Speaking to the shareholders, John Boyle outlined the difficult times the club had been through in the last eighteen months but declared that the club was now in a stable financial state.
There was great satisfaction to be gained from some of the recent results on the park and some excitement to be taken from the emergence of the “young talent”. Terry Butcher and his team of coaches were to be congratulated for their efforts. 
John said the he was giving up the role of chairman and that Bill Dickie would be the man to lead the club into the future and that further changes would be made to the composition of the board but that those would be delayed until the club was free of administration.
Bill Dickie thanked John for his enormous contribution to the club and stated that his efforts had kept the club alive. There was a need for all of us to generate more income for the club. The people of Lanarkshire had to get behind the club and local businesses should also play their part.
Terry Butcher made a few contributions to the meeting. He let it be known that Martyn Corrigan had signed a contract to keep him at