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GREEN LIGHT FOR ALTY INVESTMENT

On 16 June 2017 the Altrincham FC official website reported...

GREEN LIGHT FOR INVESTMENT

Press release issued by The Sport Business on behalf of Altrincham FC...

"Four Resolutions were passed at Altrincham FC’s Extraordinary General Meeting which allow the club to seek new investors via new voting shares which are now available.

A show of hands from shareholders assembled at the club’s Community Sports Hall gave a unanimous green light to the move. The club converted the 51% of non-voting shares to voting shares via the resolutions to create a means to generate finance.

Chairman Grahame Rowley said, 'It was great to see such a positive reaction to the motion – not one hand against. It now opens the door for the right investor or investors to get involved with this fantastic club.

'We’ve been working hard on the football side with the new manager and we’ve made some very good player signings. We’re determined to move up the leagues quickly, so a financial boost will obviously help us with our ambitions both on and off the pitch.'

The club’s board has appointed The Sport Business to help and support communications and commercial activities at the J Davidson Stadium.

For more information regarding Altrincham’s plans and investment opportunities, contact The Sport Business by e-mail".


A month later (13 July 2017) the FC Business published an article by The Sport Business on the same subject...

ALTRINCHAM FC SEEK NEW INVESTMENT

At a recent Extraordinary General Meeting, the shareholders of Altrincham Football Club passed a series of motions which will now allow the club to bring in new investors.

A new controlling share in Altrincham FC has been created that is now being offered for sale (equal to roughly 51% of the football club).

These shares are offered by the football club, not by a private individual, and Altrincham FC are now in a position to sell these shares to a suitable investor(s) with any finance generated then providing a financial boost for the football club – a football club that already operates free of debt.

Current Altrincham chairman Grahame Rowley said: “We’re determined to get Altrincham back to where the club belongs – at the pinnacle of non-league football.

“It now opens the door for the right investor or investors to get involved with this fantastic club.”

Along with an established fan base and a rich history, the huge growth potential at Altrincham FC means that this investment opportunity represents a unique opportunity to be involved in rebuilding one of the most famous names in non-league football as they begin life at Evo-Stik League level for the first ever time.

Off-the-field, Altrincham FC has received numerous awards for its community, charity, and junior football activities, and currently delivers organised football and coaching for more than 1,000 children each week.

Additionally, the Community Sports Hall at the J. Davidson Stadium provides in excess of £90k turnover back into the football club per annum through bar/food sales alone.

To help with progression, the Board have appointed The Sport Business to provide on-going support.

To discuss Altrincham’s plans and investment opportunities further, please contact The Sport Business:

Dominic McGuinness dom@thesportbusiness.co.uk or 07968 326 541

Paul Smith paul@thesportbusiness.co.uk or 07805 664 064