MEMBERS of York City's Supporters' Trust have voted overwhelmingly in favour of selling a further 24 per cent of shares to co-owners Matt and Julie-Anne Uggla.
At a meeting held last night, a staggering 94.47 per cent voted in favour of the move, which will see the Uggla's shareholding in the club increase to 75 per cent.
71 per cent of members participated in the vote, with just 33 voting against the sale of shares.
The shares will now be transferred to the Uggla's for a cost of £112,000, which the Trust say will be used in part to pay a tax bill following the transfer of shares last year and repayments on loans taken out by supporters to assist in paying club wages.
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Supporters' Trust chairman Seth Sowerby thanked those who turned out to vote in a statement on X (formerly Twitter).
He said: "Thank you to everyone who voted.
"Whether you were in favour of the motion or against the motion, the most important thing was that your voice was heard.
"As a Supporters' Trust, we are only strong when our members speak."
The Uggla's purchased a 51 per cent stake in York City from Glen Henderson in late June, and have since invested over £2.5 million into the club.
Both a formal Special General Meeting and public presentation by 394 Sports and the Uggla's, in which they outlined their plans for the future of the football club, have been held over recent weeks.
A fan forum also took place with Matt Uggla and manager Neal Ardley at the LNER Community Stadium on Tuesday evening.
Supporters' Trust members were also presented with a pack containing a Share Purchase Agreement detailing the sale of an additional 24 per cent 'B' Shares to Julie-Anne Uggla, a formal Partnership Agreement clearly defining the roles and responsibilities between the Supporters' Trust and Matt and Julie-Anne Uggla, before last night's vote was held.
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