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Club News

Club Statement

22 February 2017

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Director & company secretary Ashley Carson has reiterated that owner Dave Allen is willing to sell his majority shareholding in the club, issuing the following statement:

“Anyone who is interested in making a serious bid for the majority shareholding should submit the offer in writing through legal representatives acting on their behalf.

“There is also a requirement for proof of funds for a minimum of £10m, to be lodged with Shorts Accountants, before any negotiations can take place.

“There has been no offer received so far which has met those requirements. A speculative offer from overseas was received in January, but there was no structure to the deal and no proposal to purchase the 83% shareholding, so for those reasons alone, the offer was rejected. 

“I have spoken to Dave Allen about the situation and he maintains that he will not sell his shareholding to anyone unless the offer meets his valuation and is in the best interests of the football club.

“I speak to Dave on a daily basis and keep him informed of any developments. If there is anyone who is serious about making an offer for the majority shareholding, I would be delighted to speak to them. I firmly believe that a deal can be done in the region of £10m."

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