"I have been working hard behind the scenes trying to put a consortium together and I've had the support of several local businessmen.
"I came up with a package which would see the club go back to basics and players paid match payments only for the next three to five years.
"We would have targeted a mid-table spot in Championship One next season with the aim of getting back, and being competitive, into the Championship in that period -
possibly working in conjunction with a supporters' trust. I have informed the administrator of my interest
but will now be withdrawing so as to leave the way open for Martin."
Interesting.