The Al-Qadi family are in talks over the sale of Bristol Rovers to a UK-based consortium, with a proposed stadium site at the city's fruit market central to takeover plans.
According to an article on bristolpost.co.uk, discussions between the parties have been ongoing throughout 2019 and have reached an advanced stage, with the next two to three weeks a critical phase of negotiations.
The proposed buyers have identified the 11-acre fruit market site in St Philip's Marsh as the favoured location for a 20,000-capacity stadium and riverside development, although of paramount importance is securing the purchase of the land. The site’s three majority shareholders are Total Produce, Fresca Group and Arthur David & Company.
Total Produce regional managing director Nick Matthews detailed on BBC Radio Bristol on Tuesday how a bid for the fruit market was rejected earlier this summer, although the identity of the bidder was not disclosed.
Should the consortium succeed in purchasing the land, that will then lead to a full takeover of Bristol Rovers from the Al-Qadi's subsidiary group Dwane Sports.