Raj Singh Statement
by Scott Thornberry - 23rd March 2012
Raj Singh has reacted angrily to claims he’s attempting to block DFC 1883’s takeover of Darlington Football Club.
Mr Singh has been working closely with the proposed community club in the hope Quakers can prevail.
He has asked for two conditions, which would not in any way jeopardise the community club’s proposed takeover, to be included in a potential CVA which, up until today, he was led to believe was progressing with solicitors.
In fact, Mr Singh spoke to the lawyer representing 1883 last week, and was shocked to hear of the so-called CVA deadline.
In a statement tonight, Mr Singh said: “I’ve simply asked for two conditions to be included in the CVA, which does not involve a new group paying a penny out of funds raised now or in the future.
“I’m simply protecting my interests going forward. I’m not preventing the CVA, I’m not blocking any deal, what I’m asking for does not affect the financial viability of the club going forward in any way whatsoever.
“I’ve been in negotiations with DFC 1883 over the last few weeks – the key members of whom I had the impression had agreed in principle to the two conditions – and I was expecting the CVA to come to fruition very soon, in order for 1883 to motor on with its rescue package.
“As usual, as with the dramatic developments on January 18, it’s a case of people jumping the gun and me getting the blame, when in actual fact I’ve been more than accommodating in resolving the issues with two or three separate offers that have come forward.
“It’s disappointing, but I will continue to do whatever I possibly can to make sure DFC 1883’s efforts are not wasted.”