The Football Club LLC (TFC) is pleased to announce that it has issued a Letter of Intent
(LOI) to purchase Rochdale AFC, a historic football club based in Rochdale, England.
TFC is a collective of professionals from the U.S. and U.K. with a love of football and
expertise in management, property development, tech entrepreneurship, finance, data
science, business development, law, marketing, and more. It is led by two passionate
footballers Justin Corrado and David Dwyer.
“Rochdale AFC has a storied legacy and a loyal fanbase, including devoted shareholders
who have made a sacrifice in support of their club,” said Justin Corrado, Managing
Partner of TFC. “Our goal is to rejuvenate Rochdale AFC in partnership with the fans and
community. TFC proposes to provide financial investment, support for players and
coaches, and to put a football and business plan in place that will drive results on the
pitch.”
TFC looks forward to releasing more information on its strategy for the club on 14
March 2024. It includes a plan to return 5% of the club’s shares to the Dale Trust. They
also plan to grant the Dale Trust a golden share, which would allow them to protect the
name, colors, and badge of the club in perpetuity.
Justin and David worked with club leadership to develop their proposal over two
months. In addition, they spent time in Rochdale in early February attending a match,
meeting the club directors, and watching the team train. They look forward to returning
to discuss their proposal and expand on their plans for the club with the board and the
Dale Trust.
“As a Lancashire lad, I first stepped into Spotland when I was 10 to watch Dale play
Manchester United. I recently attended the games against Dag & Redbridge and
Wealdstone. I’ll be in the Sandy Lane End on Saturday, and I’m particularly looking
forward to the away game at Oldham on 6 April,” said David Dwyer, Partner at TFC.
Adding, “TFC isn’t driving a bottom line-based strategy across a portfolio of clubs –
we’re a group of business leaders who prioritize transparency and accountability who
are committed to seeing Rochdale AFC succeed.”
Questions and media inquiries can be directed to contact@thefootballclubllc.com