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Volume 10 No. 22
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Third-Tier Football Club Up For Sale, But CEO Says It's Not About Money

League One Crawley Town CEO Richard Low said that owners are "not aiming to profit from selling the club," according to the BBC. The third-tier club confirmed that its owners were "ready to sell after three years in charge." Low said, "The owners realized it would cost an awful lot more than they thought it would to get promoted from League One. I genuinely believe if they found the right person to take the club forward making money wouldn't come into it." Crawley is currently owned by Susan Carter and her husband Ian, who run Gatwick-based company World Transhipment Services (BBC, 3/25). Low said, "This is not a 'fire sale'. The current owners are still extremely committed to the club and will not be reducing their financial support until I find new ownership. In my opinion this club is an attractive proposition. We have no debt and a strong partnership with a supportive local authority that helps support the growth of the football club" (PA, 3/23).