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Terras Shareholders Urged to Support Board Over Stadium

weymouth fc

9:03am 15th May 2014

Weymouth Football Club has called an Emergency General Meeting (EGM) to address rumours and speculation over their future playing ground.

The Terras had previously rejected plans from Wessex Delivery LLP to move from the Bob Lucas to a new stadium at Lodmoor.

But last week the club announced they'd withdrawn their objections after getting guarantees from developers, that they wouldn't be forced to move from the Bob Lucas without consent.

The Clubs board said the future of the club was in "their hands".

Shareholders who can't make the EGM next Saturday morning (24th May) have been given the option of a proxy vote, that allows fellow shareholders to vote on their behalf.

They will vote on whether they are "for" or "against" the club's proposals with regards to the ongoing land situation.
The club say they've taken legal advice and can't provide shareholders, who can't make the meeting, with any more info than what's already public knowledge.

The club's board is recommending shareholders vote in favour of a motion supporting them in continued discussions over where the club will play, listing a number of points including details that the Board has withdrawn its formal objection to a move to Lodmoor, and that they're now in detailed confidential discussions with Wessex Delivery LLP and others over a potential move.

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