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Partick Thistle manager Gary Caldwell has had his transfer budget pulled, amidst uncertainty over the club's takeover by NewCity Capital. The proposed takeover has raised concerns among Thistle staff, with sources claiming that the new owners do not prioritize promotion to the Premiership this season.
What happened?
The transfer budget pull has left Caldwell with limited options to strengthen his squad, despite having earmarked four further arrivals to supplement his team for a promotion push.
Why it matters for Partick
The lack of transfer funds will hinder Partick Thistle's chances of promotion, with the club currently sitting in 2nd place in the Scottish Championship, with 66 points from 36 games, and a recent form of DDDWD.
What comes next?
The Scottish football authorities are performing due diligence on the proposed takeover, specifically around rules relating to dual ownership. The outcome of this process will have a significant impact on Partick Thistle's future, with the club's players and staff already feeling the effects of the uncertainty.
| Stat | Value |
|---|---|
| League standing | 2nd in Scottish Championship |
| Points | 66 |
| Recent form | DDDWD |
| Last result | ST Mirren 1-0 Partick (2026-05-25) |
The club's training ground plans have also been shelved due to problems with gaining planning permission, adding to the uncertainty surrounding the club's future. Partick Thistle have been contacted for comment and are expected to respond soon.
