Ryan in new bid for Terras (From Dorset Echo)

Ryan in new bid for Terras

4:20pm Friday 13th November 2009

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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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