Barnsley FC owners complete deal to purchase Ostende

Paul Conway and Chien Lee.Paul Conway and Chien Lee.
Paul Conway and Chien Lee.
BARNSLEY majoity shareholders Pacific Media Group have added to their sporting portfolio after completing a deal to take over debt-ridden Belgian outfit KV Ostende.

The Pacific Media Group have acquired a majority shareholding in the struggling Belgian First Division A club - paying off part of the debts immediately, with another part to be paid off in the longer term.

Ostende are second from bottom in the Belgian top-flight.

Former Barnsley CEO Gauthier Ganaye is expected to take up a role at the club.

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