Spirit Of Shankly meet with Purslow

Last updated : 10 January 2022 By Adam Bryant

spiritofshanklyFollowing the meeting, the Spirit Of Shankly say that: "We feel that the major issue to come out of the meeting is the clear message that the owners time at the Club is more, not less likely, to come to an end soon.

"Mr Purslow made it clear that 'I will have failed if I do not secure investment' and that RBS were pressing heavily for new investment to reduce the Club's borrowings by a figure of £100m from the current figure of £237m. It was also worrying to be told that 'there is no Plan B'.

"The discussion about transfers was a repeat of what we were told in September - quite simply the current owners will be making no further investment from their own funds towards the acquisition of "Snoogy Doogy" or any other players (and clearly haven't done so for some time). Mr Purslow made it clear that he had no expectation of a "sugar daddy" coming into the Club as a new investor.
 
"Future transfer funds will be established from sales and what profit can be generated through the Club's trading - again underlining what the Union has  said for months about the tragedy of the debt burden and the sums of money that have been diverted to banks rather than used to strengthen the team."

For the full minutes of the meeting, further information about the Spirit Of Shankly, and details about joining the union, click here.