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When around 100 Huddersfield Town fans gathered outside the Galpharm stadium to protest about chairman Ken Davy’s lack of investment in the team after the 3-2 home defeat by Yeovil on September 16, many outside observers were confused. After all, this is the man who, in July 2003, had taken the club out of administration, thus saving the Terriers from extinction. Since the takeover, Huddersfield Town have gone from League Two to the League One play-offs in three seasons – so what is there to protest about? Davy is also chairman and owner of the Huddersfield Giants rugby league team. In March 2005 it was discovered that some 15 months earlier, Davy had transferred the 40 per cent share Town had in KSDL (the company managing the stadium) into another company, called Huddersfield Sporting Pride, which also contains the 20 per cent share the Giants owned. Then chief executive Andrew Watson claimed the reason for the transfer was to protect the football club from the £8 million liabilities the stadium company had. However, if the stadium is managed better than it had been previously, it will surely become a valuable asset to whoever owns it and, since December 2003, that does not include Town.
This, coupled with uncertainty surrounding how much money Town made last season from various windfall payments (an FA Cup tie at Worcester screened live on the BBC, an away tie at Chelsea in the third round, reaching the play-offs) and average home attendances of around 13,000, has led to supporter concern that not nearly enough is being put back into the team. Indeed, in December 2005, before all the windfalls happened, Davy claimed the club was self-sufficient and would have paid off the debt it owed to former players by this summer. From WSC 237 November 2006. What was happening this month On the subject...
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