MARK FRY has set a deadline of next Friday to try to get investment in the club.
The administrator yesterday informed staff at St Mary’s they were not getting their May wages on pay day but asked them to continue working until next Friday out of goodwill while he tries to find the cash to pay them.
He will hold another staff meeting next Friday at which point he hopes to have some good news.
However, if that is not the case then it is understood not to necessarily mean a definite end for the club but he may not ask staff to continue working without pay.
In terms of raising the cash, Fry’s best bet is to try and sell the club and get the £500,000 deposit off a potential purchaser that is required for them to move into an exclusivity period.
Fry confirmed that he is still talking to four parties – believed to be the two Irish investors, the Pinnacle group, the Marc Jackson and Stuart Green led bidders and the mystery overseas consortium, which is believed to have Swiss connections.
Full story in today's Daily Echo
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