AFC Telford make a call for investment
AFC Telford United today made a public call for investment and urged interested parties to make themselves known by the end of the month.
The club has been fan-owned since it's formation in 2004 and has just dropped back into the Conference North, after a season in the Premier.
The Supporters Trust promised in November that it would consider the ownership model and "look into alternatives" by the end of May.
After pondering all of the options, the Bucks want to retain their controlling share but are also actively seeking investors to come on board.
A statement read: "During the Trust's annual general meeting in November, the incoming board made a pledge.
"It promised to consider the ownership model for the football club and look into alternatives, assuming there are alternatives, by the end of May.
"The Trust board and club board, unanimously, agree that the controlling share of ownership for the football club should remain within the Trust.
"However, we also recognise that not all fans agree with this model and approach.
"Over the past few months, since the election of the current Trust board, behind the scenes we have looked to improve processes and interactions with fans and trust members.
"This is very much a work in progress and much of this work has remained unseen.
"However, over the coming weeks and months there will be more opportunity than ever before to become involved in decision making, for the club and Trust.
"We accept, that at the outset, when the club and trust were first formed, things were very much done with the 'now' in mind rather than perhaps looking at the future.
"The ownership model is integral in our makeup and structure for the future.
"We would like to welcome any interested parties who would look to invest into the club to come forward, and now give 30 days notice for them to declare any such interest.
"Similarly, for any fans-trust members who feel they could offer assistance in looking at alternatives to the current model, we would welcome input from you.
"Any suggestion will be given due consideration and any interested parties will be contacted during this time-frame.
"The Trust board will then report back to its members and the fan-base following the 30 day consultation period and will then look to finalise and formalise the respective boards' structures."
Interested parties and suggestions are urged to contact Steve Bowyer at the Trust on e-mail by June 30.
