Huddersfield Town: American businessman Kevin M Nagle confirmed as prospective new owner

Huddersfield Town: American businessman Kevin M Nagle confirmed as prospective new owner

American entrepreneur Kevin M. Nagle has been mentioned as the potential new owner of championship team

Huddersfield.

Subject to governance and legislative processes, Nagle, the owner of Sacramento Republic in the USA, agreed to

purchase the team from chairman Dean Hoyle.

Earlier this month, Hoyle became the club’s sole shareholder.

“I am beyond pleased to announce I have entered into agreement with Dean Hoyle to purchase a full stake in

Huddersfield Town,” Nagle stated.

“As the approval process is now under way, there will be no further comment until finalization, as we wish to 100%

respect that process.

“I would, however, like to thank Dean for all his help and support along the way, and I cannot wait to meet and speak

to the wonderful Town fans.”

After taking management in 2009, Hoyle sold the team to Phil Hodgkinson eleven years later.

Due to Hodgkinson’s financial troubles, he returned in 2021 to give finance, but in 2022 he resigned as CEO for

health reasons.

Due to their late submission of their annual accounts, the Terriers, who are currently three points from safety in

22nd position in the Championship, were subject to a transfer embargo earlier in March.

Read more news on https://www.sportupdates.co.uk/

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