"There are a lot of reports out there that the club is experiencing financial difficulties. Unfortunately, those reports are true," said Boston-based businessman Ainscough in a statement this evening.
"I was hoping to secure investment in August but, for various reasons, that did not come through. I am working hard to keep it going but my immediate concern now is that the club can carry on for the remainder of the season."
"I am actively seeking investment and I am exploring all possibilities about the ownership of the club to ensure that happens."
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