AFC Bournemouth chairman Eddie Mitchell believes the Dean Court faithful should be grateful for the position the Cherries are now in financially.
Mitchell has stated that apart from monies owed to Mitchell and vice chairman Jeff Mostyn, the Cherries are now debt free and self sufficient.
His comments follow an interview he gave to the People newspaper on Sunday where he denied claims he was ‘asset stripping’.
Mitchell said ‘I’m not asset stripping – if anyone wants to confront me on that they’re welcome.’.
Over the past twelve months the Cherries have sold Brett Pitman, Josh McQuoid, Marvin Bartley, Jason Pearce, Rhoys Wiggins, Anton Robinson and are expected to sell Danny Ings over the next 24 hours.
All transfers were undisclosed, with reports suggesting that the Cherries could eventually receive around £2-3million in transfer income.
Most deals are believed to have been concluded in stage payments, spread out over four years.
When asked by the Daily Echo where the transfer income had gone Mitchell said…
‘…It has gone into the club for addressing situations that needed addressing straight away. It has gone into the stadium, bringing the youth back in-house and signing new players. We have addressed numerous situations that people are not aware of.”
‘My honest view is that the supporters and the people that follow Bournemouth should be very grateful for the position I have got the club into. We are in a fantastic position compared with when I came in. The club was probably a week away from going out of the league.
“Since I have been here, I haven`t drawn a penny in wages and have worked tirelessly for the past two years. The club is debt free, self sufficient, enterprising, going places and looks and feels good. What more could anybody want?
The Daily Echo‘s Neil Meldrum has held a Q&A with AFC Bournemouth chairman Eddie Mitchell and chief executive Neill Blake.
The questions concentrated on the conference facilities at Dean Court, Black Label Events, CCJ’s and the accounts.
To read the full Q&A click here.
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