In an interview with Le Nouvelliste, Echenard admits that he does no longer believe in a deal with the Slovak investors. At the same time, he claims that the club will still be in touch with a local investor. This potential buyer, however, would not only need to buy the shares of Echenard and Nazheshkin (~CHF 300,000.-) but also have to pay the debts of around CHF 1.5 million, which the club accumulated over the course of the past season.
"It's true that no salary has been paid out since February. And it is indeed our group of four companies - with EcoBois Recyclage SA as leader - that owes the club this missing money," Echénard explains. "I am willing to pay these amounts and would not hesitate to use personal assets to meet my commitments."
There will be a deadline in early July when the League is going to decide whether or not Red Ice will receive the license for the 2017-18 season. By then at the latest, the club has to provide evidence about those outstanding payments. "Together with our shareholders, we have decided that this money will be released in tranches once the club's sustainability is assured," Echenard says.
As Le Nouvelliste reports a little later, Red Ice's leadership will have a hearing with a local judge on June 8. Based on their own information, however, subject of the said hearing might not be applying for bankruptcy. Furthermore, the League has scheduled an extraordinary meeting for Monday next week to address and discuss the club's financial troubles and its future.
Last Update: 02 June 2017, 07:57 PM | rlu
