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TOWN PRESS CONFERENCE: Power addresses local media
Updated 3:46pm Friday 6th December 2013 in Sport
This live event has finished
- New Town chief Lee Power addresses local press
- Swinton Reds 20 Ltd assumed control on Tuesday
- Company took over from Jed McCrory's Seebeck 87 Ltd
- Reporting by NED PAYNE
The press conference has concluded.
That's it for our brief coverage this morning, see tomorrow's Adver for the meat and gravy of Power's comments. A full double-page spread for your enjoyment.
'I will call in every favour I can," says Power.
Power keen on further wage reductions, having already reduced the wage bill by £2million.
"There are areas of the team that Mark (Cooper) would like to strengthen and we'll see what business we can do in January."
Power confirms he is the sole investor.
"We don't need any more investment, we've demonstrated to the Football League that there's enough money to see us through to the end of the season."
"We will put a general manager in for the day to day running of the football club. Sangita Shah will stay on as a director."
Power has lived in Geneva, Switzerland for five years but is also based in Oxfordshire, where he is allowed to be for 90 days a year.
"First and foremost there needs to be a bit of stability. I'm not looking to come in, flip it and sell it as others have done."
Reiterates that he sees club going up to the Championship long-term.
Power: "Football has been in my blood since I was a kid and all I've known is football. It's a jungle but I think I know my way round it."
Lee Power has arrived.
No sign of Mr Power as yet. Several members of the media here all waiting patiently.
Good morning and welcome to the County Ground where Lee Power is due to address the media at 10am.
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