The outgoing chief addressed fan concerns and admitted the Fir Park club are looking for new investment to provide long-term security alongside majority shareholders, the Well Society.
A new CEO is expected to be on board by March with the interim one and chairman Jim McMahon departing. However, Weir is adamant the Steelmen are in solid shape.
Weir said: "Is the club in financial difficulty? Absolutely not.
"We have cash in the bank. Other than the long-term government Covid loan, that is the only debt the club have. Everything else is paid and up to date.
"We are getting through the cash we have but if you look at any business, they have the ability to put money in.
This story is from the January 09, 2024 edition of Daily Record.
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This story is from the January 09, 2024 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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