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Kidderminster in new investor talks after fans trust raises £10,000

Kidderminster Harriers are in talks with new potential investors after supporter group KHIST along with two benefactors helped the club fight off administration.

Kidderminster Harriers Independent Supporters Trust raised over £10,000 in 24 hours whilst former chairman Barry Norgrove and ex director Neil Savery gave money to pay the outstanding staff wage bill.  

Harriers, who play in the Blue Square Bet Premier, owed around £155,000 with the recent donations holding off a Company Voluntary Agreement.  A statement on the clubs official site refused to reveal details of the potential investors.

"Discussions are taking place with potential new investors. All parties have agreed to a strict confidentiality agreement whilst a short period of due diligence takes place," the statement read.

KHIST used social media sites Twitter and Facebook to raise the funds asking people to donate £1 towards the club’s survival.

 

Scott Hobro

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