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Greenock Morton set for community ownership from next year as fans secure historic takeover

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dailyrecord.co.uk

Greenock Morton fan group have agreed a deal to take over the club from next summer. Morton Club Together (MCT) have reached a deal with current owners Golden Casket, fronted by current club chairman Crawford Rae, to buy the Inverclyde side and hold around 90 per cent of shares.Golden Casket are set to wipe all club debts of around £2million before transferring it into the group's hands but will retain ownership of home ground Cappielow Park.The stadium will then be rented back to the club from the 2021/22 season.MCT founder Graham McLennan said: "Our goal has been clear from the outset – we want to move Morton forward."We want a better team on the pitch.

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