US consortium agrees takeover that will save Huddersfield from administration

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US consortium agrees takeover that will save Huddersfield from administration

  • Chairman ‘has exchanged contracts with North American group’
  • Dean Hoyle reported to have written off around £40m

Huddersfield have agreed a club takeover with an unnamed American consortium. The deal, which is “subject to legislative and governance procedures”, will end chairman Dean Hoyle’s 14-year association with the Terriers.

Doyle revealed last year his intentions to buy back the majority of shares from former owner Phil Hodgkinson with a view to selling the Championship club.

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