DIRECTOR Howard Greenhaf has given his full support to the Newport County AFC Supporters Trust in their takeover talks with Les Scadding and says he would be willing to work with the fans or step aside.
The Trust confirmed last night that they have had preliminary discussions with majority shareholder Scadding over the ‘transfer’ of his shares.
Scadding stood down as chairman and director last week and Greenhaf says he could follow the EuroMillions lottery winner out of Rodney Parade.
“If the Trust wanted me to be involved I’d work with them and if not I’d go,” said Greenhaf.
“I’ve always said I’ve got the best interests of the football club at heart.
“If the Trust can pull it off it would be fantastic,” he added.
“It would get the fans back on board and excite people and I’d support it 100 per cent.
“I know Les is speaking to a number of other investors as well but I know he wouldn’t let it go to anyone other than a trusted group.
“I'm not involved in those negotiations but I think we’d all prefer it to go to the Trust rather than the hands of an unknown quantity.
“We know that the Trust is 100 per cent behind the club and it would bring stability but it is far away from being done yet so we’ll have to wait and see.”
Trust spokesman Tony Pring said: “We’re in the very early stages and we need to get the supporters behind us and get the money in.
“Nobody else is stepping up to the plate and the fans have been so miserable.
“We want to make it a fans club again and bring the feel-good factor back.”
James Mathie is a club development manager at Supporters Direct, who have helped similar fans’ takeovers become reality at Portsmouth, Wycombe Wanderers and Wrexham.
He explained the process that the NCAFC Supporters Trust will now go through.
“The Newport supporters have the opportunity to explore taking majority control of the club and that is fantastic,” said Mathie.
“But it won’t happen overnight – it needs proper examination because the club is clearly losing money.
“The next stage is for a financial consultant to prepare a report for the Trust and find out if this is realistic.
“The normal procedure then would be to hold a public meeting so that the fans can listen to the proposition and hopefully buy into it.
“Then there would be a share offer to raise capital and allow the supporters to make the club viable, plus more to invest and grow the club and make it sustainable.
“There is a long way to go but clubs like Wimbledon and Exeter have shown that it can work in League Two and if you get it right it is a model that can work up to Championship level.”
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