Verry chairman admits administration to football fans

Verry Construction chairman John Gibson has admitted the company is on the brink of administration.

Gibson made the statement on the St Albans City Football Club website where he is also the chairman.

Verry Construction bosses have been tight-lipped about the future of the company and are still officially responding to all media enquiries with a "no comment".

But Gibson said on the football website: "As many fans may be aware Verry Construction are about to go into administration. 

"This should not affect the Football Club which is owned by the Holding Company, William Verry Holding Limited.  The two companies are not linked as far as the Football Club is concerned. 

"In relation to the Football Club, William Verry Holdings Limited are looking forward to continuing into next Season."