Hellier Group confirmed as new Yeovil Town owner
Martin Hellier's company will take over ownership
Last updated 13th May 2023
Yeovil Town have confirmed that Martin Hellier will take over as owner of Yeovil Town.
In a statement the club have confirmed that the local businessman's company, Hellier Group, will take ownership, as well as obtaining buy back rights to the stadium and surrounding land.
On Thursday the club made the surprise announcement that they had found a buyer, without naming who would be taking over. This morning current owner Scott Priestnall said, "I confirm that I have completed the sale of Yeovil Town Football Club to the Hellier Group.
"It has been a difficult journey and I appreciate it has been hardest on you, the fans, most of all.
"We have not been able to share updates where we have wanted to, as you will appreciate negotiations take place under strict rules and disclosure arrangements. Given previous transactions have fallen through, I was particularly concerned about giving updates that may not materialise."
Martin Hellier has described it as a 'great honour' to be taking over, where he will become club chairman. His business, Hellier Group, own domestic, retail and commercial property, including the likes of Yeovil Court Hotel and the Fitness Yeovil gym.
Martin said, "As local owners, our hearts are rooted in the wellbeing and progression of our community, and we pledge to every fan, our intentions to form one entity, one club, one community, and to finally, ‘Achieve by Unity’.
"This has been a long and stressful process, I have been passionate about my beliefs and feelings because I deeply care about this club.
"This has not been a transaction for financial gain, it has involved a vast amount of time and effort to arrange, it is because I have the very best interests of this football club at heart."