Watty
09-12-2005, 11:41 AM
Whats the implications of this??? From BBC website:
Ross County are set to become a football club without a chairman as a result of a revolutionary plan unanimously approved by shareholders.
The original Ross County Limited will concentrate only on property, mainly their Victoria Park Stadium, Dingwall.
Its football side will be franchised to Inverness-based Global Highland Management Services, owned by former County chairman Roy MacGregor.
That budget will be run by a director of football to be named on Friday.
The three-year arrangement is the club's way of satisfying their bankers that it can survive a major financial crisis, with the Dingwall club reportedly 850,000 in debt.
Current chairman Peter Swanson will become chief executive of the property side and hopes that the club's supporters will help raise 70,000 required to provide a short-term solution to their problems.
John Robertson resigned as manager in October after a disagreement over planned staff cuts and was soon followed by assistant Donald Park.
Former youth coach Gardner Spiers has since been in temporary charge of the club still in the race for promotion from Division One.
Ross County are set to become a football club without a chairman as a result of a revolutionary plan unanimously approved by shareholders.
The original Ross County Limited will concentrate only on property, mainly their Victoria Park Stadium, Dingwall.
Its football side will be franchised to Inverness-based Global Highland Management Services, owned by former County chairman Roy MacGregor.
That budget will be run by a director of football to be named on Friday.
The three-year arrangement is the club's way of satisfying their bankers that it can survive a major financial crisis, with the Dingwall club reportedly 850,000 in debt.
Current chairman Peter Swanson will become chief executive of the property side and hopes that the club's supporters will help raise 70,000 required to provide a short-term solution to their problems.
John Robertson resigned as manager in October after a disagreement over planned staff cuts and was soon followed by assistant Donald Park.
Former youth coach Gardner Spiers has since been in temporary charge of the club still in the race for promotion from Division One.