At this evening’s Annual General Meeting (AGM), owner John Boyle issued the following statement.
It is 13 years since I acquired Motherwell FC, my hometown club. There have been famous times and difficult times, but this club has remained a special part of my life as a supporter as well as its owner.
During those 13 years, I have supported the many loss-making years and ensured Motherwell’s survival in some tricky, parlous times. I have seen that as my duty because I have been conscious of two things in the years since I acquired the club in 1998:
- That I am merely a custodian of a club that this year is 125 years old. This club was here long before I was born and it must be here long after I have gone; and
- Motherwell is a community club and, whatever the business documents and share certificates say, the club really belongs to the community and its fans. It always has and always will.
I have decided to stand down as Chairman before the start of next season. I will pass on control of the club to current directors who are working with me now on an ambitious new plan to allow wider ownership and involvement in the club for all who care about it.
Since the new directors Jim McMahon, Derek Weir, Leeann Dempster and Andrew Wilson have been appointed over the last year or so, working with John Swinburne and Bill Dickie, it has been their intention to make the club less dependent on myself and I fully encourage these efforts.
To this end, I will not ask for any payment to me or to my family for our shares in the club. It is time for us to hand over the baton. We have enjoyed our years as part of Motherwell’s distinguished history. Now, we look forward to following the club’s progress with new owners, new ideas and, hopefully, new success as it celebrates its 125th anniversary and moves into the future.”
Derek Weir, Motherwell Vice Chairman commented, ‘It has always been the Board’s intention that the club should not remain dependent solely on John Boyle’s goodwill and that the club should have a wider ownership and stronger financial basis.
“John’s generosity in requiring no payment for his shares will enable us to realise these objectives and the Board will be issuing full details of this transition in the next few weeks.
“No Motherwell supporter has ever been in any doubt about the passion and support John has brought to our club. During his ownership he has spent a total of £10 million supporting the club, and made frequent injections of cash from his personal funds.
“We are very lucky to have had a person of his integrity, intellect and talent at the helm of our club for so long. He will be missed but we will make sure, when the baton is passed, it is to a club that has strong, sustainable foundations.”
If anyone is interesting in working alongside the club in its exciting new plans, then please contact Leeann Dempster on 01698 333333 or email leeann.dempster@motherwellfc.co.uk.