Possible takeover at Raith Rovers

The Raith Supporters Trust have been advised of the initial discussions between Starks Park Properties Ltd and New Raith Rovers Ltd regarding the proposed changes of ownership at the football club. We share the concerns of the boards of both companies that the football club must live within its means sustainably and play a long-term active role in the Kirkcaldy community. Relegation has brought additional financial pressure to the club, which was already struggling to thrive in challenging economic circumstances.

We intend to play as active a role as possible in ensuring that Raith Rovers navigates these challenges, and are open to discussing how best to achieve this. Supporters trusts will always be wary of situations where one individual can control the direction of the clubs we love; even with owners who have the best of intentions we have seen the dangers of this model play out in front of us. In our discussions over the coming weeks we will stress the need for permanent safeguards to be built into the structure of the club and its associated companies to protect Raith Rovers against this.

The supporters’ place on the board of the football club exists due to the hard work and generous financial contributions of Raith Rovers fans over the years. The Trust’s shareholding is owned on behalf of all supporters, whether they are members of the Trust, other supporters groups, or just as individual supporters whose contributions helped us to secure our voice in the Starks Park boardroom. We believe that it is imperative that the Raith Rovers supporters’ voice continues to be heard and that the wishes and concerns of the fans are fully considered in any changes to the structure and direction of the football club.

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