Yeovil Town director Stuart Robins has said “several discussions” are continuing with potential investors and directors to the club.
In a ‘Board Update’ article in the matchday programme for today’s opening league fixture at Huish Park against Wrexham, he said there was “nothing concrete” to report on the discussions.
The retired businessman and lifelong supporter joined the club’s board at the end of May becoming both a director and a shareholder.
Robins said: “We are sure most of you know, we have been looking for investors in to the club and consequently new board members.
“We have several discussions ongoing, but there is nothing concrete to report to you all yet. We are continuing our discussions as well as seeking out new potential investors, and we will be happy to update you as soon as there is anything material to report.”
Speaking in April, chairman and owner Scott Priestnall said he was having “positive conversations” with “people to join the board, from an investment point of view, to invest in the football club going forward.”
In an address to supporters in the Alec Stock Lounge, he declared: “I am pleased to say there has been some positive conversations on that part and I’m hoping to have a concrete framework around the board by the end of the season, so we are not in limbo during the summer.”
If we assume the conversations being had four month later are with the same individuals, there’s no chance of anyone accusing us of rushing in to bringing new blood in to the boardroom.
In his programme article, Robins also confirmed that funds generated from the sale of Tom Knowles to League Two side Walsall on the eve of the new campaign would be available to manager Chris Hargreaves.
He said: “As disappointing as it is to lose Tom, there is now an increase in funds available to Chris to improve the squad.
“Of course, this will not be easy, but if hard work is a pointer to success, then Chris and his team will succeed and have a highly successful campaign and, of course, that is what we are all hoping for.”
Speaking after the opening day defeat at Scunthorpe United, Hargreaves said that Priestnall had told him the funds would be available.
On Friday, he brought in forward Gime Toure, a free agent following his release by Carlisle United at the end of last season, and a sixth loanee, teenage Exeter City defender Alfie Pond.