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Scottish League: St Mirren supporters become majority shareholders

Football News

Scottish League: St Mirren

Scottish League club St Mirren have completed their move into fan ownership with St Mirren Independent Supporters Association (SMISA) buying out Gordon Scott to become the majority shareholders. The move is in accordance with the charity enterprise Kibble who bought 27 percent of the stake in the club. The link has halved the ownership handover by less than five years.

“I am immensely proud of the part I have played in delivering fan ownership.” Scottish Premier League club St Mirren chairman Gordon Scott said. “We had always said that we had 10 years to deliver a sustainable model but when the opportunity arose to deliver this now in partnership with Kibble it was too good an opportunity to miss. We have taken giant strides over the last five seasons both on the pitch and off it and with the deal now complete I am convinced that this model will allow us to continue that progress.”

“This is a really proud day, not just for St Mirren fans but for the people of Paisley and beyond.” SMISA chair George Adam added. “To have our club now owned by the supporters means we will never have to worry again about it being run by people without St Mirren’s best interests at heart. It’s a real testimony to the fans who were presented with a vision back in 2015 and have now been able to make it a reality. I’ve never been prouder to be a Buddie.”

Also, Read Manchester United: Alex Telles Out Until September

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