Hamilton Accies board admit 'countless mistakes' after relegation as they offer new ownership update

Hamilton Accies have announced that negotiations over a change of ownership at the club are ongoing - as the current board admitted they made "countless mistakes" during last season's relegation.

The New Douglas Park club have also confirmed they will remain a full-time club in League One next season, safegaurding their Elite Youth Academy that produced the likes of James McCarthy and James McCarthy in their Premiership heyday.

Current custodian Colin McGowan told Lanarkshire Live Sport last month that he is set to resign from the board and the club were looking to tie up a deal with new owners by June 14 (Wednesday), so the transfer would be complete in time for Accies pre-season kicking off.

And fans have been told an announcement on that "could well be imminent."

The club will be playing in the third tier of Scottish football next season after a second relegation in three years, and the board have today admitted culpability for their part in the SPFL Trust Trophy winners' difficult year in the league.

Coming three weeks after they lost to Airdrie in the Championship play-off final, a statement to fans from the board of directors read: "We would firstly like to apologise to our fans for the lack of information from the club.

"Like yourselves, the relegation was a bitter blow to everyone associated with Hamilton Accies.

"In a season where everything that could have gone wrong, went wrong, the board made countless mistakes, our management and football team could have and should have done better, we are aware that our 36-game campaign came up well short of protecting Championship football.

"So as Hamilton Accies Football Club prepares for League One football, a change of ownership could well be imminent, negotiations