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Search for manager begins after new 'mystery' buyer

A buyer has been found for Yeovil Town - we just don't know who.

The club has confirmed the person does not want to be identified just yet.

We're told they're waiting for all the paperwork to be finalised.

Bosses say it means they can hold interviews for a new manager.

A spokesperson confirmed last night: "Yeovil Town Football Club is delighted to confirm that new owners of the major shareholding of HPSP Ltd  have been identified, and are close to signing the required legal documents.

"The bidder selected has expressed a wish not to be publicly identified until the formalities are completed, but this development does now mean a first-team manager can be appointed early next week. 

"The new owners will be interviewing managers early next week and after the selection process has been completed, an announcement will be made to the media, supporters, staff, and contracted players."

Club Chairman John Fry added: "We have been working exceptionally hard to identify the right bid and this has been a challenging task as there were a number of legal and financial points to overcome.

"The deal we are announcing today is subject to the normal League and due diligence procedures, but all parties will now be working together to try and complete formalities as quickly as possible.

"Today's news ends the recent period of uncertainty and what I am sure will be an exciting  future for the club. 

"I would like this opportunity to thank our supporters for their patience, during this challenging period."

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