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/