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County chairman remains coy on 'substantial investment'

Stockport County Football Club chairman Lord Peter Snape has remained coy about a potentially ‘substantial investment’ into the club but expressed his disappointment in the information being leaked.

County, preparing for life in the Blue Square Bet Premier following relegation from the Football League, has endured financial difficulties over the past couple of season, ultimately seeing the club fall from League Two to the Conference.

Information was leaked regarding vital investment into the Hatters but in a statement on the club’s official site, Snape opted not to reveal specifics about any deal.

"For some time Stockport County Football Club have been in detailed negotiations with interested parties with a view to substantial investment in the club. Unfortunately this evening very sensitive information pertaining to the discussions has been leaked into the public domain," Snape said.

He added: "I can assure all of our supporters that the board of directors are only interested in the good of the football club both short and long term, and I very much regret that such confidential information has been so publicly aired.

"I very much regret not being in a position to give any more detailed information but ask our supporters to understand that confidentiality agreements are in force and should be respected."

County was taken over in June 2010 by the 2015 Group.

 

Scott Hobro

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