Jamie Snowden’s Colonel Harry will look to make a success of the next step in his chasing career in the William Hill Towton Novices’ Chase at Wetherby on Saturday.

The chestnut made a good start over fences with a taking victory at Chepstow, after which he stepped up in level to finish second behind Le Patron in the Henry VIII Novices’ Chase at Sandown.

Those runs follow a good spell over hurdles, though Snowden has always expected chasing to be his forte and hopes he will continue to be proved right as he steps up to just short of two and a half miles in Yorkshire.

“He was a decent novice hurdler but always threatened to be a better chaser and so it has proved so far,” he said.

“He won very nicely on his chasing debut at Chepstow and then put in a huge performance when second in a Grade One at Sandown the last day.

“A mistake at the first just put him on the back foot and he was always playing catch-up from then. He almost made up the ground and was closing all the way to the line, but just didn’t quite get up.

“I think the step up in trip here should suit him now. There are nice horses in this race and he needs to go and do it, but it looks the right race for him and he will like the ground and he’s in great form.”

Also involved is Kim Bailey’s Trelawne, a winner on seasonal debut at Carlisle and then third in a Cheltenham novice chase in mid-December.

Bailey was intending to run the eight-year-old elsewhere but with an eye on the weather forecast, he has opted to aim for Wetherby at the weekend.

“It is kind of a late decision and our original plan was to go to Chepstow on Tuesday, but they think that won’t be on,” he said.

“He needs racecourse experience so we have decided to reroute here, but Jamie Snowden’s horse looks took tough to beat at the weights.

“If the ratings are correct then it could be quite an interesting race, but we shall see and Trelawne needs experience.

“If he hadn’t made the mistake at the last then he might have gone a bit closer at Cheltenham (last time), but he is a nice horse I hope.”

Olly Murphy’s Chasing Fire was luckless when unseating his rider last time out at Aintree, prior to which he was well beaten in an Ayr novice on his second start of the season following a winning debut over fences at Uttoxeter.

The step up in trip is expected to suit, however, with the gelding having three victories over hurdles to his name, alongside a bumper and a point-to-point success.

Murphy said: “Two miles round Ayr was far too sharp for him and he had a good start to his chasing career at Uttoxeter, while he was unfortunate to unseat Harry (Skelton) at the first at Aintree the last day.

“He’s up in trip and it’s a bit more of a test of stamina than he’s been used to. He’s still unexposed and a big, slow track will suit him.”

Dan Skelton’s The King Of Ryhope also holds an entry, with Hurricane Highway and Meetingofthewaters non runners.

Ange Postecoglou believes an alignment between all the key figures at Tottenham has allowed them to move quickly in the January transfer window.

Postecoglou repeatedly made clear his desire to bring in a centre-back early and Spurs completed the signing of Radu Dragusin from Genoa on Thursday, with Djed Spence heading on loan in the other direction.

It capped a busy week for Tottenham after they secured the loan addition of Timo Werner from RB Leipzig on Tuesday and allowed Eric Dier to depart after 10 seasons to join Bayern Munich.

Spurs’ quick work is a big shift in strategy after previously waiting until the end of the month to secure signings and Postecoglou paid tribute to chairman Daniel Levy, technical director Johan Lange and chief football officer Scott Munn.

“It’s easier said than done because while we might have a desire to do things early, you’ve got to have all parties agreeing to that and it’s not easy to do, especially in January,” Postecoglou said ahead of Sunday’s trip to Manchester United.

“The key thing for us was from the chairman to Johan and his team and Scott, we were all very aligned in what we wanted and we got our targets early.

“It was pretty clear what we wanted to do and if it didn’t happen, then we’ve moved on. But I think the fact that we were all pretty aligned on what our objectives were allowed us to be sitting here now with two players in – not so much for Sunday, but we know we’ve got a two-week break which means we get at least a couple of weeks to get the lads up to speed.

“We had some pretty clear objectives. If there’s an opportunity for us to get better, we’ll take it, but what we were trying to achieve going into it, I’m really pleased we’ve got two players in who I think will play a really important part for us.”

Postecoglou has continued to reshape the squad this month with former captain Hugo Lloris joining Los Angeles FC and Dier ending his nine-and-a-half-years at Tottenham to join Bayern.

“The club made a conscious decision to change the way we went about things and for that to happen you need change in personnel,” the Australian reflected.

“Hugo left and Eric moves on to another chapter in his career, he’s another one who has had a fantastic career here at Tottenham.

“Eric’s left his mark, he was part of a very very good side who made many great memories for our supporters here and he certainly leaves his mark here at Tottenham.

“He moves to another big club and hopefully has success in the rest of his career.

“For us, it’s a constant evolution of traying to inch forward to becoming the team we want to be.”

Postecoglou expects Dragusin to be involved at Old Trafford despite still waiting for his work permit and Micky van de Ven is fit enough to start.

Cristian Romero has also returned to training and could feature against United, but Giovani Lo Celso and Ben Davies are both out.

Lo Celso’s absence could earn Werner his full debut.

Erling Haaland is still out but Kevin De Bruyne is ready to start for Manchester City at Newcastle on Saturday, manager Pep Guardiola has said.

Striker Haaland is still troubled by the foot injury that has sidelined him since early December.

The Premier League champions, however, are boosted by De Bruyne’s progress after the playmaker’s return from a lengthy lay-off as a second-half substitute in last weekend’s FA Cup victory over Huddersfield.

City also expect midfielder Jack Grealish to be available after illness, but defender John Stones is not yet ready to return from an ankle injury.

City manager Guardiola said at a press conference: “Jack has been sick. Hopefully today he’s back. Erling is out and John is out.”

De Bruyne said last week he expected to be on the bench at Newcastle, but asked if he could start, Guardiola said: “Yes. What I saw yesterday he looks really good and dynamic.

“The minutes he played were really good, better than the training sessions before the Huddersfield game when he was a little bit not what he is.

“But that’s normal when you come from five months of injury. He had highs and lows in the training sessions, but that is completely normal. The important thing is he is getting better.”

Broadway Boy is out to confirm his position as one of this season’s leading novice chasers in Warwick’s Trustatrader Hampton Novices’ Chase on Saturday.

Trained by Nigel Twiston-Davies, the six-year-old has excelled over fences so far this term, where ambitious campaigning has seen him win three of his first four starts over the larger obstacles.

Since his sole defeat at the hands of Flooring Porter, Broadway Boy has twice dazzled at Cheltenham – firstly when winning a Listed event by an emphatic 20 lengths and then returning in December to outgun a cast of seasoned performers which included former Gold Cup third Protektorat.

He now takes the next step on his novice chasing journey, with Willy Twiston Davies – who bought the horse for owner David Proos and rides him out most days – confident the talented gelding is the one the others have to beat.

He said: “He’s been very, very good so far and obviously it’s not Cheltenham, which is his preferred track, but he jumps very well left-handed and it’s a good jumping test for him, the ground is fine and we know he stays well, so you would hope he will be bang there.

“Looking at the race, you would like to think the others have him to worry about and they have to step up to his level, so we go there quietly confident.

“We will learn a bit more on Saturday and both Grey Dawning and Apple Away are not bad horses, but hopefully if he beats them, it cements him as one of Britain’s top staying novices.”

Dan Skelton claimed the Grade Two contest with Galia Des Liteaux 12 months ago and will attempt to repeat the dose with Grey Dawning, who scored on the card over timber in 2023.

Grey Dawning has made a respectable start to his chasing career, impressing at Haydock on his penultimate start before rallying following a juddering error two from home at Cheltenham last time to be denied by just under a length.

Some 14 lengths adrift of the Skelton contender at Haydock was Lucinda Russell’s Apple Away, who had to settle for third place on that baptism of fire in the chasing ranks.

However, the Grade One-winning hurdler put the experience gained to good use when romping home at Leicester next time and, having delighted connections with her jumping in the East Midlands, is now set another stern challenge which could dictate which path she takes later this season.

“I wish we could find an easier race, but this is where she is at and this is what we do,” said Peter Scudamore, Russell’s partner and assistant

“I think Nigel and Dan’s horses are very good horses but she jumped very well at Leicester and she won a Grade One at Aintree (over hurdles), so she deserves her chance.

“I was pleased by the way she jumped (at Leicester) and we gave her quite a big ask first time over fences at Haydock. But she learnt from that and got it together at Leicester and really jumped well. She has toughened up and is on the upgrade and let’s hope she puts up a good performance round Warwick.

“We would love to go to Cheltenham with her and we just need to decide if she runs in the mares’ race, a handicap or the Brown Advisory.”

Joe Tizzard’s The Changing Man split Cheltenham Festival winner Stay Away Fay and Grey Dawning when they clashed at Exeter and is entitled to his place in this line-up, while Evan Williams’ Carbon King completes the five-strong field, having made a winning chasing debut at Ffos Las last month.

Readin Tommy Wrong was a surprise winner of the Lawlor’s Of Naas Novice Hurdle as Willie Mullins sent out the first three home.

The six-year-old came into the race unbeaten under rules but still looked a lesser light for the trainer in the Grade One, as Ile Atlantique, Chapeau De Soleil and Lecky Watson were more fancied in the betting.

Under a patient ride from Daryl Jacob, the winner travelled at the rear of the field, beginning to gain ground rapidly two furlongs from home, having started at 16-1.

He then locked horns with 6-4 favourite Ile Atlantique on the approach to the line but the outsider toughed it out to lead home the Mullins one-two-three, with 14-1 Lecky Watson the third-placed horse.

Mark Dodson has dismissed any notion that criticism of Scottish Rugby’s handling of Siobhan Cattigan’s death played a part in his decision to call time on his near-13-year reign as chief executive.

The Englishman was appointed in September 2011 and his most recent contract, signed in 2022, was due to take him up to June 2025, but the 63-year-old revealed on Friday that he will instead depart this summer, declaring it “the perfect time” to move on.

Dodson’s announcement comes just two months after the governing body apologised – via a statement from recently-appointed chair John McGuigan – for the way it dealt with the death of 26-year-old Scotland Women international Cattigan in November 2021.

Cattigan’s family said undetected rugby-related brain damage caused a significant decline in her health, while they also criticised Scottish Rugby for its failure to inform some of her team-mates of the family’s wishes that they attend her funeral and also for not attempting to pay tribute to her at an international match until almost 18 months after her death.

Asked if the fallout from Cattigan’s death had been a factor in his decision to step down, Dodson said: “There is no connection. It is an upsetting affair and it’s been a difficult time for everybody, but it had no bearing on my decision at all.”

Dodson – who has polarised opinion throughout his reign – also played down claims that he is leaving Scottish Rugby in ailing health after the organisation reported a £10.5million loss for the last financial year.

“I think the business is performing really, really well,” he said. “When you look at statutory accounts and you see the losses there and you look widely, rugby’s in a tough place at the moment across the whole of the UK and the southern hemisphere.

“We’re trading well in a really difficult market so, from my point of view, the business is doing well and I’m happy with where we are on that.”

Dodson is adamant there was no pressure on him from anyone within Scottish Rugby to leave his position.

“None at all, it was entirely my decision,” he said. “I talked through with John McGuigan at length during the autumn and I suggested this was the right time to go. We agreed, we moved on.

“Several factors were in play to influence my decision. When we got back from the World Cup, I thought long and hard with the family and we believed it was only right that the next World Cup cycle be given to someone who is actually going to see it through.

“My contract was up until 2025. It was there to make sure we had continuity between the new governance structure and the new boards being bedded down.

“We’ve made tremendous progress on that. John and I have worked really closely together since he joined the business and the new strategy piece we are doing at the moment will run for a 10-year period.

“It was right for me to say ‘I think we should hand this over to someone who will be able to execute it over the long term’.

“The national teams are in good shape, the two pro teams are in good shape, we had a record crowd (for the 1872 Cup game between Edinburgh and Glasgow), we’ve got two nascent female teams just coming through.

“We felt it was the right time to move on. There are other things I want to do in my career and we felt it was the perfect time to do that.”

Henrietta Knight was out of luck with her first runner for over 11 years as Zettabyte finished unplaced at Wincanton.

Knight enjoyed tremendous success during her first spell with a licence, winning the Gold Cup at Cheltenham three times with Best Mate.

She was also responsible for Queen Mother Champion Chase and King George hero Edredon Bleu, the Stayers’ Hurdle with Karshi and Victor Chandler Chase (now Clarence House) with Somersby.

Having competed at the highest level of equestrianism before beginning her training career, Knight was always credited with being a great horsewoman and until recently several trainers have sent their horses to her for extensive schooling.

She had retired in 2012 but announced in November her intention to return and saddled her first runners at the Somerset venue.

While the seven-year-old Zettabyte, formerly with Gordon Elliott, failed to trouble the judge he did briefly suggest he might play a part in the finish suggesting there is something to work on for Knight.

The Start Your RacingTV Free Trial Now Handicap Hurdle was won by Anthony Charlton’s Ilanz (11-2).

Erik ten Hag wished Jadon Sancho luck at Borussia Dortmund but would not be drawn on the winger’s long-term future following the Manchester United misfit’s temporary return to his former club.

The 23-year-old left the Bundesliga side for Old Trafford to much fanfare in 2021, joining in a £73million deal after a long, well-documented pursuit of the England international.

But Sancho has struggled to live up to the hype and been banished since claiming he had been made a “scapegoat” after Ten Hag said he did not reach the “level” required to be involved in their squad at Arsenal.

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The winger has been training away from the main group since September and has now returned to Dortmund on loan for the remainder of the season without an option to buy, saying it felt like he was “coming home”.

“I hope he’s doing well, so I wish him the best of luck,” Ten Hag said. “That’s it. I hope he’s doing well and he will be a success.”

The Dutchman has been reluctant to speak about Sancho during his four-month absence and quickly shut down further talk about the United man.

Asked what Sancho has to do at Dortmund in order to get back in the United team, he replied curtly: “No, I already replied. I think it’s enough.”

Sancho followed Donny van de Beek in leaving on loan, with other peripheral players likely to follow as United’s injury issues begin to ease.

The Red Devils have been beset by problems this term, but they are easing ahead of Sunday’s Premier League clash against Tottenham.

Lisandro Martinez could be involved for the first time since injuring a foot in September, while Casemiro has been out with a hamstring complaint picked up in October.

“We have had a lot of injuries,” Ten Hag said.

“This week in training, so the last couple of days, Licha Martinez training, Casemiro training, Luke Shaw training, so there are players returning. They are coming in for selection for Sunday.

“(Christian) Eriksen was ill in the week, he will return. Antony will return. Amad (Diallo) will return.

“We have more choices in this moment in the squad to put out a starting XI and to create a bench that is stronger.”

Ten Hag’s options are improving and the United boss will be hoping that is matched by an upturn in players’ form.

Antony has been particularly underwhelming after joining from Ajax for 100million euros (£84.8m) in 2022, with a slow first season following by a poor second campaign.

The Brazil international was given a leave of absence in September to deal with allegations of abuse against him that the winger has always strongly denied.

Police inquiries in Brazil and the UK are ongoing and Ten Hag believes off-field issues have had “an impact on him”.

“I can explain (his struggles),” Ten Hag, who worked with Antony at Ajax, said. “I think it’s very simple.

“I think his off-field issues stop him playing. I think first year was OK and I think in the pre-season he was very OK. First four games were very good.

“He was out and then he came back. He didn’t deliver the performance we should expect from him and he can do so much better.

“You mention Ajax, also I look back there so his effectiveness, his end product was very high there and also in the Champions League very high.

“So, I am sure he’s capable of doing this.”

Quilixios was much the best to take the BetVictor Irish EBF Novice Chase at Naas, in which the well-regarded Mister Policeman could only finish third.

The latter was the 8-15 favourite for Willie Mullins after winning both Irish starts in good style, including his chasing debut at Fairyhouse in November.

It was assumed there was more to come from him – but it was Henry de Bromhead’s 5-1 shot Quilixios, well beaten when last seen in the Florida Pearl, who moved with most menace in the five-runner field.

On the turn from home Rachael Blackmore pulled clear and was chased but never threatened by Gordon Elliott’s Sa Fureur, as Mister Policeman was a remote third after struggling from some way out.

“He was really good, jumped brilliant, travelled well and we couldn’t have really asked for any more,” De Bromhead said of the former Triumph Hurdle hero.

“He jumped a bit right in Limerick (chase debut) and we were concerned about that, but no sign of it here.

“He has loads of gears and is a Triumph Hurdle winner. He’s a class horse.

“We got the trip wrong the last day. He wouldn’t blow you away with speed at home, but those good two-milers have such a high cruising speed. Sizing Europe was the same and so was Special Tiara.

“He’s in the Irish Arkle, but we’ll speak with everyone at Cheveley (Park Stud, owners) and see where we go.

“I’d say he’ll have to go to the Arkle (at Cheltenham) now.”

Betfair halved Quilixios’ odds for Cheltenham, making him 25-1 for the Arkle from a previous price of 50-1.

Kerry Lee is relishing the chance to step Nemean Lion up in trip in Kempton’s Coral Lanzarote Handicap Hurdle.

The seven-year-old has been a consistent performer for the Bell House handler and, following an encouraging novice campaign, won the Welsh Champion Hurdle on his reappearance before running with credit in the Greatwood.

However, having shown staying prowess on the Flat and also finding the scoresheet over an extended two-and-a-quarter miles at Kelso during his novice season, Lee has decided now is the time to try Nemean Lion’s hand over further.

She said: “It’s very exciting and as a Flat horse back in the day, he was a winner over staying trips and he was second in the Group Two Prix Chaudenay on heavy ground over two miles at Longchamp. On that basis, you have to assume he will get a trip.

“Possibly his best run to date was in a Grade Two at Kelso last spring, where he did all his best work at the end of the race and that was over two-and-a-quarter miles. This is only another couple of furlongs and there is no reason to doubt he will stay.

“He’s only just turned seven and I think Golden Horn horses are a little bit slower to mature than some, so he might just be coming into his prime.”

A quick look against Nemean Lion’s name will show entries for both the Champion Hurdle and the Stayers’ Hurdle at the Cheltenham Festival.

However, those lofty ambitions are firmly on the back burner for the time being, with Lee appreciating her stable star faces yet another stern challenge in the Kempton feature.

She added: “He’s got some crazy Cheltenham Festival entries in the Champion Hurdle and the Stayers’ Hurdle just in case things go exceptionally well, but I think you have to treat this kind of race with the respect it deserves and there are a lot of good horses in here.

“You’ve got a Betfair Hurdle winner (Aucunrisque) in there and Sonigino, who won well at Aintree before Christmas, not to mention Nicky Henderson’s runners – and it’s a very hot race.

“But Nemean Lion is a great horse and, off 140, we’re actually pleased not to be carrying top-weight for once. He’s a great horse to have and a lot of fun. He’s in rude health and has been ready to run for three weeks or so now and we’ve hung on to him until we got the ground we want for him.”

Nicky Henderson has won the Lanzarote four times in the past and saddles progressive pair Impose Toi and King Alexander in search of victory number five.

The former was only a neck away from registering a hat-trick when mistakes at the final two flights of hurdles ultimately stopped him reeling in stablemate Luccia, but now has the chance to gain some compensation and is the big-race favourite with the sponsors.

“He ran a cracker at Ascot and just missed the last two a little bit,” said Frank Berry, racing manager to owner JP McManus.

“He was probably a little bit unlucky, but this is a nice race for him and Nicky is very happy with him. We’ll learn a bit more about him and we’re looking forward to it and hoping for the best.”

Champion trainer Paul Nicholls is also double-handed, with Ditcheat number one Harry Cobden electing to ride impressive Aintree scorer Sonigino and Bryony Frost taking the reins aboard Irish Hill.

“The Lanzarote has been the plan for Sonigino from the moment he bolted in at Aintree early last month,” Nicholls told Betfair when assessing the seven-year-old’s chances.

“He has progressed nicely this season and was well suited by stepping back up in trip at Aintree, where he looked like the winner a long way from home.

“The key to his improvement is that he is settling better in his races with experience. He was raised 6lb after Aintree and will not find things easy under top weight.”

It has been some time since Up For Parol has found the scoresheet, but Jamie Snowden’s eight-year-old made the podium in this race 12 months ago after being sixth in 2022 and now tries to make it third time lucky off an ever-decreasing mark.

Snowden said: “He’s run in this race the last two years and was only beaten eight lengths off a mark of 133 a couple of years ago and was third in it last year off 129, and he comes in it here off 126.

“We would have appreciated a little bit softer ground perhaps but he’s in good order and fingers crossed he can run a decent race.”

Joe Anderson hit the headlines with his miraculous recovery at Plumpton recently and now rekindles what has previously been a successful partnership with Neil Mulholland’s Mothill.

The six-year-old struck at Uttoxeter in the hands of Anderson in the spring and, after a pair of outings on the Flat, was ridden by Jonjo O’Neill Jr when hosing up at Sedgefield on Boxing Day.

“I would say that he has got a good old chance,” said Anderson. “It is a super competitive race, and he will have to step up again, but he is a progressive young horse that has the right sort of profile for a race like this, as he is a strong traveller that stays very well.

“He went up five pounds for his last win, but my claim takes care of that, and he did it nicely up at Sedgefield.

“He got the job done at Uttoxeter and then he was good at Sedgefield the other day. He hasn’t really raced in a big field, but this race should suit him and he is a horse going the right way.”

Rory McIlroy maintained his two-shot lead in the Dubai Invitational after battling back from a shock quadruple bogey in round two.

McIlroy had looked in imperious form as he carded an opening 62 and extended his overnight advantage to four shots on Friday with birdies on the third and fourth at Dubai Creek.

However, the world number two then found water off the tee on the par-three eighth and, after moving forward to the drop zone, amazingly hit another ball into the hazard from just 130 yards.

Three birdies on the back nine saw McIlroy sign for a 70 and halfway total of 10 under par, two shots ahead of Germany’s Yannik Paul and Denmark’s Jeff Winther, whose 66 was the joint lowest round of the day in testing, windy conditions.

“I think if I look at the other 17 holes that I played, I played very, very well again. Hit some good iron shots,” McIlroy told Sky Sports.

“Played not too dissimilar to the way I played yesterday. I maybe holed a couple more putts yesterday but the conditions were getting a little trickier. Wind was up, greens were firm and a couple miscues on the eighth hole.

“I felt like I did well just to get my head back into it and play some solid golf on the way in, and everyone seemed to find it a little more difficult today than yesterday. So it’s nice to go into the weekend still with the lead.

“I had a chance to bounce back on nine that I missed but [the birdie on] 10 was big. The two shots into 13 were big too to make two relatively easy birdies.

“I gave myself chances most of the back nine, which was nice, and I was able to convert a couple before that tough finishing stretch there on 17 and 18.”

Dubai resident Tommy Fleetwood added a 69 to his opening 66 to share fourth place on seven under par with compatriot Jordan Smith, Denmark’s Thorbjorn Olesen and the South African duo of Thriston Lawrence and Zander Lombard.

Motherwell chairman Jim McMahon denied their fundraising video was akin to “begging for money” as he stressed the club was not in financial difficulty.

A video that appealed directly to Hollywood celebrities and finished with a young fan saying “Taylor Swift, gie’s some dosh” has been viewed more than two million times on social media and already led to enquires about investing.

However, it sparked embarrassment among many fans and led to concerns about the finances of a club which lost £1million in the 2021-22 campaign and was expected to announce similar financial figures for last season.

McMahon stressed the fan-owned club had cumulatively broken even since the Well Society assumed majority ownership in 2016 and explained they were looking for either more members, sponsorship or new investment to “de-risk the business”.

The 74-year-old was unaware of any criticism of the advertising agency-produced video and said: “We are not desperate for money. We are financially stable and we have enough money to see us through this season, next and maybe a bit of the next.

“So I don’t see it as begging for money and I am not embarrassed by it.

“I don’t think it’s a desperate cry for money because it isn’t. If it comes across that way, I can only say to fans, ‘that’s not what it was meant to be’.

“It was meant to be a tongue-in-cheek take on some of the trends that are happening in football just now and an attempt to encourage folk into the shop.

“We had more Well Society members sign up in the first couple of hours of the video than the last two or three months. And we have already had about 10 declarations of interest – can we find out more about the ability to invest?

“It’s part of our strategy to use our other contacts, mainly into the (United) States and other parts of the world, to say: ‘Here’s what we are. Here’s what defines what we are as a club, are you interested?'”

Many fans will wonder why the club needs to seek investment after receiving a record £3.25million fee for David Turnbull in 2020 and taking up an interest-free £3m Covid-19 recovery loan from the Scottish Government.

The club’s wage costs increased by 60 per cent in five years up until the summer of 2022 and Motherwell outspent the likes of St Mirren, Kilmarnock and Ross County by £1-2million on wages during that latter season.

The Well Society has already committed more than £1m into the club, mostly through a loan that is unlikely to be repaid, and fans continue to contribute to a reserve fund.

McMahon, who plans to step down at the end of the season, admitted there was a “reasonably big gap” between costs and income if they do not perform well through player sales, cup runs or league position.

“Five, six years ago we didn’t have big injections of money from Americans or other people,” said McMahon as he denied the fan-ownership model was failing.

“James Anderson at Hearts is putting £5million a year in. You have Dave Cormack at Aberdeen. You have the Hibs money.

“There’s money coming in that is making it more difficult for us to compete on the pitch with these clubs. I think we react to it by trying to see if we can accrue money from other sources.

“We are not in financial difficulty, we are not trying to sell the club, we are trying to give it the best chance for the future. We should be examining the model continually to see if it’s still fit for purpose.

“I would tick the box of working jointly with someone whose values align with the Well Society. I guess the board would go out to the members with the proposition.”

Barcelona have revealed Raphinha will be out for an indefinite period due to a thigh injury sustained in the Spanish Super Cup win against Osasuna.

The Brazil forward was withdrawn in the first half as Barca booked their place in Sunday’s final against arch-rivals Real Madrid in Riyadh by beating Osasuna 2-0 on Thursday night.

Barcelona said on their official website: “Tests carried out on the first-team player Raphinha have revealed that the he has an injury to his biceps femoris muscle in his left thigh.

“He is unavailable for selection and his recovery will dictate his return.

“The Brazilian forward was injured in the first half of the 2-0 win against Osasuna in the Spanish Super Cup semi-final and was replaced by Lamine Yamal.

“The game in Riyadh was Raphinha’s 20th appearance this season for the Blaugranes in which he has scored four goals.”

Raphinha was signed from Leeds in July for a fee worth up to £55million, having made 65 Premier League appearances for the Yorkshire club.

The 27-year-old has scored three goals in 15 LaLiga matches for the Catalans.