Cambridge United Co-Owners Increase Shareholding in Club

Cambridge United, currently in their fourth consecutive season in League One, has seen its co-owners, Paul Barry and Mark Green, expand their ownership stake. They each acquired half of the 10% shareholding previously held by Adam Webb. This transaction results in Barry’s ownership increasing to 75.01% of the club, with Green holding the remaining 24.99%. Barry has held the position of majority shareholder at the Cledara Abbey Stadium for the last five years. Barry stated, “Earlier this year, Adam became the majority owner of St Johnstone FC so we have all agreed that this is the right moment for both parties for him to concentrate all his support and focus on this new project.” He further elaborated, “Alongside Mark, he approached me with a proposal to take a minority ownership stake in Cambridge United at what was a critical moment during the pandemic. Their financial support has been not only important in helping us stabilise as a football club but also in allowing us to move forward on and off the pitch.” Barry expressed his satisfaction that Green will continue to collaborate with him in managing the club. He added, “Together with the board and staff, we will continue to modernise, develop and steward the club on behalf of our fans in a financially sustainable way.” Cambridge currently occupies the 21st position in League One, though they have secured victories in their last three games under the leadership of boss Garry Monk, who was appointed in March. Their next fixture is scheduled for Saturday, an away game against National League club Woking in the first round of the FA Cup.