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The Offer on the Table

Trust press forward with Rescue Package, but need Administrator to properly focus

The Supporters Trust continues to press ahead with the community-led Offer to save York City from extinction. The Trusts Offer is now the only one on the table for the Administrator.

Trust representative Steve Beck commented:

We now need the Administrator to properly focus on making urgent progress towards completing the deal.

Beck added
There will need to be discussions with the football bodies and other parties, but before that takes place the Trust needs the nod from the Administrator.

The Trust is concentrating on saving the Club from liquidation. As noted previously, the Trusts Offer is not reliant on acquiring control of Bootham Crescent or Bootham Crescent Holdings. It is understood that, at this stage, there is no imminent agreement with any party for a change of ownership in relation to either BCH or Bootham Crescent. The issue of a home ground for York City would be irrelevant if the Club was to disappear. Hence, the Trusts focus continues to be on saving the Club.

Trust representatives are continuing to seek clarity from the Administrator and his assistant with regard to their application of the 92,000 funds provided for the period 19th January to 15th February plus the way in which they plan to conduct matters going forward.

The Trusts Offer is one of substance and the Trust is prepared to see it through to try and save the Club. The Trust continues to appeal to the people and businesses of York to financially back the community-bid. The Trust has established a special Save City Account, whereby individuals and businesses who make significant donations can do so in the knowledge that their money will only be used if the Trust becomes the legal owner of the business and assets of the Club. Donations can be made by cash/cheque/postal order or standing order payable to Munby & Scott -Save City Account (Royal Bank of Scotland Sort Code 16-34-80; Account number 10144317) send to the Trust, c/o Bootham Crescent, York.

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