A business set up by the son and former wife of Canadian finance entrepreneur Lance Uggla has confirmed it has “taken on the stewardship” of Yeovil Town Football Club.
SU Glovers Limited lists Matthew Gordon Uggla and Julie-Ann Uggla as its only directors on Companies House, where filings show the business was incorporated just before Christmas.
In a statement released by the Somerset-based National League club ahead of its game against Altrincham on Tuesday (February 28), SU Glovers said it was “thrilled to announce that we have taken on the stewardship of Yeovil Town Football & Athletic Club Ltd and we are committed to working with the community to build a successful and thriving club.”
It went on to say: “We recognise that there have been historical tensions and issues, and we aim to work together with the community to address and fix those issues.
“Our vision for Yeovil Town is to create a club that is not only successful on the field, but also plays an integral role in the community. We believe that football has the power to bring people together and create positive change, and we are committed to making a positive impact in the Yeovil community.
“We understand that building trust and positive relationships takes time, and we are committed to being patient and persistent in our efforts. We are looking forward to working with the community and our fans to achieve our shared goals. We hope that you will join us on this journey. Thank you for your support and we can’t wait to see what we can achieve together.”
Matthew Uggla is also listed on Companies House as a director of London-based property investment firm Noctua London Limited.
His father Lance Uggla is the founder and former chief executive of financial information services firm Markit, later IHS Markit, which was acquired by S&P Global in 2020, in an all-stock deal, reported by the Reuters news agency to be worth $44bn.
Prior to the announcement on Tuesday, a parent holding company called Yeovil Town Holdings Ltd (YTHL) - owned by the club’s current chairman Scott Priestnall via another holding company called CV Leisure - owned Yeovil Football and Athletic Club Ltd (YFACL).
South Somerset District Council (SSDC) officially owns Yeovil Town’s home ground Huish Park after completing a £2.8m purchase last year, reportedly following financial difficulties at the club.
The 9,565 capacity ground and surrounding facilities are currently being leased back to the club, with SSDC saying it is not an owner or shareholder of the side, who are nicknamed the Glovers.
Yeovil Town were relegated from the English Football League at the end of the 2018-2019 campaign after a 16-season stay.
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