Terras To Go Full Time
The debts have been written off, and it has been announced that Weymouth FC will become a full time club from next season.
In a move that is extremely rare to say the least, the majority shareholders of the club have announced that they have written off loans totalling around £75,000. George Rolls, whose wife Amanda holds the controlling stake in the club, made the astonishing announcement at the recent AGM. George Rolls will become the club’s chairman, with Amanda stepping aside while remaining a director.
The news of the debt write off is sure to be well received by the clubs fans, as it now means that the club only owe a “negligible” sum of money to the Rolls family, which was loaned to them this season to deal with cash flow problems. However, the news that the club will be full time may not be received quite as well. Back in 2005, the club, then under the stewardship of Ian Harrison, and with Garry Hill as manager, opted to go full time. They gained promotion to the Conference Premier, but had a huge wage bill that had to be funded by massive loans from Harrison. The decision to become a full time outfit almost drove the club into extinction, but they just survived, and are now looking forward to a brighter future.
Rolls has said that he envisages being at the club for a long time, as it feels like a second home, and so maybe this time it will work out for the club. You can certainly understand the fans’ unease with the decision though. Considering the side are two divisions below the Conference Premier, in the Southern League Premier Division, it is a massive gamble. Let’s hope it works out better this time around.
The original story, along with quotes from George Rolls, can be found on the Dorest Echo website, by clicking here.