The Glovers Trust has revealed it is in “serious talks ” with people interested in forming a consortium to make an offer to buy the club.
In an update statement to members, it said: “We would like to assure you that we are in serious talks with parties who are keen to form a consortium and put together a credible bid.
“These are early days in the discussions and we will update further in due course.”
In December 2020, South Somerset District Council’s executive agreed to an offer from club chairman Scott Priestnall to buy and lease back Huish Park stadium and surrounding lands.
As the holder of an Asset of Community Value (ACV) on the Huish Park site, the Trust was given the right to seek a moratorium period which would place a pause of up to six months on that deal going through.
The moratorium is due to expire on Wednesday, May 26.
The Glovers’ Trust set out the reasons behind its decision – see here.