BANBURY UNITED are the latest Non-League club to become fan-owned after their takeover was completed.
Supporters led by the Community Benefit Society have transferred the ownership of the club and it has been ratified by the Football Association, Oxfordshire Football Association and the Southern League.
The Community Benefit Society will now have control of the club and this will initially be overseen by the Interim Steering Group which has lead the process for the takeover.
Elections for a management board are scheduled to be held in November 2015.
Banbury United supporters club chairman and Interim Steering Group member Stephen Barlow said: “After months of hard work on the project it is fantastic to see the ownership of our great club in the hands of those who care about it the most, the supporters.
“The club has experienced some tough times in the past few years but, with the backing of supporters and the Banbury community, we are confident we can make Banbury United a club the town can be proud of.”
