Geoff Brown To Donate Proceeds From Sale Of Club To Community Trust
First Team

Geoff Brown To Donate Proceeds From Sale Of Club To Community Trust

9th December 2022

Geoff Brown To Donate Proceeds From Sale Of Club To Community Trust

Geoff Brown is selling his shareholding in the Football Club and will donate the net proceeds to the St Johnstone Community Trust.

Geoff took control of Saints in 1986 and completely transformed us, building a brand-new stadium at McDiarmid Park and putting in a solid financial structure that has stood the test of time.

His amazing gesture to donate the proceeds to the Trust will leave a lasting legacy for the Brown family in the city of Perth.

If a sale is not finalised by May 31st next year, Geoff will succeed his son, Steve, as Chairman.

Geoff said: "With Steve announcing that he will be stepping down as Chairman on 31st May 2023, I will temporarily take on the role as Chairman from 1st June 2023. 

"I would like to place on record my thanks to Steve for his tireless efforts during his chairmanship of the club, within which time we have enjoyed unparalleled success, including winning three major trophies, and playing in European competition on countless occasions.

"I can also announce that I am looking to sell my shareholding in St Johnstone Football Club with a view to handing the running of the club over when the sale is complete.

"As those that know me well will attest to, my ownership of St Johnstone Football Club has never been about the money. 

"It has been a labour of love that, at the heart of it, has been an ongoing mission to ensure the stability and financial viability of the football club whilst always striving to achieve success on the park.

"It is therefore my intention that the net proceeds from the sale of my shareholding will be put towards building a community hub for the St Johnstone Community Trust, for the benefit of the football club and the local community.  

"Whilst not without its many challenges, I will always look back on my 37 years as majority shareholder of St Johnstone Football Club with fondness and, with the building of the community hub, I am keen to ensure a legacy that will be enjoyed by many for generations to come."

 

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