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National League North club’s owner and chairman quits with side looking close to going bust

News has emerged yesterday that a National League North club’s owner and chairman has quit with the side reportedly looking close to going bust.

That man we’re talking about is former footballer Nick Hawkins who only took over at rock bottom Nuneaton Borough on the 2nd of November.

NUNEATON BOROUGH CLUB STATEMENT:

Nick Hawkins has stepped down as owner of Nuneaton Borough with immediate effect.

Having taken the club as far as he could, since taking control in the autumn, Mr. Hawkins has decided the future of the club would be best served in the hands of people from Nuneaton.

The shares in Borough Leisure Ltd., the parent company of the club, will be held in trust by Manager Jimmy Ginnelly until new shareholders can be found.

The club is completing a prospectus for interested parties and will be aiming to find 10 backers, who will take 10% of the shares each, for a rolling payment of £10,000 each season.

The finer details will be available, upon request, to all interested parties.

Mr. Hawkins will be appearing on BBC Coventry and Warwickshire at 6pm this evening (Tuesday the 12th of February 2019), to talk to Dave Sharpe about his tenure at Liberty Way.

He will not be listed as a creditor and does not hold any director loans to be repaid.

The club would like to thank Mr. Hawkins for his work and wish him the best for his future endeavours.

 

Since the news broke out, supporters have taken to the club’s social media accounts to give there thoughts with some suggested it could be the final nail in the coffin – take a look at what they’re saying on the next page.

(Featured photo by mrthomassmith on Instagram)

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