No.
A group of shareholders wanted to sell their shares.
They apparently had a plan to sell it to a consortium of foreign investors.
That failed, for whatever reason, so they had to look for an alternative.
That alternative was Colin Weir, who seems to have been persuaded by the argument of fan ownership to make his investment.
The selling shareholders had a choice. Stay and look for alternative methods of investment or sell to Colin Weir.
They sold.