Fal­cons get new back­ing

Joondalup Weekender - - News - Justin Bian­chini

CRED­I­TORS of West Perth Foot­ball Club have ac­cepted four cents in the dol­lar owed to them.

They voted unan­i­mously at the Joon­dalup club on Tues­day for the pay­ment fig­ure and to sup­port the deed of com­pany ar­range­ment put for­ward by the WA Foot­ball Com­mis­sion.

Ad­min­is­tra­tor Kor­daMen­tha con­sid­ered the four-cent pro­posal the best op­tion for the club, which went into vol­un­tary ad­min­is­tra­tion in July with debt of nearly $800,000.

Chief ex­ec­u­tive Linda Hamer­s­ley, ap­pointed at the start of the sea­son, said when the deed was ex­e­cuted, the ad­min­is­tra­tion pe­riod would cease.

The club could be op­er­at­ing un­der ad­min­is­tra­tion for up to an­other three weeks, but the ad­min­is­tra­tor wanted the deed ex­e­cuted within a week.

“The unan­i­mous vote was a show of sup­port for the ad­min­is­tra­tor’s rec­om­men­da­tion that the club be al­lowed to con­tinue to trade go­ing for­ward,” she said.

“Our members and sup­port­ers have ral­lied over the last six weeks to en­sure we raised enough funds to op­er­ate.”

The deed also al­lows the WAFC to ap­point an in­terim board. The board could be ap­pointed within a week.

Hamer­s­ley, the for­mer boss of Hockey WA, said guid­ing the club through a tough pe­riod had been a learn­ing experience.

“To get to the sit­u­a­tion of having to go into ad­min­is­tra­tion means the or­gan­i­sa­tion is fi­nan­cially very vul­ner­a­ble to liq­ui­da­tion,” she said. “The un­cer­tainty of that for staff and cred­i­tors is un­set­tling.”

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