A Special General Meeting (SGM) of the registered members of Hungerford Town
Football Club was convened at the clubhouse on Monday 15th April 2024 to discuss
the recall of an alleged personal loan to the club by the immediate past Chairman.

The former Chairman had demanded that his alleged loan be repaid by 30th of April
2024 or else he would instigate bankruptcy proceeding against the club. Given that
this posed an immediate threat to the very existence of the club, formed in 1886, the
Management Committee called the SGM in order to inform the membership of the
situation, and also give the former Chairman an opportunity to address the
membership.

Following a secret ballot, the members of the club decided by a majority vote that
the sum of money given to the club by the former Chairman was not an approved
loan according to the club’s constitution, and that there was therefore no obligation
to repay this money. However, the members also mandated the Management
Committee to keep the lines of communication open with the former Chairman and
to try to find an amicable way forward for both parties.

The club now looks forward to supporting our manager and players in their bid to
win their last two Southern League Premier South fixtures, and beyond that planning
for next season.

The HTFC Management Committee