The Board of Directors of Eastbourne Borough Football Club CIC are pleased to announce that we have signed Heads of Terms with an external investor for the purchase of the football club and its assets.
The CIC will continue to hold a minority stake in the club to ensure the club continues to maintain its role at the heart of the community and returns value for its shareholders. This is an exciting opportunity for the Club and indeed the whole town.
It is hoped that the sale will complete by the end of May. The finer details of the sale are in the hands of the solicitors of both parties. No further announcement will be made at this time.
David Blackmore
Chairman
Eastbourne Borough Football Club CIC