Clydebank were finally sold on Friday
afternoon, with a west of Scotland consortium of businessmen headed
by financial consultant David McGhie taking over the homeless club.
The deal was completed after
further negotiations between their legal team and the former owner,
Bermuda-based John Hall.
Clydebank adviser David Low, who
will stay on at the club to assist in the takeover, said; "The
sale of the club has been completed today with formal documents
being exchanged on Monday.
"A new board will be announced
next week, when it is expected that John Hall will resign."
The news will come as a relief to
the Scottish Division Two club's football adviser, Tony Fitzpatrick.
Earlier in the day, he had warned
that, if the deal did not go through quickly, there was a danger
that they could lose players presently on short-term deals.
Clydebank had also undertaken to
pay Cappielow stewards directly on Saturday to ensure that their
game in Greenock went ahead, despite the financial difficulties
being suffered by landlords Morton.
But they have since handed over a
Cheque to Morton to cover the home match with Stranraer.