Hamilton Accies have drawn up a plan aimed toward bringing main funding into the membership after shareholders handed resolutions at an Extraordinary Common Assembly right this moment.
The New Douglas Park membership's plan is to lift funding funds from quite a few people, which is able to dilute chief government Colin McGowan's controlling curiosity and depart the membership with quite a few shareholders, who will every maintain solely a minority of shares.
McGowan says the plan relies on earlier curiosity within the membership coming to go, however says it may restore their fortunes and provides that it means nobody particular person is accountable for the membership.
He stated: "Hamilton Accies was fashioned in 1874 and have become a restricted firm on the Auugust 7 1903, when a bunch of native businessmen got here collectively to create footballing alternatives for all abilities and ages.
"This has continued as we now have one of the profitable and extremely regarded academies in Scotland and the cash raised from this proposed funding shall be focused at its growth.
"This may type the bottom of a long run and sustainable restoration of the staff’s fortunes.
"As we speak’s present of assist from shareholders is key to permit the membership to return to a place the place nobody particular person is in management, representing what the unique founders created.
“This after all relies on the membership changing the curiosity which it has acquired into precise and substantial funding.”
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