Motherwell and Well Society 'want same thing' amid investment talks

Motherwell chief executive Brian Caldwell says collaboration with the Well Society is integral to any potential investment from former Netflix executive Erik Barmack.

Caldwell, who took up his role last month, told club media he needs to "reverse the trend" of losing money and open new "income streams".

Barmack and wife Courtney are looking to invest in the Fir Park club, with the two sides currently in discussions having agreed a non-binding Head of Terms.

"I think it's really important with any takeover, with the sensitivity of this, especially with it being fan owned is that the Well Society have buy in and come with this whole transaction going forward," Caldwell said.

"Obviously it has been well documented that Erik [Barmack] is very keen to move it forward as quickly as possible but again, we all need to understand that it's important we get it right. It's important that everyone is happy with things going forward.

"I think the only way we do that is to take a little bit of time to make sure that when it does get ready to go to a vote, everyone is on board, that this is what's good for the football club and any investment coming in to the club itself is positive going forward because it's getting increasingly hard.

"We're losing money every year at the moment and how do we reverse that trend? It's part of my job to find new income streams and try and save costs where we possibly can and encourage more people back.

"That's a slow burner, that can take time to try and make any in roads but again that's something I'm talking to the Well Society about, how can we do that, let's work together.

"For me that's so important that we work together. I've said it before, we all want the same thing."