Livingston change mind over Irish investment plan
Published Date:
01 May 2008
By ANGUS WRIGHT
LIVINGSTON have abandoned plans to accept a major investment from Ireland-based development company McMullen Properties.
It was announced by the First Division club on 14 April that Anthony McMullen had agreed to buy a 50 per cent share in the club's parent company.
At a press conference hosted by the Irn-Bru First Division outfit, McMullen pledged to build Livingston "into one of the top clubs in the SPL".
However Livingston have pulled out of the deal and promised manager Mark Proctor he will remain in charge for next season, with assistant manager Curtis Fleming also keeping his job. If the McMullen deal had been rubber-stamped, both men were expected to be axed.
A club spokesman said: "McMullen Properties failed to meet certain criteria set by the board to enable its investment.
"Mark Proctor and Curtis Fleming have handled the recent situation in an exemplary manner.
"They have got on with their jobs while speculation raged around them and, while they have been kept informed of the situation at every stage, this has been a stressful time."
The full article contains 186 words and appears in The Scotsman newspaper.
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Last Updated:
30 April 2008 11:25 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Livingston FC
