ACCRINGTON-BORN businessman Ilyas Khan is prepared to put £250,000 into Accrington Stanley.
The Hong Kong merchant banker said he was "sickened" by the revelation that the Reds face a winding up order as they owe HM Customs and Revenue around £300,000. Their case will be heard by the High Court on June 10.
Khan owes 15 per cent shares of the club and is keen to invest without any responsibility.
"I felt sickened when I read about the debt. I know the Inland Revenue do not take people to court unless the situation is acute and my biggest worry is that the club may owe £300,000 to the Inland Revenue - but who else do they owe the money to?
"It is disgraceful that the club is in this situation. But I think there is a simple solution - and that is to issue new shares and the money which comes in from there pay off the debts and then lets start again.
"There are others like me who would step up and I think the board should issue instructions about a share issue and keep it open for two weeks for people to come and buy shares - whether its one or more.
"I will put up the first £250,000 and I do not want a place on the board or the chairmanship - I just want the club to survive."
If the club do this he then wants to get people like cricket commentator David Lloyd on board, an Accrington Stanley fan who is keen to help the club.
"I would welcome David as a figurehead - he is a man of integrity."