Hardy said "Ilkeston Town will have its own corporate governance, with separate directors, financial structure and accountability,
''Naturally, as would be the case between any professional and semi-professional football clubs, there will be an opportunity for transactions when it comes to such things as the loaning of players, sharing of expertise and so on.
"However, it is essential that any dealings between the two clubs are carried out with the best interests of their respective stakeholders in mind."