Cheltenham chairman Paul Baker has spoken to try and quell the speculation about financial problems at Whaddon Street. The players can not be paid until after the recepits from this afternoon's match with Hereford United have been banked.
“We have suffered a temporary cash flow problem because of the amount of games we have had postponed recently, but we are managing the situation," Baker told the WDP.
“I would be worried if we didn’t have the money to pay the players at all. I would like to stress that this problem has no bearing whatsoever on the long-term financial picture at the club.
“We are not worried about it, people are probably making too much of the situation and worrying unnecessarily. These sorts of cash flow issues arise from time-to-time during periods of economic recession.”
The paper goes on to report that Baker has denied players were asked to defer all bonus payments until the end of the season.
Text at top (next game etc)
Next Game: Darlington Away In The League On Saturday 23rd November At 3.00pm