Recent takeover for Raith Rovers brings welcome changes
It was formally announced earlier this month that the restructuring of Kirkcaldy club Raith Rovers FC has been concluded. New majority shareholder (and current Director) John Sim emphasised that the main aim of this takeover has been to simplify the ownership of RRFC, bringing stability to the club and putting it on a sounder financial footing.
As well as the transfer of shares to Mr Sim being concluded earlier this month, supporters groups have been consulted to advise on the progress of the takeover and to outline some of the plans for the future.
The home of the Rovers since the 1890s - Stark's Park – will undergo several changes, with work needing done on the Football Club’s hospitality operations to maximise matchday revenue amongst other things. There are also plans to install a state – of – the – art 4g artificial playing surface in time for the start of season 2018-19, to mitigate the costs associated with matches falling victim to foul weather in the winter months, as well as creating an additional income stream from hiring the pitch out to local sports clubs through the week. Additionally, Raith Rovers successful under 20’s Development side will be able to play all matches at Stark's Park as well as Raith Rovers Ladies and Girls football teams.
A key driver for the takeover has been the desire of Mr Sim and the Board of Raith Rovers FC for the club to be Community focussed and an asset to the town of Kirkcaldy. Alongside his interest in the team he has supported since 1960, Mr Sim is also involved in the Kings Theatre project, bringing the old cinema on Kirkcaldy’s High Street back to life, and the Old Kirk Trust of which his father was Minister.