Former Netflix vice president Erik Barmack has withdrawn his offer of investment into Motherwell, with the club admitting the proposal was “creating significant divisions within the fanbase”.
In January the fan-owned club started a search for external investment with a viral tongue-in-cheek Taylor Swift inspired video.
Following various proposals, chairman Jim McMahon and the board recommended shareholders accept a £1.95m offer from the Barmack family for a 47 per cent stake in the club.
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