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PRESS RELEASE: TRUST IN LUTON

Posted on: Fri 19 Oct 2007

Following recent comments, The Board of Luton Town Football Club today wishes to clarify its position regarding the above and the recent reference to a 'TIL seat on the Club Board'.

In order to clarify any misunderstanding the Club has already made it clear to TIL that for the time being it has no intention of appointing any new directors to the Board.TIL had a representative on the Board who resigned in January 2007 and since then there has been no representative nominated by TIL for consideration by the Board as a replacement.

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The Board understands that feelings may run deep on this issue, however, it is also conscious of its commitments and the sensitivities that surround the Club at the present time.In particular, the importance of any potential conflict of interests in respect of the Club's intended relocation and therefore it has to ensure that no other agendas are being pursued.

The Board is currently looking at ways of involving all of its supporters more in the Club and of increasing its communication to them on a regular basis.

Finally, in respect of TIL's request for further financial information to what has already been provided to them, the Chairman of the Club David Pinkney will be forwarding a communication to the Chair of TIL on this matter.

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