This from Telford:
AFC Telford United are delighted to announce the exciting news that a US consortium, comprised of 15 successful businessmen led by Shropshire born Chris Ball, has purchased a 21% share of the football club.
This is a very welcome investment and helps hugely in ensuring a sustainable future for AFC Telford United. Chris Ball will join the Club Board and attend our monthly board meetings.
Ian Dosser, Interim Chairman of AFC Telford United said, "This investment from the US consortium materially adds to the sustainability of AFC Telford United. I have known Chris Ball since 2016 and I am very confident that Chris and his fellow investors will prove to be excellent shareholders and partners for AFC Telford United.
"This US consortium will bring a broad range of skills and commercial experience from their respective fields to the football club which will enhance the experienced management board already delivering excellent results. We are very much looking forward to working with our new US shareholders as we believe that this investment represents an exciting opportunity for the club."
Chris Ball said, "Being a “Shropshire Lad” and a huge football fan, I have been a lifelong supporter of AFC Telford United. I am thrilled, therefore, to have been able to put together a group of close friends, who all love football (“soccer” ) to make an investment in the club.
"In our minds, the football club has to be sustainable and must endeavour to operate on a breakeven or near breakeven basis. Success on and off the pitch are very much intertwined and our consortium is looking to be an active and engaged group of investors."