The Fishy.co.uk Grimsby Town FC

RSS



League Two Form Guide

  PGDPts
1Blackpool6916
2Accrington Stanley6914
3Stevenage61013
4Doncaster6713
5Plymouth6313
6Portsmouth6712
7Crewe6312
8Notts County6-112
9Hartlepool639
10Wycombe629
11Cambridge Utd628
12Exeter608
13Mansfield608
14Grimsby6-18
15Yeovil6-27
16Colchester6-47
17Newport County6-57
18Luton616
19Barnet606
20Crawley Town6-26
21Cheltenham6-74
22Leyton Orient6-133
23Carlisle6-101
24Morecambe6-90

Full Form Table
Prem|Champ|L1|NL|VN|VS
SPL|SC|S1|S2

Latest Results (all divisions)



Question of the Week

Do you support Cleethorpes Town?

Actively
Vaguely
Indifferent
I dislike them!
Who?


 

Huxford Takeover Bid Faces Crisis

By: The Fishy News Team
Date: 12/07/2001

BRYAN HUXFORD's bid to take over Grimsby Town is reported to have hit a hitch because a major shareholder has asked for more than the offer price. The former Town director will be forced to ask his backers if they are prepared to stump up more cash to enable the change of ownership to go through.

The major shareholder, who the airline chief refused to name explicitly, is believed to be Dudley Ramsden, the largest investor in GTFC with a 26% stake. Huxford told Radio Humberside: "It was made known to me that one shareholder required a larger sum for his equity.

"It will put the cost of the takeover from £600,000 to nearly £1 million. That really throws the whole thing into doubt. This may well take the acquisition cost to a level which I cannot afford to pay."

Needing 76 per cent of the shareholding to effect the takeover, Huxford had initially hoped to secure the required funding himself, but now may need financial aid from his backers at an earlier stage than had originally been antipated.

"...If the answer's no then I will concede defeat and that will be in the next 24 hours..."

Although the deadline has been put back to July 21st, Huxford claims that the takeover issue will stand or fall within the next day. "I think I'll know the answer to the question long before then. If the answer's no then I will concede defeat and that will be in the next 24 hours".

An exclusive poll for The Fishy showed over 80% support from Grimsby's fans for Bryan Huxford's takeover bid.



Add To Facebook


This site is by the fans, for the fans, and we will consider articles on any subject relating to the Mariners whether it be related to current news, a nostalgic look back in the past, a story about a player, a game or games in the past, something about Blundell Park or football in general. Click here to submit your article!


Related Stories

Forum Latest
TitlePostsLatest Post
Reserves Aim To Secure Title11promotion plaice28/03 00:38
Gimps66Hagrid27/03 23:06
Danny Andrew44Cloudy27/03 22:14
England Vs Lithuania     26promotion plaice27/03 21:54
A Retained List35Mariner_0927/03 21:29
Change/add-a-letter/remove-one Word Game thread...26,351Biccys27/03 21:09
Word Association Game38,974topuphere66627/03 21:09
Donny 1st April29Cloudy27/03 19:25
Thoughts on Bignot?103Gabriel27/03 19:03
CHELTENHAM TOWN MOVED TO 1PM62adzmayte27/03 17:23

News  | Features  | Submit Article  |   | 
© 2017 TheFishy.co.uk