also agreed to provide the club and new owners with

Motherwell majority shareholder, Les Hutchison, has agreed to sell his 76% shareholding to supporters group the Well Society for £1. Hutchison and the Well Society have signed a memorandum of understanding to agree the deal.The move means Motherwell will become the first fully fan-owned club in the Scottish Premiership. Hutchison has also agreed to provide the club and new owners with working capital over the next few months and deferred loan repayments to ensure the Well Society have every chance to succeed.The deal concludes a five-year effort from the society to own Motherwell Football Club, a role they will take on as soon as all legal agreements are signed.Hutchison, who will immediately step down from his role as director and vice chairman, praised Motherwell boss Mark McGhee and general manager Alan Burrows for helping move the club forward.Jim McMahon now takes over as chairman, with Douglas Dickie as vice chairman, while Tom Feely is appointed as a director with other board members continuing.Hutchison said: I am extremely pleased at the great progress we have made both on and off the park. The new systems and processes now in place together with an excellent management team has ensured a successful turn around at the club. Motherwell manager Mark McGhee I would like to personally thank Mark McGhee and Alan Burrows for their huge contribution to the improvements at Fir Park.I would also like to thank everyone at the club who adopted the many changes I introduced to create a solid foundation to build on and who worked tirelessly to advance the business plan during what was and is a transitional period.With the fans, via the Well Society, nearly in full control, the onus will very much be on them and the wider community to stand by their club in the weeks, months and years ahead.As well as thanking everyone who has joined and is contributing to the Well Society, I would also like to wish the extremely dedicated individuals who will now drive the club forward all the very best in their endeavours. Ill be supporting from afar. Also See: Motherwell fixtures Motherwell stats Scottish Prem table Bet ￡5 Get ￡20 Free Len Dawson Jersey .5 seconds to play in the game, Kevin Love never stopped believing that they would come out of there with a win. Authentic Chiefs Jerseys China . Louis Blues teammates who would also be participating in the Olympics, Alex Pietrangelo felt right at home, no different in some ways to the travel experience of any old road trip – save for the length of the journey, that is. http://www.cheapchiefsjerseysauthentic.com/ . Tests earlier this week revealed a Grade 2 left hamstring strain for Sabathia, who was hurt in last Fridays start against San Francisco. Its an injury that will require about eight weeks to heal. He finished a disappointing campaign just 14-13 with a career-worst 4. Cheap Chiefs Jerseys Authentic . -- Anaheim Ducks defenceman Luca Sbisa will be out at least six weeks with a torn tendon in his right hand. Marcus Allen Jersey . James, who turned 29 on Monday, injured his groin Friday during the Heats overtime loss at Sacramento. He sat out the following game, a 108-107 win Saturday in Portland, before coming back to help send the Nuggets to their seventh consecutive loss. OXFORD, Ohio -- Michael Weathers scored a career-high 26 points and Miami (Ohio) held off Austin Peays second-half rally for a 76-70 win Saturday.Jake Wright added 14 points, including four 3-pointers, and Rod Mills Jr. had 12 points for Miami (2-2), which led by double figures much of the game but had to scramble to keep the advantage late in the second half. Weathers also had nine rebounds and five assists.Austin Peay (2-2) used a 13-6 surge capped by Chris Porter-Buntons layup midway throughh the second half to trim the gap to single digits, 51-43, and continued to steadily chip away.ddddddddddddJared Savages 3-pointer with 2:19 left cut it to 70-69 before Weathers put it out of reach with a 3-point play at the other end and the RedHawks sealed it from the free throw line down the stretch.Savage led Austin Peay with 20 points, including five 3-pointers. ' ' '