New Investment at Nene Park
Frequently Asked Questions

1. Q. Does the Trust still exist? A. Yes

2. Q. Am I still a member? A.
Yes, your membership remains in place.

3. Q. Will I still have to pay £15 to be a member of the Trust or will the price rise?
A. The £15 fee has been in place for the first two years. We will review the fee for next year nearer the time.

4. Q. What will happen to the money from the Trust supporters?
A. As at present the funds generated by the supporters through the Trust are used to run the Trust and will be allocated to projects to support the club or fans.

5. Q. What role do you see the Trust playing, if any and will we still need the volunteers?
A. The Trust will continue to operate in the future to support the Football Club. In terms of the excellent work done by the volunteers Keith has made it clear from the outset that he very much supports their role and wants to see that continue.

6. Q. What does this mean for the future level of influence of the Trust in the management of the Club going forward?
A. The Trust will nominate two directors onto the football club executive committee. We have agreed not to appoint directors to the FC board because this puts those people in a personally impossible position with regard to taking responsibility for a company losing a lot of money. For the same reason we have decided that we do not want membership of the FC.

7. Q. As an investor in the Trust, do I not receive a share of the purchase price?
A. No. The real situation is that Keith is investing money into the football club and taking responsibility for the operating losses. In any event, the Trust rules prevent such a distribution to its members.

8. Q. What happens if a new owner brings in a partner of whom the fans or FC Board Trust representatives - for some reason - do not approve?
A. At the end of the day Keith will be able to work with whoever he sees fit. However, the club board is obliged to make decisions that are in the best interests of all the owners. Under the agreement we have reached this includes the Trust as owners of part of the club.

9. Q. In the new situation what will be the role of the Trust and its elected Board?
A. The Trust will remain in place and will continue to raise funds for the club; it will also nominate two directors to the football club executive committee. The current Trust Board members have been elected for a three-year period and will remain in position.

10. Q. Will there be a discount on season tickets for Trust members?
A. The football club will confirm any discount for Trust members next year when prices are set for next season.

11. Q. What would have happened without Keith’s investment?
A. It is almost inevitable that the club would enter administration because the costs are too high in relation to the income. This could lead to the transfer of the club to alternative parties where the Trust would have no influence in the ongoing running of the club.

12. Q.I understand that when the club transferred to the Trust the Griggs group put a clause in the contract protecting football at Nene Park; is this still in place?
A. The clause still exists subject to negotiation. It should be pointed out that there are some conflicting issues over the clause and in its current form it does restrict the club’s ability to generate additional funds from the assets. As part of the deal the Trust has done with Keith the club is guaranteed the right to play at Nene Park for as long as it is appropriate to do so.

13. Q. What happens to Helen Thompson?
A. Helen will resign as a director of the football club board, along with her fellow directors.

14. Q. Will Max Griggs remain as Life President?
A. Yes, it is expected he will choose to continue in his role as a fitting tribute to his vision.

15. Q. Why have the ET and BBC been quoting people close to the club and getting their facts so wrong?
A. Often at times like this the press and media are passed information from people who do not have the facts. Sometimes this information becomes translated into facts and exclusives – the more they guess the better the chances they have of being near the truth!

Keith Cousins
1. Q. How much has he invested?
A. Keith has invested substantial funds into the club. However, this club is and will remain in a serious financial position and it will only be through a great deal of hard work by all parties that will ensure the club maintains the standards that this club so deserves.

2. Q. What plans does he have for the football club?
A. To work towards a return to The Football League.

3. Q. What plans does he have for the land?
A. Any plans for the available land will be to support the football club by generating additional revenue streams.

4. Q. Does he want to build on the land?
A. See above

5. Q. Why is Keith doing this? How is he expecting to get any return for his money?
A. Keith is a businessman interested in football and has identified strong opportunities for growth at Nene Park by capitalising on better utilisation of the club’s excellent facilities.

6. Q. Who is the new Manager and has Keith approved?
A. Keith will be appointing his own manager shortly!

7. Q. Assuming that Keith and his nominees will hold the power, how will he balance our need to survive with our community aspirations?
A. We are a community club and we will continue to be so. The Trust will be an integral part of Rushden and Diamonds and will also have two directors on the football club executive committee. Equally the volunteers will still be needed to run the club and continue the excellent work they have been doing for the last two years and beyond.

8. Q. What guarantees exist regarding maintaining the future of football at Nene Park?
A. The deal has been structured around ensuring football is played at Nene Park. Indeed the ambition is to get the club back into The Football League.

9. Q. Will any of the present people running the Club still be involved? Who and in what roles?
A. The existing football club directors will resign their positions on the football club board. The Trust will nominate two representatives to an executive committee of the club.

10. Q. On the playing front, are you going to bring in players that can get us out of the Nationwide Conference?
A. We will be looking at providing additional playing resources to help the club progress towards the league.

11. Q. Will my Season ticket still be valid?
A. Yes. Your season ticket is valid all season and we very much hope you will be eager to purchase one for next year as well!

12. Q. Who will set the season ticket prices?
A. This will be a matter for the board as we prepare our business plan for next season.

13. Q. Is the aim to get back into the League and move upwards?
A. Absolutely. This club has all the ingredients to become a successful League club. When we look at the facilities here we don’t think we will have any problems attracting quality players.

14. Q. Will there be a vote?
A. Not in terms of running the football club. It is, however, intended to offer a vote to all eligible Trust members on some of the details surrounding the deal.

15. Q. Does the deal affect the Sports and Exhibition Centre?
A. Not really. A third party owns the Centre and the club currently rents some of its facilities that may or may not continue.

Sponsors/ Corporate Guests
1. Q. Will you be honouring our contract?
A. Yes, without a doubt. Indeed we will be looking to extend your involvement in future years.

2. Q. Will my box still be available?
A. Yes, no changes are planned; you have purchased your box for the season and that remains the same. We really hope you will be able to continue to support the team in this way for many seasons to come.

3. Q. Will I be paying more for my box next season?
A. Like all prices, including season tickets, this will be decided when we set our business plan for next season. We will however, strive to give you an excellent package that is real value to you as sponsors.

4. Q. Will the catering improve?
A. There is clearly a feeling that the current quality of catering is not good enough. We will be discussing this with the contractors as a matter of urgency.

5. Q.I have never taken up corporate hospitality before; will there be opportunities to do so?
A. Yes please. We will be very pleased to provide you with a superb corporate hospitality package for both you and your guests for the rest of this season.

6. Q. I’ve booked my works Christmas party at Nene Park, will this go ahead?
A. We can see no reason why this will not be the case. Indeed we would hope that you will return to watch the football in the future.


© Rushden & Diamonds Supporters Trust 2005