Yes, the news which Berwick fans have been waiting for ever since the club was put up for sale a month ago, finally broke at the weekend when it was revealed that thanks to an 11th hour rescue bid, the Border outfit had been saved.
The new owners are a consortium, fronted by Dunbar-based John Anderson, of Anderson's the butchers, who have been the club's main sponsors for the past three years, and local businesswoman Linda Waite (no relation of outgoing promoter Peter Waite), who runs the village shop at Cornhill.
Confirmation of the take-over came late on Saturday night.
The club's future had been placed in doubt when Waite announced that he was selling up at the end of last season.
And concern grew when just days before the BSPA annual conference in Spain it was revealed that 'no serious offers' had been made.
Waite said there had been 'tentative enquiries,' and when his November 13 deadline came and went on Thursday, he revealed that he was seeking an extension in the hope that a serious bidder might be forthcoming.
On Friday, in a statement issued by the club, it claimed Waite was 'negotiating' with potential buyers who had made 'a last minute offer.'
Then the following day, came the news all supporters had been waiting for.
Waite said: "Thankfully all has finally gone to plan, it has taken a mountain of work to pull the final strings together, but at last we're there and all is okay.
"I'm leaving the club on a high after one of our best-ever seasons.
"It was really tough securing this deal, but the fans - and the town of Berwick-upon-Tweed - can rest assured that their speedway will continue in 2009.
"I'm so glad to have achieved this, and I can stand down and sit back and relax. It's a massive relief to me.
"I cannot thank John Anderson and Linda Waite, who is no relation to my family at all, and the rest of their consortium, enough for coming along so enthusiastically with this deal and saving Berwick Speedway.
"Their efforts must never be underestimated, especially as it was all a last-minute thing - they have been amazing.
"I also want to take this opportunity to thank everyone associated with my time at the club, your help putting on our show has been stunning week in, week out.
"Thanks also to the fans for supporting and helping me keep the place alive for nine amazing years, and the real stars – the host of riders who have been the Saturday-night entertainers.
"I think without my Bandits there are a good few riders who may never have ridden in the UK!
"It's been a real rollercoaster of a trip, but thanks to John, Linda and their new group my ride is all but over and I have time now to take stock and move forward in other walks of life, but there's no regrets, I wouldn't have changed a thing. Now it'll be back to the grandstand as a Saturday-night spectator for me, whenever I'm in town!
"Now is the time to move forward and most importantly upward – these people are the future of Berwick Bandits - please support the new guys, and thanks from me for all the good times."
John Anderson, who is heading the new consortium at Berwick, along with Linda Waite, is coming to terms with life as one of the new owners of the Bandits.
But the North Berwick butcher, who some might say has helped save the club's bacon, is quick to point out that whilst a deal may have been done to secure the future of the Borderers, there is an open invitation for anyone who would like to help financially to 'come and join them.'
"Peter (Waite) is exactly right when he says it was a late deal.
"At the moment Linda and I are the only two members of the consortium, but if there are people out there who would like to join us we will be happy to speak to them.
"The deal had to be done quickly otherwise the club might have gone out of business," he said.
"I have been a Berwick supporter since the mid-1970s, and we have been main sponsors for the past three years, so we did not want to see the club go under.
"When Peter first announced that he was putting the club up for sale, I think it is no secret that I made a few enquiries about trying to put a consortium together, but for one reason or another it just didn't work out.
"Then, following a conversation with Michal Makovsky, I learned that Linda might be interested.
"We talked it over, but it wasn't until Peter went out to the annual conference in Spain last week that we decided to put an offer in.
"When Peter phoned me he asked if there was any developments. I had to tell him there weren't, but Linda and I were both prepared to take a gamble and so we decided to go for it. It was either that or no speedway at all.
"Thankfully, Peter accepted, and so here we are, now finding ourselves in the hot seat, trying to work out what is the best way forward."
Anderson admits that it will be a big learning curve, but he is prepared to give it a go, and for that, Bandits fans everywhere must be eternally grateful.
"I have had quite a few telephone calls from people already, congratulating me on the take-over," he said. "And now that I hear dozens of fans from all over the country have been posting messages on the internet I know it was the right thing to do.
"And if I'm honest, I have to say it feels right as well.
"I have every respect for Peter for what he did for the club over the past nine or ten years, what he achieved was remarkable.
"But my business philosophy is not the same as his and I think it would be fair to say that my approach will be different.
"Linda and I are both settling into the role and we have a lot to learn. Two of my sons, Cameron and Ryan, will hold the promoter's licence with me, and my other son Mark will help out in whatever way he can. There will be further developments with regards to this in due course, but I cannot say any more on the point at the moment.
"But this is not about us, it's about the club.
"We want to see Berwick Speedway be a success, but for the moment we are just happy it is still in business."