To be fair to all three consortiums we have today agreed to extend our deadline for selecting the successful offer and a decision will be made next week.

A choice of possible first-team managers acceptable to all the parties has been identified, however, and final interviews for the post are happening early next week. This means a manager can be appointed before the ownership situation is clarified.

An update on the ownership and first-team manager situation will be made by no later than Wednesday next week.