MK Dons Sold to Kuwait-Based Consortium Led by Fahad Al Ghanim
Stadium MK

MK Dons, the renowned football club, has entered a new era following its acquisition by a Kuwait-based consortium led by prominent businessman Fahad Al Ghanim. This significant transaction marks the end of Pete Winkelman’s 20-year tenure as chairman and owner, ushering in fresh leadership with ambitious plans for the club’s future.

The acquisition includes both MK Dons and the Stadium MK Group. Fahad Al Ghanim, whose family has substantial interests in sports, including ownership of Kuwait SC, leads the new consortium. The sale was structured to leave the club debt-free and has been ratified by the English Football League (EFL), ensuring compliance with all regulatory requirements..

Pete Winkelman, who played a pivotal role in the club’s relocation and rebranding from Wimbledon to MK Dons in 2004, expressed confidence in the new leadership. He believes that Al Ghanim and his team will drive the club forward with renewed vigor and ambition. “I am proud of what we’ve achieved over the past two decades, and I look forward to seeing MK Dons thrive under new ownership,” Winkelman commented【Source: Sky Sports】.

The sale has been met with enthusiasm from fans and local residents, who are hopeful that the new ownership will bring a fresh perspective and enhanced competitiveness. Supporters are particularly excited about the commitment to community initiatives and the focus on sustainable club growth.

As the new season kicks off, MK Dons is set to embark on a promising journey under Fahad Al Ghanim’s leadership. The team will begin its League Two campaign with a home match against Bradford City today (10/08), where fans will have the opportunity to witness the beginning of this new chapter.