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+----- Thread: Take Over (/showthread.php?tid=9127)
Take Over - Dancingwilldoit - 30-12-2019
Seems the CFC Trust have taken over the running of the club with a probable purchase complete by Feb 2020.
Not the news I was hoping for but its a start. Now Dave Allen and Ashley Carson are hopefully gone lets hope that a certain cretin by the name of John Sheridan follows them in the New Year so I can go back to supporting my club.
For the record, Williamson has also departed.
RE: Take Over - Amelia Chaffinch - 30-12-2019
Good luck
RE: Take Over - spireitematt - 30-12-2019
The question is how will the trust fund the £200k a month hole?
Are the trust buying the club to then sell on to a another buyer or consortium?
RE: Take Over - SaltergateBorn - 31-12-2019
Could well be, Matt; could well be.
RE: Take Over - Dancingwilldoit - 31-12-2019
Shortfall is between £1k and £1.5k per month according to information I was given. An increase in crowd of 1k would more than take care of that.
I cant see Dave Allen selling to the trust without some kind of caveat that if its sold on he gets a percentage of profit.
I wish them well but until Sheridan goes they will have their hands tied behind their backs.
http://www.spireitestrust.org.uk/statement-re-trusts-aims-2/
RE: Take Over - SaltergateBorn - 02-01-2020
Looks like you got your wish, Dancing.
RE: Take Over - Dancingwilldoit - 02-01-2020
One happy man SGB