At yesterday’s Board Meeting the first item on the agenda was the future position of the Club going forward.It was confirmed by Charlie Clapham that Sam Shrouder, Haydn Preece and David Barron would stand down as Directors at the end of the Clubs Financial year end the 30th June 2017.

As Chairman I confirmed that I would step down with immediate effect (21st April 2017) Sam Shrouder will also step down with immediate effect whilst both Sam & I have personal reasons for resigning our positions, the recent attacks that have appeared on social media and in the press and media following the open meeting of the Trust in Yellow and supporters has meant our position is untenable therefore we take our decisions with heavy hearts but in the best interests of Southport Football Club in the short and hopefully long term.

Haydn Preece shares the same views in regards to the vitriol and ridicule that has been aimed at the club and himself personally, David Barron has been shocked by a section of the supporters by the behaviour towards myself and the Board.

Nigel Allen and Liam Watson are considering their positions, Nigel has agreed to act as Interim Chairman until the 30th June 2017 during which time the Board will seek a meeting with the Trust in Yellow Board to establish their views for the future as the call for change has come from them following the Open Meeting.

The Board will urgently seek to establish any level of interest in bringing in investors who may wish to take a controlling interest in the ownership of the Club.

I would like to place on record my thanks to Sam, Haydn & David and my family for their support towards me over the many years they have worked with me, I would also like to thank Ken Hilton along with all volunteers and supporters who over the last 35 years have treated me with respect “Thank You.”

The Board will work diligently over the coming weeks to find an outcome that will ensure the security & sustainability of your football club.

On behalf of the Board

Charlie Clapham MBE

Yeehah ! And about time,should have done that about 10 years ago,at least,when the team where starting to go downhill,then something that CC could possibly have done something about,but did.nt,hence where the club are now.

He still owns the club, though, so he's effectively in the same position as Abramovich at Chelsea.

Yipppppppppeeeeeeeee

Bye bye bye bye, bye bye bye bye

Originally Posted by Lamparilla

He still owns the club, though, so he's effectively in the same position as Abramovich at Chelsea.

He only owns around 20%

Originally Posted by Ralphy Rylance

He only owns around 20%

Who owns the other 80%? They must be Clapham fans or they'd have voted him out before now, so as long as CC keeps them onside, presumably they'll still control the money.

I can't imagine we're talking about huge sums of money here, though. The problem has been Clapham's refusal to sell, but he seems to have finally given in.

The best news since sliced bread was introduced

The Board will urgently seek to establish any level of interest in bringing in investors who may wish to take a controlling interest in the ownership of the Club.

Why?? According to posters on previous threads there are loads of rich folks in Southport ready to take the club on. Hold on...just looked out my window, no long lines down Haig Avenue yet :)

If you're head of an institution and that institution consistently fails over a prolonged period of time then your moral duty is to step down. Stepping down with good grace is a bonus but that was always going to be too much for a self serving, self pitying, arrogant man like Charlie Clapham. Good riddance to him.

I have no idea what will happen now but it has been to all intents and purposes a club that has been treading water for years. Even if SFC doesn't attract someone with pots of money it would be nice to have an individual with ambition, integrity and some honesty at the helm. The secrecy that prevailed under Clapham's tenure was nothing short of an insult to the paying public.

Originally Posted by Lamparilla

Who owns the other 80%? They must be Clapham fans or they'd have voted him out before now, so as long as CC keeps them onside, presumably they'll still control the money.

I can't imagine we're talking about huge sums of money here, though. The problem has been Clapham's refusal to sell, but he seems to have finally given in.

Sam Shrouder owns just over 30% so between them they own a majority.

https://beta.companieshouse.gov.uk/c...filing-history
Shareholders listed there - in the document dated 28/06/16
Charlies owns around 20%

Both are stepping down from the board.
The supporters trust are the 3rd biggest shareholder but aren't on the board.
Some directors own just £100 worth of shares.

I take it all those who said they'd return to watch the club once Clapham goes will be at Tranmere tomorrow and Haig Avenue next week.

Won't be at Tranmere tomorrow due to work Commitments, But i'll return on Tuesday night at Prescot Cables to Cheer Southport Fc on to their First Trophy POST CLAPHAM. The futures bright, the futures not Charlie.
this would be a greaway to show both Charlie Clapham and any potential Investor how big our support is (or at least used to be) if everyone who has stopped going made he short trip for a county cup final.

Some have reported on here that a number of "wealthy" people are waiting in the wings to invest in the club. Well the wings are bloody well open now so put your money where your mouth is!!! I wait with baited breath.

No backers, little income can only mean one thing unless the fans buy out and take over the club. Evostick Premier the following year

Now let’s see,

Excluding cash in bank back to shareholders if they decide which they would if the company sold its shares, the company that owns Southport football club has a Nett Asset Value (NAV) according to 2016 final accounts of around £362k.
Quite what the NAV is up for debate as the club does not even own the ground therefore close scrutiny of the accounts would be required.

I’d suspect revenue returns are only advertising and gate receipts being the biggest earner, minor sales are irrelevant.

Therefore an offer of £150k for the club would be a decent starting point.

Let’s see how many takers there are at that price. I certainly would not make an offer based on the NAV. Count me out as football is not a business to make money in, it’s a hobby and hobbies don’t pay.

Look forward to the next sugar daddy who wants a play thing.

Best thing that has happened to Sfc for year , Clapham is no more than self righteous, snide , if he were a man he'd have done one years ago .
GOOD RIDDANCE TO BAD RUBBISH , NOW THE CLUB NEEDS SOMEON TO BUY HIS SHARES , THEN RUN HIM OUT OF TOWN .
Despicable individual .
The club should also get rid of these past presidents who do noting for the club .
They are just hanger on POMPOUS BAS*****.