Source: Team_Talk
Gannon made redundant at County
The Edgeley Park club called in the administrators last Thursday and incurred a 10-point deduction as a result, but managed to survive in League One as they had already accrued enough points to stay up.[LNB]But with administrators Leonard Curtis looking to reduce the wage bill, the highly-rated Gannon has become the first casualty of their recovery plans for the club. The move comes as a shock considering the 40-year-old, who took the reins in December 2005, guided Stockport to promotion last season and turned down the opportunity to join Brighton earlier this year.[LNB]Gannon, who made over 400 appearances for Stockport as a player, refused to speak to the media over the latter part of the season as a statement of his displeasure over the way the club was being run.[LNB]A statement from the administrators read: "It is regrettable, that due to funding constraints during the administration period, it has been necessary to make a number of redundancies. Following the conclusion of the playing season, the number of coaching staff has been reduced and regrettably cuts include the manager, Jim Gannon.[LNB]"It is hoped that these cost reductions will enable us to preserve the club in the short term and secure a buyer in the near future."[LNB][LNB]
