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CLUB STATEMENT: On behalf of the board of directors

23 January 2015

Club statement on behalf of the CUFC board of directors

Chairman Andrew Jenkins today confirmed, on behalf of the board of directors of Carlisle United Football Club, that talks with potential new investors are ongoing and at an advanced stage as they continue to look to restructure the balance sheet and make the club a self sustaining business as we head further into the new year.

“Talks have been held regularly with a number of potential new investors and we hope to be in a position to make further announcements soon,” he said. “I have to say that the recent waiving of the £1.1m debt by Story Homes Limited has acted as a catalyst to what could be an exciting period for the club.

“I do also have to stress that the talks we are holding are with potential investors. There has not been an approach to discuss a takeover of the club at any stage. We have also never, during any of our conversations, placed any conditions of any kind on any investment we should receive going forward from here. 

And Mr Jenkins also confirmed that part of the investment process will include a restructuring of the board and ownership elements of the club.

“Talks remain positive and we thank our fans for their patience as we work towards a successful conclusion.”

+ Issued on behalf of the CUFC board of directors +

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