Weymouth On Verge Of Takeover

[Yellow_Fox]

From Dorset Echo :-

 

POP promoter Mel Bush is on the brink of completing a takeover deal for Weymouth Football Club after former chairman Ian Ridley withdrew his offer.

 

Bush, who is the father-in-law of Terras boss Jason Tindall, has been in intense negotiations with the club's current owner Martyn Harrison over the past week and is now just waiting for the hotelier to put pen to paper.

 

Full report available at

http://www.dorsetecho.co.uk/sport/sports...as_takeover.php

 

 

[Duke of York]

Good news for the Terra but it's a shame Ian Ridley withdrew his support. I think the club would make more speedy recovery with Ian on board.

 

 

[EFM The Firm, The Voice]

The only pop promotor I'd want with £2.5M debts would be Cowell or SAW

[Laz]

I have to agree that the £2.5 million debt is going to hamper and planned rescue. Shame. Hopefully, they'll go bust soon.

[Laz]

There is a press conference at 1PM today (Wednesday).

[Yellow_Fox]

Takeover has been confirmed

 

http://www.dorsetecho.co.uk/display.var.1486095.0.terras_deal_signed_sealed_and_delivered.php

 

 

[Uncle Urchin]

martyn has paid all the 3 million debt off.....??

 

all directors have resigned....

 

Chief executive Gary Calder said: "Jason is away in America at the moment but I am in constant contact with him and the players we want to sign and we hope to have some more news over the next few days."

 

[Yellow_Fox]

Originally Posted By: Uncle Urchin

martyn has paid all the 3 million debt off.....??

all directors have resigned....

Pigs fed and ready to fly .....

[Duke of York]

Originally Posted By: Yellow_Fox

Takeover has been confirmed

Great news! That was quite a recovery. It's a shame the same can't be said about Scarboro who faced a winding up order today.