Club Statement on Recent FA Update
On May 30, 2022, the ownership group finalized the purchase of the club, marking a significant transition towards a new era of leadership and vision. As part of our commitment to transparency and accountability, we are issuing this statement regarding recent updates from the Football Association (FA) concerning our financial reporting.
Ownership Transition and Due Diligence
Before the completion of the purchase, the ownership group undertook an extensive due diligence process. This phase was crucial in assessing the club’s operational health and understanding its financial standing.
During this investigation, we identified areas of concern related to potentially incomplete financial reporting from previous management. Our findings prompted immediate action, as maintaining financial integrity is our top priority.
Commitment to Transparency
We understand that transparency is essential in fostering trust with our fans, players, and stakeholders. As such, we are fully cooperating with the FA as they conduct their inquiries into our financial affairs. Our intention is to resolve any discrepancies found in previous reporting, ensuring that the club operates within the highest standards set forth by regulatory bodies.
Looking Ahead
The ownership group is dedicated to ensuring financial stability and compliance as we navigate through this process. Our objective is to build a club that not only excels on the pitch but also stands as a model of financial responsibility and ethical governance.
We appreciate the ongoing support from our fans during this transitional phase. As we work through these challenges, we remain committed to sharing updates and maintaining open lines of communication with our community.
Conclusion
In closing, we reaffirm our commitment to rectifying any financial reporting issues and fostering a culture of transparency and trust. The future of the club depends on our collective efforts to ensure a solid foundation, paving the way for success on and off the field.
