It has been a very difficult week to be an Accrington Stanley fan, the news of staff redundancies and cuts in wages for all the non-playing workforce at Stanley has been a body blow for all concerned.

I think even the most rose tinted of fans had seen some cuts coming but the scale has perhaps taken many by surprise.

From our chief executive Rob Heys down, it appears they have all been asked to take a 40 per cent pay cut.

Now that is a figure told to me second hand, but already we have lost some of the long serving staff from Stanley.

We cannot carry on losing money each month that is a simple fact, so how can we continue as a Football League club on dwindling crowds and resources.

Ilyas Khan has stated he will bankroll the club until it can become self sufficient and the new share issue announced this week will go some way towards that aim.

While the cash from the shares will be of great use to the club the greater investment will be the time and ideas available from the new share holders.

The price at £100 per share is less than two months Sky subscription for many and as the offer is over a number of months the chance for people with limited income to invest is greatly improved.

The only way we can survive is for those new share holders to give more than their cash, we need to spread the word throughout the town about the great things that happen at our club and become a true community-based team.

As for the matters on the pitch two defeats against two teams with considerably greater resources than us merely serves to underline my point.