Airdrieonians FC have a new chairman today as businessman Tom Wotherspoon takes control of the Club after purchasing a controlling stake. 

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Mr Wotherspoon spoke of the move in the following statement released to the press: 

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"Lanarkshire businessman Tom Wotherspoon has today announced that he has bought a controlling interest in Airdrieonians FC. 

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The move will see M & H Logistics Managing Director Tom Wotherspoon installed as the new chairman of the ambitious League One club.

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Wotherspoon’s M & H Logistics have consistently given significant cash backing to a variety of football clubs from the grassroots to the Premiership. Now they have thrown their weight behind Airdrieonians FC.

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As he looked ahead to a new era at the Excelsior Tom said: “I’m thrilled to have this chance to develop and improve one of Scotland’s great football clubs both on and off the park.

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“The Ballantyne family has shown great passion, dedication and knowledge in guiding Airdrieonians and we will lean on that heavily for the way ahead.

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“I’m a football fan with a solid business background and my heart is always in projects that I feel support the game in the right way.

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“I believe football can have such a positive influence on so many aspects of life, the club should be the beating heart of the community and that’s my aim for Airdrieonians.”

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Last season M & H backed Premiership side Hamilton Accies, League Two club East Fife and BSC Glasgow in the Lowland League.

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Now the company will back Gary Bollan’s side as they bid for promotion to the Championship in 2015/16."

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Further details will be released in due course.