Monday 23rd May, 2022 at 11:39am
The Club has today received the following update from Three Black Cats in relation to fan ownership, which it has been asked to share with fans:
With the season over and the land /main stand returned to Thistle ownership, the focus returns to the transfer to fan ownership. Fan ownership of Thistle has been and remains a priority for Three Black Cats (3BC) despite suggestions to the contrary.
By way of an update, since 9th April we have had one note of interest but nothing more. As retaining the shares is not a long-term option for 3BC, we look forward to hearing substantive proposals from any interested fan representative parties without any further delay.
The intention behind fan ownership was to protect the Club’s future, ensuring its stability and security by gifting the majority shareholding to fans to stop it being sold to a third party. It’s meant to be a positive development not as it has been used by some recently, a potential source of division.
That’s why 3BC is determined to press on with the transfer of shares as a matter of urgency. It would be unfair to have this matter hanging over the Club and fans next season, when football must be the priority.
