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CLUB UPDATE

CLUB UPDATE

Dan Aitchison6 Nov 2023 - 17:55
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Further info announced.

Dear fans, thank you for your patience whilst we work tirelessly behind the scenes to solve the current issues.

We are aware there are lots of rumours circulating currently. And we hope to inform you of the current situation as it stands.

Stuart Elliott has informed the League that he has stepped down as Chairman of NBFC but will continue to be a club sponsor.

Currently we have explored all options with Arden Tigress.

They have acted on a technicality at a time when the club was on course to have all rent paid up by December, and generate a significant amount of money via three home games and our fireworks night.

We didn’t receive any prior notice of their action and once they locked the ground up
Stuart Elliott immediately spoke with them and offered to pay all outstanding rent which was refused, since then our Lawyer has spoken to them with a formal offer of all rent plus 6 month advance rent.

This has also been rejected.

The advice we have received says that “No landlord would stop a buisness trading at a time when that buisness would be generating significantly amounts so the all their bills would be paid and be in a healthy position to trade moving forward, unless the landlord had a different agenda”

This course of action by Arden Tigress has cost the club over £60k in lost revenue and that figures increases everyday.

Because of all of this the club is in a perilous position.

Currently Ian cook and Stuart Elliot have helped pay the players wages last week and this is just to allow us to continue in the short term but we are struggling moving forward.

Whilst we know that rearranging our fixtures isn’t ideal, it is allowing us to keep the football team playing, and what a fantastic run they are currently on too.

We are going to keep exploring options and keep fighting, but we are struggling at the minute.

We will update you all again when we have some more news.

UTB

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