Trust meeting with the Football Club LLC

Trust meeting with the Football Club LLC

8th March 2024

Further to the announcement of the letter of intent to buy the club, Managing Partner Justin Carrado and his UK based business partner, Dave Dwyer, invited the Trust Chair onto a Zoom call this evening.

Having previously met with Dave as part of his due diligence, the upbeat and positive nature on display at that meeting continued today.

We opened with a detailed discussion of what had happened at local clubs Bury and Oldham and there was a good understanding of these events.

8A more detailed statement from Justin and Dave has been promised for 14th March, but we were able to discuss how the club will be funded, the multi-year commitment to sustaining the club, developing the academy, and a level-headed approach to how to get the club back into the EFL without risking everything.

Justin was keen to explore the aspirations and expectations of Rochdale supporters, the initial thoughts being survival, sustainability and sensible progression, which all sat well with how Justin and Dave saw the future.

Justin expects to be over again soon for a game and, if the takeover is successful, the new ownership team intends to be at around 65% of games and will be visible at the training ground without intending to interfere in training.

Fan engagement was high on the agenda, with discussions held about the recommendations of the fan-led review, including a shadow board, and Justin is keen to involve the Trust in discussing and implementing improvements that we may identify going forward.

We will report on any further contact, which I am sure will happen in the very near future.