Late last night a meeting was called by Simon Burgess (Lord K) for fans to meet in the Arms tonight. Worried about the news that came during Sunday evening from the club that the important press announcement that was due to have been made by the Norgrove/Slavery backed Aggborough Holdings Consortium first thing this morning (Monday) had now been put back to later in the week it was decided that it was time that fan power got involved.
The idea was taken up by a few others and had created such a frenzy that the original message on the Official websites board was pinned.
The meeting was just expected to be one where the approximately 35 fans that turned out could basically get their fears off their chest and hopefully try to force the hands of those in power to come out with some kind of statement. The one thing they did not expect was the surprise appearance of Lionel Newton.
After buying himself a drink he then read out a statement, which was agreed by Mr Norgrove, confirming that he has given his word to the Aggborough Holdings Consortium that he will sell his shares to the consortium for £1 That is all 680,000 shares.
In addition to this is he is writing off the loan of £400,000 so is in fact giving the club over £1 million of shares and loans.
He also confirmed that he will not be selling the shares to the Farnborough Consortium and that the deal should be finalised by the end of the week. This will allow the club to move forward and Stuart Watkiss can start the rebuild of a Harriers side that will be able to compete in the Conference and go on to regain our place in the Football League.
The meeting that was expected to last most of the evening had in fact more or less finished in 8 minutes. Now we all know which way the club is going.
After the meeting the club released this statement:
JOE HANCOX of Howarth Clark Whitehill, auditors of Kidderminster Harriers Football Club, today held meetings with Lionel Newton and members of the Kidderminster consortium (Aggborough Holdings).
Heads of terms have been agreed for the Kidderminster consortium to acquire the shareholding of Lionel Newton and the intention is to have formal contracts signed this week.
This statement has been released with the agreement of Lionel Newton and Barry Norgrove on behalf of the Kidderminster consortium.
This report was given to me by Karl Rose (Sprials) because I was personally unable to attend.