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Turf buy-back moves step closer after re-organisation

Turf Moor

Turf Moor

BURNLEY Football Club have confirmed that the re-organisation to transfer the club’s existing shares to a new holding company has been successful, as the Clarets move towards regaining ownership of Turf Moor and Gawthorpe.

A takeover offer for existing shares to be transferred to Burnley FC Holdings Ltd was made on January 12th, and the required acceptance of the offer by 90% of the club’s shareholders has now been reached.

As a result, the remaining 10% of shareholders will now be informed that their shareholding in The Burnley Football & Athletic Co. Ltd will be transferred to the new company.

Burnley FC Holdings Ltd will then form a new property company, Turf Moor Properties Ltd, to re-purchase Turf Moor and Gawthorpe from Longside Properties Ltd via a bond issue.

Indicative interest in the bond issue has been received from a selected number of Burnley Football Club supporters, who will each contribute a significant six-figure sum.

Formal bond documents will be issued shortly, with a deal for the club’s stadium and training ground hoped to be completed in February.

• TICKETS are now available for Burnley’s trip to Bolton Wanderers on Saturday, February 9th (kick-off 3 p.m.).

Burnley have been allocated 3,531 tickets for the game at the Reebok Stadium.

Tickets went on sale to season ticket holders, members and Foundation members yesterday, priced at: Upper Tier - £27 Adults, £19 Over 65s and Under 21s, £10 Under 18s; Lower Tier - £24 Adults, £17 Over 65s and Under 21s, £9 Under 18s.

There are also 20 wheelchair and ambulant disabled tickets, priced at: £24 Adults, £17 Over 65s and Under 21s, £9 Under 18s. Carers are free.

Remaining tickets will go on general sale from Monday.

• THE Clarets’ scheduled Youth Alliance game against Accrington Stanley at Gawthorpe last Wednesday was postponed due to a frozen pitch.

The game has been re-scheduled for Wednesday, January 30th (kick-off 1 p.m.).

• BURNLEY Supporters’ Club: Peterborough United, February 2nd, depart Colne bus station 9-30 a.m., Nelson bus station 9-40 a.m., Queensgate 9-50 a.m., Turf Moor 10 a.m., Tim Bobbin 10-10 a.m., Rawtenstall 10-30 a.m.

Bolton Wanderers, February 9th, depart Colne bus station 12-30 p.m., Nelson bus station 12-40 p.m., Queensgate 12-50 p.m., Turf Moor 1 p.m., Tim Bobbin 1-10 p.m., Rawtenstall 1-30 p.m.

• THE Football League has launched a nationwide search to find the npower Fan of the Year, with the winner to be announced at The Football League Awards 2013 on Sunday, March 24th at The Brewery, London.

Supporters are encouraged to nominate fellow fans that have gone above and beyond the call of duty to support their club by submitting suggestions via the following website http://s.zoomerang.com/s/npowerfanoftheyear, with the closing date for entries Monday, February 4th.

 

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