Following the work completed by the Scrutiny Committee in recent weeks, the Supporters’ Trust Board have been liaising with prospective investors to finalise potential sale details. However, it is clear that only one of the bids provides a viable option to take York City Football Club forward.
With only one bid remaining, the Trust Board have taken the tough decision to forego holding an SGM as the final stage of the process. Giving supporters an opportunity to vote on the future of the club was at the heart of the process outlined on January 18th, and the Trust Board is bitterly disappointed to remove this step.
However, we have to do what is in the best interests of the football club and concluded that presenting a single bid in a confirmatory vote of members would only lead to unnecessary delay. We are sure that all supporters would agree that the football club urgently needs certainty and stability at this critical time in the season.
The Trust board have been extremely concerned about inaccurate rumours circulating on social media in recent days. These have caused unnecessary worry and upset for club staff, players, and supporters alike. Whilst we understand the strong appetite for news, we encourage everyone to only rely on official statements.
The Trust have been holding positive discussions with the remaining bidder and are now finalising various arrangements for the takeover. Due to the complexity and confidential nature of those discussions and processes, we are unable to provide a running commentary on those talks. However, we are confident that matters will be concluded well in advance of the April deadline, and we will issue a further update as soon as we can.
We urge fans to continue their fantastic support of Michael Morton and the players to help them earn three critical points at the home match against Dorking tomorrow. Tickets for the match can be purchased here: https://bit.ly/3JQ1El7
Keep the faith.