Source: Team_Talk
Consortium agree to buy Hatters
The Hatters went into administration at the end of April with crippling debts, but a takeover to secure the club's future now looks set to go through.
A spokesman for the Melrose consortium told Stockport's official website: "We look forward to developing a fruitful relationship with Sale Sharks and Stockport Metropolitan Borough Council which will provide the basis for a successful future for Stockport County Football Club."
The consortium is described on the club website as "a group of businessmen with a sporting background headed by Jim Melrose".
Paul Reeves, one of the joint administrators, added: "Whilst a deal has been agreed, it is subject to the Melrose consortium obtaining landlord approval. This is a positive step to safeguarding the club's future."
