The following communication has recently been forwarded to all Trust members:
I am writing with a follow-up to my last message regarding Valley Parade, and with an update on other news.
1. The Stadium Issue/New Investment
As I am sure you will know, City's co-owners have now bought the UpFront (store) building, which relieved the immediate pressure on the club to move away from Valley Parade. This meant that the Trust did not have to go into emergency fund-raising mode to try and purchase the stadium, in order to forestall such a move. The response from City fans to the emergency call was nevertheless exceptional, and suggests that there is a willingness to support the club financially under the appropriate circumstances. This has led the Trust Board to explore different ideas for supporters' investment, in the general belief that something must be done to help improve last season's performance, which as we all know represented a 45-year low in City's football league standing.