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Chester have been put up for sale for £1, in a rather unconventional manner.
The offer was made to City Fans United, the main supporters group, in a text message from Stephen Vaughan, senior, that read: '£1 for 100% shareholding. u pay all outstanding creditors. Stephen Vaughan junior.'
CFU have turned down the offer with the club due in court on Thursday for a meeting with the taxman over a £26,000 bill, saying that two days is not enough time to complete the necessary examination of the club's books. One-time prospective bidder David Jones has made an offer to the club on similar terms, and is awaiting an answer.
Stephen Vaughan, senior, has claimed that the debts of the club are just £136,000 - a claim flatly disputed by most interested parties who put the figure at up to £750,000.
