Filling his place is ex-Vice Chairman and popular Shots figure, John McGinty.
Speaking to the clubs official website, www.theshots.co.uk the new Chairman said, "The financial state of the club required assistance and I happily stepped in, unfortunately it was not enough so I have had the choice of helping the club again with more investment. This I did willingly but I felt that if I invested then I needed to control the expenditure in the club - thus the present announcement."
For the full statement, please click on the above link.