Stranraer FC move has member backing
MOVES to change Stranraer Football Club's status to a limited company have been backed by members this week after a meeting to discuss the club's future.
Wendesday's meeting sought to answer questions from the members about the financial situation of the reportedly debt-ridden club and to seek their backing in moving the club's status.
Plans have been in motion for some time to seek permission from the SFL to move it to limited club status.
Treasurer Alex Thompson told The Gazette that the meeting had showed support for the move and that members felt it was the sensible thing to do.
He said: "The SFL have asked us to work on fulfilling five criteria before we can be classed as a limited company but they said our inital request seems fine in principle.
"We will now spend the next couple of weeks working on these criteria and will go back to them with what we've done."
The 138-year old club is reported to be in excess of 200,000 worth of debt after falling ticket sales and higher wages for its staff but should they find investment through their new status, they hope to be around to celebrate their 150th birthday.
Another meeting is expected to be held over the coming weeks with an update on the situation.
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Weather for Newton Stewart
Wednesday 23 May 2012
Today
Sunny spells
Temperature: 10 C to 17 C
Wind Speed: 10 mph
Wind direction: South
Tomorrow
Sunny spells
Temperature: 13 C to 19 C
Wind Speed: 9 mph
Wind direction: South
