New Hartlepool owners pledge full support to Ronnie Moore

New Hartlepool United chairman Gary Coxall with Ronnie Moore

New Hartlepool United chairman Gary Coxall with Ronnie Moore

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New Hartlepool United chairman Gary Coxall has pledged his “full support” to Ronnie Moore after JPNG’s takeover was confirmed.

Coxall replaces Ken Hodcroft who has left the club after 18 years following Increased Oil Recovery’s (IOR) decision to sell.

The players that Ronnie Moore targeted before we arrived are still the players he’ll be targeting going forward

Gary Coxall, Pools chairman

And he has given his immediate backing to Moore and assistant Sam Collins, with the pair set to add to the six signings already made.

Pools announced on Friday night that IOR had sold, with SportMail the first to reveal JPNG would be taking over at The Vic.

JPNG, a specialist recruitment consultancy firm, were officially unveiled yesterday - and crucially the deal has been approved by the Football League.

“JPNG will not be coming in here to make wholesale changes,” said Coxall.

“The players that Ronnie Moore targeted before we arrived are still the players he’ll be targeting going forward.

“We’re in a great position to progress the club now and Ronnie and Sam Collins can look forward to our full support as they continue to improve the squad ahead of the new campaign.

“The fans were a huge part of what the club achieved at the end of last season and we’re keen for them to continue that brilliant support as we enter this exciting new era together.

“Never Say Die!”

JPNG’s finance director Peter Goldberg is joining the board of directors at Pools, alongside Russ Green who also remains as chief executive.

JPNG, who have offices in Essex, London and Dubai, have clients in Dubai, the UAE and UK.

They specialise in construction and IT and their directors Goldberg and Coxall have been talking with Pools for several weeks.

SportMail understands they have also held meetings with senior officials at Hartlepool Borough Council, who own Victoria Park, with the future of the ground a long-running saga.

The Pools chairman has described the League Two club as “very well-run” and he is looking forward to the challenge.

“I am delighted and extremely excited to be able to help lead Hartlepool United forward,” added Coxall, who will be presented to the media tomorrow.

“It’s a deal that we have been working on for the past three months and we’re really pleased that it all completed on Friday and we can start to implement our plans.

“This is a very well-run football club and we aim to build on the positive momentum created by the finish to last season and the great work done on the transfer front so far during the summer.

“I don’t want to put any pressure on but we are looking towards having a very good season.

“We have to support the first team in the best way that we can.

“For me to come in with great expectations, it is too early. Let’s assess three to four months into the new season.

“We have been going through the legal process for around three months, with the Football League and the FA.

“It was like Christmas Day when it was confirmed!

“Now the starter gun has gone off and now we can implement all the things we want to do.”

Hodcroft added: “I believe the club is on an excellent footing to do well in the upcoming campaign.

“The club has financial stability and we welcome JPNG to the world of football – we wish them and the club every success going forward.”

IOR have been looking for new investment for 18 months, with TMH 2014’s takeover last December collapsing within six weeks.

The proposed takeover – fronted by businessman Peter Harris – collapsed after serious concerns about their long-term plans for Pools and the club had remained up for sale since.