St Johnstone sale complete as Brown hands over to Webb

Adam Webb has completed nan acquisition of a controlling liking successful St Johnstone, erstwhile proprietor Geoff Brown has confirmed.

Brown has been nan mostly shareholder since 1986 and says he is leaving pinch nan Perth nine successful a "stable financial position".

Brown besides assured fans that Webb is simply a man of "high integrity" who has nan "best interests of nan nine astatine heart".

The American lawyer has bought Brown's 75% holding aft nan move was fixed support successful rule by nan Scottish FA successful May.

Webb has a 10% stock successful English League One broadside Cambridge United.

"As I look backmost connected my 38 years arsenic mostly shareholder of nan club, I do truthful pinch a batch of pride," Brown wrote successful an open missive to supporters., external

"I cognize that immoderate of nan decisions taken complete nan decades whitethorn not person been celebrated astatine nan clip but nan 1 point I tin guarantee is that each decisions taken person ever been done pinch a position to it being successful nan champion interests of nan nine and successful an effort to guarantee that nan nine remained viable, and location for each to support and enjoy.

"It hasn’t been easy connected immoderate of america astatine various points during that clip but we person stuck together and I spot that we person made immoderate awesome memories on nan way."

Brown plans to usage proceeds of nan waste to create a organization hub which he believes will beryllium "of awesome use to some nan shot nine and nan section community, for generations to come".