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Page last updated at 17:01 GMT, Friday, 12 June 2009 18:01 UK

Deal agreed for Stockport buy-out

Stockport County

Stockport County's administrators have agreed a deal to sell the club to a consortium fronted by former Leicester and Manchester City player Jim Melrose.

The consortium will now begin discussions with rugby union club Sale Sharks, who are the League One outfit's Edgeley Park landlords.

Stockport went into administration in April because of their level of debt.

Manager Jim Gannon was later made redundant as part of a series of cost-cutting measures.

606: DEBATE
WelshMKDON

A spokesperson for the Melrose consortium said: "We look forward to developing a fruitful relationship with Sale Sharks and Stockport Metropolitan Borough Council, which will provide the basis for a successful future for Stockport County."



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see also
Stockport cuts force Gannon out
06 May 09 |  Stockport
Gannon contender for Hibs post
03 Jun 09 |  Stockport
Stockport go into administration
30 Apr 09 |  Stockport
Turner condemns Stockport ruling
05 May 09 |  Hereford
Sale pay Stockport's police bill
21 Apr 09 |  Stockport
Ward bemoans Stockport cash worry
29 Jan 09 |  Stockport


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