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Friday, May 16, 2014

Salisbury Sold To Moroccan Businessmen


This from Salisbury's official site:

Salisbury City FC are pleased to announce that a deal has been signed and the club now has new owners.

A consortium of Dubai based Moroccan born businessman A.S.Otail M.Touzar and local businessman Mark Winter reached agreement for the transfer of all shares in Salisbury City football club Limited. The terms of the deal are confidential.

The new owners would like to thank the outgoing chairman Mr William Harrison Allan, Jeff Hooper and all other directors for their contributions over the last 5 years, and for making the transaction as smooth as possible.

Mr Mark Winter said he is delighted that the club is safe and have found an investor with extensive knowledge of football, who is well placed to stabilise the club and help it to develop on a sensible commercial basis.

Mr.Otail added “I am happy to be involved with Salisbury City FC and want to thank my partner Mark Winter and everyone who made this possible,this is just a first transaction of a series of major football club investment deals in various countries currently in process and to be announced over the course of the summer. 

"I look forward to working with all club stakeholders to ensure a bright and sustainable future for the Salisbury City F.C”