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Page last updated at 16:48 GMT, Monday, 24 January 2011

Ex-Stockport chairman Elwood regrets selling club

Edgeley Park
Sale Sharks have been ground sharing with Stockport County since 2003

Former Stockport County chairman Brendan Elwood admits that he now regrets selling the club to Sale Sharks owner Brian Kennedy.

Elwood sold County in the summer of 2003, when Sale moved to Edgeley Park.

But County are now in a sad plight, in danger of a second successive relegation, after winning just 10 league games in two seasons.

"I wish I'd never met Mr Kennedy, I wish I'd never sold it to him," Elwood told BBC Radio Manchester.

"The deal I did with Mr Kennedy, which I thought would be the best deal for the football club and the town, unfortunately hasn't been the case.

"I wish I had advertised it and found a consortium of local businessmen with the financial means to take it forward."

After two years in charge, Kennedy did a deal with the Stockport County's Supporters' Trust in 2005 to take over the football club from Cheshire Sport, the company set up to run both County and Sale.

And the club enjoyed success in 2008 when, under Jim Gannon, County went back up to the third tier of English football via the play-offs.

But Stockport have fallen on hard times again, getting relegated after spending the whole of last season in administration.

The 2015 consortium, consisting of local business people, took over in the summer, bringing the club out of administration.

But results have continued to be poor, culminating in manager Paul Simpson's sacking on 4 January.

And they now stand 20th in the League Two table, just two points clear of danger, and fearful of going down to the Conference.

"It's a terrible situation," said Elwood. "I feel sorry for the present consortium.

"I really am so gutted and desperately disappointed that the football club could get in this position.

"The problems started when Mr Kennedy, for some reason, gave the club to the supporters' trust, people who had no experience and no money.

"I'm very, very despondent. I don't think anyone will come in and invest any money in Stockport County as they've got no assets or nothing to guarantees any investment.

"I feel it's only a matter of time before the football club disappears completely.

"The latest people who have taken over are doing their very best but are fighting a battle they cannot win."

BBC Radio Manchester contacted Sale Sharks, asking for a response from Brian Kennedy but he declined the request.



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see also
Stockport dismiss manager Simpson
04 Jan 11 |  Stockport
Stockport look to bring fans back
18 Jun 10 |  Stockport
County move closer to survival
14 May 10 |  Stockport
Stockport to be run by supporters
29 Apr 05 |  Stockport
Fans make offer to buy Stockport
09 Mar 05 |  Stockport
Sharks to merge with Stockport
02 May 03 |  English
Stockport reveal cash problems
20 Mar 03 |  Stockport


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