Reply With QuoteStill sceptical but on this one there's at least the theoretical chance of a win-win deal. We shall see.
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From the club website
The Executive Board of the Club would like to confirm that investment discussions with a US-based family have reached the point where both parties wish to move forward to the next stage and have therefore entered into an agreement on a non binding Heads of Terms.
Both parties will now work on formalising these into a legal framework which can be put to a shareholders vote.
The investor has expressed his desire to work in partnership with the Well Society.
The process of formalising the Heads of Terms is likely to take around six weeks and we will keep you updated on progress.
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Still sceptical but on this one there's at least the theoretical chance of a win-win deal. We shall see.
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I see Dundee have posted their financials for last season (in the Championship) and are well worth a read for anyone who thinks an investor is definitely needed to improve things.
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He's on his way...
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Motherwell: Netflix ex-vice president Erik Barmack on potential investment
https://www.bbc.co.uk/sport/football/68790801
A fairly big piece on the BBC website.
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Talks a good game but until we see the details I suspect caution is advised.
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