Son of one of Preston's richest men Arif Patel has bought into Preston North End.

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Hussain Patel, the son of multi-millionaire Arif Patel, bought the 6.53% stake in the Preston city's football club, from former chief executive Steve Jackson in a deal worth more than £300,000.

The deal makes the Lancaster Royal Grammar School student, the club's fourth-largest shareholder.

Chairman Derek Shaw, said: "We welcome the Patel family.

"I have know Arif Patel for 30 years as a shareholder, and he has many successful local businesses.

However, he ruled out the possibility of new investment in the club.

He added: "At this stage there will be no new investment in Preston North End. 

Read Here :  https://www.asianimage.co.uk/news/1600241.teenager_buys_stake_in_pne/

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