League One Dumbarton have been asked to provide assurances on the club’s future after shareholders raised ‘serious concerns’ over a £1.3million takeover last May.
One of the founding members of the Scottish Football League, the Sons shared the first ever league title with Rangers and celebrate their 150th anniversary next year.
Concerned by the lack of transparency surrounding the sale of the club to Cognitive Capital, however, Supporters Trust chairman David Brownlee will seek clarity from directors at a meeting scheduled for the end of this month.
Dumbarton have been asked to provide assurances on the club’s future amid concerns over a £1.3million takeover last May
The club was sold to Cognitive Capital which has raised 'serious concerns' about the club
An investment vehicle for Norwegian Henning Kristoffersen, wife Kamila Kristoffersen and Manchester-based architect Matthew Atkinson, Cognitive Capital bought the club from St Helen’s-based Brabco 736 last year.
Brabco sold up when plans to move to a new 4,000-capacity Renton stadium featuring 200 new homes, a hotel, retail park, office units and community sports facilities were kicked out by West Dunbartonshire Council.
The Kristoffersen group intends to resubmit plans for a community hub with a stadium on the same site, financing the move by building five villa-style homes and 32 apartments in the car park of the club’s current stadium, next to Dumbarton Castle.
Concerned that the club could go the same way as Clydebank if new stadium plans fall through and Cognitive Capital have no use for the football club, the Sons Supporters Trust have written to the current board posing a series of questions.
The Sons Supporters Trust have written to the current board posing a series of questions
Trust chair and former referee Brownlee told Sportsmail: ‘As a registered cooperative with shares in the club and a seat on the board, the Sonstrust has a particular responsibility to voice the growing concern of supporters about events on and off the pitch. With Dumbarton’s 150th anniversary coming later this year, the time is right for straightforward answers to the questions we have raised.’
In a letter seen by Sportsmail, the Trust seek answers on whether the new owners used Dumbarton assets as