<p>A US investor and the owner group at Motherwell have come to terms. Negotiations with the American family will go forward following the signing of non-binding terms.</p>



<p>The board of directors at the <a href="https://worldsoccertalk.com/news/ex-scotland-boss-proposes-crazy-idea-to-improve-premiership-20231220-WST-478738.html">Scottish Premiership</a> side has been looking for investors outside the company. While seeking new investors, the Steelmen recently staged a spoof Hollywood fundraising appeal. They urged famous faces like Taylor Swift to contribute money to their cause. It was similar to what <a href="https://worldsoccertalk.com/news/welcome-to-wrexham-season-3-to-debut-earlier-than-expected-20240210-WST-488920.html">Rob McElhenney and Ryan Reynolds</a> accomplished for the EFL team <a href="https://worldsoccertalk.com/tv/wrexham-effect-efl-to-net-at-least-56-million-in-us-rights-deal-20240305-WST-493228.html">Wrexham</a>. </p>



<p>Not all fans were pleased with the finished video, therefore the decision was divisive at the time. The fact that a contract has progressed to the “next stage” suggests, nonetheless, that the campaign was successful.</p>



<h2>What did Motherwell say?</h2>



<p>An agreement on non-binding Heads of Terms was reached. Thus, they will now focus on formalizing a legal framework to go ahead with a shareholder vote.</p>



<p>The investor also allegedly wanted to form a relationship with the Well Society as a condition of the sale. <a href="https://www.motherwellfc.co.uk/2024/04/03/agreement-with-us-based-investor/" target="_blank" rel="noreferrer noopener">According to the club</a>, a Head of Terms formalization procedure typically takes around six weeks.</p>



<p>“The Executive Board of the Club would like to confirm&nbsp;that investment discussions with a US-based family have reached the point where both parties wish to move forward&nbsp;to the next stage and have therefore entered into an agreement on a nonbinding Heads of Terms.</p>



<p>“Both parties will now work on formalizing these into a legal framework which can be put to a shareholders&nbsp;vote. The investor has expressed his desire to work in partnership with the Well Society.”</p>



<figure class="wp-block-image size-large"><figure class="image"><img loading="lazy" width="1200" height="670" src="https://ds-images.bolavip.com/news/image?src=https://images.worldsoccertalk.com/webp/full/WST_20240404_WST_499332_Motherwell-FC-1200x670_84685559.webp&amp;width=1200&amp;height=670" alt="" class="wp-image-499368" srcset="https://worldsoccertalk.cms.futbolsitesnetwork.com/wp-content/uploads/sites/6/2024/04/Motherwell-FC-1200x670.jpg 1200w, https://worldsoccertalk.cms.futbolsitesnetwork.com/wp-content/uploads/sites/6/2024/04/Motherwell-FC-300x168.jpg 300w, https://worldsoccertalk.cms.futbolsitesnetwork.com/wp-content/uploads/sites/6/2024/04/Motherwell-FC-768x429.jpg 768w, https://worldsoccertalk.cms.futbolsitesnetwork.com/wp-content/uploads/sites/6/2024/04/Motherwell-FC.jpg 1280w" sizes="(max-width: 1200px) 100vw, 1200px"></figure></figure>



<p>“The process of formalizing the Heads of Terms is likely to take around six weeks and we will keep you updated on progress,” the club said in a statement.</p>



<h2>What did the club coach say?</h2>



<p>Despite increased speculation about American funding, Motherwell manager Stuart Kettlewell thinks major <a href="https://www.bbc.com/sport/football/68733923" target="_blank" rel="noreferrer noopener">changes are very improbable</a>.</p>



<p>&nbsp;“It’s maybe one stage further forward, but my understanding of the conversations that I have had. And I’ve not been involved in a great deal of it – is that it is just a small step. My understanding with all these things is that they can be a longer process, so that doesn’t necessarily change anything in my mindset or remit.</p>



<p>“You look at a budget over a summer, that’s going to look exactly what it is just now. Until somebody tells me any different, which certainly doesn’t seem to be on the horizon. I think it’s a positive step, because I believe in the evolution, that if there are ways of improving things at football clubs.</p>



<p>“But that then starts to become a conversation for Brian Caldwell, the board members and the Well Society, to make sure whatever happens next – for and against – is the right thing for the club.</p>



<p>“I’ll probably take a step back and continue to concentrate on football, but referencing back, it’s one small step, and I don’t think anybody should be massively reading into it that there’s going to be wholesale changes here in the coming days or weeks.”</p>



<p><em>PHOTOS: IMAGO</em>.</p>

Motherwell announces agreement with US partial owner

A US-based investor and Motherwell's top brass have come to terms, and negotiations with the American family will go forward following.


<p>The United States U20 team has found out their competition for the upcoming FIFA U20 World Cup in Argentina. FIFA <a href="https://www.fifa.com/fifaplus/en/articles/u20-world-cup-argentina-2023-draw-results-groups-sections" target="_blank" rel="noreferrer noopener">conducted their draw</a> for the tournament Friday morning. The Americans were drawn into Group B of the competition alongside Ecuador, Fiji, and Slovakia. Perhaps the most compelling matchup of the draw was Brazil being placed in the same group as Italy.</p>



<h2>US U20 team stumbling into World Cup</h2>



<p>Much like their senior counterparts, the United States U20s are considered the <a href="https://www.concacaf.com/rankings/men-s-under-20/" target="_blank" rel="noreferrer noopener">top CONCACAF team</a> in the region. However, they will enter the 2023 tournament on a bit of a low. The Americans played three friendly matches in Spain throughout the month of March. They failed to win any of the trio of fixtures. </p>



<p>This included a 4-0 loss to France and a 4-2 defeat against England. The U20s also drew 0-0 in a matchup with Serbia. Both France and England will take part in the upcoming U20 World Cup.</p>



<p>Nevertheless, the U.S. was still in pot 1 of the draw. This means that they are considered one of the top teams in their age bracket. The group-stage pairings will be seen by many as a fairly favorable draw for the United States. Ecuador and Fiji were both at the bottom of pot 2 and 3, respectively.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<div class="ck-twitter"><blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">The stage is set! 🤩<br><br>The <a href="https://twitter.com/hashtag/U20MYNT?src=hash&amp;ref_src=twsrc%5Etfw">#U20MYNT</a> will face Ecuador, Fiji, and Slovakia at the U-20 <a href="https://twitter.com/FIFAWorldCup?ref_src=twsrc%5Etfw">@FIFAWorldCup</a> in Argentina. See you next month! <a href="https://t.co/qFAmpzcjbt">pic.twitter.com/qFAmpzcjbt</a></p>— U.S. Soccer YNT (@USYNT) <a href="https://twitter.com/USYNT/status/1649424584318361601?ref_src=twsrc%5Etfw">April 21, 2023</a></blockquote></div><script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<p>The 2023 U20 World Cup is in Argentina from May 20 to June 11. Originally, Indonesia was the host. However, FIFA <a href="https://www.cnn.com/2023/03/30/football/fifa-removes-indonesia-hosts-u20-world-cup-intl-hnk-spt/index.html" target="_blank" rel="noreferrer noopener">stripped the nation as host</a> after an Indonesian official objected to Israel’s participation. Israel is in Group C along with Senegal, Japan and Colombia. The US team will begin their quest for the title against Ecuador on May 20.</p>



<h2>Full draw</h2>



<h5>Group A</h5>



<ul><li>Argentina</li><li>Uzbekistan</li><li>Guatemala</li><li>New Zealand</li></ul>



<h5>Group B</h5>



<ul><li>USA</li><li>Ecuador</li><li>Fiji</li><li>Slovakia</li></ul>



<h5>Group C</h5>



<ul><li>Senegal</li><li>Japan</li><li>Israel</li><li>Colombia</li></ul>



<h5>Group D</h5>



<ul><li>Italy</li><li>Brazil</li><li>Nigeria</li><li>Dominican Republic</li></ul>



<h5>Group E</h5>



<ul><li>Uruguay</li><li>Iraq</li><li>England</li><li>Tunisia</li></ul>



<h5>Group F</h5>



<ul><li>France</li><li>Korea Republic</li><li>The Gambia</li><li>Honduras</li></ul>



<p><em>PHOTO: IMAGO / Schwörer Pressefoto</em></p>


The United States U20 team learned their group stage opponents for the upcoming FIFA U20 World Cup in Argentina.

ALL POSTS TAGGED "Untied States"

News

Motherwell announces agreement with US partial owner

U-20 World Cup

U20 World Cup draw puts US in group with Ecuador, Fiji, Slovakia