Luton Town Football Club 2020 Ltd (LTFC 2020) was formed in 2008 by a consortium of born-locally, passionate Luton Town supporters with the absolute objective of correcting the imbalances created by many years of previous mismanagement which led the Club into three administrations and ultimately condemned it to non-league football.
As the title indicates, the company is named after the year of the Club's re-birth; 2020 – thus giving itself twelve years from formation to position to get the Football Club back to what should be considered as its natural level in the pyramid and hierarchy of the English game.
The LTFC2020 board believes that a successful football club is not only one which can win trophies and titles but also one which is able to do so whilst embracing its supporters and engaging its community, conducting itself in the sporting spirit or fair-play and a socially inclusive moral code. The next generation of successful football clubs will be those that are able to ensure that the team, its commercial operations and, vitally, its fan-base pull together.
As part of a much larger mission statement, the document includes the board's ambition for the Club's style of football, and its youth development.