League Two outfit Bristol Rovers announced this afternoon that they have been acquired by the Jordanian Al-Qadi family.
Jordanian Football Association member Wael Al-Qadi has been named club president, while Steve Hamer, a former chairman at Swansea City, replaces Nick Higgs as chairman.
"There is an element of sadness to be leaving the club but it a very exciting time to be involved with Bristol Rovers," Higgs told reporters.
"At the end of the day, we have found the right people to take the club forward and we cannot wait to see what happens from here on."
Bristol Rovers are currently eighth in League Two, just two points behind fourth-placed Accrington Stanley.