The Club would like to provide supporters and stakeholders with the following brief update regarding takeover progress and planning for next season.
The Club has been liaising with several parties regarding takeover since the last update and new interest continues to come in.
One party that the Club has been working with recently progressed into a due diligence stage however they have not been able to meet an agreed deadline for full deposit of funds.
At this particular stage no party has deposited the required proof of funds to a level to be able to operate the Club next season, which will be a requirement for the National League and any takeover.
The Club will continue to proactively work with all interested parties and is hopeful to reach an agreement for takeover in due course.
The Board will be looking to continue Club operations in a business-as-usual manner and will be starting to implement some planning for next season given the timescales.
The current owner Mr Singh has agreed to additionally fund certain critical items that are imminently essential to preparations for next season, including a planned pitch refurbishment next week. As such our thanks are on record for his further support.
A significant number of supporters have already bought their season tickets for 2025/26, which has been fantastic. We would again ask for fans to support and take advantage of the early bird offer before the end of May deadline. Your support and pledges through season tickets are needed more than ever. All season ticket money has been ringfenced in a Club account and is for use on Club operations only.
Further updates will be provided in due course.
Hartlepool United Interim Board
