KEN DAVY today underlined his determination to take Town into the Championship as owner of the club.
The Galpharm supremo says he remains “open to investment” in Town in the wake of Adam Pearson’s offer to buy the club.
But he has cemented his desire to remain the major shareholder and to “work actively” with manager Andy Ritchie to improve the playing side with Town now slipping to 16th in the League I standings.
Just 48 hours before his own deadline on the offer of a minority shareholding to Pearson – the former Hull City chief has already said he will not accept a 40% stake even with the chairmanship – Davy set out his case for taking the club forward amid unrest from some sections of support.
“From statements that have been made, there seems to be no indication of any change in response to our offer to Adam Pearson and I’m not expecting any,” said Davy.
“This was an unsolicited approach, but I think we’ve given a very positive response which would bring money into Town.
“I would not be taking any money out of the club and Adam would have a substantial stake and be able to run it, which I thought was what he wanted.
“If that’s unacceptable that’s unacceptable, but we don’t want to sell the club.
“We have never suggested we were in the market to sell the club and we have dealt with the approach in a very professional manner – a very positive response given our understanding of what Adam is trying to achieve.
“It’s interesting that people seem to think it’s okay for me to end up with nothing or a minority shareholding in exchange for millions of pounds but not okay for somebody else. It’s not logical.”
Town host Oldham this Saturday desperately needing a win after two successive defeats in which they’ve failed to score – prompting an angry response from some fans and others to question whether Davy has taken the club as far as he can.
“On the football front we are, frankly, very disappointed with recent results and the board will be working actively with Andy Ritchie to rectify matters,” said the owner.
“We have clear objectives and we intend to see them through. There are no guarantees, but I am confident we can take the club up to the next level – into the Championship – and we are determined to do just that.
“That’s why we are building a solid infrastructure. Our objective is to build a successful platform that will last for a generation and beyond, not just for two or three seasons.”
On the unrest among a section of fans, Davy added: “Yes, a minority are complaining but there are also a great many people who recognise what we are trying to achieve and know we are determined to deliver.
“We never ignore what the fans are saying and, indeed, we have a great deal of dialogue.
“In any club, association or business people have disagreements or they may not all agree on the way forward, but at the end of the day somebody has to take decisions, somebody has to provide the resources and – as we have demonstrated in our response to Adam – we are open to investment providing it is significant and is not for a majority shareholding, because that won’t happen.”