Peterborough United chairman Darragh MacAnthony has promised to sell his majority 75% stake in February if the team fails to reach the top 10 of the League One table by then. The statement came in response to last night's 2-0 defeat at Bradford City in the Carabao Cup. MacAnthony, who has been with the club for 20 years, expressed confidence in the current squad and said Robbie Savage will be the one to build on it.
He emphasized honesty with fans, stating that if the squad isn't top 10 by February, he will put his share of the club up for sale. Posh currently sit 21st in the League One table, one point from safety after 12 games. The club are hosting Luton Town next Saturday.
MacAnthony previously sold half his stake to Jason Neale and Stewart Thompson through Kelgary Sports and Entertainment in 2018, but regained sole majority ownership five years later.
Source: BBC Sport Football · Summarized by HeadlinesBriefing