lincs seagull
New member
Just seen this on the bbc site
New board wipes out Millers' debt
Supporters' group buys Millers
A new board has taken formal control of Championship strugglers Rotherham United and cleared the club's debts.
Millers 05 Ltd, a group made up of Rotherham supporters, has acquired 86% of their shares from former chairman Ken Booth and wiped out the £3m debt.
The new owners have also agreed a sale-and-lease-back deal for their Millmoor ground and they plan to start building a new stand by the end of 2005.
Rotherham are currently 11 points adrift of safety in the Championship.
This could mean money in the pot to try and keep them up this season another possible threat in the relegation battle
New board wipes out Millers' debt
Supporters' group buys Millers
A new board has taken formal control of Championship strugglers Rotherham United and cleared the club's debts.
Millers 05 Ltd, a group made up of Rotherham supporters, has acquired 86% of their shares from former chairman Ken Booth and wiped out the £3m debt.
The new owners have also agreed a sale-and-lease-back deal for their Millmoor ground and they plan to start building a new stand by the end of 2005.
Rotherham are currently 11 points adrift of safety in the Championship.
This could mean money in the pot to try and keep them up this season another possible threat in the relegation battle