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  • "
    quakersam wrote:
    Does it really need to disclose how it bought the club, why is it so important to you?
    The money was an initial £70k which was given by the Trust, Supporters Club, DUFF and a few private donations which secured the immediate future and sale of assets back in January. Another 30k is due to fully complete this purchase in the next few weeks.

    Why wasn't it reduced? Because the pitch was for £750k, 250 for football creditors, 250 for non-footballing and another 250 for a warchest. This was the original pitch. Things obviously change over time.

    They havent had a different agenda at all, when multiple things are thrown at you and goalposts moved sometimes at an hourly rate, what do you honestly expect them to do? Come on be realistic.

    You appreciate the timescale yet you want to know why few are making the decisions, hmm contradiction?
    Look nobody is currently a shareholder therefore decisions don't have to be put out to people, there are 6/7 people on the board, half of whom are Darlington fans like you or I who have give up their day jobs to do this.

    The proposals didn't fail due to lack of donations, we'd of got to the 500k if a certain person hadnt of put certain roadblocks in the way. If Raj had agreed to waive his money we'd of only had to pay off 500k. He didn't, therefore 1.3m would of had to of been paid.

    Dennis Pinnegar is chairman who has been a fan for around 40 years, Laura Drew is in charge of legal stuff (also a big fan), Steve Weeks I think is another, Craig McKenna who is project manager. The information is out there, go and find out if your so bothered.

    How can it consult its members when they're are no members? Nobody is a shareholder yet. You invested against a pitch. The money is currently held in an escrow account.
    The change of direction needed to be made fast, there wasnt enough time to be pussyfooting around.

    The club will always be run by a few people, it will have a group of board members who will run the club. They will be elected by us the fans of the club at an AGM who will reflect the community.

    Don't come out with the hidden agenda crap, these people have stepped up to the plate to save this club. Where were you when it needed saving, I didn't see you volunteering your services?

    Easy to criticise from behind a keyboard isn't it! If you want such a lofty position then go and see what you can do to help, then I will criticise you and see how you like it
    What an excellent post Sam. Simple, yet concise.

    Hopefully this will put to bed all the stupid questions a few on this site seem to keep asking. I doubt this however.

    Too many people spouting rubbish without knowing all of the facts."
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Fans reveal plans after deal struck to save Darlington FC

Fans reveal plans after deal struck to save Darlington FC

DFC 1883 chairman Dennis Pinnegar speaking at a press conference on Thursday

DFC 1883 chairman Dennis Pinnegar speaking at a press conference on Thursday

First published in News The Northern Echo: Photograph of the Author Exclusive by , Regional Chief Reporter

DARLINGTON FC 1883 (DFC 1883) has revealed plans to form a community interest company (CIC) to run the Quakers.

The announcement comes after DFC 1883 bought the club on Thursday after agreeing a deal with administrator Harvey Madden.

Fans who put money into DFC 1883 will be invited to reinvest their money in the new CIC.

The new owners say a CIC offers a wide range of benefits to the football club, including the ability to apply for grants.

Craig McKenna, from DFC 1883, said it also prevented the club’s profits and assets from being diverted away from its supporters and the community.

He added: “Forming a CIC is a significantly better way of moving forward for us.

“The money pledged to DFC 1883 will be going back to the fans. We will then put in place a mechanism that will allow the money to be reinvested in the community interest company.”

The initial plan is for seven board members to run the club, including three of the current DFC 1883 board and four other fans. No date for the vote has yet been set.

CICs are subject to normal company law, but must act for the good of the community.

They are run on a one member, one vote system, rather than the previous ownership model, which was based on one share, one vote.

Several clubs around the UK are already run by CICs, including Stenhousemuir and Clyde.

The Quakers have not yet been told which league they will play in next season, with a decision from the Football Association (FA) unlikely before the club finds a ground for 2012-13.

A spokesman for the FA said last night that they were liaising with administrator Harvey Madden and DFC 1883, and were awaiting a proposal from the new owners.

Mr McKenna added: “The amount of work that still needs to be done is huge.

“We will be making every effort of keeping fans informed as we go and will continue to answer their questions on the Darlington Uncovered on-line fans forum.”

DFC 1883 will hold a question and answer session for fans on Friday at the Blackwell Hotel, in Darlington. The time of the event is still to be confirmed.

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