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Motherwell's majority shareholder has questioned the credibility of an investment offer after prospective chairman Erik Barmack shared a business plan with inaccurate info on club finances. The Wild Sheep Sports plan used a chart from the X account of football finance expert Kieran Maguire in May which compared Premiership clubs’ finances in the 2022-23 season.
After the plan was shared on Friday, and before the errors were pointed out, the board reiterated their recommendation that shareholders accept the £1.95m offer from Wild Sheep, ultimately giving it 47 per cent of shares and a dominant position in the boardroom. This document appears to contain factually inaccurate, thus potentially misleading information.
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