Pompey Trust put forward aims for the future

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Bradley Lethbridge. Picture: Colin Farmery

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Increasing membership is one of the key aims detailed in the Pompey Supporters’ Trust latest annual report.

At present the group contains 3,503 full members and 57 junior members.

In addition, the Trust owns £2.75m worth of shares in Pompey, equating to a 48.48-per-cent stake in the club.

Yet according to the Pompey Supporters’ Trust Annual Report 2015, boosting membership remains high on the agenda.

The report has been released ahead of tomorrow’s Trust AGM, to be held in the Victory Lounge at Fratton Park from 7pm.

And the group, who are in the process of choosing a chairman to replace the late Ken Malley, have detailed other aspirations ahead of what will be a sixth AGM since its formation.

The report states: ‘Although the new board has only just met for the first time it was clear what some of the key projects will be for the next year.

‘Increasing membership, community work and development of the youth group remain focus items.Alongside all of these topics is a willingness to learn from our European counterparts.

‘In addition, we will be working alongside PFC and the presidents to help define a longer-term strategy for the club, in particular around a future investment model and Fratton Park.

‘The membership must recognise that PFC is where all of investment and interest lies, with the PST board playing a major part in the direction of our club.’

The report also details the recent increase in its shareholding in Pompey, taking the shareholding to £2.75m.

This is a rise on the previous tally of 2,656 shares at 47.7 per cent.

The report added: ‘The recent acquisition of shares was at the existing price and funded by a combination of our direct debit shareholders maturing and the tidying up and subsequent closure of our investment account held by Verisona.

‘There has been some discussion of a revaluation of PFC share,s and although the PFC board did carry out a revaluation exercise, it is yet to adopt a new valuation and is unlikely to do so until such time as it might be required.’

Among the items to have made tomorrow’s agenda are the concept of a golden share, improving communications and the issue of co-option onto the Trust board.

Members can notify secretary Mark Farwell of proxy appointments and apologies on farwellma@gmail.com