Wednesday, October 28, 2009

So I was wrong....

After wondering last week if it could get any blacker round Brandywell, it certainly has. A cursory search on Google News will bring back masses of recent news stories of the financial meltdown at the Brandywell.

We've had claim and counter claim, newspaper articles and radio programmes. We've had attention, unwanted, from figures such as David Jeffrey. However we are still no clearly as to just how bad it is.

Stories vary on the amount owed, who it is owed, the very seriousness on the issue. No one should be any illusion as to the seriousness of the situation.

The last time we were in difficulties which seemed as serious as this, there was an open meeting in the Delacroix. It was terrible to be there, but there was real motivation in the room that night. The closest we have got this time is the chairman offering a Q&A thread on DerryCityChat.com

We still awaiting the AGM promised for early 2009, the accounts for year ended Novemeber 2008 are overdue.

At this stage I don't think any amount of internet threads, press interviews or nods and winks will do.

Options

1. The board has to call an AGM/EGM to discuss the situation with the shareholders of Wellvan.
2. A open meeting with supporters.

Let us know where we stand.

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