A statement by SAMM INC’s Chief Executive Peter Fulford this week put FC Torrevieja’s future under speculation. Fulford apologized for the delay in giving news about the deal, saying, “There have been some very good reasons behind this silence which is sadly as a direct result of our failure to receive promised documentation and vital information which we need to present to our investors.
Following the recent circulation of rumours Fulford went on to say, “Let me make it abundantly clear in plain language that funding is NOT an issue for SAMM INC. We have an overall pot of 20 Million Euros available for development, and we have independent verification of this from a Spanish solicitor. We have been greatly disturbed about false statements about our financial background made by individuals who have absolutely no knowledge of our circumstances and clearly are ‘mischiefmaking’.”
The Chief Executive of SAMM INC also hinted at a possible breakdown of the deal, citing rumour mongering and malice on the part of certain Torry Army website users.
“Some of these postings,” he explained, “which in effect accuse SAMM INC of behaving in an improper way (and that is a moderate way of calling it), have led the investors to consider whether it is worth their time and their resources investing substantial funds in the club. Why should they devote their energies to something if they are not wanted and being rubbished for their efforts? They have plenty of other projects they could turn to, and in their extensive careers, they have never come across anything at all like this.”