Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Stockport Chairman explains club takeover situation

Mon 19th Sep 2011 | Clubs Ownership

Stockport County FC have issued an official statement with regards to the proposed takeover of the Edgeley Park outfit.

The Hatters' chairman, Lord Peter Snape, has moved to clarify the current situation at the club in relation to a proposed takeover of the club by a consortium lead by Liverpool-based businessman Tony Evans.

The statement read: Like the other Directors and shareholders I share the disappointment felt by many of our supporters about our inability to complete an agreement regarding the future involvement of the SIML group in this football club and its parent company.

After a half time discussion last Saturday between Tony Evans and myself it was apparent that if Sunday's shareholders meeting had gone ahead as scheduled, Tony's proposals as they stood would have been rejected. Personally I like Tony Evans and I hope I can state in these notes without causing offence that proper negotiation , respecting the position and confidentiality of the other party is essential in these matters rather than a constant and partisan commentary via either twitter or the internet.

If Tony Evans has now decided to end negotiations between us then it is a matter of regret but the Board remains ready to listen to sensible proposals from him or any other would be investor.

So far as other consortia are concerned, the facts are as follows. Despite rumours to the contrary NO talks have taken place for some months between ourselves and the Conduit group. I understand that they were at the Town Hall last Friday when a representative of the shareholders was present as an observer. The Leader of the Council has been extremely supportive of Stockport County and we are confident that our interests will be protected in any future arrangements should they be made between those two parties. A further approach from a group who were involved in a previously unsuccessful attempt to take over the club has been rejected. Furthermore Stockport County will never be a 'feeder club' for anyone else.

Lord Peter Snape

Chairman

http://www.buttonshut.com http://www.buttonshut.com http://www.buttonshut.com

---------------------------------------------------------------------------------------------------

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...

Leyton Orient purchased by business consortium headed by Nigel Travis, a life-long fan of the club

Fri 23rd Jun 2017 | Clubs Ownership

Leyton Orient Football Club has announced that it has been purchased by a business consortium Eagle Investments 2017 Limited, headed by British-born Nigel Travis, 67, the Chairman and CEO of Dunkin'...

Massimo Cellino Leaves Leeds After Takeover

Wed 24th May 2017 | Clubs Ownership

Andrea Radrizzani has completed his takeover of Leeds United after purchasing Massimo Cellino’s 50% stake in the club. Radrizzani, who purchased 50% of the club in January, has acquired the...

EFL Approve Chinese Investment At Reading

Wed 17th May 2017 | Clubs Ownership

EFL approval granted as Chinese investors Dai Yongge and Dai Xiu Li take majority shareholding of club. Reading Football Club has confirmed Chinese brother and sister, Dai Yongge and Dai Xiu Li, have...