Friday, December 08, 2006

New Investor(s) At City

We were all at the AGM yesterday and noted with great interest that the club were “currently in talks with an investor that may lead to potential investment”. It is unclear if this will lead to additional investment or a takeover or something else but nevertheless we were encouraged by the announcement.

We wish to confirm that we welcome new investment into the club especially if the new investor(s) have a long term plan that fully involves the supporters.

We remain fully committed to playing a positive part in the future of our great club irrespective of whether the club is able to attract the required investment from appropriate investors or not. We want to reaffirm that we want to work with the current and/ or future board/ new investors in this respect.

The formation of the trust will still take place and we expect to confirm the venue and date of our public Open Meeting shortly.


At 10:44 pm, Anonymous Anonymous said...

Call me a cynic, but is it possible that these 'takeover talks' are just a ruse to avoid awkward questions at the AGM & to justify not spending any money in January?
Nick (Congleton)


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