Huw Jenkins: Newport County owner ‘open-minded’ on his future

Jenkins completed his takeover of the club – previously owned by the supports’ trust – in February 2024.

He previously told a fans forum he will have invested £3m of his own money by the end of the last campaign.

But in his two years in control, County have finished 20th and 22nd in League Two, avoiding relegation last season on the final day, and is already looking for his fourth manager after Christian Fuch’s resignation last month.

Jenkins said Fuchs told him he had no more to give after the stress of last season’s battle to stay in the football league and fresh investment would clearly boost County’s chances of avoiding another survival scrap.

But the 63-year-old says his own future as owner and chairman depends on the preferences of any new investors.

“I’m lucky, I’m open-minded either way,” he said, when asked whether he would prefer to sell up and walk away or stay on as part of any new ownership model.

“If it’s right for the club and somebody wants a full takeover and myself and the Trust feel that’s right, come and do it.

“If people want to become involved with the club, they want me to stay there and they think I can do a reasonable job by helping them, I’d stay.

“So we’ll see where it takes us and we’ll probably know more over the next few months.”

Jenkins says County could be regarded as a more affordable option to potential investors because they do not own their own ground or training venue.

County train at the University of South Wales and pay about £1m a year – from a turnover of £4.5m – to rugby club Dragons who own Rodney Parade.

“Any deal with Newport County would be cheaper than most because of that,” said Jenkins.

“Assets can become liabilities quickly in football and the deal to get involved with Newport County is nowhere near the level of what would be involved in other clubs because of things like the stadium and training ground.”