Dale Chairman Simon Gauge announced an EGM will take place regarding a motion to issue 9,000,000 shares to be able to sell to a 90% majority ownership.

https://x.com/officiallydale/status/1759971179417207136?s=20

The full statement can be found here and clicking on the link in the Chairman's Statement section https://www.rochdaleafc.co.uk/news/2024/february/noticeofegm_070324/

The EGM will take place on 7th March in the Ratcliffe Bar and the long and short of it seems to be that the club, without major investment, risks being liquidated by the end of March.

Simon Gauge and his family have been putting money in to the tune of £566,000 in loans and are no longer able to loan any further money.

The proposal to be voted on is to make 9,000,000 ordinary A shares available to allow for the sale of Rochdale AFC with an overall majority shareholder having 90% ownership of the club, at a cost of £2million.

There will be many questions to be asked and at present, fans will have that opportunity to ask those questions on 29th February at the Fans Forum.

https://x.com/officiallydale/status/1759910777988039134?s=20

Photo: Action Images

Themady added 09:43 - Feb 22 You can enjoy some games in https://fnafgames.io which contains horror games and fun games.
0

bekean added 05:00 - Jun 3 Simon Gauge and his family's substantial financial support, totaling £566,000 in loans, has been instrumental in https://drift-hunters.com sustaining the club thus far. However, with their inability to provide further loans, alternative solutions are urgently needed.
0

billyroberts added 19:01 - Jun 4 In an era where digital content reigns supreme, Gosta Media - https://gosta.media/ has emerged as a transformative force in the landscape of content creation and distribution. This innovative media company has not only redefined how content is produced but also how it reaches and engages global audiences. From its humble beginnings to its current status as a digital powerhouse, Gosta Media's journey is a testament to the evolving dynamics of media in the 21st century.

0

Blogs 31 bloggers

Colchester United Polls