We ran a tight ship, insists Gold

17 November 2009 09:33
Carson Yeung's Grandtop International completed a protracted takeover of the St Andrew's club last month after buying the sharehold of Gold, his brother Ralph and David Sullivan.

The takeover has descended into bitterness with the police and fraud squad called in to look at the club's finances, and the new regime unhappy at being left £6million worth of unpaid bills.

Gold insists the investigation will not find anything untoward about how the club was run under the previous regime and insists the meddling could hurt them in the long run.

"They have spent a huge sum of money so they are entitled to do what they like but football is a very small family, and what goes around comes around," Gold told The Mirror.

"Maybe these people hold grudges longer than most.

"They are really going to need to learn quickly, otherwise they are going to make a lot of enemies.

"What football knows of us is that for 16 years we have run an extremely tight ship under difficult circumstances, we took a club from the third division to the Premier League.

"And that club has remained fairly solvent throughout our tenure, while around us clubs have been collapsing."

Gold, who wanted to stay at St Andrew's alongside Yeung's new regime, believes the accusations made against the old regime are 'inappropriate and unreasonable'.

"I did want to stay on but that didn't materialise, which was very disappointing," added Gold. "I do still wish them well and once they have investigated they will find everything in order.

"These are accusations against us which we feel are inappropriate and unreasonable.

"We are confident that they will spend all this money to find that there is no issue.

"We took legal advice at every step, from lawyers, accountants and the takeover board."

Source: Team_Talk