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Morecambe for sale

Morecambe FC have announced on their official website that the club is for sale.   Majority shareholder and chairman Peter McGuigan has been in charge for 16 years.

In a statement Mr McGuigan said, 'The club moved into a new purpose built wholly-owned stadium in August 2010 and is virtually debt free.   There is an option to develop the ground further with a 30,000 square foot pitchside office block which is already 50 per cent pre-let, as well as a 50-60 room hotel adjacent to the stadium.'

Big interest in Notts County

There has already been big interest in taking over Notts County with eight buyers reported to be in the frame.  Most of the interest has come from overseas and talks have already been held with an anonymous Danish billionaire.

Notts County up for sale

Ray Trew has stepped down as chairman of Notts County and has announced the club is for sale.  He became owner and chairman in 2010 but said he and his family were subject to 'foul and mindless abuse' in recent days.

Trew bought the club for £1 and took in debts of £1.5m built up during Middle East consortium Munto Finance's brief period as owners.  The Magpies have had nine full-time managers during Trew's tenure.

Whether there will be any buyers for the club remains to be seen.

Bristol Rovers taken over

It has been announced that the takeover of Bristol Rovers by the Al-Qadi family has been completed.   The influential family are major shareholders in the Arab-Jordanian Investment Bank.  The asset value of the bank is £1.72bn.

The club say Mr Wael Al Qadi - "a lifelong fan of English football and a member of the executive board of the Jordan Football Association" - will become president.

Turks move in at Crawley

A takeover of Crawley Town is imminent.  The prospective purchaser is Turkish steel magnate Ziya Eren who is president of a not particularly successful club in the Turkish second tier.

Negotiations have been taking place since October, although a British consortium was also said to be interested.  The club has been for sale since 2013.

Stadium loan was misappropriated

An in depth look at what has been happening at Northampton Town's Sixfields Stadium.   It appears that of a £10.25m loan made available by the local council, only £2m was spent on stadium redevelopment.   Police are investigating,

Glass ceiling for fan owned clubs

Portsmouth chairman Ian McInnes has admitted in an interview with The Times that there is a glass ceiling to the fan ownership model used at Pompey.  If success breeds ambition there may come a day when Portsmouth's fans have to cede ownership to an outside investor.

The Pompey Supporters Trust owns 47.6 per cent of the club with the next biggest shareholder owning 10.75 per cent.    Three PST members sit on the board of seven.

Arrest made in relation to Cobblers finances

Reports are circulating that a man has been arrested and bailed in relation to an ongoing police investigation into the finances of Northampton Town FC.   BBC Northampton is claiming that the man arrested is former club chairman David Cardoza, but the police have refused to name the individual concerned.

AFC Wimbledon to return home

AFC Wimbledon have received planning permission to build a new stadium close to their historic home in Plough Lane.   To be built on the site of an old greyhound stadium, the new ground will have a capacity of 11,000 with scope for expansion to 20,000.   The plan includes provision for 602 residential units and a leisure club.

Cobblers inquiry widened

Quite what has been happening at Northampton Town is far from clear and may not be for some time as allegations of financial irregularities are not easy to investigate.

However, it appears that the scope of the inquiry has widened and investigative football journalist David Conn tries to get to the bottom of what has been going on.