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Sports News of Sunday, 5 February 2023

Source: www.sportsbrief.com

20-year-old entrepreneur set to buy English club

The photo used to illustrate the story The photo used to illustrate the story

Twenty-year-old Sarbjot Johal is reportedly in line to become the new owner of English side Morecambe.

Morecambe chairman Graham Howse is understood to have put the club up for sale back in September, with Johal emerging among the potential buyers.

According to The Sun, heavyweight champion Tyson Fury was offered the chance to buy the club as he already invests in it. However, the Gypsy King is set to lose out, with Howse confirming Johal is already in the process of becoming the club's new owner.

"Sarbjot, through his company Sarb Capital, has recently purchased equity in the club, injecting more than useful income into us," Howse revealed via the BBC. "I am, along with Sarbjot, keen that the process should now move on at pace to come to a positive conclusion," he added.

Who is Sarbjot Johal?

The Guardian reports that Johal is listed as the chairman of Sarb Capital, a private equity firm.

The youngster is further recorded as a director of Vitanic Limited, a company incorporated as Vitanic Group in May 2019. Should the Morecambe takeover plan see the light of day, Johal will become the youngest club owner in the EFL.

Meanwhile, the imminent takeover comes at a time The Shrimps are enduring a frustrating campaign in League One.