Lindsay appointed Preston chief

21 June 2010 04:31
Preston North End have appointed former Wigan rugby league chairman Maurice Lindsay into a similar role, replacing Derek Shaw who has resigned.Lindsay will step down from his current role as director at Wigan Athletic Football Club with immediate effect. [LNB]"Everyone in football knows the history and tradition of PNE," Lindsay told the club's official website. [LNB]"Like everyone else in the game, I want to see PNE's image restored to the highest possible level." [LNB]He added: "I grew up in an age when the names Preston and Tom Finney were synonymous with success.[LNB] Not sure what to think because not in a million years would we have guessed Maurice would be our new chairman. Why him? MIK "But I have to say that it is also with some regret and fond memories that I am leaving Wigan Athletic. [LNB]"David Whelan is a lifelong friend and I have enjoyed many exciting times in both football and rugby. I spoke to David about PNE and he is also keen to lend a hand to a club he admires. [LNB]"I am also aware of the tremendous hard work that has been put in by Mr Derek Shaw. Derek is an honourable man and I am sure that he will remain close to the club in the future." [LNB]Shaw, who became permanent Preston chairman in August 2002, volunteered to relinquish his role to help the club in its restructuring plans. [LNB]He will become the Championship club's vice-president. [LNB]Lancashire businessman Trevor Hemmings, a close friend of Lindsay, recently acquired a 51% stake at Deepdale. [LNB]The agreement must first be accepted by the other shareholders or, as Deepdale PNE (DPNE) have stated, the offer will be withdrawn. [LNB]Preston North End plc was served with a winding up petition by HM Revenue and Customs on 14 May and all shares in the company were suspended. [LNB]DPNE initially held 28% of the shares in the club but that has now increased to 51.4%, triggering a mandatory offer for the remaining shares. [LNB]Hemmings, who has already loaned £13.28m to Preston, made a five pence per share offer to the club's other stakeholders.

Source: BBC_Sport