CV Leisure

By:
On:
In: Latest Yeovil Town News

Yeovil Town has declined to comment on a series of questions put by the Gloverscast to ask around talks relating to the takeover of the club.

A deadline for a deal to be completed set by Chairman Scott Priestnall passed on Sunday and a it is believed a loan taken out by CV Leisure, the company the chairman used to by the club, with Poole-based property finance group MSP Capital is scheduled to be repaid today (December 17).

Following the deadline, a brief statement from the Simul Sports Group, led by former Cardiff City commercial director Julian Jenkins, confirmed it was in discussion around the purchase of Yeovil Football & Athletic Club.

The Gloverscast posed the following questions to the club:

  1. Now the seven day deadline has passed from Scott Priestnall’s statement, can we expect an update on the next steps from the club?
  2. Have discussions progressed with the Simul Sports Group to overlook the deadline?
  3. There is a lot of talk on social media regards charges with MSP Capital, can the chairman clarify the situation and put supporters’ minds at ease?

On Friday, we received a response to say there would be no comment from the club on any of these questions.

For our part, we will continue to ask questions about all aspects of the on-the-field and off-the-field operation of our club on behalf of you – the club’s supporters.

By:
On:
In: Latest Yeovil Town News

Former Yeovil Town director Errol Pope has resigned as a director at CV Leisure, the company which owns a majority stakeholding in the club.

His resignation, registered on Companies House on September 1, leaves Glovers’ chairman Scott Priestnall as the sole remaining director of the business.

It is getting on for a year since the club announced Pope had left the club in December last year with “a heart laden with regret“. His departure was eventually confirmed by his resignation as a director of Yeovil Football & Athletic Club Limited  in August.

Pope remains a director of Yeovil Town Community Sports Trust, according to records on Companies House.

CV Leisure – or Scott Prietsnall as we might as well call it – owns “75% shares or more” of Yeovil Town Holdings Limited, which owns the land around Huish Park.

The rest of the shareholding is held by a variety of different shareholders including some who held shares since the club’s financial troubles of the 1990s.