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View Full Version : Chief set to sell Torquay shares



Darren Addick
02-10-2006, 11:23 AM
Torquay chairman Mike Bateson has confirmed he is close selling his controlling shares in the club.
The Plainmoor chief is holdings talks with potential new owners about a prospective takeover which could happen in the next few days.

He confirmed on-going dealings are "in the hands of lawyers" and for that reason the identity of the takeover firm is not being revealed.

Bateson said: "I am confident we will agree the deal."

He added on the club's website: "I have been in talks with several interested parties over the last few months and throughout the negotiations the future well-being of the club has been the only priority.

"It is fair to say that I am some way down the road towards concluding a deal and we will issue a full statement if and when a deal is concluded