AGM finally goes ahead

Last updated : 13 December 2006 By @pnemad
There have been the obvious factors such as the resignation of fellow director Steve Jackson and who will take up his shares.

Shaw is also set to announce when work will start on the new stand. Work had been promised since the summer and the stand has been empty since September yet nothing seems to have been done. Shaw earlier int he season said a deal was almost struck with the local NHS Trust so they could use facilities beneath the proposed stand and therefore pay for a part in the construction. Nothing further has been said of this supposed contract and it is believed that due to government cut backs that the NHS may have to withdraw completely from the operation.

If this is true - and it has yet to be denied by Shaw then Preston will have to stump up the £8 million for the stand on their own and with January fast approaching we all know there is only one place we will be able to get that sort of money.

It is also well known that it takes several months before demolition and construction to get the right builders in place at the right time - just look at Wembley! So chances are that even if we did have the cash work is unlikely to start until spring time - unless Mr shaw surprises us all on Monday night at the AGM. Questions have to be raised if plans for the new stand are in place then why has at least the demolition not taken place already?

Shaw has also denied vehemently any takeover rumours and will not be stepping down on Monday evening. After virtually electing himself to the position of Chairman in 2001 after Brian Gray's resignation, the club has stagnated under his leadership. We still have three stands, are making less money and are still in the same division yet after five years the same problem arises - unless we find a benefactor willing to put in a few million the club will remain the same. I for one am tired of the same old garbage and as the saying goes maybe we should be actively seeking out new investors instead of waiting for a Sheikh to come into our laps.

I can only commend the management and players under the past five years for the stringent finances that they have worked under and how we are still in the top six of the Championship is beyond even my comprehension!

Hopefully more dull news to follow after the AGM!