Eight new investors take minority stakes in St Johnstone

An open letter from Adam Webb as eight new investors take minority stakes in St Johnstone:

I am pleased to report that eight investors have taken minority stakes in Saints in America, LLC, the company that has just purchased a controlling interest in St Johnstone Football Club. 
 
This is an exciting group of investors, each of whom I know personally.  In addition to being passionate football fans, they are all smart and successful in their fields.  They will be great partners in our quest to achieve the goals set forth in my recent open letter.  Without exception, the investors are excited to visit Perth, attend games with family and friends, engage with supporters and to be affiliated with such a storied club. 
 
The investors are Matthew Klase (attorney, Atlanta, Georgia); Franklin Lemond (attorney, Atlanta, Georgia); Chet Arter (attorney, St. Augustine, Florida); Mark Chastain (physician, Atlanta, Georgia); Chris Davis (physician, Birmingham, Alabama); Jeff Hardwick (entrepreneur, Birmingham, Alabama); Kyle Ingalls (entrepreneur, Savannah, Georgia); and Cary Webb (retired math professor and my father, Chicago, Illinois). 

Each of these co-owners has taken an interest of five percent or less, leaving me with a 70% stake in Saints in America.  I will greatly value their input and opinions but it is important to have a majority owner who is capable of making important decisions quickly.  I do not intend to ever be in a position where St Johnstone lacks decisive leadership from a majority owner. 
 
Come on you Saints! 
 
Adam Webb