DALE SET TO DO THE DEAL

By Jon Couch

CRISIS-HIT Rochdale are on the brink of being saved after a US firm entered a "period of exclusivity" to buy the club. Dale chairman Simon Gauge warned that the future of the cash-strapped 117-year-old club was in serious doubt unless a new investor was found by the end of this month. Shareholders met at an EGM last week and decided to dilute their holdings to create nine million new shares, thus allowing Texas-based World Soccer Holdings (WSH) to conclude the takeover deal. A second company, The Football Club LLC (TFC) - headed by businessmen Justin Corrado and Davi...

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