Fisher pulls out of HTFC rescue consortium

Huddersfield Town story posted by Garfield (Admin) on 26/06/2003
Huddersfield Town's prospective chairman, Terry Fisher, has pulled out of the rescue consortium. This only a week after the Company Voluntary Agreement (CVA) was approved by the shareholders and creditors of Huddersfield Town.Fisher pulls out of HTFC rescue consortium

Over the last few weeks there has been speculation over whether or not Terry Fisher would be a part of the terriers' future. Some rumours suggest that Fisher and Davy may have had a falling out over the appointment of a new manager. However, according to Mr. Fisher, the reason he has stepped out is because of his commitments in Spain. whatever the reason is, Terry Fisher is no longer a part of the club's rescue consortium, that's for certain.

Mr. Fisher spoke earlier on today about his decision to bow out of the consortium. He said: "This has been an extremely difficult decision for me, but I feel it is the right one for both me and for Huddersfield Town. I came back here to prevent the club I love being liquidated and I feel that job is now done."

"We are out of administration and I have done a lot of work behind the scenes to put a management team in place both on and off the field and I feel that Huddersfield Town has a bright future based on solid financial grounds."

"There has been a tremendous amount of effort gone into what we have accomplished over the past month - so much so that I have realised that this great club needs a chairman that is able to give it full time commitment. As my business interests and family commitments are in Spain, I feel I would not be able to commit fully to the job."

"I would like to thank Martin Byrne for all his help and support and under Ken Davy's leadership I am convinced that the club is in financially safe hands. I will go back to Spain in safe knowledge that Huddersfield Town AFC will not only survive, but will prosper and I wish everyone at the club every success in the future. I will hopefully be back at the McAlpine next season to watch Town and see how things have progressed."

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