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Aldershot Town sold from administration 1 August 2013

The sale of Aldershot Town Football Club out of administration has been completed, with a consortium led by former chairman Shahid Azeem taking ownership.

The club entered administration in May, following relegation from League Two, with debts of £1.4m.

Joint administrator Carl Jackson, of Quantuma Restructuring, said: “The process has not been easy, but with the support of the creditors, fans, local council, staff at the club and football authorities, we have achieved the best outcome for Aldershot Town FC.

“What this now means is conference league football next season and a long term and hopefully successful future for the club.”

The buying consortium also includes former Aldershot Town board members John Leppard, Tony Knights and Russ Howell.

Azeem said: “We are incredibly grateful to the Aldershot Town Supporters Trust for their backing and to fans, creditors, staff, volunteers and players for their patience during these uncertain times.

“We are aware of young supporters who gave their pocket money, pensioners who sold their premium-bonds and people who cancelled holidays so that they could contribute to saving the club.

“We will be working hard to repay this loyalty by creating a sustainable football club for future generations of ‘Shots supporters.”

A statement on Aldershot Town FC’s website said club manager Andy Scott is “now in a position to offer contracts to playing staff. Operation plans are also underway, with further announcements about the structure of the club to be released shortly.”

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