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Last Updated: Friday, 28 October 2005, 17:10 GMT 18:10 UK
Fans to decide on Cherries future
Bournemouth's Dean Court stadium
Fans will decide whether Dean Court is sold and leased back
Members of Bournemouth's supporters' trust are set to vote on a proposal to sell their stadium to a property company for 3.5m and lease it back.

The Community Mutual (CM), which has over 2,500 members, holds two golden shares which have 51% voting rights in the League One club.

Ballot papers will be issued at a CM meeting on Friday, while members are also able to vote by post.

The club would use the money from the sale to pay off some of their debts.

CM chairman John Lewis said: "We believe this is the first time in UK football that fans have been given such a major say over the direction their club takes.

"We all have a big responsibility to take part in the process to decide our future."

Club chairman Peter Phillips has warned that the club could be forced into receivership if the refinancing proposal does not go through, because of debts owed to the Inland Revenue and other creditors.

However, the Cherries are still hopeful that a supporters' pension scheme could buy back the stadium from the new owner in the spring.


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