TMH Confirm Takeover Of Hartlepool United
Wed 17th Dec 2014 | Clubs Ownership
TMH 2014 Limited have confirmed that they have agreed a takeover of Hartlepool United FC after IOR announced its decision to sell its shareholding in the club.
TMH will become the controlling shareholder of the club with Peter Harris taking over as Chairman with immediate effect and Ken Hodcroft leaving the board.
The deal is subject to Football League approval and it is anticipated that such approval will be granted in due course.
A statement released by the club read, “We would wish to place our thanks on record for the discreet and professional manner in which this matter has been dealt with by IOR and Mr Ken Hodcroft in particular.”
The club’s new owners face the immediate challenge of keeping the club in the Football League after a disappointing season which has left them rooted to the bottom of League Two and saw them lose to Blyth Spartans in the FA Cup.
Russ Green has been retained as CEO and will be part of the battle to make sure the club remains in the Football League.
Peter Harris said: “We see this as an opportunity to build and enhance the reputation of the Club. Our first aim is to bring a new manager in and then set about backing him to secure League status.
“I want to make it clear though that we will seek to fully embrace and acknowledge the efforts of the supporters and we want them to engage with us with the aim of always doing what is best for Hartlepool United, I will provide a more detailed statement in this week’s Programme.”
Posted by: Aaron Gourley
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