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Page last updated at 15:41 GMT, Wednesday, 30 March 2011 16:41 UK

Accrington Stanley ownership issue goes on - Ilyas Khan

Accrington Stanley

Accrington chairman Ilyas Khan says he has no indication of when Stanley's ownership issues will be resolved.

Khan is hoping a deal can be struck which would see major shareholder Eric Whalley and managing director David O'Neill sever ties with Stanley.

He told BBC Radio Lancashire: "I think the people involved are displaying the good will necessary to get to a resolution. That is a major change.

"I don't know when it will get resolved. It could be days or weeks."

He added: "But certainly there has been a change in resolve."

Khan, who has been Accrington's non-executive chairman since November 2009, has said that as long as the ownership wrangle goes on for, the club's long-term existence will remain in the balance.

We'd just like to see a bit of light at the end of the tunnel

Accrington manager John Coleman

He said: "The club's financial position is perilous and remains really very tight. Therefore the reason and the motivation for people to resolve this is no longer personal.

"It doesn't matter whether people get on. It's the fact that the stakes are high again because the club itself is in such a dire situation."

Manager John Coleman believes his players deserve a massive amount of credit for "knuckling down and trying to concentrate on the game" throughout the continued period of uncertainty.

"I'd be lying if I said it hadn't affected the players, although it hasn't affected them as much as it could've done," he said.

"But we'd just like to see a bit of light at the end of the tunnel and until we can get ourselves self-sufficient I don't think you can ever truly have a well run football club.

"As I've said all along the three main players who've been involved in this scenario have all done magnificently for the club.

"Possibly when the dust settles the likes of David and Eric won't get the credit they deserve. Eric for what he's done to get the club to where we are and if Dave hadn't have got involved a couple of years ago I think the club would have folded."

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