Sale of St Johnstone FC confirmed
New era kicks-off for Saints with US takeover
American businessman Adam Webb has completed his takeover of St Johnstone.
The sale - agreed in May - had to be approved by the Scottish FA and also English Football League, as Webb owns a 10 per cent share in Cambridge Utd.
Businessman Geoff Brown had been in charge at Saints for 38 years.
Brown has written an open letter to supporters. He says :
"It was, and is, incredibly important to me that the club is handed over to the right person. Someone who will act as a suitable custodian whilst taking the club forward, continuing the good work that I feel has been done up until now. I strongly believe that we have found that person in Adam.
In all of my interactions with Adam, I find him to be a man of high integrity and I consider that he has the best interests of the club at heart. I am confident that everyone connected to the club will discover this for themselves over the coming weeks, months and years".
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