Beerschot’s promotion to the highest division is not only of sporting importance. A takeover also depended. The Mannekens have received an offer to take over the club, chairman Francis Vrancken confirms. It could possibly involve an Asian candidate acquirer who is willing to take over 100 percent of the shares.
Beerschot has been for sale for more than a year, but since yesterday the process has accelerated. The promotion of Beerschot to 1A was a condition for the candidate takeover and that promotion has been a fact since Sunday.
“There is a balanced, financially attractive offer on the table,” Vrancken explains. “As minority shareholders, we are enthusiastic about this and can agree with it. This is a foreign party that knows its way around the football world and is financially strong.”
Vrancken owns 12.5 percent of the shares, the same as Philippe Verellen. The remaining 75 percent is owned by Saudi Arabia’s United World. So the ball is now in their court. “We hope that main shareholder United World will agree and thus secure the future of the club. We have been working hard lately with limited resources, but we know that the return to first class will require a lot of investment.”
If the deal is concluded, Vrancken’s chairmanship will also end.
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– 2024-04-09 04:49:35
