The statement, quoting Bryan Jackson, reads:
“We can reassure our supporters that Motherwell Football Club is going into the new season on a sound financial footing. Despite discussions with various parties, a suitable buyer for the club has not yet been found. However, the difficult decisions taken by the board of directors in conjunction with me not only saved the club but ensured it is in good shape to meet the challenges of the forthcoming season.
“As other clubs are finding, finances will have to be strictly controlled but Motherwell is now living within its means and we expect it will at least break even over the next season. Strengthening the playing squad will depend on income from TV revenues and the attendances at matches. The number of people who turn up for games is a vital factor.
“The board of directors and myself have great faith in the playing squad and the coaching staff. We have some tremendous young players who are willing to give their all for the club and who will help mount a strong challenge in the SPL and cup competitions.”
Let's hope that the outcome on the pitch allows us to 'break even' in the SPL!