Darlington’s chief executive officer and club chairman David Johnston has purchased an equity stake in the club.

Johnston, who has been the club’s CEO since 2017, will be a minority shareholder alongside the other individual shareholders and the Darlington FC Supporters Group, the majority owner. Johnston has converted his outstanding £10,000 director’s loan into equity, and in accordance with the special resolution passed at the 2019 AGM, has converted another £40,000 loan into equity, taking his total investment to £50,000.

DFCSG, the fans ownership group, will continue to be the majority shareholders of Darlington FC, with 76.3% of the equity and 78.8% voting rights.

Read more: https://darlingtonfc.co.uk/news/official-club-announcement-david-johnston-purchases-a-minority-stake-in-darlington-fc

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