Ardeer Thistle have announced that the takeover of the club by Hugh Clarke of Clarke ePOS (UK) Ltd has been blocked.

It comes after several other clubs the company was associated with cut ties with the business.

The Stevenston club came to the decision following a club AGM yesterday evening, July 8.

They confirmed the decision with a statement on social media this morning.

It said: "With the takeover yet to formally take place, we'd like to announce the proposal has been rejected, and Hugh Clarke will not be involved with the club in any capacity."

Current club chairman Billy Mitchell will now remain in the role, with Peter McBlain maintaining his role as secretary.

The decision follows statements from several other clubs that have now cut ties from businessman Clarke.

Whitletts Victoria, Falkirk and Livingston all announced they will no longer be working with Clarke ePOS in the past week.

Whitletts Victoria stated: "The company repeatedly failed to adhere to the agreed schedule of payments last season. 

"This has left the club out of pocket by a substantial sum and in order to protect the long-term interests of the club we have had no alternative but to cut short our original two-year agreement."

While Falkirk cited similar reasoning for severing ties. Livingston only confirmed the company's contract had been terminated.

With investigations into the company allegedly ongoing, clubs have not made any further comments on the situation.