Aldershot secure new investor

Aldershot owner Kris Machala has secured a new investor who will pump much-needed funds into the Hampshire club.

Last Updated: 19/04/13 at 14:32

The EBB Stadium: Home to the Shots

The EBB Stadium: Home to the Shots

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Machala stepped down as Shots chairman in late February but has remained on the club's board of directors, continuing an ongoing search for fresh investment.

And he revealed at the club's AGM on Thursday night that the newly-discovered mystery suitor has a background in football which will pave the way for "high-quality overseas players" - regardless of whether the struggling League Two club avoid relegation or find themselves in the Blue Square Bet Premier next season.

An official statement by the board of directors read: "Aldershot Town Football Club held a Shareholders AGM on Thursday evening. The principal reason for the meeting was for a resolution to vote in favour of restructuring capital funding creating a vehicle to attract an additional path of £1million worth of investment.

"During the meeting the majority shareholder Kris Machala voted against the resolution and explained to the shareholders that he has secured an alternative investor willing to inject sufficient funds to meet the cash flow required and to sustain the club over the long-term.

"Mr Machala also gave an assurance that this will provide the opportunity to repay loans due to directors and others that will no longer need to be restructured as was being in the process of discussion by the board.

"Mr Machala also confirmed that the investor has a football heritage and that they will secure high-quality overseas players whether the club is in the Football League or Conference.

"In the meantime Mr Machala assured shareholders that he will provide the monies required to fund the club until such time as the agreement is completed in the short or long-term. He stated that he expects the deal to be concluded and will be in a position to provide a presentation to the board of directors on Monday April 22 2013.

"There will be no further comment from the club at this time regarding the matter due its confidential nature."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

S

till reckon Chelsea will go for Khedira as back up for Matic. I think it will turn out to be quite a Mourihno-y window: We'll see the squad players and youth in action pre-season, say things like well, we need not buy anybody and then the club will bid £60m for Pogba and send everybody on loan.

tk421
F365's Transfer Guide - Part One

I

would love to be a fly on the wall at the meeting between Milner and Rodgers. I don't know if flies can count, but if they can then I would be counting the number of times Rodgers used the word outstanding in his attempts to get Milner to sign.

godzilla
Reds and Arsenal chase Milner

W

ell, it wouldn't be a summer without Arsenal fans fretting over losing a key player, and United throwing their weight around and muscling in on transfer deals which are (apparently) near to completion. If we can't be entertained by the football on the pitch, let's enjoy the silly off-pitch soap opera of the transfer season. Hurrah!

CamberleyGooner
The Back To It Gossip

Footer 365

Kevin De Bruyne not for sale, insist Wolfsburg

DFB-Pokal winners Wolfsburg have insisted that Manchester City target Kevin de Bruyne is going nowhere this summer.

Barcelona defender Jordi Alba set to sign five-year contract until 2020

Jordi Alba is set to sign a new five-year contract with Barcelona, the club have announced.

Arsenal in talks with Higuain - Report

Arsenal have begun talks with Napoli striker Gonzalo Higauin with an aim to bringing the Argentine to north London, according to reports in Italy.

Mail Box

Calling Carlo For Liverpool... Please

One Liverpool Mailer wants a manager who isn't starstruck by the job. Plus why Milner has now become overrated, play-offs for the title, Ronaldinho and democracy..

James Milner: Jose's Perfect Player?

Probably. But presumably he would not swap one bench for another. We have mails on over-hyped players, Arsenal enthusiasm, UEFA, FIFA and naked dudes...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company