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Adam Webb’s purchase of St Johnstone has today been completed with the US based lawyer taking control from Geoff Brown.

In an open letter to the Saints fans, Brown confirmed the takeover and brought the curtain down on his 38 years as majority shareholder.

The letter read:

“I am delighted to confirm the completion of the sale of my controlling interest in St Johnstone Football Club to Adam Webb.

“First and foremost, it was, and is, incredibly important to me that the club is handed over to the right person. Someone who will act as a suitable custodian whilst taking the club forward, continuing the good work that I feel has been done up until now. I strongly believe that we have found that person in Adam.

“In all of my interactions with Adam, I find him to be a man of high integrity and I consider that he has the best interests of the club at heart. I am confident that everyone connected to the club will discover this for themselves over the coming weeks, months and years.

“As I look back on my 38 years as majority shareholder of the club, I do so with a lot of pride.  As most will know I took on a football club back in 1986 that was in a precarious financial position, operating in a run-down stadium at Muirton Park whilst languishing towards the depths of Scottish football.

“It hasn’t been easy, but it has been a labour of love and I am immensely proud that I am now handing over a football club that is in a stable financial position, particularly against a backdrop that has been challenging at times, as has been witnessed by the number of other clubs that have ended up in financial trouble – and occasionally in administration – during my time within Scottish football.

“I know that some of the decisions taken over the decades may not have been popular at the time but the one thing I can guarantee is that all decisions taken have always been done with a view to it being in the best interests of the club and in an effort to ensure that the club remained viable, and there for all to support and enjoy.

“Thank you again to all who have helped along the way since I took the club on all those years ago and I look forward to seeing you all at McDiarmid Park before too long.”

Adam Webb also commented on the takeover saying:

“I am delighted to confirm that we have now completed the purchase of the controlling interest in St Johnstone FC. After 140 years, the St Johnstone story begins a new chapter.

“Rest assured I will work tirelessly to make sure this is a chapter about values, integrity, success on the pitch, excitement in the stands and service to the community.

“Our ambition is to finish in the top six, compete in Europe and do well in cup competitions year-after-year. This is possible, but it will take time. Working relentlessly together, we will take one step each day and advance the club. With your patience and support, our goals are achievable.”