Revisiting the headlines of 26th March 2003 as the Supporters’ Trust finally take control at Bootham Crescent.
It’s a historic day for York City FC after their Supporters’ Trust crucially overcame the last remaining hurdle ahead of them taking ownership.
An agreement with the Inland Revenue to effectively pay 63p in the pound for the debts owed to the Crown, meant a Company Voluntary Arrangement was unanimously passed at today’s creditors’ meeting.
The Football League have also indicated they are prepared to agree the deal as the preferential creditor, the Inland Revenue, had now been satisfied.
“It has been a long hard road to get this far,” new club director and tireless driving force Steve Beck admitted to The Press. “I can’t applaud the staff and the players enough for the way they have pulled together over this time, everyone has really gelled together.
“It will go before the Football League at their next board meeting on April 22, but they may be able to ratify it before then,” he added. “It all depends on getting the right people together, but I think something can be organised. I can’t see them keeping us hanging on.”
Beck will take the chair of the new club board and work alongside fellow directors Sophie McGill (communications), Jason McGill (commercial), Mike Brown (marketing and IT) and Ian McAndrew (stadium development).
It follows fifteen months of endless turmoil for a proud 81-year-old football club whose never-say-die supporters had rallied magnificently to meet a set deadline and rescue it from the very brink of extinction.
Boosted by a cash donation of £50,000 from lifelong fan Jason McGill, they incredibly raised in excess of £50,000 in just 72 hours, including a staggering £20,000 in bucket collections at a home game against Bury – ahead of the Trust’s offer being accepted by the club’s administrators.
Rewind Extra – March 2003