate Salisbury City FC from the Conference Premier to Conference South. Furthermore, if a Bond of £50,000.00 (or a Bank Guarantee) is not deposited, and the football creditors have not been settled in cleared funds, by 5.00pm on Friday 4 July 2014, the Club will be expelled from the Competition and the Company.

 

The consequence of today’s decision means Dartford FC will be reprieved from relegation to Conference South and will be replaced in the constitution of this Division by Salisbury City.






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