Cardiff City Forum



A forum for all things Cardiff City

Newport County are confident of receiving firm takeover bid

Mon Aug 28, 2023 4:05 pm

Newport County are confident of receiving firm takeover bids for the club by the end of the week.

Two unnamed interested parties are at an advanced stage of a potential deal for one to become the new majority shareholder at the League Two club.



Newport are owned and run by the club's supporters trust but have sought out new investment after recent losses.

Proposals are close to being submitted which will be put before fans ahead of a vote on a deal.

Former director Colin Everett, who has been acting as an independent link between the board and the potential investors, says the situation is "moving fast" and that the club are keen for "a resolution within weeks, not months".


Newport recorded a financial loss of £1.2m last year and face a shortfall in their operational budget for the current season.

"We are talking to two serious investors separately, they're both at an advanced stage," Everett told BBC Radio Wales Sport.

"We expect proposals by the end of the week - which is the deadline we've given them - and if we think it can work out and the Trust members want to sell, we would sell a majority shareholding in the club to them."

Everett said "an ideal scenario" would be for the new investor to take a 51% shareholding, with the Trust - who took over the cub in 2015 and have a 79% stake - retaining around 25%.
You do not have the required permissions to view the files attached to this post.

Re: Newport County are confident of receiving firm takeover

Mon Aug 28, 2023 4:21 pm

Good luck to them. It’s good for Wales to have as many clubs in the efl as we can get. Raises profiles. Gives us all more outlets for developing welsh players.

Re: Newport County are confident of receiving firm takeover

Mon Aug 28, 2023 8:00 pm

Annis, your secret is out...! :o :lol: :ayatollah:

Re: Newport County are confident of receiving firm takeover

Mon Aug 28, 2023 9:44 pm

Fair play to Newport, hope they get the money they need and have stability. Good start for them and that Will Evans is on fire for them!

Re: Newport County are confident of receiving firm takeover

Tue Aug 29, 2023 5:46 am

Sven wrote:Annis, your secret is out...! :o :lol: :ayatollah:



:lol: :lol:

Re: Newport County are confident of receiving firm takeover

Tue Aug 29, 2023 9:53 am

Forever Blue wrote:
Sven wrote:Annis, your secret is out...! :o :lol: :ayatollah:



:lol: :lol:


Annis would Sam get involved with them?

Re: Newport County are confident of receiving firm takeover

Tue Aug 29, 2023 5:28 pm

Forever Blue wrote:Newport County are confident of receiving firm takeover bids for the club by the end of the week.

Two unnamed interested parties are at an advanced stage of a potential deal for one to become the new majority shareholder at the League Two club.



Newport are owned and run by the club's supporters trust but have sought out new investment after recent losses.

Proposals are close to being submitted which will be put before fans ahead of a vote on a deal.

Former director Colin Everett, who has been acting as an independent link between the board and the potential investors, says the situation is "moving fast" and that the club are keen for "a resolution within weeks, not months".


Newport recorded a financial loss of £1.2m last year and face a shortfall in their operational budget for the current season.

"We are talking to two serious investors separately, they're both at an advanced stage," Everett told BBC Radio Wales Sport.

"We expect proposals by the end of the week - which is the deadline we've given them - and if we think it can work out and the Trust members want to sell, we would sell a majority shareholding in the club to them."

Everett said "an ideal scenario" would be for the new investor to take a 51% shareholding, with the Trust - who took over the cub in 2015 and have a 79% stake - retaining around 25%.



Horrible little club, from a horrible little town, followed by horrible little people.

Re: Newport County are confident of receiving firm takeover

Tue Aug 29, 2023 5:47 pm

BAZ_1927 wrote:
Forever Blue wrote:Newport County are confident of receiving firm takeover bids for the club by the end of the week.

Two unnamed interested parties are at an advanced stage of a potential deal for one to become the new majority shareholder at the League Two club.



Newport are owned and run by the club's supporters trust but have sought out new investment after recent losses.

Proposals are close to being submitted which will be put before fans ahead of a vote on a deal.

Former director Colin Everett, who has been acting as an independent link between the board and the potential investors, says the situation is "moving fast" and that the club are keen for "a resolution within weeks, not months".


Newport recorded a financial loss of £1.2m last year and face a shortfall in their operational budget for the current season.

"We are talking to two serious investors separately, they're both at an advanced stage," Everett told BBC Radio Wales Sport.

"We expect proposals by the end of the week - which is the deadline we've given them - and if we think it can work out and the Trust members want to sell, we would sell a majority shareholding in the club to them."

Everett said "an ideal scenario" would be for the new investor to take a 51% shareholding, with the Trust - who took over the cub in 2015 and have a 79% stake - retaining around 25%.



Horrible little club, from a horrible little town, followed by horrible little people.


Bit of a sweeping statement there. Having worked in Newport for the last four years, I’ve made many mates that are County fans.

Re: Newport County are confident of receiving firm takeover

Tue Aug 29, 2023 6:16 pm

We all know what many Cardiff fans think of Swansea.
Now we can see what some fans also think of Newport.
Football clubs aside, I just hope they like the City of Cardiff, and its people, otherwise why live in Wales?

A few very immature people out there!

Re: Newport County are confident of receiving firm takeover

Tue Aug 29, 2023 7:03 pm

MR BIRCHGROVE wrote:We all know what many Cardiff fans think of Swansea.
Now we can see what some fans also think of Newport.
Football clubs aside, I just hope they like the City of Cardiff, and its people, otherwise why live in Wales?

A few very immature people out there!



Sense of humour bypass alert