Source: Team_Talk
Khan urges Stanley financial talks
Investment banker Khan has warned the club they will face serious financial problems for some time to come even if they manage to avoid a winding up order in the next few weeks.
Khan, who owns a 12% stake in Stanley, is concerned the club's debts extend beyond the £308,000 they owe to HM Revenue and Customs, which relates to a previous tax bill.
Stanley must pay off the debt by late October if they are to avoid extinction and Khan told the Lancashire Telegraph: "I think they are hoping to raise as much money as they can at the moment and then see where they are.
"I wish them well with that but what I ask for is transparency."
Khan, who has not received a response from the club over cash talks, added: "I just hope that sanity prevails and they realise that a share issue is the only way out of this situation because the debt is not just £300,000 - that is only the first part of it."
