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“It’s taken too long to reach this situation” – Huddersfield Town fan pundit delivers verdict on fresh ownership update

There has been a significant development in the running of Huddersfield Town as chairman Phil Hodgkinson has stepped down as a director of the club.

Hodgkinson purchased 75 per cent of the Terriers in June 2019 from former owner Dean Hoyle, but ran into financial difficulties with his other business interests in late 2021.

It led to Hoyle – still a minority shareholder – resuming financial control of the Yorkshire side and now with Hodgkinson wanting to focus on his other businesses, it has opened the door for his shares to be bought by Hoyle.

The two parties are currently in discussions in regards to those shares, but there’s every chance that once that transpires, Hoyle could try and find a fresh buyer for the club.

FLW’s Huddersfield fan pundit Graeme Rayner thinks that if Hoyle is going to try and find another buyer for the club then he needs to let go completely and not hold any shares, but if he is going to stick around then he would like him to show the kind of commitment that saw his running of the club get the Terriers to the Premier League.

“It’s taken too long to reach this situation,” Rayner said.

“It’s been something like three months since the news hit that Phil Hodgkinson’s other business ventures were going into administration and the rumours at the time were Dean Hoyle was basically back in control of the club.

“Then we heard he’d made himself CEO and it’s been an open secret that what has been announced today was happening or had happened and no-one’s really surprised by it.

“We’ve had rumours of various interested parties wanting to take over, the Marcus Evans rumours aren’t ones that really wet the appetite but being pragmatic it could be an interesting move.

“Most Town fans would love some

Read more on msn.com