Haverfordwest close to 'significant' US backing

Bosses at Cymru Premier club Haverfordwest County have revealed they are close to agreeing "significant investment" from potential United States-based backers.

Club chairman Rob Edwards has spoken previously about seeking funding to take the club to "the next level".

In a statement the club said "it is in the latter stages of an agreement during an exclusivity period regarding significant investment in the club from a US-based investment fund".

The statement added: "The club has been clear about its desire to raise investment to fulfil its ambition to make the move towards full-time football and competing in the latter stages of qualifying for Uefa competition, and talks have been ongoing with a party who buys in to the same vision.

"The club hopes to make further announcements in due course."

Since Edwards took over as Haverfordwest chairman in summer 2020 they have had a remarkable rise.

Established in the top-tier Cymru Premier, they have qualified for the Europa Conference League twice in three seasons and their academy side has also played in Europe.

The Bluebirds have also built up a reputation as Welsh domestic football's most progressive clubs - current Club Brugge head coach Nicky Hayen had a spell in charge during the 2021-22 season.

But with the Cymru Premier set for a revamp next season - with an increase from 12 to 16 teams - Edwards has recognised the need for further investment or a full takeover if the club is to remain competitive and challenging for Europe.

Meanwhile, Edwards' company Morley Sports Management Group recently took over Scottish League 1 club Hamilton Academical.

That move was rapidly followed by Edwards saying the Scottish club is still at risk of being placed in administration but was confident insolvency could be avoided.