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Club News

A Statement From The Board Of Directors

5 June 2020

The Club wishes to respond to speculation that has arisen following a statement being made about share ownership.

We can confirm that companies named North Yard Analytics and Gergedan, owned by Dan Altman and Emre Marcelli respectively, have acquired shares in RAFC. This occurred through the process of a share transfer whereby the shares were purchased privately from existing shareholders. Consequently, RAFC has not benefited financially from the transaction and there was no requirement for the Board of Directors or Shareholders to authorise the transaction. 

Prior to this RAFC had been approached about a potential investment opportunity. Whilst discussions were held – under the protection of a Non-Disclosure Agreement – those discussions stalled last year.

At this time no further discussions are planned.

The Directors continue to explore options for outside investment into the Club but would like to reiterate that any potential investment options will be carefully assessed to ensure that the long-term future of the Club is protected for this and future generations of our fans.

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