Plymouth Parkway can confirm that Heads of Terms have been signed with MEC Study Group, beginning the process towards a new structure for the football club.

The agreement marks the beginning of an exciting new chapter for Parkway, with work now underway to establish the foundations for the club’s future.

The proposed new structure will bring together the existing foundations of Plymouth Parkway with the experience, international reach and opportunities of MEC Study Group.

Founded in 2017 by Muizz Ahmed Mirza, MEC Study Group is an international education organisation headquartered in Kuwait, with a growing presence across the Middle East and South Asia.

British-educated and a graduate of the University of Westminster, Muizz founded MEC after experiencing the international student journey himself. The organisation has since supported more than 3,000 students internationally and developed a network of more than 600 university partners worldwide.

Muizz’s involvement with Parkway brings together two areas built around creating opportunities for young people, education and football, while opening the door to new commercial and international opportunities for the club.

His attraction to Plymouth Parkway has been driven by the club’s identity, its people and the community surrounding it, with a clear intention to build upon what has already been established.

Plymouth Parkway Chairman Mark Russell and Vice-Chairman Gez Baggott said:

“This represents an important next step for Plymouth Parkway and the beginning of an exciting new chapter for the football club.

“We are united in the view that the priority is to build on the foundations already in place, strengthen the club for the long term and create new opportunities across all areas of the football club.

“The opportunity to work with MEC Study Group also gives Parkway the ability to introduce the club to new audiences internationally, while remaining firmly rooted in Plymouth and protecting the identity that has been built here.

“There is a great deal of work still to be done, but signing the Heads of Terms allows that process to begin. The future is exciting, and there will be more to share as the next chapter develops.”

Muizz Ahmed Mirza said:

“Plymouth Parkway already has something money cannot create: history, identity, passionate people and a community that cares about its football club.

“My responsibility is not to replace that, but to protect it, build on it and give those people even more reasons to be proud of Parkway.”

At the heart of the proposed new structure is a commitment to keeping Plymouth Parkway rooted in the city. The club’s history, identity, supporters and community remain central to the future being developed.

The signing of Heads of Terms is the first step in the process. Further work will now take place, with the proposed new structure subject to due diligence, final agreements and the relevant football and governing-body approvals.

Further information will be shared as the process progresses.