The Glovers’ Trust has welcomed the takeover of Yeovil Town by new owner Prabhu Srinivasan.
The group, which reformed shortly after the announcement former owner Martin Hellier was stepping down as chairman in April, published a statement on Thursday following the announced of the takeover by Inflection Holdings, the group owned by the Dubai-based businessman.
The statement in full reads:
“The Glovers Trust would like to extend its sincere thanks to Martin Hellier and The Hellier Trading Group for their two years as majority shareholders of Yeovil Town Holdings and, consequently, their majority stake in Yeovil Town Football Club. During a period that was often turbulent for supporters, their leadership and commitment played a vital role in helping Yeovil Town FC secure the National League South title last season. Their efforts on and off the pitch during this time are greatly appreciated.
“We now look forward with optimism and renewed energy as we welcome Inflection Holdings, the family office of Mr. Prabhu Srinivasan, as the new majority owner of Yeovil Town FC. The Trust is particularly enthusiastic about the opportunity to work closely with Mr. Srinivasan, his wife Bhavna, and their son Sahil as we enter this exciting new chapter in the club’s journey.
“We would also like to congratulate Stuart Robins on his appointment as Executive Chairman of Yeovil Town FC. His leadership will be instrumental in shaping the future of the club, and we look forward to supporting him in this role.
“At the Glovers Trust, we have been working diligently behind the scenes to lay the foundations of a stronger, more effective organisation. We are excited about the future and are committed to working collaboratively with Mr. Srinivasan and all stakeholders to help Yeovil Town FC thrive both on and off the field.”