Falkirk reach agreement in principle with US-based investors
- Published
The Bairns moved to the Falkirk Stadium in 2004 and were last in the top flight in 2010
Falkirk have reached an agreement in principle with US-based investors for a six-figure cash injection.
Phil and Carrie Rawlins have pledged to take a 26% shareholding in the Scottish League One outfit and take positions on the board.
Falkirk begin their domestic season with League Cup and league fixtures next month.
Chair Gary Deans said the club sought to ensure all parties' "ambitions for the club are completely aligned".
Phil Rawlins is founder and life president of MLS club Orlando City and a former director of hometown club Stoke City, while Carrie Rawlins was previously a consultant with Deloitte & Touche.
And the Rawlins said: "Considering Falkirk's size, history and fanbase we recognise the club has been underperforming in recent years and we believe we can offer the financial impetus, network and expertise to help take Falkirk back to the Premiership. We believe Falkirk has a very bright future ahead of it."