Leicester City News - Sept '03
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.. Trust invest and buy more shares (23/09/03)


The Foxes Trust has announced that they have made a second investment in Leicester City Football Club and that the investment was made before the Premiership season kicked off.

Paula Aldred Trust Board member - Finance commented

"Once we had an initial indication of the amount that Alan Birchenall had raised from his end of season run, the Trust board agreed that the members would want any available funds invested in the club without delay to aid Micky Adams plans to keep us in the Premiership."

Ian Bason Chairman of the Trust added

"A high proportion of the additional £30,000 invested has been a result of Birch's efforts over last season and on behalf of our members we would like to thank Birch for helping the Trust increase our shareholding within the club."

Commenting on the potential of the Trust ploughing more money into the club in the future Bason stated

"Any further investment will be targeted at specific areas which we will discuss with the club over the months ahead.

"Our main focus at present is to ensure that the fan's views are heard and we shall be working closely with the club and its officials to make sure those views are represented when decisions are taken by the club."

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