Page last updated at 00:39 GMT, Tuesday, 10 February 2009

Club's survival prospects improve

Stranraer
Fans have become more confident the club can survive

A campaign to help save a Scottish second division football club rates its survival chances as "greater than 90%".

Save Stranraer FC was launched after the side's chairman said their chances of making it to the end of the season were no better than 50/50.

Organiser James McQuistin said there had been strong support from "fans that don't want to see this old club die".

Stranraer currently sit at the bottom of the league table some nine points adrift of the second bottom side.

Last month the club's chairman Nigel Redhead gave his dim assessment of the team's prospects.

Every day that goes by that we receive donations is another day nearer survival
James McQuistin
Save Stranraer FC
He said they were struggling to meet wages of about 250,000-a-year as well as pay creditors with outstanding bills.

It prompted fans to set up Save Stranraer FC.

Mr McQuistin said the appeal had generated 1,500 in its first week and several fund-raising events had been planned.

A trust has now been set up with the aim of helping the club clear its debts.

Mr McQuistin said: "The Friends of Stranraer FC plan to raise the funds to pay the creditors the money they are owed, this is the initial purpose of the trust."

It is then hoped a supporters trust can be set up to help with youth development and other aspects of the club.

"As a result of the action taken by ourselves and the club to reduce the wage bill, things are beginning to look up already," said Mr McQuistin.

"I would say our chances of survival are now greater than 90%, a far cry from the chairman's assessment of a couple of weeks ago.

"Every day that goes by that we receive donations is another day nearer survival."



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SEE ALSO
Stranraer future 50/50 - chairman
21 Jan 09 |  Stranraer
Stranraer move to solve cash woe
27 Sep 08 |  Stranraer
Stranraer facing money problems
03 Sep 08 |  Stranraer

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