Mad Eyed Screamer
Moderator
50K including the social club seems a good deal. Good luck to them
<a class="postlink" href="http://www.hydefc.co.uk/news/supporters-to-buy-hyde-fc-1422591.html" onclick="window.open(this.href);return false;">http://www.hydefc.co.uk/news/supporters ... 22591.html</a>
We are delighted to announce that Hyde FC supporters are proceeding with the purchase of the Club from owner John Manship
The Club will be incorporated into a Community Trust run by management team, and supervised by a Board of Trustees, both elected by the membership.
The Trust has agreed to pay £50,000 for the Club including the Social Club, and John Manship has agreed to write off the loan he has provided to the Club over the past four years which is now approaching £500,000.
“The supporters have always been amazing at Hyde” says John. “and I really want to give them the chance to do their own thing. I have every confidence in them.”
The Trust is now in the process of being formed.
HELP US RAISE FUNDS
We need to raise the £50,000 as soon as we can to allow us to make decisions for next season so we are in the process of immediate fundraising. Any supporters willing to make pledges of money should contact Allan Kenyon - kenyonallan@hotmail.com
Account Name: Hyde FC Community Programme
Sort Code: 01-04-57
Account Number: 33259747
<a class="postlink" href="http://www.hydefc.co.uk/news/supporters-to-buy-hyde-fc-1422591.html" onclick="window.open(this.href);return false;">http://www.hydefc.co.uk/news/supporters ... 22591.html</a>
We are delighted to announce that Hyde FC supporters are proceeding with the purchase of the Club from owner John Manship
The Club will be incorporated into a Community Trust run by management team, and supervised by a Board of Trustees, both elected by the membership.
The Trust has agreed to pay £50,000 for the Club including the Social Club, and John Manship has agreed to write off the loan he has provided to the Club over the past four years which is now approaching £500,000.
“The supporters have always been amazing at Hyde” says John. “and I really want to give them the chance to do their own thing. I have every confidence in them.”
The Trust is now in the process of being formed.
HELP US RAISE FUNDS
We need to raise the £50,000 as soon as we can to allow us to make decisions for next season so we are in the process of immediate fundraising. Any supporters willing to make pledges of money should contact Allan Kenyon - kenyonallan@hotmail.com
Account Name: Hyde FC Community Programme
Sort Code: 01-04-57
Account Number: 33259747