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Notts County Supporters’ Trust majority shareholding completed
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Nigel King
"Trust Vice-Chair"
Prolific Goalscorer
Location: Nottingham
Registered:: Wed 22 January 2003
Posts: 466
Posted
Fri 26 January 2007 08:09
Notts County Supporters’ Trust has today announced the completion of the final legal stages of gaining a majority shareholding in Notts County Football Club. This follows the acquisition of the shares of Haydn Green, and makes the Trust – and ultimately Notts County supporters - the proud owners of 60% of the shares within the Club.
“This is an historic and proud moment for Magpies’ supporters who, less than three years ago, were fearful of having a Club to support at all,”
comments Trust Chair Keri Usherwood.
He continues: “That the Club have come so far in such a short time is testament to the determination and passion of this very special set of supporters. They have willingly contributed their time, effort and money to ensure that Notts County did not die and continues with its loyal fans at its very heart.
“The acquisition brings with it many new challenges. We need face this with the same determination, fight and ambition supporters have shown over the last few years,” Keri adds.
The majority shareholding allows the Trust and its members to provide strategic influence over the affairs of the Club as well as protecting the Club from the excesses of the past and pursuing transparency in the way the Club is run.
On a day-to-day basis, the Club’s Board of Directors, which includes elected Trust Supporter-Director Eric Kerry, will run the Club, led by Chairman Jeff Moore.
As majority shareholders, the Trust will be working with the Club Directors to continue the work to rebuild the Club following the disastrous period in Administration. Central to this aim will be the creation of an ambitious, thriving, united and successful Club, but importantly, also a sustainable Club which lives within its means.
“What’s vital to this aim is to maximise our income streams “off the pitch”, for example, through such areas as commercial activities and continued growth in the use of the Club’s impressive range of facilities”, comments Keri. The Trust is also keen to explore investment opportunities for the Club and they will be working with the Club Board to look at potential sources of income including those than may arise from the enviable position of having a Club in Trust ownership.
Other strategic priorities will be working with the local community to build on the bedrock of the Club’s fan base and strong and effective communication with supporters.
Phil Marshall
"Steeeeeeeempeeeeeeeeeee"
Prolific Goalscorer
Location: Nottingham
Registered:: Fri 17 January 2003
Posts: 380
Posted
Fri 26 January 2007 10:21
Well done to all involved
----------------------
"Man is a credulous animal, and must believe something; in the absence of good grounds for belief, he will be satisfied with bad ones. "
Bertrand Russell
Ignored post by
Phil Marshall
posted
Fri 26 January 2007 10:21
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GiarcYekrub
Prolific Goalscorer
Registered:: Wed 07 January 2004
Posts: 159
Posted
Sun 03 June 2007 16:40
Can I first offer my condolences to the family and friends of Haydn Green. I am sorry to hear of his passing.
However, I am concerned with the status of the loan that the Supporters Trust had with Mr Green in order to purchase his shares. Any infomation would be appreciated and I accept that it's a sad time for all involved.
This message has been edited. Last edited by:
GiarcYekrub
,
Thu 07 June 2007 12:04
Ignored post by
GiarcYekrub
posted
Sun 03 June 2007 16:40
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Keri Usherwood
"Trust Publicity"
Old Pro
Registered:: Thu 19 June 2003
Posts: 120
Posted
Wed 06 June 2007 22:40
Hi Craig
At this stage we don't forsee particular problems. However, out of respect to Haydn, it's not really something we're keen to get into a public debate about at the moment.
I'm sure you'll understand.
Keri
Ignored post by
Keri Usherwood
posted
Wed 06 June 2007 22:40
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