Bradford City has been bought by a German consortium in an unexpected development, although apparently negotiations have been going on for a year, League One clubs with potential are attracting increasing interest from foreign buyers.
It is believed that the price paid was around £6m which is a relative bargain for a club with Championship potential.
Co-owners Mark Lawn and Julian Rhodes are stepping aside as part of the deal.
Bradford City has been bought by a German consortium in an unexpected development, although apparently negotiations have been going on for a year, League One clubs with potential are attracting increasing interest from foreign buyers.
It is believed that the price paid was around £6m which is a relative bargain for a club with Championship potential.
Co-owners Mark Lawn and Julian Rhodes are stepping aside as part of the deal.
European owners of English clubs are less common than those from the United States, Middle East and Asia. As far as I can recall, no other club is currently German owned.