York City chairman Jason McGill has hit out at the Supporters Trust for their statement expressing concerns at the club’s rising expenditure levels.

Total losses of £3.638million had been incurred and covered by McGill up to June 30, 2016 in a ten-year period since the Malton-based businessman assumed ownership from the Trust.

City’s Trust, meanwhile, retain a 25 per cent shareholding in the club, but McGill has described the body’s financial assistance as “negligible” during that timescale.

He said: “The comments from the Trust certainly do not help when players, backroom staff, and supporters are now genuinely embracing the future with renewed optimism. The Trust’s financial contribution to the running of the club has been negligible for around a decade.

“As chairman and majority stakeholder, I have maintained the club’s full-time status and we have the infrastructure of a Football League club. This was a huge factor in persuading Martin Gray and Dave Penney to join the club this week.

“People sometimes forget that I am also a passionate York City supporter who has the best interests of the club at heart and I aim to get this club back into the Football League as soon as possible. Although I am now spending more time on my other business, JM Packaging, most supporters understand that this is absolutely crucial as it helps to fund the running of the football club.

Read more at: http://www.yorkpress.co.uk

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