Not even sure it needs any formal announcement really, though I'm sure there will be one, if only for the media element to it all.
Pretty clear who is in charge now.
And I for one, don't underestimate the magnitude of this. A rich bloke with connections and knowledge . With youth, energy and drive, buys a provincial club in the far North, in League One and not even at the top of it, in the middle of horrendous worldwide business conditions, and a club which has been hollowed out by incompetents.
When you look around the football world, including the two leagues above us, there are a lot of clubs walking on the edge of a razor blade and would be very happy indeed with a takeover of this type.
Hard to see a downside to any of this. Welcome aboard to my favourite Frenchman!