Blackpool fan takeover rejected
Blackpool owner Owen Oyston has ended talks with the club’s Supporters’ Trust over a possible takeover. The Trust had launched a £16m bid in July.
In a letter on the club’s website, Oyston said: ‘I believe that if you were left to run the club you would go to the wall because you do not have any money or the experience necessary to support the club in its moment of need.’
‘It would be irresponsible of me to simply hand this over to you as it is clear to any independent observer that you could not operate it successfully.’
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