The sale of Crawley Town has been signed but no details are being released about the new owners.

The new consortium has completed the majority of its due diligence and the formalities should be completed by the end of the current season.

Chairman Vic Marley told BBC Southern Counties Radio: "The new owners want to make a big impact when its all sorted.

"We will concur with their wishes. You don't want any announcement that will give you bad luck."

Marley did confirm that the completion of the sale will see the departure of the Majeed family as owners.

The consortium also has some local representation as Marley added: "Its a diverse group, a little bit of local and a little bit of not.

I'm aware fans have had enough of the financial instability Crawley Town chairman Vic Marley

"I welcome the opportunity to work with these people and take the club forward."

Marley continued: "The plan is to take us forward into the Football League. "There will be some investment, yes. But only on a prudent basis. You only have to look around you and see the problems at Rotherham and Halifax."

Marley has also assured fans that a new winding up petition against the club will be paid before the hearing takes place.

"Its all in hand," he said. "You don't pay a bill you don't think is right. Our accounts department have been in talks with HMRC and we are now putting the funds in place to pay it.

"I'm aware fans have had enough of the financial instability. We are all looking forward to putting all those frustrations behind, and taking the club on."