"Image source, Rex Features Former Leyton Orient board member and American businessman Nick Semaca is set to complete a takeover of National League club Wealdstone. The Stones' lease will be renewed at home ground Grosvenor Vale as part of the agreement, with Semaca, 67, entering a period of exclusivity to complete the deal by 31 October. Wealdstone's shareholders voted overwhelmingly in favour, external to approve the takeover by Semaca's Lakefront Football Partners LLC group at an extraordinary general meeting on Saturday."
""Over the years, I've built a network of like minded investors who share my belief in sustainable success," Semaca told the club's website. , external "I'm confident they'll join me in helping to secure an exciting and enduring future for Wealdstone FC. "I'm honoured to even be considered to become part of this great club. Wealdstone has an extraordinary history, a passionate fanbase and a bright future and I'm thrilled at the chance to help build the next chapter.""
Nick Semaca's Lakefront Football Partners LLC is set to complete a takeover of National League club Wealdstone, with an exclusivity period running until 31 October to finalise the deal. The club's lease at Grosvenor Vale will be renewed under the agreement. Shareholders voted overwhelmingly to approve the takeover at an extraordinary general meeting. Semaca previously worked as a director at McKinsey & Company and moved into sports investment after retiring in 2013. He bought the Joliet Slammers and later sold them to a group including Bill Murray. Semaca served on Leyton Orient's board from 2021 until April; Wealdstone sit 10th with 19 points after 14 games.
Read at www.bbc.com
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