Takeover at Bangor City imminent with deal agreed with unknown party
Bangor City have today announced that a change in club ownership is “imminent”, following the news that a deal to sell the club has been agreed by the current owners.
The club was taken over by a consortium in 2016 including Vaughan Sports Management, who have previously been the club’s shirt sponsor, but the current owners have agreed to sell the club to a currently unknown party, according to Dave Jones of Daily Post Wales.
Under the consortium’s ownership, the club finished 4th in their first season in charge, guided by former Cardiff star Andy Legg and soon after by Ian Dawes.
But, by the end of the season former Gary Taylor-Fletcher had taken interim charge, and by the following season Kevin Nicholson had taken charge as first team manager.
The club finished 2nd last term under the former Derby County coach, but left the club with Taylor-Fletcher at the end of the season as the Citizens were demoted to the Huws Gray Alliance after they failed to secure a domestic licence.
Member of Vaughan Sports Management, Steven Vaughan Jr, had hinted the club would be willing to sell their ownership to a new party on the Forza Bangor podcast, following the announcement that he would be leaving his role as interim manager of the club to join Mosta FC in Malta.
Gary Taylor-Fletcher returned to the club last week as first team manager, and Alan Moogan has today been announced as assistant manager.
Vaughan had encouraged fans to support their team following falling attendances at Nantporth, but the club’s owners have now decided to sell their controlling stake in the club.
But, the club have now announced that a takeover has been agreed and is imminent. In a statement released today, they stated “new ownership at Bangor City Football Club looks imminent.
“Both James Lees and William Adamson, directors of the football club, have agreed to step down once the relevant due diligence as been completed by both parties.”
“Talks are at an advanced stage, an agreement was made yesterday with the clubs major creditors which would ensure a smooth transition and the long term future of the club.”
The club have been contacted for comment.
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