Local businessman Lee Cobb, who headed a failed consortium bid to take over the club and reinstate former manager Steve King back in the summer, this week said the money for a buy out was still there and that a second bid to buy the club could well be on the cards.
However, he insisted that a bid would not be made until the club gave a clear indication of what the price of the takeover will be.
in May, Mr Cobb told Sport Express he felt he and his consortium had been "led up the garden path" by the board aft
er their bid had been rejected out of hand. Now he says he will not make a move until the club tell him what his bid needs to be.
He said, "We have got the money. We can get that money together.
"But I am not prepared to make any offer on behalf of the consortium until Martin (Elliott) tells us what he wants.
"We spent days and a lot of man hours putting together (the last proposal). I'm not prepared to go through that again.
"Until Martin tells us what he wants, we can't go anywhere. But if he comes to us and says 'We want 'x' amount' (an offer could be made)."
Mr Cobb admitted that any future consortium would not be as big – or have as much cash behind it – as the last one because of the "Steve King factor" no longer applied. There are some who were in the group in May who were putting up resources because they wanted to see King back in charge at the Dripping Pan. Now that King has been appointed boss of Northwich Victoria, those individuals would not be involved, said Mr Cobb.
But he added, "We have still got money and they (the club) know we have still got the money."
Mr Elliott, talking to Sport Express after our front page had gone to press yesterday, confirmed that contact had indeed been made with Mr Cobb and that "discussions" would take place between the two parties.
When asked about a possible bid from any Lee Cobb-led consortium, he said, "That's good; that's encouraging. We'll meet up and discuss it."
The full article contains 382 words and appears in Sussex Express Series newspaper.
