Sequentia Capital reveal in today’s Free Press their five-year plan to propel Doncaster Rovers into the Premier League.
In an exclusive interview with Kevin Phelan, the frontman of the Belize-based hedge fund, Sequentia say they have not given up hope of a multi-million pound takeover of the club.
Irishman Phelan tells us his investors are still prepared to pump a minimum of £20 million into squad strengthening.
The former Westferry agent also outlines plans to increase the capacity of the Keepmoat Stadium, create new jobs in and around the stadium and build the club’s overseas fan base.
Sequentia also plan to invest in Doncaster RLFC, Doncaster Rovers Belles and Doncaster Athletic Club to create a Doncaster sporting ‘super club’.
However, Phelan has warned Rovers that time is running out on his offer to ‘take the club to the next level’.
Talks between Rovers and Sequentia Capital broke down on the eve of the new season despite a Heads of Terms agreement being signed by both parties in June.
Phelan told the Free Press: “People might think ‘Doncaster Rovers in the Premier League?’ But why not?
“We were involved at Hull City in the late nineties and look at them now.
“We’re prepared to invest £20 million plus over the next three to five years.
“Our focus would be on the playing squad. We have a plan to get the club into the Premier League.
“We’ve been approached by other clubs since this all came out - some not far away from Doncaster.
“But I’m not interested in any other club.
“I have a long-standing affinity with Doncaster since 1997.
“I have sponsored games in the past and I’ve been over with family members to watch at the Keepmoat.
“There are a lot of people in Ireland who support this club and our aim would be to tap into that supporter base and expand it.
“I cannot keep holding out though.
“I thought this would have been all done and dusted for the start of the season, but unfortunately that hasn’t happened.”
For an extended interview with Kevin Phelan see this week’s Free Press.