The Board of Stockport County has called an urgent meeting of all Shareholders and Directors. The meeting has been called to discuss the current situation at Stockport County and the future investment, direction and structural requirements of the club.
It follows the recent collapse of talks with a consortium of local business people who wanted to assist with the running of the football club, but felt they could not do so due to the complex governance of the organisation.
The meeting will be an opportunity for those shareholders who are no longer directly involved in financing the football club to assist the Board in tidying up the balance sheet. It would clearly be beneficial if a significant number of those shareholders would commit to relinquish their stakes, in order to clear the way for new investors.
The meeting is scheduled to take place within the next fortnight, and the club will inform supporters of any decisions taken.Read more at http://www.stockportcounty.com/news/article/2014-03-13-boardroom-statement-1418173.aspx#uwzAmM3Awkgct5Yh.99