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CLUB STATEMENT: Dated 21 May 2015

21 May 2015

Official club statement dated 21 May 2015

The next stage of talks between Carlisle United FC directors and the leader of a new party which has put forward a substantial investment proposal for the Club over a three to five year period will take place at a meeting within the next five to 10 days. This follows initial negotiations. 

We will endeavour to keep our supporters and other interested parties informed about any major developments during these on-going negotiations, whilst respecting the wishes of the latest potential investors for their identity not to be revealed at this stage.

The Club also respects the position of the Trust and its right to negotiate its share percentage of the Club with future investors.

Meanwhile the Club hopes to proceed with the appointment of a new Sales & Marketing Director at the earliest opportunity, regardless of the outcome of the issue over the Club's investor group. The appointment of a Managing Director has been put on hold until potential new investors are in place and have the ability to input.
 
Club chairman Andrew Jenkins said: "We are looking forward to making further progress with the prospective new investors before the end of this month when we sit down with them face-to-face.

"We recognise that the issue of the Club's shareholding needs to be settled at the earliest opportunity. However, it is imperative that we choose the best option which will move the Club forward at this critical point in our history."  

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