.jpg)
Southampton's Administrator has told the press that a sale of the club is unlikely in the timescale available. Main bidders Pinnacle, supported by Matt Le Tissier, have lost consortium members and their unofficial approach is said by the Administator to not be what they originally claimed to be able to offer. Some fan sites are suggesting the club has only a week left to formulate a deal.
Northwich are the latest side to enter Administration, utilising the same firm used by Chester. They owe around £500,000 - most of which was inhereted by current owner Jim Rushe when he bought the club nearly two years ago. Rushe still intends to complete purchase of their stadium by mid-June but the club itself cannot sign new players until outstanding debts are paid.
Stockport's Supporters' Trust has lodged a bid for the club. They have assembled a group of local businessmen that will purchase the majority of the club, with the Trust holding 10%. They are one of a number of potential bidders still eyeing up the club.
Chester's owner, Stephen Vaughan, appears to be trying to side-step FA rules on insolvency after putting his son down as the owner of the club at Companies House. The twohundredpercent website has a nice update on Vaughan and his dealings that is worth a read, with the FA's 'fit and proper person' rules blacklisting anyone with two insolvent clubs behind them. One potential bidder for the club told the Devachat forum "Needless to say the figure i was quoted was completely out of a viable pricerange given the current circumstances"
Bournemouth still have a winding up order on the table over a failed Twenty20 cricket match last August despite owner Paul Baker saying the matter has been dealt with. Baker has one firm offer on the table for the club, and six other bidders circling.
Darlington's hopes of selling teenage striker Curtis Main to Fulham have been dashed. An official club statement says both Newcastle and Middlesboro are still interested in the 16 year old. Press reports say land owner, and former club chairman, George Houghton won't let go of a majority stake in the stadium and surrounding land to any bidder.
