Yeovil Town chairman Scott Priestnall has insisted a business specialising in “development of building projects” he has set up at Huish Park has no connection to plans for the club.
In a tweet, the owner insisted Max Mae Limited, which was incorporated on June 28 with a registered address at Huish Park, “has nothing to do with Yeovil” and said he was “in advanced discussions with investment partners.”
There isn’t anything to update supporters on at present. We are putting the squad together for the new season, events are being canceled because they’re losing money, no one has bought the club, I am in advanced discussions with various investment partners #ytfc @YTFC
— Scott Priestnall (@scottpriestnall) June 28, 2021
Max Mae is a new venture which has nothing to do with Yeovil. Everyone knows my relationship with Jed McCrory, it has been discussed many times.All my companies have had addresses changed to Huish Park as a result of closing my London office and manage correspondence in one place
— Scott Priestnall (@scottpriestnall) June 28, 2021
In a statement of incorporation published in the filings, it was also statement adding: “On incorporation, there will be someone who will count as a Person with Significant Control (either a registerable person or relevant legal entity (RLE)) in relation to the company.”
Replying to supporters on Twitter, club director Glenn Collis insisted he had the club’s best interests at heart.
Evening all, there is only so much I can say right now.
That is VERY simply, I fully stand with ensuring the future of this wonderful club goes on for generations to come.
With that you ALL have my word!
— Glenn Collis (@GCollisYTFC) June 28, 2021
In response, the Glovers Trust issued a statement saying: “We acknowledge the recent developments of the creation of a new company at Huish Park by Scott Priestnall and Jed McCrory.
“We urge the owner of the club to provide supporters of Yeovil Town FC with some clarity as to his future plans.”
In his last public statement in February, Priestnall described McCrory as “a friend who has offered to introduce a potential investor”, adding: “I will also confirm, although it has been incorrectly reported that I have been introduced to a potential takeover through Jed McCrory, Jed has introduced a potential investor who is known to some supporters, although I haven’t actually spoken with them yet or received evidence of funds.
“For some reason, there are a few on social media that want to keep dragging Jed into takeover/ownership talks. Jed is a friend who has offered to introduce a potential investor.”
In May, South Somerset District Council confirmed its offer to purchase Huish Park and surrounding land from the club and lease it back remained on the table.
In a statement, the council said: “The council’s offer remains available if the owners wish to take it up at the end of this period. Ultimately, the final decision and timing sits with the owners, therefore the council cannot provide any more detail at this time.”
So what does this all mean? It would seem that the chairman and Mr McCrory have taken an interest in “the development of building projects” – where exactly the projects they are interested in would be a question for them.