Hartlepool United have tonight confirmed that the club has been sold. It's been owned by the firm Independent Oilfield Rentals (IOR) since 1997.
They say the decision to sell is in the club's best interests.
Meanwhile current Chairman Ken Hodcroft has also stepped aside in the move.
The club's new owners haven't been revealed, although a statement will be released on Monday.
IOR released the following statement a short time ago:
For approximately 18 years IOR have owned Hartlepool United but today they can announce that new owners will be taking over the Club and Ken Hodcroft will step down as Chairman from today.
IOR believe this will be in the best interests for taking the Club forward into hopefully some exciting years ahead.
IOR would like to thank everybody for working together from January onwards to pull off ‘The Great Escape’ at the end of last season, including all members of staff and particularly the fans who gave their full support to the Club and IOR through what was a very critical period for the Club."
The club has said a further and more detailed statement will be made on Monday, June 22.
- Newcastle v Swansea
- Stoke v Sunderland
- Fulham v Middlesbrough
- Hartlepool v Exeter
- York v Newport
All matches kick off at 3pm.
A North East school are competing as Hartlepool United in this year's Football League Girls Cup final at Wembley.
The girls, from Northfield School and Sports College in Billingham, are playing against Brentford (Elthorne Park High School) in the final which is taking place ahead of today's Johnstone's Paint Trophy final.
Hartlepool United boss Ronnie Moore says his side must improve their away form in order to stay in the Football League.
Despite a 1-0 defeat at home to Burton Albion yesterday, Pools have won four of the last six games at Victoria Park. In contrast, they have only taken one point from their previous six away games.
Pools are eight points adrift at the bottom of League Two and Moore says Hartlepool need to start earning points on the road to stay up.
Burton Albion manager Jimmy Floyd Hasselbaink has praised his side after going top of League Two last night.
The Staffordshire club leapfrogged Shrewsbury in the table after beating Hartlepool United 1-0 with a 90th minute goal from Florent Cuvelier at Victoria Park.
Former Middlesbrough striker Hasselbaink said he was pleased with his team's performance against Pools.
Hartlepool United have announced the appointment of Ronnie Moore as the club’s new manager.Read the full story ›
Blyth Spartans are hoping they can cause an upset at their derby against Hartlepool in tonight's FA Cup second-round match.Read the full story ›
Newcastle United striker Adam Campbell has joined fellow North East side Hartlepool United on a one-month loan deal.
The 19-year-old, a product of the renowned Wallsend Boys Club, made his competitive debut for the Magpies against Greek side Atromitos in the Europa League in 2012. He has since had several other loan spells at Carlisle United, St Mirren and Fleetwood Town.
Campbell has been handed the number 29 shirt and could make his Pools debut against York City on Saturday.
Hartlepool United boss Paul Murray believes his side's home form could be key to lifting the club out of the relegation zone.
Pools are bottom of the table in League Two and have only won one league match at Victoria Park this season. But Murray says he wants to make the stadium 'a fortress' for the home side.
Hartlepool host local rivals York City on Saturday.
York City manager Russ Wilcox says his side are in 'good spirits' ahead of Saturday's clash with local rivals Hartlepool United.
The Minstermen are currently 21st in League Two, three points ahead of rock-bottom Pools.