Heys still confident of survival

29 May 2009 15:08
Stanley must appear in court on June 10 faced with unpaid tax and national insurance contributions of around £300,000 to compound the club's previous financial difficulties. Heys fully accepts the club are morally bound to pay back the debts in their entirety, but remains confident Stanley will find a suitable solution. When asked if the predicament threatened the club's existence, Heys told Sky Sports News: "I wouldn't like to think there is a chance the club could be wound up. We are very confident of coming to an agreement. "We accept there is a liability there and we do want to pay it in full. We believe it is morally right that we should do that. We are now working with our professional advisors to try and find a solution to give us the time to pay it off in full. "We are confident we can manage the debt. We just need a little bit of time to be able to do that. I think it is a matter of making sure that we make the savings required. As long as we cut our costs accordingly then we can manage this debt."

Source: Team_Talk