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.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BBCMOTD - 🏆 103. / 51 Read more »
'Well Society best bet for Motherwell, not investment gambleThe 'Well Society have outlined their vision for Motherwell as they look to persuade shareholders that an investment proposal isn't in the club's…
Source: Glasgow_Times - 🏆 76. / 59 Read more »
Source: Daily_Record - 🏆 9. / 89 Read more »