Read the first statement from the new owners of Bradford City, Stefan Rupp and Edin Rahic, here.
The new owners of Bradford City have ruled out huge changes at the club saying ‘we will work with the existing structure’.
They also say they have already had ‘very encouraging’ talks with manager Phil Parkinson.
Stefan Rupp and Edin Rahic have now completed their purchase of the club. They take over from co-chairman Mark Lawn and Julian Rhodes.
Rahic, who will become Chairman/Chief Executive, will move to the UK with his family and base himself permanently at the Coral Windows Stadium. Rupp is expected to stay in Germany but make regular visits to the UK.
Rahic told the club’s official website: “Both myself and Stefan have a background in business and sport, and after looking at a number of clubs in England, Bradford City had the potential and fan base that interested us most.
“We do not have plans to make big changes but to work with the existing structure. We have seen the way the club and fans interact and the model of affordable football is very important to us.
“I met with Phil (Parkinson) this morning and we had a very encouraging discussion about the future.
"We understand there is a lot to do over the summer and we must manage expectations of the fans in the short term.”
It’s believed Rupp and Rahic paid around £6 million for the club.