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Motherwell reach next stage of talks with US investors after 'Taylor Swift video' push

Motherwell have announced talks about proposed investment from a US-based family have 'reached the next stage'.

The Steelmen kicked-off a big push for financial backing in the fan-owned club back in January, when a tongue-in-cheek viral video pleading with US pop superstar Taylor Swift to 'gie us some dosh' surpassed 2.5 million views online.

The video split opinion amongst the Fir Park faithful but outgoing chairman Jim McMahon said it did do its job with "10 declarations of interest."

And now Motherwell appear to be a step closer to landing the support they require to take the club forward.

A statement from the club read: "The Executive Board of the Club would like to confirm that investment discussions with a US-based family have reached the point where both parties wish to move forward to the next stage and have therefore entered into an agreement on a non binding Heads of Terms.

"Both parties will now work on formalising these into a legal framework which can be put to a shareholders vote.

"The investor has expressed his desire to work in partnership with the Well Society.

"The process of formalising the Heads of Terms is likely to take around six weeks and we will keep you updated on progress."

Whether or not the US-based family are the Swifts remains to be seen...

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