Crewe Alexandra - Crewe For Sale
UK time is: 23:09:26
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Crewe For Sale

A small advert yesterday in 'The Times' announced that there is an 'opportunity to acquire a controlling interest in Crewe Alexandra Football Club'. This decision following an agreement that the best course of action to move the club forward would be to seek new investment. The aim of the takeover is, according to Bowler, to attempt to be able to compete with the financial muscle of the Championship. The net asset value of the club was stated as 'circa 8m'.

Daniel Potts, who owns 22.9% of shares, has been trying to sell his shares for some time now having failed to make it onto the board. One of Norman Hassall or Norman Rowlinson have now decided to also sell their shares in order for the club to progress. Hassall owns 25.75% of shares whilst Rowlinson owns 24.28% of shares. Therefore, whichever of these investors are selling along with Daniel Potts, the stake on offer will not be enough to reach the important 50% figure, meaning that any investor may attempt to purchase some of the 13.37% of shares currently held by a total of 860 minority shareholders.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Wednesday February 1 2006

Time: 6:07PM

Your Comments (oldest first)

Change to most recent first
I believe it is Norman Hassall shares that have been added to Potts is shares and richard clayton's shares maybe included to potential buyers
mowen23
Report Abuse
06/02/2006 16:30:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Crewe Alexandra Articles

Unbeaten record goes (Saturday August 1 2015)

Davis pleased with keeper situation (Thursday July 30 2015)

Wait goes on for winger (Thursday July 30 2015)

Defender wants major role (Thursday July 30 2015)

New keeper targets start (Thursday July 30 2015)

Midfielder rediscovering form (Tuesday July 28 2015)

Keeper signs for Crewe (Tuesday July 28 2015)

Defender signs new deal (Monday July 27 2015)

Alex seek defensive cover (Monday July 27 2015)

Alex stay on winning run (Friday July 24 2015)

Archived Crewe Alexandra Articles

List All Vital Crewe Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
6. Chesterfield 0 0 0 0 0 0
7. Colchester 0 0 0 0 0 0
8. Coventry 0 0 0 0 0 0
9. Crewe 0 0 0 0 0 0
10. Doncaster 0 0 0 0 0 0
11. Fleetwood 0 0 0 0 0 0
12. Gillingham 0 0 0 0 0 0

Crewe Alexandra Fixtures (view all)

Breaking League News

Smith Talks About Pazo/Thompson
Walsall : 01/08/2015 21:53:00
CCFC: Full-Backs Key For Sky Blues
Coventry : 01/08/2015 20:46:01
Sky Blues Struggle With Their Oxford Exam
Coventry : 01/08/2015 20:42:01
Robbo Speaks: Post-Cambridge United
Peterborough : 01/08/2015 20:02:01
Newell On Trial At The Millers
Peterborough : 01/08/2015 19:52:01

Current Site Poll (view all polls)

Are Crewe stronger than this time last season?
Suggested By:  Vital Crewe
Yes 48%
No 52%