7:09pm Tuesday 7th July 2009
By Adam Leitch
Saints’ takeover is on the verge of completion.
The official announcement of the Swiss buyout of the club was expected to come this afternoon but a few unforeseen hitches involving third parties pushed things outside of banking hours and has meant a delay until tomorrow.
A source close to the deal told the Daily Echo tonight: "We’re as close as we can be without it being officially signed off."
Administrator Mark Fry is expected to be at the lawyers of Begbies Traynor tomorrow morning to finalise the last remaining pieces of paperwork.
Assuming there are no last minute delays again, an official announcement should be made by lunchtime.
The money behind the deal is believed to be from a relative of Swiss billionaires Willi and Isolde Liebherr but at this stage there are no plans for the new owner to appear at a press conference tomorrow.
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