THE Well Society hope to hit their £800,000 cash target in four months as they prepare to launch a new campaign to attract more members to the Steelmen cause.

Despite several years of on-field success, finances are still tight at Fir Park and the Society stepped in last season to loan the club £230,000, just 12 months after £150,000 was ploughed in to help Well through a cash flow shortage.

The group, made up of fans, have raised just over half the funds they require to acquire a majority stake in the club as former chairman John Boyle looks to hand over his shares to the supporters.

Boss Stuart McCall led his side to second place in the Premiership last term, once again clinching European football this season, but the club still reported a six-figure financial loss.

And the Well Society are now set to up their efforts to attract more members and money as they attempt to play their part in ensuring a bright future at Fir Park.

A statement read: "The Well Society board is finalising plans for an imminent new campaign to raise money as we strive to reach the target set by the club.

"A steering group has been formed to look into various ways of supplementing membership income as we seek to hit the £800,000 mark by the end of November.

"This is being operated by board members Robert Montgomery, Brian McCafferty and Tom Feeley, who are liaising closely with Motherwell Football Club.

"The group is working on fresh ways of raising money such as soft loans and donations from Motherwell-minded business people and others who support the idea of community ownership.

"Graham Barnstaple has temporarily stepped back from his role as chairman because of work and family commitments.

"Graham will still be involved in the society and remains committed to its goals but is unable devote the time necessary to lead efforts at the moment. Brian McCafferty will act as chairman for the time being.

"Other board members and volunteers are continuing to work on recruitment, fund-raising events, communications/publicity and membership participation."