Rovers Confirm U.S Investment Deal

By Deadly Submarine
August 10 2006

Tranmere have today confirmed that an investment deal has been concluded with an American financial and consultancy group that will enable almost £1 million to be invested into the Club during this season.

 

The U.S investment deal confirmed today by Tranmere sounds an exciting prospect for the future of the Club and £900,000 has apparently been invested for this season.

 

The deal has been reached with a privately own Florida based company called Mirabilis Ventures.

 

In her statement on the Official Website, Chairman Lorraine Rogers confirmed that most of the money had already gone towards players wages and also on the Club’s expensive youth setup with further sums being put towards “small but important improvements to Prenton Park”.

 

On the face of things, the deal seems to be some kind of loan deal which has been described as having been agreed on attractive commercial terms for the Club.