Takeover bid at Woking

A takeover bid is in the offing at Woking.   A consortium of lounge members led by a local businessman is interested in taking over.  In the year to 31 May the Cards posted losses of £437,000.  Finances have been tight there for some time.   The club is currently mid-table in the National League.

Majority shareholder Peter Jordan, who has pumped £1.5m into the club, is believed to have resigned from the board.

A takeover bid is in the offing at Woking.   A consortium of lounge members led by a local businessman is interested in taking over.  In the year to 31 May the Cards posted losses of £437,000.  Finances have been tight there for some time.   The club is currently mid-table in the National League.

Majority shareholder Peter Jordan, who has pumped £1.5m into the club, is believed to have resigned from the board.

It is always difficult for non-league clubs in the London commuter belt because of the ease of access to Premiership and Championship clubs in London.   However, it is possible to attract fans on a ‘second club’ basis.