Bangor chairman Graham Bailie confirms ‘positive’ talks with outside investors

Bangor chairman Graham Bailie has confirmed positive discussions with Canadian and American investors

Bangor chairman Graham Bailie insists the outlook is bright for the club after positive discussions with Canadian and American investors.

Sunday Life Sport reported that the Playr-Fit Championship side are in line to receive outside investment to the tune of £1m after weeks of talks.

The consortium spent a week at the club and will continue face-to-face talks in mid-January 2024.

Bailie maintained the investors have a “long-term vision for the club”.

He said: “The board of directors have had a positive week of discussions with the investment group.

“The consortium was overwhelmed with what we have achieved so far with only volunteers at the club.

“They were impressed with the amount of fantastic people we have around Bangor FC and with our club structure, facilities and supporting network.

“The investment group wants to build a long-term vision for the club and they plan to revisit for further talks in January 2024. We will then try and roadmap a new future for the Seasiders.

“I make no apologies for reiterating that the best interests of Bangor FC is the board’s highest priority. The talks are still at an early stage, but there are a lot of encouraging signs as we move forward.

“When the time is right for both parties, we will hold a meeting to provide updates to our supporters and answer any questions. As I previously stated, we will listen to our fans as part of this process.

“On the footballing side, it is business as usual. We were delighted that members of the investment group were able to see the team play on Friday night and gain three points as we continue our good run in the NIFL Championship.”

Larne owner