Investor deal "close" for Blackpool FC

They apparently have a 5 year plan to get the club back to the Premier League

Author: Nathan MarshPublished 6th Apr 2018

Blackpool Football Club have announced a group of investors are close to agreeing a deal - which would see them have an active and serious financial involvement in the club's future.

The investment group, which holds international business interests and connections in the sports and commerce industries, is said to have a passionate love of the game and links with other football clubs overseas.

The club says the investors have a three-to-five-year plan for the club to get back into the Premier League. That would mean "significant" spending on players, the stadium, the training ground and the redevelopment/expansion of other existing and new facilities.

The investment group are also apparently determined to build up a strong relationship with supporters.

A spokesperson for the Oyston Group said:

“This is an amazing opportunity for Blackpool Football Club. The investment group is extremely ambitious and has the financial resources to take the club back up the leagues once more. We hope this news will be greatly received by the Blackpool fans, the wider general public and viewed as a positive and major step forward in the development of our club.

“The investment group’s proposals are very exciting and will not just secure a successful future for the club, but also help to promote and strengthen the businesses and tourism in Blackpool, and on the Fylde Coast.”

A further announcement in relation to this agreement will be made within the next two weeks, when it is hoped the agreement will be completed and unconditional.