Community Trust Statement
Chesterfield FC Community Trust remains committed to purchasing the majority shareholding in Chesterfield Football Club. Due diligence is currently taking place, with no issues identified so far and future plans are being formulated.
The original agreed deadline of February 14 for completing the purchase unfortunately cannot be met. The total financing has also suffered a setback involving funding partners taking longer than originally anticipated.
The exclusivity period agreed with owner Dave Allen has now been waived following talks between both parties, thus permitting them to seek alternative purchasers.
It is anticipated that if all goes to plan, the deal could still be completed by mid to late March following the conclusion of due diligence and final funding being put in place.
A further update will be provided in due course.