Days later long-term backers James and Sir Seton Wills made a statement—signed by James Wills only—indicating that they would cut all ties with the club if they are not respected. The James Wills statement openly criticised Chief Executive Mark Devlin, revealing that the club had overspent by the tune of £750,000 for this year. Devlin strongly denied this claim stating that all significant player expenditure had been sanctioned by Sir Seton Wills and Bill Power. Wills insisted that Bill Power's departure from the club was purely because of health reasons and that Power's £1million investment was in the form of shares but that the former investor considered it a loan and wanted it back.