Fans group ‘won’t give up’ after takeover bid knock-back

Steve Rowland and Christine Seddon from BST at Saturday's game against Bury
Steve Rowland and Christine Seddon from BST at Saturday's game against Bury
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Blackpool Supporters Trust has revealed it is “actively seeking” new owners for the Seasiders after its own bid to take control of the club was rejected.

The fans’ group was left disappointed after club owner Owen Oyston announced last Friday that it would be “irresponsible” of him to accept the trust’s offer.

It leaves many wondering what BST’s next move will be after the organisation positioned itself in strong opposition to the current owners.

Christine Seddon, BST’s spokesperson, said they will now move on to plan B.

She told The Gazette: “We will go back to our members and we have one or two ideas about how we can take this forward.

“What I can say is that we are actively seeking another investor.

“The information is out there now. Who knows if there are people willing to step up?”

BST’s takeover offer, tabled in July, involved no new money but was widely reported as a £23m bid – that being the total of club assets the Oystons would have been allowed to keep under the deal added to the value of club debts/loans which BST pledged to write off.

Owen Oyston finally rejected the deal last weekend, stating that BST had failed to answer a list of questions he had put to them, a claim disputed by the fans’ group.

Seddon added: “As far as we are concerned the deal is still on the table, and we are still willing to sit down and discuss how we can take it forward.

“We aren’t going away and will continue to do what we can to change the club’s ownership.

“We’ll continue to look for alternative investors, and of course there’s also Valeri (Belokon, the club’s Latvian president, who has expressed a wish to take the club over and has initiated High Court proceedings against the Oystons). We are not giving up.”