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Incoming Huddersfield chairman says he will invest on the team

SOUTHAMPTON, ENGLAND - MAY 12: The Huddersfield side applaud the fans at the final whistle during the Premier League match between Southampton FC and Huddersfield Town at St Mary's Stadium on May 12, 2019 in Southampton, United Kingdom. (Photo by Harry Trump/Getty Images)
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The club was demoted from the English Premier League to the Championship, but a new CEO will take charge really soon.

Huddersfield Town was the first team to get demoted from the English Premier League into the Championship this season.

But now the team is set to have new ownership when chairman Phil Hodgkinson’s PURE Business Group owns 75% of the club, they only need to be ratified by the English Football Leagues (EFL).

“The reality is I wouldn’t be doing this if I couldn’t afford to do it. I wouldn’t be doing this if I didn’t have the personal wealth to invest in the football club at this level” said Hodgkinson to The Examiner Liver.

“I know exactly how much money I’ll need to put in in the next 10 years; it doesn’t worry me, it’s not daunting or a concern.”

“I’m not doing this because Dean’s approached me, and I’ve got the opportunity. I’m doing it to be successful,” he added.

“Anybody who knows me, knows I don’t like losing at anything. I don’t like losing football matches, and I’m not doing this so Huddersfield Town can be average.”

He explained: “I’m doing this because I believe I can take us on the next part of the journey, continue Dean’s legacy and continue all the amazing work Dean, Janet, Josh and Danny have done with the football club.”

“I also believe that this football club will be successful, and I will help with that,” he said.

“Why Southport? Huddersfield Town wasn’t for sale; it’s as simple as that.”

“It was a project and I’d like to think what I did at Southport is leave them in a much better position,” he continued.

“Last season alone, I personally invested over £2m into the football club, re-developing the main stand and increasing the budgets. We had a successful season.”