The worst kept secret in football is finally out. Dean Hoyle today announced his intention to sell the club to PURE Business Group director Phil Hodgkinson with the deal set to be ratified upon confirmation from the relevant football authorities.
Town fans have known for some time that Dean Hoyle was looking to sell the group with reports of bids from all around the world emerging in the national and international press. It is understood that Hoyle valued the club at £80 million and as of yet it is not known if Phil Hodgkinson met this asking price.
As director of PURE Business Group, Hodgkinson has been involved with Town previously when his company sponsored Town's shirts as main sponsor in the Championship and sleeve sponsor in the Premier League.
Hodgkinson is a lifelong Huddersfield Town fan and has been attending games from a young age. Having previously been a board member at non-league side Southport, Hodgkinson has experience of working within a football club.
Not much is known about the financial intricacies of this deal but at this point it's only reasonable to guess that Hodgkinson has purchased Town as the head of a consortium. If the valuation fees are to be believed it's unlikely that Hodgkinson could have met those valuations independently.
PURE Business Group's public accounts make for good reading but they don't stretch far enough to cover the purchase of a football club. Hodgkinson's affinity with Huddersfield is warming for fans as we can rest assured that our new chairman will act with the club's best interests at heart - hopefully!
Hodgkinson was certainly held in high regard by Southport fans with a number of them taking to social media to voice their upset at his departure. During his short time at the club he was credited with increasing fan engagement and spearheading plans to improve the stadium.
Presumably Sunday will see Hodgkinson take to the pitch and make his first official spoken statement to the Town fans. Anyway that's enough of that, we've got to go and write our teary goodbye to Dean Hoyle.
Until next time, UTT.