Hartlepool United will today officially unveil the club’s new owners – and Pools legend Joe Allon has urged them to splash the cash.
Increased Oil Recovery (IOR) have sold the League Two club, with global recruitment firm JPNG are taking over and 1991 promotion hero Allon believes the future is looking “very positive”.
Ronnie Moore has already made six summer signings, with further new faces to be added before pre-season training next Monday.
Allon said: “It was a bolt out of the ‘blue and white’ and it certainly has the wow factor.
“It took me by surprise, especially considering how active Ronnie has been in the transfer market, bringing in some quality signings.
“I just hope the new owners understand the town and more importantly understand the fans.
“We came that close to going out of the Football League, let’s now enjoy this fresh impetus.
“Back the manager, spend a bit of money and give the fans something that they deserve – I’d love to see an injection and any investment is great.
“With Ronnie at the helm, he is now a Hartlepudlian and understands the town and the fans.
“To improve, you have to have a different quality of player and that is down to Ronnie to gel the players, who he thinks are suitable for his squad.”
JPNG Global, who have offices in Essex, London and Dubai, are a specialist recruitment consultancy firm with clients in Dubai, the UAE and UK.
They specialise in construction and IT and directors Peter Goldberg and Gary Coxall have been talking with Pools for several weeks.
Allon says outgoing owners IOR deserve credit but says the focus must now be on the future.
The 48-year-old added: “IOR have to be given a lot of credit, but, at the same time, I would have loved to have seen them communicate more with the fans.
“We’ll always be grateful for what they did but now it is onwards and upwards.
“It is all very positive and lets get behind the manager, the club and give the fans what they deserve,” added Allon, who scored 86 goals in 205 starts across two spells for Pools.
Rumours linking technical recruitment agency Fircroft – which has links to the oil and gas industry and has offices worldwide including Aberdeen and Billingham – to the takeover emerged over the weekend.
Formed in Sale, Fircroft posted a turnover of £933million in 2014 but SportMail understands it is JPNG that is taking over.
Ken Hodcroft immediately stepped down as chairman on Friday after 18 years but chief executive Russ Green will be staying on under the new regime.
IOR have been looking for new investment for 18-months, with TMH (The Monkey Hangers) 2014’s takeover last December collapsing within six weeks.
The proposed takeover – fronted by businessman Peter Harris – collapsed after serious concerns about their long-term plans for Pools.
The club has remained up for sale since.
Reading loanee Aaron Tshibola and ex-Pools winger Andy Monkhouse, who has left Bristol Rovers, are targets and could be unveiled today.