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Next Game: Rushall At Home In The League On Saturday 30th November At 3.00pm

Thursday, October 06, 2022

Worcester Warriors - A Guardian Investigation - And Jed McCrory

Yesterday the Guardian published an investigation into what has been going on at Worcester Warriors.

https://www.theguardian.com/sport/2022/oct/05/worcester-warriors-the-inside-story-of-a-rugby-clubs-demise?CMP=Share_iOSApp_Other

It's a very interesting read not only because it's close to Hereford and in some ways a reminder of the last days of Hereford United but also because of the characters involved including one Jed McCrory, a former director of Swindon Town and various other minor-league football clubs, who met former Hereford United chairman David Keyte in March 2014.

A look back:

McCrory became known to Hereford supporters when BN revealed that he had met former chairman David Keyte in March 2014.

Later it was revealed that McCrory along with Keyte had met Geoff Hughes from Herefordshire Council on February 24th 2014.

For reference here's an article published by BN on March 19th 2014

It's understood that one of the two possible investors in Hereford United that have talked to chairman David Keyte is a consortium headed by Jed McCrory who has been involved with Swindon Town.
 
It's not known whether talks are continuing but it is known that McCrory has been in Hereford in the last week.
 
BN was told of his interest over two weeks ago and posted a 'speculative' article mentioning McCrory on March 3rd.
 
The following morning BN was contacted by someone close to the club and asked to take the article down. BN refused citing the view that taking the article down would provoke more not less interest in what had been written.
 
This week another person close to the club asked BN how they had heard about McCrory's interest. Suffice it to say it appears that the name was talked about in the VP club after the home game against Wrexham.
 
Another name is that of Jed McCrory formerly chairman of Swindon and before that 'owner' of Banbury Town. 43 year old McCrory recently tried to buy into Kidderminster Town but failed.

McCrory was chairman of Swindon Town until he sold his stake to Lee Power. The Evesham based businessman led a consortium, Seebeck 87, which purchased 99% of Swindon from BetFair co-founder Andrew Black just over twelve months ago. However Power bought some of McCrory's shares last April and the remainder in December.
 
Whilst buying Swindon, McCrory was also talking to Cheltenham according to the Bath Chronicle.
 
"We did have an approach from the consortium who are now at Swindon, but we weren't convinced and you have to be very careful. You have to be very thorough with your due diligence and the fact they wanted to become the controlling stake holders was a problem," said chairman Paul Baker.

Not long after McCrory met Kidderminster chairman, at the time, Mark Serrell. However, later, the board of directors at Aggborough turned down McCrory despite his claim to be have access to £5m of funds possibly from a company called iQuest Capital Ltd who are based in Cheshire.

"The board did meet with Jed and he put his proposal to us which we decided to decline," said Ken Rae the new Kidderminster chairman.
 
McCrory has also looked at a takeover of Barnsley.
 
In late January it was suggested by the Barnsley Chronicle that a deal to buy the club for £5M could be 'just days away'. But it didn't happen.
 
Owner Patrick Cryne later said he would only sell to someone who he believed would build the club in the future.