Trust members are to vote on whether or not "prefered bidder is the right fit" for club in historic takeover meeting at Rodney Parade.

 This Thursday is arguably the biggest day in the modern history of the club as valid trust members will decide in a historic meeting at Rodney Parade on whether or not ex Swansea City chairman Huw Jenkins will be successful in his attempted take over at Newport County. 

Both Colin Everett and club director Paul Marks joined Look Back In Amber for a chat in build up to the all important meeting and subsequent vote on whether or not it thinks Huw Jenkins' bid is the correct one for Newport County.

Colin Everett who has acted as a link between potential bidders and the board set out what exactly will the trust members in attendance on Thursday be voting on "They (Trust members) are being specifically asked to vote for or against the prefered bidder, the prefered bidder being Mr Huw Jenkins based on the proposal that we've put out already in the media that all trust members have had." 

"A number of people have asked questions about [the] process and if there's a second bidder could they also be available on the night that isn't the position, that isn't the process. We are not voting for the process on Thursday we are voting simply do people think that the prefered bidder is the right fit and if so then they know how to cast their vote." He continued 

"It's a big meeting, very important, a big meeting in terms of the number of people who will be there. We are expecting around 350 trust members to be present and also over 100 have appointed a proxy voter if they can't come they have appointed someone on their behalf. So logistically it's a big meeting to manage" Colin explained on how the meeting will look.

"The format will be, Paul is chairing and I'm (Colin) facilitating. Once we've done introductions and explained the background of the process, we will then explain why Huw Jenkins is the prefered bidder, what the board of directors saw in him and his experience and his proposal to pick him as the prefered bidder by unanimous voting at board level. Huw Jenkins will then be invited in and we want to give as much of Thursday night as we can to this slot where he'll talk and listen and answer questions and people can get to know him and hear it for real." 

"Mr Jenkins will then be asked to leave and at that point we conduct the ballot and we will be counting the votes on the night and we will be announcing and publicising the result on the night."

In order for the resolution to pass it must reach a 75% vote in favour Colin explains "The decision was made to set it at what you call and extraordinary resolution rather than what you call an ordinary one, the secret is in the title it does require three quarters of valid votes of people who are present or have voted by proxy for the resolution to be passed." 

"If there is a 75% or more vote in favour then Mr Jenkins becomes owner elect if I can use that term, he is the owner in waiting. I mentioned earlier he would have to go through the EFL acquisitions process which is quite a complex piece of work which is how the EFL regulates club's governance and ensures than owners are fit and proper people and we have no doubt that Mr Jenkins would pass that easily but it does take some weeks to get through that, and then he would become the new owner and would then be very visible and start directing the club in making decisions."

"If the vote isn't in favour of Mr Jenkins coming on board then of course we continue as we are. We are a trust owned club and I think Paul would agree at this point we would be in a position of some uncertainty. Some uncertainty in that it's not the direction that people felt we were going, this new hybrid model and some uncertainty because we would be left questioning ourselves how can we raise sufficient funds for this to be a competitive EFL league two club."        

Both Colin and Paul emphasis the importance of arriving early. Doors open from 6pm with the meeting hopefully getting underway from 7pm at Rodney Parade. They made an appeal "Please arrive no later than 6:30pm. We want to kick off by 7 and we have got a lot of people to register in and give information too"

I hope this has cleared some things up for you in the run up to Thursday and the all important meeting. If you want to listen to the full interview with Paul Marks and Colin Everett click here.