Deal agreed for Cherries takeover

[Chase]

AFC Bournemouth administrator Gerald Krasner has revealed that Mostyn's bid that was made this week has now been signed and agreed.

Mostyn's bid was formally made on Tuesday and was made public by the Supporters Trust.

Their statement read...

'...Steve (Sly) confirmed that the consortium had that day put in an official written offer to the administrators. If this offer is accepted then with it goes the responsibility of funding the club through the close season and meeting the FA`s conditions re the future viability of the club, this will mean a commitment to fund well over a million pounds...'

That bid now appears to be accepted with Krasner telling the Daily Echo...

'We've now got a signed, agreed offer.

'I've had some money this week and am expecting more today or Monday.

'That money is going to see us through June as and when we get it.'