Rochdale AFC is pleased to announce that World Soccer Holdings LLC have today signed a Letter of Intent to purchase Rochdale AFC.
The deal is subject to Shareholder approval of the resolutions to create shares at the EGM on the 7th March 2024.
Rochdale AFC Chairman Simon Gauge stated: "We are delighted to receive the LOI from World Soccer Holdings.
"Investment in the club is essential for our survival, and WSH tick so many of the boxes that we have been looking for in an investor.
"They have a track record in sporting investments and have a long-term sporting plan for the club and come with expertise in the field.
"We look forward to engaging with them, shareholders, local politicians, and suppliers to meet the conditions that are required to conclude the sale of the club."
World Soccer Holdings CEO Scott Dyer said: "We are really pleased to be moving forward with investment in Rochdale AFC.
"We have great respect and admiration for the history and the culture of the club, and we are grateful for the hard work and sacrifices undertaken by both the staff and board and the supporter’s trust to make this partnership possible.
"We look forward to engaging now with the Dale Trust to answer any questions that they may have regarding our investment and with local politicians to gauge the level of support we can expect to receive to support our investment in RAFC.
"We could not let 100 years of history go to waste, and we believe we can work together to elevate The Dale back to its previous heights and beyond.
"We look forward to visiting Rochdale for the game on the 9th March against Oxford City."
