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Motherwell board recommend voting for Barmack's investment proposal

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The Fir Park board say Barmacks' offer, working in partnership with the Well Society, gives them the best chance of securing regular and certain funding, as well as significant new sources of income

Motherwell's board have recommended that shareholders vote for Erik and Courtney Barmack's investment proposal which has caused some consternation at the club.

Motherwell's board had revealed plans for a £1.95million cash injection which would have seen control of the club shift to Wild Sheep Sports and ultimately end a period of fan ownership. It read: "Within the Barmacks' and the Well Society's business plans, there are lots of interesting ideas. We welcome both. Having studied both at length, it is our view that combining these ideas, locally and internationally, gives us the best chance of broadening our reach and appeal, and therefore generating additional revenues."

"A buy-back option for the WS which is built in as a safety measure. No external debt to burden the club's future finances.

 

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