Grimsby Town Football Club’s former ex chairman Mike Parker is set to bring his investment in the Blue Square Bet Premier Club beyond the £1m despite resigning from the club’s board last week.
Parker had cited frustrations with the decision making process claiming there was ‘not the appetite for change at board level which I had hoped’ in a statement last week.
But speaking to BBC Humberside he confirmed he would be placing additional funds into the club.
Parker said: "I've made a formal application for the shares and I've had a verbal acceptance of that offer.
"It's still got to happen in terms of the issuing of those shares but I don't foresee any problems with that.
"Clearly I will remain a substantial shareholder in the club and I will continue to work in its best interests. At this stage, I see this being best done from outside the boardroom, rather than within it. As a lifelong fan I will always have the best interests of the club at heart and hope for every success in the future."