Mick McDermott delighted as takeover at Oval finalised
Glentoran manager Mick McDermott is hoping that the club's confirmed takeover can lead to the start of some much-needed investment in the transfer market ahead of the new season.
The east Belfast side confirmed that a consortium, led by Welsh businessman Ali Pour, completed its takeover after fans voted overwhelmingly in support of it at the club's recent EGM.
Pour is believed to be investing over £1m into the club, with plans to boost McDermott's transfer kitty while also improving facilities.
Glentoran have not won the league since 2009, but lifted the Irish Cup in 2013 and 2015, and the hope is that with this cash boost they will make a push to return to consistently challenging for the title.
Now boss McDermott is keen to see some fresh faces introduced to the Glens' squad, and the 45-year-old says they'll look at targets within Northern Ireland and further afield.
"Completion of this investment deal is a significant milestone and marks a new era for the club," commented the Oval boss, who took over in April.
"We can now be serious about bringing the best available players to Glentoran, succeeding both domestically and in Europe, and re-establishing the club as one of the giants in football in Northern Ireland.
"We're realistic about the road that lies ahead - it will take time to climb back to the top - but we have the ambition, the vision and now the financial backing to do exactly that."