Edinburgh Monarchs have been rocked by the news that Parsons Peebles will not be continuing their sponsorship.
Alex Harkess, the club chairman, said they had been assured throughout the winter that a decision was imminent.
And he got the impression that everything was positive.
He added: “It’s a bolt out of the blue to get a negative answer. It’s taken the wind out of me to be honest.
“We’ve based much of our planning for 2018 on the basis that the sponsorship would be available, including our negotiations with our seventh rider, so we’ll have to look very carefully at our budget.
“Of course, most of our planning for the new season is in place so we’ll be looking at ways of making up the shortfall not least, at this very late stage, in setting out to find a new main sponsor.
“I’d be pleased to hear from anyone who would like to discuss sponsoring us.”
Anyone who would like to discuss the possibilities of team or any other sponsorship can contact the Club by email at info@edinburghmonarchs.co.uk or telephone 01501 734 404.
Meanwhile, the club hold their second video night of the winter on Friday at the Thomas Morton Hall in Ferry Road.
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