"It all started a month ago when I was approached by the council who asked me to look and get involved with Rotherham United" he said.
"First of all I looked at the club and the financial structure and then discussed the business plan which wasn't working. I felt it needed someone with professional knowledge to control it's daily spend. My knowledge in business will play a big part in that.
"I then put a business plan to the Administrator and it would appear he was impressed with the package I put together, perhaps because I believe it is a long term fix. I know I have a serious job to do."
Stewart, not a Millers fan but with a keen sports interest, is optimistic about times ahead.
He continued: "I've met with most of the staff and been in touch with the manager. It's going to be a team work situation and I'm looking forward to getting involved. I believe if it wasn't for the minus ten points Rotherham United would be in the play-offs.
"I'm confident there is a solution and optimistic there will be a future. Any company needs experience and knowledge and we are about being successful.
"The Manager, Chief Executive and myself have desire and ambition. I will do what I need to do to take Rotherham United forward. But it's time for the talking to stop now. I'm having meetings with the key people and have a business plan and we need to work to go forward."
Further details are set to confirmed before the final game this weekend with Barnet - as always we'll keep you upto speed.