Page 15 - Real Rochdale Issue 23 August 2024
P. 15

Ogden family takes majority control of


 Rochdale AFC after £2m investment




 The Ogden family has become
 the majority shareholders of
 Rochdale Football Club
 following a £2 million
 takeover.


 The family, with deep roots in
 Rochdale, aims to guide the
 club back to the English
 Football League (EFL) within
 three years.

 The takeover was completed
 in May, after the family was
 confirmed as the preferred
 investors in late March.
 New board members Adam Saul and Jamie Willoughby (far left and far right) with
 Their investment totals £2   co-chairmen Cameron Ogden and Simon Gauge
 million, and they acquired
 nearly 6.9 million   behind this significant   director Richard Knight have
 newly-issued Class A ordinary   investment.  converted their outstanding
 shares, equating to roughly   loans to the club into shares.
 68% ownership.  Their charitable organisation,   Mr Gauge now owns 21%, Mr
 the Ogden Trust, which   Knight 2%, and the Dale
 In a move to protect the club’s   focuses on supporting the   Supporters Trust holds 1.6%.
 heritage, the Ogden family has   teaching and learning of
 committed to holding these   physics among under-  The remaining shares are
 shares for the sole benefit of   represented groups, has been   owned by past directors and
 the Rochdale AFC Community   actively involved in initiatives   supporters. Peter Ogden’s
 Trust.  within Rochdale schools.  children, Cameron, Edward,
 and Tiffany, each hold a 23%
 Additionally, following the   At a meeting following the   stake in the club.
 recommendations of the Fan   takeover, Cameron Ogden,
 Led Review, they will   the new co-chairman of   The key aspirations of the new
 introduce a “golden share” to   Rochdale AFC’s board of   board include:
 be held by the Dale   directors, expressed his
 Supporters Trust.  honour and privilege at being   •  To make the club
 part of the club.  sustainable within five
 This golden share will require   years, with or without
 the Trust’s consent before any   Also joining the board of   sporting success.
 changes can be made to the   directors are Adam Saul and   •  To achieve promotion to
 club’s name, colours, badge, or   Jamie Willoughby who both   the EFL within three years.
 the sale of its ground.  work for the Ogden family   •  To significantly increase the
 business.  social value the club brings
 Sir Peter Ogden and Lady   to the local community, via
 Catherine Ogden, both   Alongside the Ogden family,   the club and Community
 originally from Rochdale, are   co-chairman Simon Gauge and   Trust.

 REAL ROCHDALE - AUTUMN 2024  14                           15                    REAL ROCHDALE - AUTUMN 2024
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