Members of the Blue and Gold Supporters’ Trust have agreed to proceed with the purchase of a 3% shareholding in King’s Lynn Town Football Club.
The agreement has been reached following a decisive vote by its members.
Under the proposal, the Trust will now acquire a 3% shareholding in Lynn FC in exchange for a contribution of £31,000, with Turn Sports Investments holding the remaining 97%.
All future funding by both TSI and the Trust will be made via equity.
For the 2025/26 season, it is projected that the club will require a further minimum funding of around £240,000. On a pro-rata basis, the Trust contribution would amount to at least £7,200.
In a recent ballot, 93 Trust members – representing 73% of the total membership – took part in the vote on the proposed investment.
A strong majority of 82% (77 members) voted in favour, with 17% (16 members) voting against.
The result gives the Trust’s board a clear mandate to complete the share purchase, marking a significant step in the Trust’s involvement in the future direction of the club.
A board meeting will be held shortly to finalise the next stages of the acquisition process, after which members will receive an update.
In a statement to its members, the Trust said: “We thank all members who took the time to consider this important proposal. This was a major decision that will shape the future of the Trust.
“The move comes at a time of growing optimism around The Walks, with a ‘reset’ at King’s Lynn Town FC well underway.
“A surge in pitch-side advertising and a recently announced partnership with Alive Leisure reflect an increased level of engagement with the local community.”
With momentum building both on and off the pitch, the Trust encouraged local businesses to get involved in sponsorship or advertising opportunities.
Interested parties should contact: new@kltown.co.uk
