Ryan in new bid for Terras (From Dorset Echo)
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Ryan in new bid for Terras
4:20pm Friday 13th November 2009 in Club News By Ky Capel
NEW BID: Chris Ryan
CHRIS Ryan's consortium has made a new offer for the ailing Terras.
The financier, who saw his original bid for Weymouth FC rejected by director Paul Cocks, has this afternoon issued a statement alongside advisor Steve Beasant.
The pair have assembled a group of investors who are willing to take the club forward "without entering administration or liquidation".
They will also "enter into immediate discussions with all creditors with a view to seeking settlement terms and turn the club into a break-even trading position within 12 months".
See tomorrow's Echo for the full story.
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