It feels somewhat amusing to hype up a vote involving Motherwell as history defining just days after a landmark general election - but here we are.
It all began with the club revealing details of the Barmack family's proposal. The Well Society board instantly opposed it. Douglas Dickie, who remains on the club's executive board, resigned as co-chair of the Well Society following their statement. The biggest change in the revised terms means the Well Society would now retain their majority shareholding, but the group feel Motherwell would be "fan-owned only in name".On the face of it, many will be wondering why a club like Motherwell would refuse investment from an ex-Netflix vice president and his wife Courtney, who is a senior director at Snapchat and has held a similar role at YouTube.
Barmack told BBC Scotland he would be "healthfully sceptical of outside investment" as a fan. He also said he did not want to "disempower" the Well Society, nor was he interested in a takeover of the club.Those terms have now been amended and the group's share would instead drop to 50.1%, but they believe "major risks" remain in the proposal.
But further questions have been raised about potential debt Motherwell could incur, with projected year-one initiatives estimated to cost over £1m after Wild Sheep have invested just £300,000.
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Proposed Motherwell investment rejected by Well SocietyMajority shareholder calls on proposed Motherwell investment to be rejected.
منبع: SunScotNational - 🏆 49. / 63 ادامه مطلب »
منبع: Daily_Record - 🏆 9. / 89 ادامه مطلب »
'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…
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منبع: Daily_Record - 🏆 9. / 89 ادامه مطلب »