Whitehaven Take Over Looks Unlikely

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27 June 2018

Whitehaven have confirmed that the proposed take-over of the club by a consortium reported last week is not looking likely but fund raising continues for covering the club’s costs this season and the club continue to seek long-term solutions.

The club statement from Tuesday 26th:

“As you are no doubt aware the "takeover" has hit some difficulties and may or may not take place. We as a board cannot guarantee that it will go ahead, but we can guarantee that we will do all within our power to try and push the deal forward to a successful conclusion. However we have reached the point where we have to start spending the money both pledged and paid. We feel that we have a moral obligation to offer those who have paid for season tickets a refund their money back if they so desire.

“We have to be honest and state that should a considerable number request their money back we may not finish the season. Going forward we still want to roll the appeal out and take it onwards to other fans and the business community. We are hopeful that in the coming weeks the appeal will thus raise much more than the £60K that was the set target for the consortium to step in. In getting to the end of the season we will also be looking to see if there are other investors out there who might be interested but that would

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