Date: 7th July 2014 at 6:51pm
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Italian businessman Francesco Becchetti has completed the purchase of Leyton Orient Football Club.

Barry Hearn has agreed to sell his stake in the Club, ending 19 years as the owner of Leyton Orient.

In a statement on the Club’s official website, Leyton Orient revealed Becchetti will replace Hearn as Chairman.

‘Hearn`s company Matchroom Sport Ltd`s 90pc shareholding in the Club has passed to the Italian businessman, who will become the Club`s new chairman.

‘Hearn, his son Eddie, Steve Dawson and David Dodd have resigned from the board of directors whilst Matthew Porter has stood down as Chief Executive but will remain as a director of the Club.’

A press conference regarding the new board will be held on Thursday, where both Barry Hearn and Francesco Becchetti will be present.

So now that the takeover is complete, will this be a move in the right direction for Leyton Orient?

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