The shareholders of Chesterfield FC have cleared the way for major new investment in the football club at an Extraordinary General Meeting held Monday 30 March 2009.
They have voted overwhelmingly to empower the directors to issue the remaining unissued shares in the Club to a new investor waiting in the wings to inject over £4 million into the League Two club, the biggest single investment ever made in the history of the Club.
The crucial new investment will be utilised as part of the overall funding for the Spireites new £13 million football stadium at Whittington Moor, Chesterfield, which is planned to be built in time for the start of the 2010-11 season.
Although the Spireites new investor was not named on this occasion it is expected that they could be revealed next month.
The Spireites took ownership of 10 acres of land on the old Sheffield Road last month and currently the former site owners Wilson Bowden are finishing off the ground works needed to get access to the site before building of the new stadium can commence.
