Bristol City Holdings has today (June 18th) announced a business restructuring programme aimed at improving the overall financial performance of Ashton Gate Ltd.
Employees of the company have been informed that a consultation on the future staffing needs will now be taking place and that this will involve some posts across the business becoming redundant.
It is the wish of everyone at Ashton Gate Ltd to make this process as straightforward as possible. As such the company is inviting applications for any voluntary redundancies in the first instance. It is anticipated that following this stage, further posts will be under review.
The restructuring is part of the group's ongoing commitment to the future of Bristol City Football Club, its shareholders and fans. As part of this responsibility, the group will also work towards aligning the finances to the incoming Football League's Financial Fair Play framework.
Very worrying...
http://www.bcfc.co.uk/page/NewsDetail/0,,10327~2815456,00.html
Employees of the company have been informed that a consultation on the future staffing needs will now be taking place and that this will involve some posts across the business becoming redundant.
It is the wish of everyone at Ashton Gate Ltd to make this process as straightforward as possible. As such the company is inviting applications for any voluntary redundancies in the first instance. It is anticipated that following this stage, further posts will be under review.
The restructuring is part of the group's ongoing commitment to the future of Bristol City Football Club, its shareholders and fans. As part of this responsibility, the group will also work towards aligning the finances to the incoming Football League's Financial Fair Play framework.
Very worrying...
http://www.bcfc.co.uk/page/NewsDetail/0,,10327~2815456,00.html