YORK City Supporters Trust board are considering a motion to hand over their 25 per cent stake in the football club to majority shareholders JM Packaging.

The Malton-based company's owner and City chairman Jason McGill has previously asked the Trust for ideas on how to raise the £1million he feels is needed to make the squad competitive during the next two years before the proposed move to the community stadium.

McGill has met the funding levels contractually agreed as part of his deal to take over ownership of the Minstermen in 2006 and Trust chairman Ian Hey has suggested any future investment from him would be dependent on a change in the club's ownership model.

An open forum, with Trust board members Hey and Martyn Jones, will discuss the latest developments on Tuesday with a 7.30pm start in the 1922 Bar at Bootham Crescent and the bar serving from 7pm.

Hey has stressed that any decision to give up the Trust's share in the club would be subject to a membership vote and, contrary to previous statements, the fans' group have just over 500 lifetime members and less than 50 who renew annually.

Having held discussions with McGill, Trust board chairman Hey said: "The long-standing main aim of the Supporters' Trust has been to help secure the long-term future of York City, for which it is essential for the club to have a permanent home within the city of York. The timeline for delivery of the new community stadium has extended well beyond original expectations and funding arrangements between the Trust and JM Packaging, but thankfully the new stadium is now set to open in 2018.

"Jason and the Trust share these common aims and, as part of meeting these objectives, discussions have continued around the amount and sources of funding required by the football club over the next couple of seasons until the new stadium is delivered. As part of that dialogue, consideration has been given to the possibility of the potential future transfer to JM Packaging of some or all of the Trust's 25 per cent shareholding in the club in return for the provision of the funding required through to when the new stadium is opened.

"This is not just about the financial aspects, but also about the leadership, stability and resources needed to fulfill the operational needs of a professional football club. Further discussions are planned, which will hopefully put the Trust board in a position to provide more information and make recommendations to the membership for consideration."