Trust Oldham
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Trust Oldham was formed in the summer of 2003 by Alex Metcalfe and John Connolly, two lifelong Oldham Athletic A.F.C. fans. The trust was initially setup with the intention of creating a financial fund to help Oldham Athletic with the financial troubles it was experiencing after the departure of chairman Chris Moore.
Trust Oldham is a member of Supporters Direct, a government initiative, funded by public money, with offices in London and Glasgow, whose aim is to help people "who wish to play a responsible part in the life of the football club they support" and who offer support, advice and information to groups of football supporters.
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[edit] Shareholding
With around £250,000 raised, Trust Oldham entered into discussions with Danny Gazal, Simon Blitz and Simon Corney in an attempt to purchase a shareholding in Oldham Athletic. Based on the total costs incurred by the 'three amigos' in their takeover of the club, it was decided that a 3% stake in the club would be purchased for £200,000.
In return the Trust would get an unconditional seat on the Board of Directors. This person was decided this post would be held by the Chairman of the Trust. Therefore, the position was first held by Barry Owen.
[edit] History
- May 2003 - Alex Metcalfe and John Connolly form TOASfT (The Oldham Athletic Supporters Foundation Trust).
- June 2003 - TOASfT secures funding from Business Link Manchester and the ERDF - through this, Adrian Stores is appointed as Fundraiser and Director. Dave Hudson and Dave Holt are appointed as Directors. Millennium Allstars vs Wembley Wizards sees Latics legends take to the Boundary Park pitch for the Trust's first fundraising event which generates over £100,000 of income for the Trust.
- July 2003 - First public meeting is held at Boundary Park - over 1000 Latics fans attend. Feedback from the meeting results in TOASfT being re-named Trust Oldham.
- September 2003 - After ballot of its 350 members, a full board of Directors are appointed with Alex Metcalfe, Dave Hudson and Dave Holt continuing as Directors. Adrian Stores continues in his Fundraising role.
- March 2004 - Just under a year after its formation, Trust Oldham invests £200,000 in Oldham Athletic Association Football Club 2004, securing a 3% shareholding in the club, and a seat on the Board. Trust Vice-Chair, Barry Owen is nominated as the first ever Supporters' representative on the board of Oldham Athletic.
- October 2004 - Trust Oldham purchase a Minibus which is loaned to the club on an ongoing basis in a donation worth £20,000. To fall in line with Supporters Direct guidelines, Trust Oldham converts to an IPS named Oldham Athletic Supporters Foundation Limited, but continues to work under the name Trust Oldham.
- April 2005 - Trust Oldham contribute £20,000 towards the signing of Luke Beckett on loan from Sheffield United.
- September 2005 - Latics PlayerShare is unveiled by Trust Oldham - a scheme aimed at assisting Oldham Athletic to sign players.
- February 2007 - A campaign is launched to raise money to purchase new facilities within the proposed new ground developments at Boundary Park.
[edit] Personnel: Committee & Patrons
Directors:
Carl Clare, Mark Corbett, Barry Owen, Peter Heginbotham, Dave Holt, Dave Hudson, Wendy Hyde, Mike Maloney, Diane Mellor, Alex Metcalfe, Darren Ratcliffe, Jim Whittingham, Derek Wilson
Former Directors:
Gillian Nuttall, James Todd
Patrons:
Paul Scholes, Jimmy Frizzell, Andy Ritchie, David Eyres, Joe Royle
[edit] References
This article has been created with content from the Trust Oldham website and has been done with their full permission.
- I have created this page but my Wikipedia knowledge doesn't extend to adding the little numbers!