The club's potential investment from a US-based family has raised concerns about the terms and conditions of the deal.
This is an excerpt from this week's Claret and Amber Alert, a free Motherwell newsletter written by Graeme McGarry that goes out every Thursday at 6pm. To sign up, clickthis week that the club have entered into a non-binding Heads of Terms with a US-based family hasn’t materially changed my viewpoint on potential investment, or really changed the situation as yet.
I, like many others I would guess, are not entirely against the idea of outside investment, but it all depends on what the club would be giving away in order to secure it. My red line would be the ceding of the ‘Well Society’s majority shareholding, but I also have misgivings about giving away any sort of shareholding in the club if that wasn’t in exchange for a commensurate level of investment. As yet, we do not officially know the figures involved, in terms of either the proposed level of investment, or the identity of the investor
Motherwell Investment US-Based Family Shareholding Terms And Conditions
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