The following is a club statement from the Chairman:

Hamilton Academical FC have been the target of an elaborate fraud resulting in the loss of a substantial sum of monies.

The Police Service Scotland and our Bank are working closely with the club conducting a criminal investigation to pursue those individuals responsible.

At this point it is imperative that we remain calm and work together as we go through one of the most difficult situations we have faced as a club.

In the interim, the Directors intend to inject funds to meet the club’s ongoing obligations until the investigation is complete to ensure continuity.

It is our intention to host a media briefing to go into more detail when the initial legal and banking investigations reveal the facts. This will allow us to give full disclosure of the event.

No further comment will be made at this time as the Police investigation continues.

Les Gray

Chairman