BBC Sports: Peterborough United: Darragh MacAnthony sells half Posh stake to Canada-based duo

Peterborough United owner Darragh MacAnthony has sold half of his stake in the League One club.

Canada-based investors Dr Jason Neale and Stewart Thompson have become co-owners with immediate effect.

“This is banner news for the football club, its staff and for the city of Peterborough,” said MacAnthony.

“When Jason and Stewart were introduced to me several months ago, I was so impressed with their creative energy and brilliant business minds.”

Thompson and Neale, who have been actively looking at ownership of an EFL club for the past two years, have both joined the Posh board.

They will hold their shares through a Canadian business, Kelgary Sports and Entertainment.

Read the press release on BBC Sports…

SOURCE:
“Peterborough United: Darragh MacAnthony sells half Posh stake to Canada-based duo” BBC Sports, 2 Feb. 2018, https://www.bbc.com/sport/football/43258970.