CITY Fans United have announced plans to amass a “war chest” to ensure the future of professional football in Chester – while distancing themselves from a planned demonstration that failed to take off.
Following recent public meetings, Blues supporters have called for contingency plans to be made should the crisis-torn club face future financial difficulties.
While CFU, the new unified fans group, wish to see the club go from strength to strength, they believe they must have a Plan B in place.
Michael Poole, CFU chairman, said: “We need contingency funds. We need to build a war chest. To that end CFU are announcing an immediate campaign to amass this war chest and provide a safety net for our local club. All of the fans of Chester will have the opportunity to potentially have a stake in the football club by purchasing loan notes from CFU.”
The loan notes will be sold at £100 and will give the purchaser a stake, should CFU ever purchase the club. As loans, each £100 note would be fully refundable to the purchaser.
Poole added: “We believe that donations, fundraising events, monthly subscriptions, sponsorship and the issue of loan notes are the best ways for us to amass the contingency fund the fans are calling for. We need to raise this fund very quickly, certainly within the next six to 12 months as the future of the club looks more and more precarious by the week.”
Disillusioned City supporters protested at the way their club is being run before Saturday’s home game against AFC Wimbledon. The small group, armed with banners, marched from the town hall to the Deva Stadium and staged a ‘red-card’ protest at the kick-off.
Prior to the demonstration, the CFU issued a statement confirming they had no part in organising the demonstration while recognising that fans had their right to show their displeasure at Stephen Vaughan’s regime.