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York City faces the future

There will be a special meeting of York City Supporters Trust on Thursday when 910 members will vote on whether to hand over the Trust's 25 per cent shareholding to JM Packaging. This is the business owned by York chairman Jason McGill. As part of the deal the Trust would retain one golden share and some of their existing rights until the move to the Monks Cross Community Stadium, scheduled for June 2019.

The Trust will retain rights restricting transfer of ownership of the club to certain people and the option to acquire shares if Jason McGill/JMP wish to sell in the future. The golden share will protect the club's name, colours, badge and location of the home stadium.

McGill has agreed to use any funds from the sale of Bootham Crescent for the benefit of the club. JM Packaging will receive no more from the sale of the ground than the aggregate amount that has been put into the club by his company. Since 2003, JM Packaging have injected £4.3m into the club and will produce a further £500,000 of funding ahead of the move to the new stadium.

This looks like a sensible arrangement and hopefully York City will be able to progress beyond the National League North. York was voted this week by the Sunday Times as the best place to live in Britain and the area is expanding so hopefully more fans can be attracted. Average attendances up to January 1st were 2,789. Only another former league club, Stockport County, had higher attendances in the National League North.

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