New owners are poised to take over at Bangor City FC.
The Nantporth football club says takeover talks are at an ‘advanced stage’ – and two directors will step down from the club’s board once a deal is finalised.
The new owners – as yet unknown – are believed to have stepped forward with an offer to run the club in the past few weeks.
In a statement, a City spokesperson said club directors James Lees and William Adamson agreed to step down ”once the relevant due dilligence has been completed by both parties”.
Mr Adamson said they reached an agreement with the club’s major creditors on Monday to ensure ‘a smooth transition’ and the club’s long term future.
Bangor City was brought out in June 2016 by a consortium including Vaughan Sports Management – the club’s former shirt sponsor. Last month, Stephen Vaughan Jr resigned as the club’s director of football to take up a coaching role in Malta.
It’s been a turbulent year for City – who were relegated from the Welsh Premier League after 26 years, following the FAW’s decision to refuse the club a domestic licence. Legal action was considered, but the club ultimately accepted their demotion to the Huws Gray Alliance.
That in turn led to the departure of manager Kevin Nicholson – but his successor, former New Saints boss Craig Harrison, quit after just five months in charge to take up a coaching role at Connah’s Quay.
Their third manager in less than a year, Gary Taylor Fletcher, took over last week, going onto lose his first game in charge – a 2-1 derby defeat at Rhyl in the HGA.
Off the pitch, City lost its chairman, Gordon Craig, at the start of the year when it temporarily lost the use of its Nantporth ground.
They also fought off two attempts in the High Court to wind up the club over unpaid tax bills – and a bid by Companies House to strike off the club.
The present owners have maintained that the club’s books are in order – but questions over missing key documents from its accounts led to auditors resigning last month.
Amid the club’s problems on and off the pitch, match attendances have fallen by around half, with as few as 150 people turning up to watch some fixtures.
The club’s stated aim of returning to the WPL also looks distant. They’re currently fourth in the Huws Gray Alliance, seventeen points off unbeaten leaders Airbus Broughton.
Before his departure last month, Stephen Vaughan Jr told the Daily Post that the current owners were prepared to allow the fans take over City, if they think they could run it better. He described the atmosphere surrounding the club as ‘toxic’.
The Bangor City FC Supporters Association has yet to comment publicly on the latest developments.
Meanwhile, City have named former Liverpool Academy coach Alan Moogan as Gary Taylor Fletcher’s assistant. Michael Corless also joins the club as a part-time voluntary coach and scout.
The new manager’s first home game in charge will be Bangor’s Welsh Cup third round derby with Holyhead Hotspur on Friday night (7.45pm ko)