Source: Bournemouth_Echo
Cherries: Mitchell bullish over HMRC setback
Cherries chairman Eddie Mitchell is remaining confident that the club can overcome its latest financial obstacle.[LNB] Mitchell last night revealed that HM Revenue and Customs had again served Cherries with a winding-up petition over outstanding tax debts of £314,000.[LNB] With money raised through the club's early season ticket sales drive, Mitchell claimed that about £100,000 was set to be wiped from that total.[LNB] And he is bullish about the club's chances of staving off a HMRC winding-up petition for the second time this season.[LNB] We are confident by the time the order is issued we will have found the money to clear it, said the club's majority shareholder.[LNB] The Dorset-based businessman also called on the club's fans to continue helping to raise funds.[LNB] Asked by the Echo if he had a message for Cherries' long-suffering supporters, Mitchell added: My message is for them to continue supporting in the way they have and we will then get through it.[LNB] At last night's fans' forum, Mitchell delivered the shock news as he outlined the club's financial position. Mitchell said Cherries had raised around £280,000 from the early season ticket offer, although added that the funds had already been accounted for.[LNB] He listed where the money had gone, with an insolvency payment swallowing up £28,000 and former benefactor John Piper, £12,000.[LNB] He said the council had received £9,000, the club's programme publisher £12,000 and kit manufacturer Carbrini £34,000.[LNB] Mitchell also revealed former boss Jimmy Quinn had been paid £20,000, ex-player Russell Perrett £3,000 and one-time director of football Ted Sutton £6,000.[LNB] FOR MORE REACTION TO THE WINDING-UP PETITION, SEE TOMORROW'S DAILY ECHO.[LNB]
