Second Share Issue?


By Aston
May 23 2005

Reports in the local press and on other websites are suggesting that Town are planning another share issue to help Joe Royle build his squad for next season.

The last share issue, back in early 2004 was to help raise funds as part of Towns CVA, it raised £1.74million to give the club some working capital.

 

With Town failing to win promotion money will need to be raised some how, either player sales or a share issue. Its expected that a percentage of the funds raised would go towards Joe Royle’s transfer and loan fund for the 2005/2006 season.  

 

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