Glentoran Football Club can confirm that East (No.1) Limited has increased its shareholding from 85% to approximately 95%, as part of a long-term strategy to enable significantly greater investment in the club’s future – both on and off the pitch.
This follows the outcome of tonight’s Extraordinary General Meeting (EGM), at which shareholders of GFC1882 Limited voted in favour of the proposed share transfer.
Under the revised structure, GFC1882 Ltd will retain a 5% stake in the club, ensuring that supporters continue to hold a meaningful share and preserving their vital role in supporting the club’s governance and protecting the long-term interests of all shareholders.
Commenting on the announcement, Ali Pour, Director of East (No.1) Limited, said: “This development strengthens my long-term commitment to Glentoran Football Club and provides a platform to accelerate targeted investment across all areas of the club.

“By increasing my shareholding, I can focus on key priorities – from infrastructure and facilities to squad development – while enhancing revenue generation, improving operational efficiency and building a sustainable model for future success.

“Crucially, I remain committed to ensuring supporters retain a meaningful stake and voice in the club’s future.”