York City Football Club can confirm that following a transfer of shares from Glen Henderson, 394 Sports Ltd have acquired a 51% majority stake in the club.
The ownership group is led by The Uggla family, with mother and son duo Julie-Anne and Matthew assuming the roles of Co-Chair of York City Football Club pending FA approval.
“It’s amazing to get it done. It has been a pretty quick process and we need to hit the ground running because things are getting underway and we need to catch up with other teams who have had all summer to prepare,” Matthew said on completing the takeover.
“We can really take this club as far as we want to take it, I think the sky really is the limit, there’s not really a ceiling on this club. It’s just a case of putting the right structures and plans in place to really go for it.”
Matthew and Julie-Anne will be formally appointed club directors following completion of the required FA and National League processes. The two Trust-appointed directors Alastair Smith and Mike Brown will remain on the board.
Matthew said: “The new owners would like to put on record their thanks to the Supporters Trust for their extensive work in helping us to complete the takeover. We look forward to working with all supporters to deliver a brighter future for the club.”
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