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RUFC - Press Release

RUFC - Press Release

Mr Jeremy Bleazard, the Administrator at Millmoor, has said today that there are eight consortia interested in buying the club. A number of these have already been ruled out for not meeting the criteria set by the Administrator.

Mr Bleazard told the Official Site, 'When a business is marketed there is a procedure to follow and part of this procedure is signing a confidentiality agreement and providing proof that monies are available to fund the purchase. A number of interested parties have failed to do this.'

Mr Bleazard also said that no formal offers had been received and discussions with the remaining interested parties were at an early stage. 'Sales packages have been sent to these parties,' Mr Bleazard said,' and I will be looking for formal offers for the club to be received by close of business on 11th April.'

He also spoke about the players saying, 'One player has not signed the wage deferral. I have taken advice regarding this player and am currently considering the options available.'

He did say that the rent for Millmoor and the training ground had been paid for April.

'With the cashflows are tight because they were prepared based on a level of income generated from fans coming through the turnstiles. If fans do not turn up to the remaining games then there is no income stream and the club would not be able to trade.

'Therefore, I am hopeful the loyal fans of the club, the people of Rotherham and football fans in general will turn up for the remaining fixtures to help save the club.'

Writer:Herringthorpe
Date:Wednesday April 2 2008
Time: 4:48PM

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