Canadian entrepreneur Mario Lapointe completes takeover of Dumbarton

Canadian businessman Mario Lapointe has completed his takeover of Dumbarton.

The Sons were relegated to the fourth tier of Scottish football last season after a campaign in which they were placed in administration following years of financial uncertainty and docked 15 points.

Lapointe, who the club has described as a “Canadian entrepreneur and business owner with a passion for sport, particularly football”, was confirmed as the preferred bidder for Dumbarton after a previous proposal from Gareth Phillips was withdrawn due to his ill health.

A statement from the League Two club read: “Craig Morrison and Ian Wright, the joint administrators of The Dumbarton Football Club Ltd, are delighted to confirm the completion of the sale of the club to Mario Lapointe.”

Morrison and Wright added in the statement: “So many people have helped to get to this conclusion but most importantly has been the support of the fans.

“We wish Mario and everyone involved with the club every success for the season ahead and for the longer term future of the Sons.”

The club have announced that Lapointe will meet sponsors and supporters at three venues in Dumbarton on Wednesday, as well as attending Saturday’s home friendly against St Mirren.