MACC Town owners Amar and Bashar Alkhadi are set to make a huge commitment to the club - by converting a é1m loan into shares.

The major shareholders proposed plans will take their shareholding up from 55 per cent to 75 per cent.

And the move means that even if the Iraqi brothers decided to sever ties with the Cheshire outfit - not that there has been any mention of them doing so - they would not be able to take back their investment.

The share purchase will also put the telecoms entrepreneurs in total control of Macc Town - provided the plans are approved at an Extraordinary General Meeting (EGM) on July 31 - and they will own 1,466,677 of the 2m shares available.

"Ités another excellent example of Amar and Basharés ongoing commitment to the club," said Silkmen chief executive, Patrick Nelson. "First of all to lend the money in the first place and, secondly, to convert it into equity.

"This absolutely cements their involvement in the club."

Although Nelson urged caution for supporters who think this is fresh investment. He added: "This is not é1m weéve got to spend; this is é1m that has already been spent - ités just not a loan any more."

The League Two club has called an EGM at the Moss Rose on Monday, July 31 at 5pm - before the Silkmenés pre-season friendly with Manchester United - to announce the plans to shareholders.

Fans had previously feared the Alkhadis - who have invested more than é2m in Town over the past three years - might walk away after the club were ordered to pay more than é250,000 to the FA after being found guilty of financial irregularities last December.

But their latest financial investment will allay any concerns - and is further proof the brothers are fully committed to Town for the foreseeable future.

Indeed, last April they announced a éthree-year plané for the club, including slashing ticket prices and ploughing money into the Silkmenés centre of excellence.

Bashar Alkhadi said: "Ités part of a three-year strategy; over the last three years weéve looked to stabilise the club, which weéve done. Now ités time to push on and prosper."