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Development emerges regarding Macclesfield Town’s takeover



Macclesfield Town owner Amar Alkadhi has issued an update regarding the prospective bid received to take over the club.

The Silkmen’s problems off the pitch have been no secret this season as they started off the campaign losing manager Sol Campbell by mutual consent after money troubles meant they struggled to retain his services.

Macclesfield then started the season fairly well, despite what was going on behind-the-scenes and looked well clear of the relegation zone up until recently. However, the issues reached the surface when players and staff were not paid and went on strike in their FA Cup first-round tie against Kingstonian, which they lost 4-0.

After this, the club were then handed a six-point deduction by the FA with a further four points suspended after failing to pay their staff and players on time, as well as failing to fulfil their fixture against Crewe Alexandra on 7th of December.

This has plundered the side into a relegation battle after manager Daryl McMahon resigned from his position at the club, due to these crippling financial constraints.

Now, Macclesfield owner Amar Alkadhi has revealed that the club is in the process of organising a takeover with various third parties. The Silkmen owner made this statement on the matter: “Back in December, I advised that negotiations regarding the sale of a controlling stake in the club were at an advanced stage with various third parties.

“Much progress has been made in this regard since then and this is exemplified by the fact that bids have now been accepted in principle.

“Legally, I cannot divulge any further information on these as they are subject to non-disclosure agreements which I have to respect.

“Suffice to say that every effort is being made to conclude this process in a timely manner and that I will work tirelessly with everyone concerned until the sale is complete.”

The Verdict

The sooner this situation is resolved, the better, because the current ownership situation is causing untold trouble for the Silkmen both on and off the pitch.

Macclesfield’s off-field money troubles led to them being thrust into a relegation battle that their performances might not have warranted prior to the points deduction.

ScoopDragon Football News Network

Article title: Development emerges regarding Macclesfield Town’s takeover

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