The EGM where shareholders were asked to vote on motions that would change the ownership model at the club has concluded and the motions have passed.

This now allows 9,000,000 A shares have been made available for £2million in a desperate bid to attract new 90% ownership of Rochdale Football Club.

Not all the votes had been counted but the threshold of 75% had already been reached on motions 1-4 relating to the ownership and the 50% threshold passing a motion where accounts would no longer be audited was also met.

A letter of intent from World Soccer Holdings (WSH) was issued last week prior to the Fans Forum and tonight's vote gives a green light. We could potentially see further letters of intent from other interested parties but this is a big step forward in allowing an investor to come in and purchase the club to save the club from the threat of liquidation.

https://www.rochdaleafc.co.uk/news/2024/march/egmresolutionspassed_070324/

Photo: Action Images

bekean added 05:01 - Jun 3 The issuance of a letter of intent from World Soccer Holdings (WSH) prior to the Fans Forum, combined with the approval of these motions, signals a positive step forward in attracting potential investors. While further letters of intent from other interested parties may emerge, the approval of these motions https://wordle2.io provides a clear signal to potential investors that the club is open to acquisition and is actively seeking solutions to avert the threat of liquidation.

0

Liquaxisater added 02:53 - Jun 13 Really not too surprised with the results. Implementing the standards correctly, the results are easily achieved effectively. Let's research and find out more information https://scratchgames.co
0

Blogs 31 bloggers

Colchester United Polls