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Daily Record
Daily Record
Sport
Andy McGilvray

Albion Rovers hostile takeover bid in the works as consortium brand board 'disingenuous' over name change

A consortium hoping to assume control of Albion Rovers has branded the club’s board “disingenuous” after claiming there would be no chance of a name change - and insist they are now pursuing a hostile takeover.

London-based businessman Paul Reilly, who heads a consortium of UK, Irish and US investors that want to take over the Cliftonhill club and rebrand it as Shamrock Rovers Coatbridge, claims the board were open to the idea when they met last summer.

And he says the ‘Project Phoenix’ consortium are now dealing directly with shareholders.

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