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Future of the Club Close to being Secured

9 December 2016

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The future of Chesterfield FC is close to being secured following the conclusion of negotiations with four former directors who resigned from the board last month.

A deal has been agreed in principle over the debentures held by the quartet and it is expected to be finalised soon, subject to the legal documentation being completed. A joint statement will be issued upon completion of the agreement.

Ashley Carson, director & company secretary, has played a key role in brokering the agreement. He said: “I am delighted that we have been able to bring talks to a satisfactory conclusion.

“I can also confirm that following discussions with majority shareholder Dave Allen, he has agreed to make funds available to the club in order that the business may proceed in a normal fashion until such time that a suitable investor can be found. 

"Without his backing, there was a very real possibility of the club going into administration, which would have been disastrous. The club will only be sold to someone who will satisfy not only Mr Allen’s requirements, but also the long-term best interests of the club."

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