Jamie Pilley completes takeover of Fleetwood Town FC
He takes over from his dad Andy as owner of the club
Fleetwood Town have confirmed Jamie Pilley has completed a takeover of the club following clearance from the English Football League.
The Willows 96 Holdings Limited has purchased 98 per cent shareholding of Fleetwood, who were relegated from League One last month.
"As the sole shareholder of The Willows 96 Holdings Limited, Jamie Pilley has become the ultimate beneficial owner of 98 per cent of the club," read a Fleetwood statement.
"The EFL has now determined the proposed acquisition has satisfied all requirements under rule 10 of the Owners' and Directors' Test, subject to several specific conditions being satisfied.
"This includes adherence to certain undisclosed financial requirements and the appointment of an independent director to Fleetwood Town's board - confirmed as the chairman of the club's community trust, Peter Murphy.
Steven Curwood, Philip Brown, Will Watt and Murphy will join Pilley on the board of directors.
Pilley's father Andy stepped down as chairman and director of Fleetwood in May 2023 after being convicted on four counts of fraud and given a 13-year prison sentence.
The 54-year-old had overseen the club's rise from non-league football to the EFL.
"All at Fleetwood Town Football Club would like to place on record their overwhelming thanks to Andy Pilley for an incredible 20 years as owner of the club," the statement added. First for all the latest news from across the UK every hour on Hits Radio on DAB, at hitsradio.co.uk and on the Rayo app.