Former UniBond league side King's Lynn have been reformed under the name Lynn FC after the former went out of business and will now look to compete in the Ridgeons League from next season.
King's Lynn speedway chief Buster Chapman's bid was selected over the supporter-led Blue and Gold Trust proposal and Chapman will become managing director/chairman and majority shareholder of the new club trading as 'Lynn FC Limited' under the proposed football name 'Lynn FC'.
Lynn must now formally apply to join the Ridgeons League for 2010/11 and be accepted by the FA before the council finalise the long term lease.
“It's been a difficult decision as we had strong proposals from both the Blue and Gold Supporters' club and Keith Chapman's Lynn FC,” said Nockolds, cabinet member for sports, arts and open spaces. “We selected Lynn FC because we believe their submission encompassed all the elements we were looking for. We were particularly impressed with their strong business focus and their knowledge and experience of running a successful stadium-based sports business. We were also impressed with their commitment to grass roots football and their wish to develop and strengthen the Football in the Community Scheme.
“They have put together a strong line-up of individuals to take the club forward which gives us confidence for the future of football at the stadium.”
Chapman is looking forward to launching another major sporting project in west Norfolk after transforming King's Lynn's speedway club.
“I feel privileged,” he said. “The council can see that above everything else, my team and I are focused on giving King's Lynn a football team that will not only be successful on the pitch but will also give the fans and the community something that they can be proud of. I would like to thank everyone that has supported me throughout the bid.”
Chapman has allocated initial funds of £100,000 to start up the new company, although the Chapman's bid document makes it clear generating revenue from match day income and making full use all year round of the stadium facilities - including a revamp to the Blue and Gold function room - will both be potential long term revenue streams.
A new official web site, Lynnfc.com, has been launched which is intended to be an 'all in one information point' for home and away supporters.
The Chapman group have pledged to work with the Blue and Gold Trust and are willing to promote them on the official web site and in the match day program. However, they have ruled OUT offering the Trust a seat on the board but will communicate with fans through a monthly fans' forum which will be attended by the majority of the board.