Tonbridge Angels FC Respond to Millionaire Buyout Speculation

Tonbridge Angels FC has issued a statement about an unofficial debate over alleged redevelopment plans.

The statement follows a flurry of comments and speculation

on the online fans’ forum, ‘Angels Online Fans’ Forum.’

One contributor, known as ‘Florida Angel’, and calling

himself a ‘Supporter Trusted Team Coach’ claims a millionaire Kent businessman

wants to buy a 50% stake in the club.

“Yes there IS an investor willing to come into the club,”

says Florida Angel. “The investor is a Kent businessman, a very wealthy

successful business man who is willing to invest over half a million pounds.

This would involve redeveloping the ground and providing new playing and

associated facilities. He is also prepared, as a gesture of his commitment to

maintaining the club, to put £20000 into the playing budget

immediately and for the benefit of the current management team.”

In response to the online debate, Tonbridge Angels said in

their statement: "The position is relatively simple. An unnamed

consortium proposing to redevelop Longmead Stadium have made contact with the

Board of Directors.

“The Board of Directors have not dismissed this

redevelopment enquiry but have simply requested a proper fully documented

business plan together with financial statements etc. in order to fully

consider the proposal further. Tonbridge Angels Football Club are currently

financially secure and debt free.

"Once the business plan has been received, the Board of

Directors together with Shareholders will fully review and will undoubtedly

seek further financial guarantees etc. from the Consortium. This process will

take as long as is required in order for the Club to be fully satisfied that

the proposal is proper, valid and financially secure.

"Tonbridge Angels Football

Club are, however, extremely surprised that negotiations appear to be taking

place on a fans forum!"