A second company has announced that it will bid to buy Rochdale AFC. The Football Club LLC (TFC), a group headed by businessmen Justin Corrado and David Dwyer, has today signed a letter of intent to buy the Spotland club.
It follows a crunch vote last night in which shareholders at Rochdale voted to dillute their holdings in order to create nine million new shares.
This means 90 per cent of the club can now be sold, subject to deals made between the board of directors and interested parties.
TFC are the second company to publicly reveal a bid for the club, after Texas-based World Soccer Holdings signed a letter of intent last week. READ MORE: Terrified M62 driver speaks out after Jaguar 'brakes fail' at 90mph READ MORE: She got a WhatsApp from an unknown number...
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