North Wales Crusaders are excited to announce that the club has reached an agreement with ELKALEH LLC of Dubai, United Arab Emirates, for the group to acquire a majority shareholding of the club, subject to the approval of the Rugby Football League.
Following an extensive range of talks, the club’s board of directors have today accepted an offer in principle from Elkaleh LLC and provided the Rugby Football League with the relevant documentation for them to begin their legal processes.
Having been custodians of the club on behalf of the loyal and passionate supporters, the current board of directors are excited to see the club embark on a new journey, and shall provide a further update to supporters once the Rugby Football League has concluded the necessary legalities.
Jamie Elkaleh, Owner of ELKALEH LLC, commented: “We are incredibly proud to have agreed a deal to gain majority ownership of this wonderful club.
“The beauty of North Wales Crusaders lies in its rich history, compelling story and the passionate fans who form its heart.
“My ambition is to elevate North Wales Crusaders and achieve that by strengthening our connection with North Wales as well as significant rebuilding efforts.
“Incoming investment and sponsorship will fuel our push for success, and, upon approval from the RFL, we shall hold a fans forum before setting out to strengthen our partnerships with local communities, and establish relationships with the wider rugby communities.
“It would be my honour to return North Wales Crusaders to the forefront of the game and region, and I look forward to sharing my long-term ambitions with you in the near future.
“Together, we can make this happen.”
North Wales Crusaders shall release a further update upon conclusion of the Rugby Football League’s legal process.
You can get behind North Wales Crusaders tomorrow (Saturday 1st June) when we welcome Oldham RLFC to Stadiwm CSM. Tickets cost just £10 adults and are FREE for under 16's. To secure your tickets, click HERE.
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