The Ayrshire Business Group, headed by Killie Pie maker and MD of Browning's the Bakers, John Gall, met to recieve an update on the situation with Kilmarnock football Club. One group member advised that Michael Johnston, current chairman of Kilmarnock Football Club, has formally intimated that a seven figure sum for his shareholding, in addition to the settlement of former owner Jamie Moffat's loan, is required for him to hand over control of the club.

The group are collectively astonished by Mr Johnston's valuation and shocked by his blatant profiteering. They have unanimously agreed that any such investment would be better utilised directly in the club. The group reiterated their strong belief that Mr Johnston should only be entitled to the �1 he paid for the shares in 2005, and they reject the exorbitant price stated by Mr Johnston.

The group regard this current set-back as hugely disappointing for the fans, however, the group remains 100 per cent committed in taking over the cash strapped club and building on the current momentum for regime change.

The group members are more determined than ever and will continue to meet with other like-minded businesses and fans who share the same belief that change is crucial to the long term sustainability of the Kilmarnock Football Club.

Kilmarnock supporters clubs as well as The Killie Trust and The Young Killie Supporters Group have written to us to confirm they back our proposals to take over the running of the club from Mr Johnston, this is despite the Chairman insisting it is only a small minority of fans and businesses who support us in our efforts for change.

Ayrshire Business Group