Luton Town have been taken over by Bedfordshire businessman David Pinkney. Pinkney, who acquired a controlling interest in the club's holding company, Jayten Stadium Limted, unveiled plans for a new 25,000-seat stadium.
He said: "This is the start of a new era, it's a clean sheet and it's time to put the past behind us and move on.
"I'm buying this club because I believe in it and its supporters, long-term we want to get into the Premier League, that is our vision."