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Last Updated: Monday, 11 February 2008, 11:07 GMT
Mostyn continues Cherries talks
Dean Court
Bournemouth are nine points adrift of safety in League One (Getty Images)
Bournemouth chairman Jeff Mostyn will continue dialogue this week with potential investors in the Dorset club.

Speaking to BBC Radio Solent, Mostyn confirmed that there are three interested consortia, with whom he has been holding talks for three months.

He said: "I'm extremely positive about bringing current negotiations to a successful conclusion."

The Cherries went into administration last week, with debts of around �4m, and suffered a 10-point deduction.

Mostyn himself could be part of a consortium taking the club forward. He gave a six-figure sum to finance the club though the early stages of administration.

Administrator Gerald Krasner of Leeds-based specialists Begbies Traynor said: "Without that investment from Jeff, I'm quite certain that we'd be talking about the liquidation and extinction of AFC Bournemouth."

Krasner has an eight-week period to formulate a plan with the club's creditors.

SEE ALSO
Luton 1-4 Bournemouth
09 Feb 08 |  League One
Bournemouth enter administration
08 Feb 08 |  Bournemouth
Cherries dispute Revenue petition
06 Feb 08 |  Bournemouth


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