Scunthorpe United takeover ‘as close as it has ever been’
Scunthorpe United owner Peter Swann has confirmed a deal to sell the club is “as close as it has ever been”.
The businessman told independent Scunthorpe website, Iron Bru, that there are two interested consortiums looking to strike a deal to take over at Glanford Park, but that nothing has been agreed yet.
Swann added that he hopes to conclude a deal soon, as “the club needs investment”. That comes as no surprise due to the £1m shortfall in the budget every season.
It had previously been reported that the Iron owner is looking for a fee in the region of £6m for all the assets – including the stadium and surrounding land.
Rumours have been swirling around on social media over the past couple of days that a potential takeover could be close, but it is so far unknown who the interested parties are.
Aidan McCartney, senior sports editor at Reach PLC, posted on Twitter this morning that he had heard “there have been some positive developments in the Scunthorpe United takeover talks”.
He added that there is “lots still to do” but that there are “signs of light at the end of the tunnel for long-suffering Iron fans”.
Scunthorpe currently find themselves 20th in the National League table and all parties involved will be hoping a potential takeover could soon change the club’s fortunes on and off the pitch.
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