MERTHYR BOARD NEW STATEMENT

[Tim Drummond]

The doors of the Club have now been closed for almost two months and the scale of the economic challenges that we face are becoming enormous.

If we don’t handle our Financial Profiling model realistically for what now appears to be a more long term lockdown, then our survival will become harder to manage in the months ahead. This provides us with an opportunity to reflect on our forecasts based on what we know today, and not what we perhaps thought a month ago. Everyone can focus on ‘operation survival’ and the facts are that we have very little income coming into our Club.

Further thanks must go out to our supporters who continue to organise and run essential fund raising events on a weekly basis. We can assure everyone that this help is proving invaluable to the future stability of the Club, we would urge anyone who has our best interests at heart to continue to support these events as they are providing stronger foundations for our resurgence when we eventually leave lockdown.