Businessman Martin Hellier has said he is “exploring available options” amid speculation that he is looking to take a role at Yeovil Town.
The managing director of Hellier Group, the sponsor of the Main Stand at Huish Park, posted on his personal Twitter account on Wednesday night to say he had “set about my approach.”
He added: “As a truly local businessman intent on reviving the fortunes of Yeovil, I will give updates as and when there is something of tangible interest.
“Despite being tagged in various tweets today I can confirm I am not interested in consortium bids and believe I could not give everything the club needs with only a part ownership / voice. Updates will follow when it’s appropriate to do so.”
I cannot give hour to hour comments / updates, only to say I have set about my approach, and am exploring available options.
As a truly local businessman intent on reviving the fortunes of Yeovil, I will give updates as and when there is something of tangible interest.
— Martin Hellier (@MartinHellier) October 26, 2022
Despite being tagged in various tweets today I can confirm I am not interested in consortium bids and believe I could not give everything the club needs with only a part ownership / voice. Updates will follow when it’s appropriate to do so
— Martin Hellier (@MartinHellier) October 26, 2022
The post follows another Sunday where the businessman said he “may be ready to express an interest” using the #YTFC hashtag, suggesting he was looking at…….a takeover? An investment?
The Gloverscast did reach out to the businessman, who was in attendance at Tuesday night’s 2-0 home defeat to Aldershot Town, following his weekend post to understand his interest. We have had no response from him.
#YTFC. I may be ready to express an interest
— Martin Hellier (@MartinHellier) October 23, 2022
The businessman’s company describes itself as having “a diverse investment portfolio” as well as an “unwavering focus on shrewd investment strategies, impeccable standards, and shared work ethic“, and reports to be valued at £50m with annual revenues of £15m.
The group owns the Yeovil Court Hotel, the Fitness Yeovil gym on the Lynx Trading Estate and a has been involved in developing a number of properties in to Air BnB lets in the town.
In an update to supporters a fortnight ago, club chairman and owner Scott Priestnall said that he was hoping to add further directors to the board before the end of the year adding he would “take any approach seriously.”
He added: “We are continuing our discussions with potential investors to become part of the football club and the door is open for anyone to approach the club with interest in being involved in the ownership of the club.”
Now obviously Yeovil Town is no stranger to takeover talks in recent years, so maybe we’ll just have to wait and see how this one plays out.