The club was founded on 23 June 2001 by the Enfield Supporters' Trust after Trust members considered that the regime in charge of Enfield no longer had the interests of the club at heart and lacked sufficient will to bring about the return of the club to its home town, having left Southbury Road in 1999. This followed the chairman of Enfield withdrawing from an outline agreement with the Supporters' Trust which would have seen the Trust take over the running of a debt-free club and receiving £100,000 from money from the sale of Southbury Road which was held in an escrow account by Enfield Council. The balance of over £600,000 would have been paid to the chairman.