Castleford Tigers chief executive Steve Ferres steps down from position
Last Updated: 19/02/13 5:47pm
Steve Ferres: Castleford supporter had been in the job since July
Steve Ferres has resigned his position as chief executive of Super League club Castleford with immediate effect.
Former Wakefield CEO Ferres was appointed in July and has since launched a successful membership scheme and overseen a 25 per cent rise in season ticket sales.
But, in an apparent parting shot at the board, the Tigers supporter said a failure to secure new investment was behind his decision to step down.
"Since the board is not in a position to support the multitude of changes that I believe must take place now in order for Castleford to continue to compete at Super League level, I feel I have no option other than to offer my resignation."
He said in a statement: "As CEO I believe I have a moral obligation to everyone associated to the Tigers from its staff to the players and right through to its loyal fans.
"Since the board is not in a position to support the multitude of changes that I believe must take place now in order for Castleford to continue to compete at Super League level, I feel I have no option other than to offer my resignation.
"I am an extremely proud man and a proud Castleford man at that so please rest assured that this decision was not made lightly.
"The club requires significant investment in order to continue and I truly hope the board can secure the necessary financial support in the coming months.
"I have informed the board that I am willing to offer my support in an advisory capacity should it be required."
Castleford Tigers chairman Jack Fulton issued the following statement: "I would like to thank Steve for his efforts during his time at the club and wish him well for the future.
"For over 20 years I have supported this club financially to a substantial amount with the aim of keeping it going as a Super League club ready for the day when it can support itself.
"While disappointed by Steve's resignation, this position remains unchanged. We look to the future and a real opportunity now exists for somebody new to come into the chief executive's role and drive the club forward."