TERRAS’ director Paul Cocks is “100 per cent confident” that Weymouth Football Club will not lose the Wessex Stadium to Wessex Delivery Partnership should the club go into administration, as it is expected to next week.

Wessex Delivery Partnership paid Weymouth FC £500,000 to take charge of the land surrounding the stadium in early 2008 and since then there have been fears that the ground would be swallowed up as well.

However, Cocks told Echosport that should the Terras go into administration it would not trigger a stipulation to allow Wessex Delivery Partnership to takeover the ground.

“The option agreement that controls the land, that was set up between Wessex Delivery Partnership and Weymouth FC is a very complicated document,”

said Cocks, when asked whether he feared losing the stadium. “Before I was fairly confident but now I’m 100 per cent confident that’s not going to happen.”

Weymouth should only be in administration for a matter of days, according to a spokesman for proposed administrators Benedict Mackenzie LLP.

The Terras could be in administration in the middle of next week, with any offers to buy the club considered within a couple of days.

As revealed in Echosport over the past week, a south-coast consortium with “strong Weymouth links but no previous connections to the club” is interested in buying the club out of administration, and Cocks said that talks were now at “quite an advanced stage”.

However, reports that a Channel Island consortium was in-line to save the Terras were refuted by Cocks, as well as the proposed administrators’ spokesman, who said: “All the people I have spoken with have been south-coast based.”

Proposed administrators Benedict Mackenzie LLP were at the club yesterday to value its assets ahead of an administration period, with a buyer before then becoming increasingly unlikely. “I think it’s inevitable it will go into administration, unless there is a buyer who is willing to take on the debts,” said the spokesman. The administrators will be looking for a quick sale of the business as it is generating operating losses in its present structure on a day-to-day basis. “We’ll be looking for a quick sale so if anyone if interested they had better contact us as quickly as possible because people need to start building for the future.”