FARNBOROUGH have confirmed they are appealing to the Football Association regarding the Ryman League’s decision to impose a bond on the troubled club.
We revealed last week that the Ryman League were asking Boro to pay a bond in order to compete in the new Ryman Premier season. The amount is believed to be £30,000.
The Hampshire club were relegated from the Conference South last season and there are still on-going disputes regarding their Company Voluntary Arrangement (CVA).
New Ryman League chairman Nick Robinson said last week: “We have concerns about the club’s ability not just to run until the end of the season, but to pay off its CVA. We are also concerned about a variety of things which have been said, but we had a very good discussion with (owner) Rob Prince last week and we would very much like to move forward.
“Farnborough have provided us a cash flow forecast but we have decided we require a bond in place. We want them to compete in the Ryman Premier and help to ensure they don’t fold.”
A Farnboroguh statement today revealed: “The club can confirm that it has appealed to the FA regarding the imposition of a Ryman League bond. The appeal is expected to be heard urgently and we will not comment further until that appeal is decided.
“The club is ready to fulfil all its fixtures but await a decision from the League on whether the upcoming games will go ahead whilst waiting on the appeal decision. Once the League make that decision we will inform our fans as soon as possible.”
