The High Court claim brought by investors Morton House MGT over the ownership of League Two club Rochdale has been settled.
Morton House has now transferred its shares in the club to the Rochdale board for an undisclosed sum.
A statement from Rochdale said it was now the first club in the north of England to be “fan owned and fan-led”.
The seven already serving members of the board now own 43.3% shares in the club, while the Dale Supporters Trust owns 13.9% and the remaining 42.8% are split between…
