Express & Star

Harriers outline club's asking price

Kidderminster Harriers are looking for an annual injection of around six-figures to let the club change ownership after putting it up for sale.

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Kidderminster Harriers are looking for an annual injection of around six-figures to let the club change ownership after putting it up for sale.

Harriers could initially change hands for nothing, but any potential buyer would have to sign an iron-clad contract of a starting figure they would bring to the club over a sustained period.

To make a significant splash in the pool of resources from now until the end of the season would take at least £50,000, with another substantial cash influx needed in the summer.

That is what chairman Barry Norgrove believes it will take for Harriers to properly go forward and compete in the Blue Square Premier, as he puts in motion his own plans to faze himself out of the picture after five years in the role.

The Aggborough ground is owned by Wyre Forest District Council but there are 40 years left on the lease and, significantly, the club have no big debts.

And Norgrove wants no personal return on his investment, which started with the £400,000 that his business consortium invested into the club to buy the controlling interest from Lionel Newton in 2005.

He said: "I just want someone who will take on Kidderminster Harriers and keep them safe.

"They would take over, we would have to sign our shares off and it would be theirs, but there would have to be a binding agreement to how much money they are going to put into the club.

"It has got to be a reasonable figure, because the club would never survive otherwise."

Norgrove has also confirmed he plans to stand down a chairman - regardless of whether the new regime want him to continue in the role.

The chairman feels that a completing change of the guard is necessary for a fresh start but is happy to stay on, for however long it takes, until the situation is resolved.

However, Norgrove is hoping that the club will have changed ownership by the end of the year.

He added: "I would rather somebody come in and take over completely, I think it's in the best interests of the football club.

"I have thought hard and long about it and the time is right now for a change.

"But there's no rush, I am going to take it slowly and get it right."

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