Lottery winner Colin Weir completes Partick Thistle bid
The 71-year-old plans to transfer ownership back to the club's fans.
Last updated 21st Nov 2019
Euromillions winner Colin Weir has completed a takeover bid of Partick Thistle, buying a 55% stake in the club.
The 71-year-old has committed to giving the shares back to fans by no later than the end of March next year.
The ownership will be transferred to a new fan shareholding entity - with no requirement for the purchase price to be repaid.
Weir approached fan group Thistle for Ever at the beginning of September, offering his support for fan ownership - and has now used his company Three Black Cats Ltd to purchase shares and land at Firhill.
He previously wiped out the club's debt, funded its academy and was heavily involved in plans for a new training ground.
The lottery winner has promised to transfer ownership of the land back to the club within a week.
This means the main Colin Weir stand and the undeveloped land south of the ground will be owned in full by the club after 10 years.
Colin Weir told reporters: "Today is a great day for a club that means everything to me.
"I hope that fans can get behind this exciting development.
"They talk about Thistle being their club - and now it really will be."
Hear the latest news on Clyde 1 on FM, DAB, smart speaker or the Rayo app.