Advertisement

  1. ITV Report

Marwan Koukash completes Salford City Reds takeover

Marwan Koukash has completed his purchase of Super League club Salford City Reds. Photo: PA Wire

Millionaire racehorse owner Marwan Koukash has completed his purchase of Super League club Salford City Reds.

Dr Koukash, owner of global executive training company EuroMaTech, brought to an end months of uncertainty over the future of the beleaguered Reds by confirming his successful takeover at a press conference at the City of Salford Stadium.

The former Palestinian refugee has bought the club from long-serving Salford chairman John Wilkinson, who has personally kept Salford afloat over the last 30 years and has been invited by Koukash to become its life president.

"It gives me great pleasure to confirm that my purchase of Salford City Reds has now been completed ahead of the start of the 2013 Super League season," Dr Koukash said.

More on this story