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Leyton Orient takeover complete

A consortium led by Baskin Robbins and Dunkin' Donuts CEO Nigel Travis has completed its takeover of Leyton Orient.

The cost of the takeover and the total stake bought hasn't been disclosed. 

The takeover ends Italian businessman Francesco Becchetti's troubled three-year stay as owner of Leyton Orient.

The club recently staved off a winding-up petition at the High Court, having paid off debts to four creditors.

Following the winding-up petition being dismissed, rep­re­sen­ta­tiv­es of the Leyton Orient Fans' Trust (LOFT) urged Becchetti to sell the club "urgently to any new responsible owner".

A statement on the club website, said the club had been sold by Becchetti without any "debts to the bank" and "without arrears for taxes".

A statement from the outgoing owner said: "Over the last two years, I have, un­for­tuna­tely, not been able to dedicate myself to following the club as closely as I would have wanted.­ This is clearly the moment to leave the club to others and I know that in doing so I am leaving it in good hands with Nigel Travis."

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