An Update On The Bolton Wanderers Supporters’ Trust
On Saturday before the MK Dons game, the initial steering group of the BWFCST (see the members here) met for the first time to continue the process for formally getting the Trust running so that the subsequent elections can take place as soon as possible.
The first thing agreed was that Richard Hurst will act as interim chair of the steering group. Richard will be ensuring that the Trust is set up as quickly as possible and will be stepping away once the Trust’s AGM and elections are called.
“I am honoured to have been asked to help the Supporters’ Trust steering group through the often complicated process of being ready to be up and running. We will do what we can to update supporters how we progress and we hope to be in a position to start collecting membership fees soon.”
The remaining members of the current steering group will be announced in due course, however there is still a need for people with a background in administration, email and data entry.
If anyone with these skills, who has the time to commit to supporting the Trust, please contact us as soon as possible by emailing Enquiries@BWFCST.co.uk.
At this meeting the steering group also discussed the need to prepare the Trust in case there is a need, or opportunity, for the Trust to take an active role in a takeover of the club.
It was clear that the Trust cannot try to make an offer for the club outright, and a combination of the Trust and a number of High Net Worth individuals (such as happened at Portsmouth) could be a viable option in the right circumstances.
It was agreed that we would work to place the Trust into a preparatory stage in case there was a need for the Trust to be involved at a later date.
Richard Hurst said:
“We need to make sure the Trust is a credible and viable option if this is to be considered. We would rather be ready and in a position to act by doing this work now, than do nothing and suddenly have this situation sprung upon us. We will update supporters as soon as we are able to. However in the meantime we will continue to work and liaise with the club.”
Thank you for your continued support.