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Baker backs Cheltenham to survive

Cheltenham Town

Cheltenham Town chairman Paul Baker says the club will be back in a strong financial position next season.

The Robins staved off administration and Baker is now looking to the future after what he concedes has been a "difficult" year on and off the pitch.

"There is no threat of this club going into administration, no threat at all," he told BBC Radio Gloucestershire.

"It's still going to be tight, but I'm confident that going into next season we'll be on a sound financial footing."

He added: "And probably a lot sounder than lots of other clubs in whatever division we're going to be in because we don't have the problem of big debts.

"Most businesses go to the wall because of cashflow.

"I am now comfortable and the bank are comfortable that we produced the business plan which will see our way out of our current predicament and run the football club on a much tighter footing next year.

"I'm pretty comfortable that by July or August we'll be able to go to the bank and say we can reduce that (overdraft) facility and move forward.

"The last thing I want to do is see this club go into administration.

"I could handle relegation, but not administration. That would reflect awfully on everything we've done for the last 12 to 15 years."

Cheltenham are struggling at the foot of League One, 12 points from safety.

But Baker defended manager Martin Allen and said that any criticism for the financial situation the club is in should be directed at the board.

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"We may have taken our eye of the ball a bit and been a little bit late to respond to some of the situations that are happening at the moment, but we're fully focused now," Baker said.

"Martin has nothing whatsoever to do with this current predicament.

"He's had some really unfair criticism at the moment that this is all down to him.

"Ultimately the board sanctions all the expenditure at this club, not the manager, and therefore it is the board that has got itself into this situation and not the manager."

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see also
Cheltenham 0-1 Northampton
28 Feb 09 |  League One
No administration, say Cheltenham
27 Feb 09 |  Cheltenham


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