Following the two recent meetings with the Board of Directors and supporters to explain in detail Glenavon’s current and projected financial difficulties, the “Mourneview Needs You” (MNY) fundraising initiative has been steadily gathering pace.
“The response since the meetings has been very encouraging and the club would hope to publish an ongoing list of those contributing to MNY on the club website – providing they are happy to be named” explains club chairman Adrian Teer.
“The Board feels those who attended the meetings now fully appreciate the club’s financial difficulties and understand that without a new, guaranteed and sustained source of income Glenavon could very well fail to satisfy the requirements for a IFA Domestic Licence and therefore cease to exist as a Premiership club. Quite simply, Glenavon Football Club cannot continue with yearly losses as in the past. Whilst granting our licence for 2012/13 the IFA has expressed concern at our projected losses following on from significant trading losses in 2010 and 2011 and actually directed the club to prioritise addressing its continued negative trading position moving forward.”
“For the sake of our club, the MNY scheme simply must succeed” said Mr Teer “It provides every supporter, regardless of his/her disposable income limits, with an opportunity to take part and help ensure the future stability of the club and support its ambitions. Therefore the Board appeals to supporters to join the scheme and to do so as soon as possible through the club office or any director or the link on the Club website.”
Mr Teer added “Unfortunately if MNY is not a success the Board of Directors elected at the forthcoming AGM on 12 June will have no option but to review all aspects of the club and take difficult decisions to ensure Glenavon becomes a stable business operating within its means and competing at a level of football within those means. Otherwise the IFA will insist that we do so.”
The MNY scheme enables supporters to make a regular monthly donation to Glenavon by way of direct debit, credit card or PayPal. The monthly donation can be payments of personal choice, eg £5, £10, £20, £50, £100 or other. A leaflet outlining the scheme is available from the club offices.
