footymad13
27-01-2005, 05:46 PM
The Griggs family, owners of Rushden & Diamonds, are willing to offer a fans' trust £750,000 to take over the club, reports BBC Radio Northampton.
Max and Stephen Griggs want the club to be owned and managed by its supporters.
They are willing to give away the club, the Nene Park stadium and 22 acres of land - except the sports and exhibition centre - to the recently-formed Trust.
The family is also offering a £500,000 cash injection for next season, and £250,000 for the following season.
If the transfer took place, the Griggs Group would end its involvement in the League Two club - which was formed in 1992 by the merger of Rushden Town and Irthlingborough Diamonds.
But the group insists that such a transfer would still require further revenue generation from the fans and the local community to put the club on a stable footing.
Max Griggs, owner of the Dr Martens footwear empire, had bankrolled the club since 1992 as they rose up through the non-league ranks to the Football League and won the old Third Division title in 2003.
But in October that year, Griggs announced that he was looking to pass on his shareholding - and the Diamonds were relegated last season after allowing many of their higher-earning players to leave.
The Griggs Group tried to sell the club during the summer, but no buyer was found.
Source: BBC.co.uk/football
Hope you are listening Ron http://www.shrimperzone.com/iB_html/non-cgi/emoticons/tounge.gif, seriously what a great offer, i believe Rushden are setting up a trust on the 10th, should be quite a meeting !
Max and Stephen Griggs want the club to be owned and managed by its supporters.
They are willing to give away the club, the Nene Park stadium and 22 acres of land - except the sports and exhibition centre - to the recently-formed Trust.
The family is also offering a £500,000 cash injection for next season, and £250,000 for the following season.
If the transfer took place, the Griggs Group would end its involvement in the League Two club - which was formed in 1992 by the merger of Rushden Town and Irthlingborough Diamonds.
But the group insists that such a transfer would still require further revenue generation from the fans and the local community to put the club on a stable footing.
Max Griggs, owner of the Dr Martens footwear empire, had bankrolled the club since 1992 as they rose up through the non-league ranks to the Football League and won the old Third Division title in 2003.
But in October that year, Griggs announced that he was looking to pass on his shareholding - and the Diamonds were relegated last season after allowing many of their higher-earning players to leave.
The Griggs Group tried to sell the club during the summer, but no buyer was found.
Source: BBC.co.uk/football
Hope you are listening Ron http://www.shrimperzone.com/iB_html/non-cgi/emoticons/tounge.gif, seriously what a great offer, i believe Rushden are setting up a trust on the 10th, should be quite a meeting !