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‘Substantial investment’ offer on the cards for Chester FC

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In a statement on its website this afternoon, the board of City Fans United advised that they have received an enquiry from an individual third party regarding a potentially substantial investment in Chester Football Club.

The individual has asked to remain anonymous whilst initial discussions take place.

City Fans United said in the statement: “It should be noted that this enquiry is at a very early stage and we would stress that this would not in any way threaten or affect the principle of 100% Supporter Ownership or day to day control in respect of the club.”

The statement continued: “This crucial principle was discussed and agreed as a pre-requisite for any further conversations.

“The individual concerned is a wealthy entrepreneur with many connections to Chester and who is extremely passionate about the City.

“This potential investment may represent a fantastic opportunity for Chester Football Club in the pursuit of success and prosperity.

“We would advise our members that it is our intention to pursue this matter further once both parties have performed the necessary due diligence.”

The board will consult with members further should the enquiry progress further.

 

(image credit: Chester FC via Twitter)

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