Chesterfield

Consortium agree deal to buy struggling Chesterfield

A consortium have come to an agreement to buy Sky Bet League Two strugglers Chesterfield according to reports by the Derbyshire Times.

The Spireites have been the subject of takeover interest for several weeks and it has now been revealed that a takeover of the club will proceed upon the payment of a deposit.

The Derbyshire club’s prospective new owners are thought to include overseas investors from both Asia and South America although their identities have not yet been revealed. Any deal will need to be approved by the English Football League with the new owners required to pass a ‘fit and proper persons test’.

The consortium are thought to have first made an approach to invest in Chesterfield last month and now that a potential purchase of the club has been agreed, it has been reported that they are desperate to complete a takeover by the end of next month to allow manager Jack Lester time to make some additions to his squad.

Chesterfield have dropped back into the Sky Bet League Two relegation zone as a result of three straight league defeats. Prior to that poor run, new boss Lester had overseen a significant upturn in results. The club face a real fight for English Football League survival and they could be in for a struggle should the takeover deal fall through.

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