Crawley Town close to being sold to overseas consortium

Aerial view of the Checkatrade.com Stadium SUS-140209-144118002
Aerial view of the Checkatrade.com Stadium SUS-140209-144118002

Crawley Town are close to completing the sale of the club to an overseas consortium, believed to be from the Middle East.

The change of ownership is expected to take place in early February if legal agreements and Football League ratification go through.

The club was put up for sale in 2013 to help take the club further forward.

Last autumn the mystery benefactor investing in the club during its dramatic rise from the Conference up to League 1 and 2 was revealed to be Thailand-based businessman Paul Hayward.

However the ownership of the club is divided between director Matt Turner and chairman Dave Pottinger.

A statement released by Crawley Town said: “Crawley Town FC can today announce that they are close to completing an agreement with an overseas-based consortium who have agreed to take over the ownership of the club.

“Subject to the ratification of legal agreements and Football League approval being granted, the club hope to be finalise the takeover early next month.

“Discussions with the preferred consortium have been underway since October and the board firmly believe that they can take the club forward.”

The club added no further comment until the takeover is completed.

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