Since our update last week we have continued in our discussions with a number of parties in relation to an acquisition of the Football Club. We currently are very confident that a sale will be achieved and that this process will be concluded very shortly.

In relation to information regarding new interested parties, we are now in an unusual situation whereby we are receiving offers from a number of other parties very late in the day, but are committed to getting the transaction completed with our current buyer.

We are pleased that the Directors of the Football Club were able to take action that has enabled the staff to be paid for last month and once again would like to thank the Club and its staff for their continued support and patience.

Last week I was very concerned for the Club's future following the failure to complete by the then proposed purchaser but this week has been much more positive and as said we believe a sale is close to completion.

We will continue to keep you advised of progress.

Mark Fry
Joint Administrator

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