Paisley Festival
September 6, 2009Archaeological Dig At Paisley Abbey Goes Down The Drain
September 9, 2009St Mirren chairman Stewart Gimour has put the Scottish Premier League club up for sale after deciding to step down.
Gilmour and vice-chairman George Campbell have formed a consortium with other board members to sell their 98,000 shares in a single block.
A 52% stake is available, with the club hoping to find a buyer by January.
Gilmour told BBC Scotland that it was the right time to sell, adding: “There’s a fresh input required of finance and, more importantly, energy.”
The St Mirren chairman revealed that the consortium had been mulling over the move for the past 12 months and that it had achieved its objectives of making the club debt-free. news story from the bbc click here to read the rest of the entry
