Hampton & Richmond FC is delighted to announce that Ramayana Ventures Limited (RVL), parent company of the Club, will convert its loan of c. £1.4m into equity. The conversion will further strengthen the Club’s balance sheet making it essentially debt-free. 

At the time of the acquisition of the Club by RVL, the group of US and European investors led by RVL made an initial cash injection of £1.4m to deliver essential infrastructure and stadium upgrades and to initiate the first phase of the Club’s growth plan. This essential cash injection was provided at the time as an interest free loan.  

RVL is committed to the ongoing success of the club both on and off the pitch, and strengthening the balance sheet is key to continuing to attract capital and making it available for core strategic initiatives to further the Club’s sustainability and growing role within the community. 

Rafaele and Stefano Petruzzo said “We are very thankful for the commitment that Ramayana's investors/owners have shown to the Club since December 2022. Their funds have made all the recent investment into the Beavers possible and by effectively agreeing to write off their loan to the Club they are strengthening the Club for the future. Their funds have transformed the Club and have made a positive impact on the Hampton & Richmond community, from enabling the Movember partnership to providing paid jobs to youth, and revenue opportunities to local family-owned businesses. May their active participation and support for the Club continue long into the future." 

Club vice-chairman, Ben Hudson commented, “Our owners put their money where their mouth is and consistently demonstrate their commitment to the Club.  Anybody that engages with our club will have seen the dramatic transformation we have achieved in 12 months, ranging from our best-in-class media content, to the upgraded facilities and player squad - fans are undoubtedly benefiting from this transformation including renewed excitement towards our play-offs run.” 

Previous post
Next post