Jimmy Ginnelly will remain as First Team Manager.
Nuneaton Borough Football Club has posted a statement about their future.
The club has confirmed a takeover by DA Capital.
David Anderson, Nick Thompson and Robert Tidmarsh will now obtain operational control.
Jimmy Ginnelly, will remain as First Team Manager, he said: "My time as a custodian of Nuneaton Borough has come to an end. Because of the last months developments, I feel that it is now time for someone else to take over the club.
"David, Robert and Nick have a great knowledge of football business and understand the local aspect that make this club so special.
"Their expertise and ability as owners to take the club forward and deal with the challenges ahead is the best possible outcome for the survival and growth of the club.
"I want to thank everyone who has helped me over the years, all my sponsors, friends and especially my family for all the long hours of commitment we have put in, to build the club back up to the highlights of last seasons Play Off Final.
"Now I can focus fully on the football, which is what I have always wanted to do and leave the buisness of the club in good hands.
"The team is in a great place to challenge for promotion again and we are having a wonderful cup run, plus we have some great young players coming through our new academy that will be the long term future of the club.
"I urge the whole of Nuneaton to get behind the new owners and support them as well as you have supported me so we can achieve great things."
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