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American group complete investment in Dagenham and Redbridge

14
Sep
2018

(PHOTO: Dagenham and Redbridge FC)

Dagenham and Redbridge have confirmed an American entity have completed the purchase of the majority of their shares.

Victoria Road Football, LLC, is a new company made up of Peter B, Freund, Craig Unger and former Premier League goalkeeper Tim Howard.

It means Dagenham & Redbridge FC Ltd, retain their portion of Dagenham & Redbridge FC 2017 Ltd with Directors David Bennett and Stephen Thompson also retaining their original holdings of the club.

The new consortium has already had a successful launch of professional soccer in Memphis, TN with the United Soccer League’s Memphis 901 FC, a division II club.

Peter Freund will serve as the club’s new Executive Chairman.

He released a statement saying: “When I first visited Victoria Road this summer for a friendly against Cambridge, and having come back for the match against Hartlepool, I was captivated by the incredible passion shown by the Daggers supporters. I consider my ability to come in and help this club, which has roots dating back to the 1880’s, as a privilege and will do everything I can to solidify it this season and give us a chance to return to the Football League in the future.

“I made a point to meet with Peter Taylor on both occasions and he has my full confidence to lead this club now and into the future.

“Along with Craig Unger, who serves as President of our United States Soccer Club, former Premier League goalkeeper and American soccer star Tim Howard and Managing Director, Steve Thompson, I am excited to roll up my sleeves, continue to build on the tradition and history of this club, and create an environment at the ground which generations of supporters will continue to be proud of.”

The club have faced financial issues since Glyn Hopkin stepped away from the club.

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