‘Fan ownership of Motherwell at major risk’
Former chairman sends stark warning over deal with US investors
FORMER Motherwell chairman Brian McCafferty has urged fans not to risk the financial future of the club by handing control to US TV executive Erik Barmack.
The Motherwell board recommends shareholders accept a £1.95 million offer from Wild Sheep Sports, a firm created by Barmack and his wife, Courtney, for a 47 per cent stake.
However, the board of the Well Society, the fan-run majority shareholder, has urged its members to reject the plan in a ballot which opened this morning. Their decision will decide the outcome.
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