He hasn't "taken over". As far as I can tell, he has put ?0 into Wednesday.

Statement from the club says that he and another chap have been made board members until March 2009, and goes on to list thier extensive business contacts, and experience in "fundraising from the professional investment community".

So they've been brought in to seek investment.

Time will tell if they're successful or not.

Posted By: Arizona Bay, Dec 18, 09:21:36