"All we have wanted is for the club to be passed to the fans" - Dave Allen to 'pay off ex-directors in full' so Chesterfield FC takeover can be completed
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Both parties hope that the deal will be finalised by Saturday (August 1).
The DT has been told that one of the potential hurdles was outstanding debts to ex-directors but owner Dave Allen has agreed to pay them off in full prior to the sale so the deal can be completed.
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Hide AdBoth Chesterfield Borough Council and Derbyshire County Council require the club to be debt free and have no charges placed against it before they hand over the £500,000 loans to the Chesterfield FC Community Trust.
“They will now be paid out in full as I want the club to be transferred back to the supporters,” Mr Allen said.
Spireites company secretary, Ashley Carson, added: "We have now agreed to meet all payments with the ex-directors in full but this did delay the process. But full praise to Dave Jones who has been really helpful.
"I am just waiting now for the trust to let me know when the funds are available to complete the transaction with 90 per cent of all paperwork completed at my end.
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Hide Ad“All Dave Allen and I have wanted is for the club to be passed back to the fans.”
In a statement released last Saturday, Mr Carson said that “everything was going to plan” regarding the takeover.
"The lawyers are now distributing the documents ready for signing for the transfer of shares,” he said. “I hope that we can complete the sale by August 1."
Associate directors, Lesley Brentnall and Steve Coe, have both resigned with immediate effect as the takeover edges closer.