Documents filed on Companies House have confirmed that Scott Priestnall is no longer a director of Yeovil Town.
They also show new chairman and owner Martin Hellier as a director of both the club’s trading business, Yeovil Football & Athletic Club (YF&AC), and Yeovil Town Holdings Limited (YTFC Holdings), the company which holds the exclusive buy-back rights on land around Huish Park.
Hellier Trading Group, the chairman’s own business, is also registered as “a relevant legal entity” which holds “directly or indirectly, 75% or more of the shares in the company” whilst CV Leisure, the company set up by Priestnall when he bought the club in 2019, was also removed from the records of YTFC Holdings.
In summary, the filings which went live on Tuesday night confirm that everything we expected to see following confirmation of the takeover earlier this month.
On Wednesday morning, Priestnall was also removed as a director of the National League Trust, the league’s governing body, with his last act in this capacity appearing as a guest of the board at the play-off final at Wembley between Chesterfield and Notts County earlier this month.
Stuart Robins continues as a director of YF&AC and retains his 20% shareholding in that company. Therefore, it appears that Hellier holds a 72% stake in YF&AC alongside Robins and 8% held by an array of smaller shareholders, but in YTFC Holdings he appears to have acquired the 92% shareholding previously held by Priestnall.
All of which means that Priestnall’s only remaining connection with anything to do with Yeovil Town is his role as a director of Yeovil Town Community Sports Trust, the charitable arm of the club/
He remains on the board alongside Robins, now (we assume although there’s been no official confirmation) former CEO Martyn Starnes, ex-commercial manager Dave Linney, and Johanna Harris, a teacher at Buckler’s Mead Academy.
Good riddens to bad rubbish