Motherwell: Ex-Netflix vice president Erik Barmack withdraws investment offer

Former Netflix vice president Erik Barmack has withdrawn his offer of investment into Motherwell, with the club admitting the proposal was 'creating significant divisions within the fanbase'. In January the fan-owned club started a search for external investment with a viral tongue-in-cheek Taylor Swift inspired video. Following various proposals, chairman Jim McMahon and the board recommended shareholders accept a £1.

'We've also been clear that partnership means just that, not investment at any cost. 'Well Society members and Motherwell fans have been clear on the need for change and we agree. As we reflect on today's developments, now is the time for a significant reset in the relationship between the Club Board, the Well Society Board, Society members, and the Motherwell fanbase as a whole.

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Erik Barmack's Motherwell investment offer withdrawn mid-voteErik and Courtney Barmack withdraw their offer of investment in Motherwell, citing fears over the proposal creating 'significant divisions within the fanbase'.
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Motherwell board recommend voting for Barmack's investment proposalThe 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
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