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Orient takeover completed

American consortium GSG LOFC Limited, led by New York businessman David Gandler, has completed a takeover of English League One club Leyton Orient.

The group has acquired 100 per cent of the east London club from its previous owner Eagle Investments 2017 Limited. Gandler, who is also the co-founder and CEO of streaming service FuboTV, will be the majority shareholder, owning 78.55% of the club.

“Our aim is to become a Championship club in the future,” he said. “We hope to achieve this by making sensible investments in our playing squad and off-pitch projects. Whilst we are very ambitious, we will not spend recklessly and will never make decisions that could jeopardise the future of this special football club.

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