Formation
The formation of a Supporters' Trust with a view to take control of Stockport County began in early 2005 by former Trust chairman David Hoyle when then owner Brian Kennedy revealed he wished to sell the club. The Trust made a formal offer to take control of the club in early March 2005 and after three months of negotiations and some last minute hindrances, the Trust took control of Stockport County on 8 July 2005. The club started with few assets, Kennedy having repossessed Edgeley Park, previously County's main asset, for his Rugby Union club Sale Sharks.
The club had little assets and very little finances, and the Trust signed a contract with Brian Kennedy to remain at Edgeley Park, which left the club with very little revenue streams. Therefore, a loan was taken out in July 2008 which eventually led to the club entering administration and the downfall of the trust.
Read more about this topic: Stockport County Supporters' Co-operative
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