Worksop Town’s majority shareholder Jason Clark has hinted at future involvement at the club, and says he will keep his shares to ensure the club does not go under.
Clark stopped funding the club in May, having ploughed in £500,000 since 2010.
And although the club is being financied by the Supporters Trust and looking to move to a mass-ownership model, Clark not written off the £500k debt or given up his shares.
He told the Guardian: “The debt is pretty much irrecoverable. I keep it in case it ever should prove useful for taxation purposes.”
On his decision to retain his 84 per cent of the shares, he said: “I’ll be keeping them, as I can ensure that the club will never fail.”
“The operators of the business do not have to be the owners, but the club should be fan operated.”
Clark insisted that he was no longer involved in the day to day running of the club, but did hint at the possibility of a return in the future.
“If the club ever needs anything they can ask me for it, other than that, I have very little involvement,” he said.
“I’d like to have enough information available to ensure the club never lives beyond its means, that’s all.”
“Right now I’m focussed on other things. You never know what the future might hold.”
And he challenged the council, who have stumped up £15,000 of funding for Tigers, to provide a solution for a long term home for the club.
“What are they doing about providing a ground? What’s the fallback position if Vesuvius doesn’t happen?”