Nominees' statement

"Now the dust has settled after yesterday's result, we thought it was important to make a few final comments.

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First and foremost, we would like to thank everyone who voted for us, particularly the fans whose overwhelming support has galvanised us.

Secondly, we think it is important that yesterday's result is put in context. The reality is that Brian Stockbridge's vote and our vote was determined by a very small number of shareholders.

Four shareholders, Easdale proxy, Laxey, Mike Ashley, and Zeus Capital control almost 50% of the shares. Obviously none of them voted for us and all of them voted for Brian Stockbridge.

We therefore achieved 60% support from the remainder of the shareholders whilst Brian Stockbridge achieved 30%.

That said, it was a democratic vote and we stand by the result.

We are proud of our campaign. We have brought all of the issues to the fore and we have exposed the mismanagement of the Club. This has brought positive board change particularly in the shape of Graham Wallace. We now hope he is given the authority to make his mark without outside influences.

Finally, we wish Ally and the team continued success in the future."

Finance

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