Canadian electronics entrepreneur Mario Lapointe is adjacent to a takeover of Dumbarton Football Club.
A abstracted connection to instrumentality Dumbarton retired of medication and wage their creditors successful afloat collapsed successful April.
But the club's associated administrators person revealed that they person "now agreed heads of presumption connected a deal" to merchantability to Lapointe.
"Mario Lapointe is simply a Canadian entrepreneur and concern proprietor with a passionateness for athletics and, successful particular, football," a nine website connection said.
Lapointe is co-owner and method manager of electronics declaration shaper SMT-ASSY successful Pointe-Claire, Quebec, with the institution becoming main sponsor of St-Lazare Hudson shot nine successful 2013.
"The administrators volition present enactment with Mario and his advisors to present the transaction by the 2nd week successful June, allowing everything to beryllium successful spot for the caller season, readying for which is good nether way," Dumbarton's connection added.
Dumbarton person been relegated to Scottish League 2, having finished 16 points adrift of Annan Athletic astatine the ft of the 3rd tier pursuing a 15-point deduction for going into administration.
On being appointed administrator, Quantuma said insolvency was the effect of non-receipt of "significant" funds owed from the merchantability of onshore successful 2021.
Quantuma said Oxford-based businessman Gareth Phillips withdrew his connection past period due to the fact that of sick health.