Trinity finished rock bottom of the Super League to end their 24 year stay in Rugby League's top flight. 

There was development off the pitch this season as the club's East Stand was rebuilt, which will be open for next season.

John Minards, Chairman, said, “I am delighted that we have reached agreement with Matt for this deal to go through following months of discussions and working together through what has been a very difficult time on the field. Please join me in welcoming Matt and his family as the next custodians of the institution that is Wakefield Trinity.

Despite the disappointment of relegation, the club is in a great position for success in the near term. The East Stand is almost open for business and its completion marks the end of a significant phase of our stadium redevelopment, following the new floodlights, screen and playing surface as well as the rebuilding of the North Stand."

Ellis introduced himself to fans on the club's website, saying, “I am sure just like myself and everyone associated with the club you are feeling deeply saddened by the club ultimately failing to maintain Super League status for the first time since 1999.

This is not through a lack of effort from Mark Applegarth but ultimately we haven’t been good enough.

We now need to move on to the next chapter in the club’s history, it is my intention to complete the takeover of the club in the next 14 days."