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League Two Table

  PGDPts
1Port Vale16+833
2Crewe15+628
3Doncaster16+428

4Walsall14+1227
5MK Dons16+827
6Notts County16+827
7Grimsby16-625

8AFC Wimbledon14+1023
9Bradford16+423
10Gillingham15+423
11Chesterfield16+922
12Barrow16+222
13Fleetwood Town14+521
14Salford16-321
15Newport County16-720
16Accrington Stanley16-418
17Cheltenham16-418
18Harrogate Town16-818
19Tranmere14-717
20Bromley15-216
21Colchester15-414
22Swindon16-713

23Carlisle16-1512
24Morecambe16-1310

Full League Two Table
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The clock is ticking!
The clock is ticking!

4pm Deadline for Talks!

By: Rob Sedgwick
Date: 24/12/2020

JOHN Fenty has imposed a 4pm deadline to the consortium taking over the club to thrash out a deal with him. The consortium have agreed a price to buy out Fenty, but payments to him would be staggered over three seasons. He would like to be paid at the end of this season.

The consortium have said that if the club did not achieve League 2 status or above then the loan payments would cease. Fenty argues that this gives them a financial incentive to be relegated, which is a distinct possibility this season.

Mr Fenty, in a late-night statement, imposed a deadline on the consortium, led by Tom Shutes.

To the Mr Shutes consortium, my offer to sell the club is on the basis that you acquire my shares at per value as already agreed and that you agree to repay my loans in full at the end of this season, and no interest will be payable. A sum of exactly £1.5 million.

This offer is there for all to see and is on the table until 4pm on 24th December 2020. Please respond to the chairman of the football club with your decision.

If this is agreed, we can draft a short form sale and purchase agreement for all parties to agree and sign which will be subject to EFL requirements, which should be a formality.

With many fans threatening to boycott the club if Fenty remains in charge, the prospect of No Deal after 4pm would leave a cliff edge in the club's finances that would end up costing him money to keep the club alive.

The two parties have until 4pm to thrash out an arrangement. So stop issuing statements and get talking!

Once that is done the small matter of finding a new manager remains top priority.

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