COLIN WEIR has confirmed that he will be withdrawing his financial support for Partick Thistle in a statement issued this afternoon. 

As reported by heraldscotland.com yesterday, the Euromillions winner will no longer be contributing funds towards the Thistle Weir academy or the proposed training ground due to misgivings surrounding a potential takeover of the club by New City Capital. 

Weir's statement read: "It is with huge regret that I confirm I am withdrawing my financial support for Partick Thistle with immediate effect. Current uncertainties about its potential new ownership, combined with no substantive plan for the Club’s future and the instability caused by recent Board changes, mean I feel unable to make any further investment in the Club at this time. I have heard nothing from the Board/majority shareholders group that gives me confidence to continue with my support.

“I have invested around £2.5m to date, including a sum that allowed the Club to become debt-free, with a further £6m set aside for the training ground and to support the running of the Thistle Weir Youth Academy. But I can’t provide the benefits of significant monies and a facility to an unknown entity or group, who may or may not have the best interests of the Club at heart.

“I wish the fans and all associated with the Club every good wish for a successful season.”