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Relief For Histon

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Fans and officials at Histon breathed a sigh of relief last night after the Blue Square Bet North club announced their….

….former directors had agreed to write off loans and guarantees that could have potentially forced the Stutes out of existence.

Fears over Histon’s financial situation arose on Friday when the club unexpectedly called off Saturday’s league fixture away to Colwyn Bay but the club confirmed last night it will be able to continue.

The decision not to travel to Colwyn Bay followed former chief executive Allen Soraff’s court victory earlier in the week where he won the right to claim back money he had previously invested in the club.

The board feared the case would pave the way for other former directors to try to reclaim hundreds of thousands of pounds but following a series of hastily arranged meetings between the current board and former directors including Gareth Baldwin, Tony Roche and Angelo Dama, the club received assurances that would not be the case.

“We breathed a sigh of relief tonight,” said chairman Russell Hands.

“The judgment really took us by surprise. It wasn’t a lot of money we owed in that case but it looked as though Pandora’s Box had been opened and things would come back to bite us.

“We met former directors and spoke to a lot of people and got letters of intent that they will not come after the club for reimbursement for money invested into the club over the last 20 years. This puts us in a much safer position.

“We can get back to playing football.”

On the club’s decision to call off Saturday’s match, Hands, who was out of the country until late on Friday, added: “People maybe panicked a bit when the decision was made not to send a team up to Colwyn Bay in case of breaching company law and spending money.

“In hindsight I might have done it differently, but I’m not going to criticise anyone for it because people were trying to do things in the right and correct way.

“The league may not look too kindly on us but we can only explain the situation and hopefully they will not hit us too hard.

“They will see what we’ve done was done for the right reasons.”

A Histon statement issued last night added: “The club would like to thank all previous directors for their generosity, goodwill and co-operation in agreeing to set aside any future claim to funds they have provided to the club during the past twenty years.”

Histon also announced that their league match at home to Chester FC has been brought forward to this Saturday.

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