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Page last updated at 15:30 GMT, Wednesday, 26 January 2011

Kidderminster Harriers accept takeover bid

Kidderminster Harriers
Kidderminster currently lie eighth in the Blue Square Bet Premier

Blue Square Bet Premier side Kidderminster Harriers have accepted a takeover bid from Stratford-based businessman Chris Swan.

Swan was thought to have ended his interest in buying the club in December after having a previous offer rejected.

But a statement from the Harriers board said: "The club has received a formal offer from Chris Swan.

"The board has agreed, subject to contract, to all conditions within Mr Swan's offer."

As a result, the club have postponed a fans' forum that was scheduled for Thursday, 27 January.

In December, current Harriers chairman Mark Serrell, then a director, said that the club needed to find £150,000 by the end of 2010 and then another £50,000 by the end of January.

Kidderminster, who were given a five-point penalty earlier this month by the Football Conference for financial reporting irregularities, currently lie eighth in the top flight of non-league football, four points off the play-off places.



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see also
Harriers to accept points penalty
13 Jan 11 |  Kidderminster
Harriers board fight to save club
22 Dec 10 |  Kidderminster
Swan not to pursue Harriers bid
20 Dec 10 |  Kidderminster


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