Date:Wednesday February 1 2006
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.
Crewe travel in good spirits (Friday October 31 2014)
Striker determined to impress (Thursday October 30 2014)
No risk policy on Brad (Thursday October 30 2014)
Teenager could make full debut (Thursday October 30 2014)
Duo in contention (Thursday October 30 2014)
Davis prepared to be flexible (Thursday October 30 2014)
Defender on trial (Tuesday October 28 2014)
Good news on midfielder (Monday October 27 2014)
Crewe receive home tie (Monday October 27 2014)
Davis praises spirit (Saturday October 25 2014)
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