Daily Record

JIM: THE THREAT TO WELL IS REAL

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MOTHERWELL chairman Jim McMahon admits the coronaviru­s pandemic poses a real threat to his club.

While the Fir Park outfit are in a strong position to withstand the turmoil, McMahon says the problem is that there is no clear path out of the chaos it causes.

McMahon said: “What we need most now is clarity from the football authoritie­s. With some certainty about how this and next season will look, we can plan and take the necessary actions.

“The combined effects of the COVID-19 outbreak and the economic

LIVINGSTON coffers will be boosted by more than £6000 per month after hundreds backed a fundraisin­g appeal in return for shares in the club.

Chief executive John Ward said: “The response to the operating fund has really been excellent.” disruption is an unpredicta­ble event with potentiall­y severe consequenc­es. It hasn’t happened before.

“There is no map which shows the way out.

“We go into this in a relatively strong position. For our club to thrive, it needs all the parts to work harmonious­ly.

“That said, the threat to the club is real and we have no handrails to guide us safely through. But we do have each other and the community we are from.”

McMahon insists cash is not a massive concern for now.

He said: “We are not in an immediate liquidity crisis. We have managed our resources diligently.

“But this is not a shortterm problem and we are looking at all possible funding packages to build up our cash reserves.”

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