ALDERSHOT TOWN players have started training for the new season following the news that the club's administrators and Shahid Azeem's consortium have reached an agreement in principle regarding the purchase of the club.
At a meeting on Monday afternoon the two parties gave the green light to entering a conditional sale and purchase agreement, which is expected to be signed today.
Azeem's consortium then plan to take the club out of administration and begin preparing for life in the Conference Premier.
A joint statement from the two parties said: “The sale has been achieved against a backdrop of many issues and could not have been achieved without the massive support of the fans and creditors whose donations and generosity have helped bridge the funding gap required to meet the CVA and Football Conference rules.
“This together with sums paid by the consortium, both to settle creditors and to provide working capital to fund the club going forward, ensure a bright future for the club.
“The Agreement is still only conditional as the transaction needs to be ratified by the board of the Football Conference and until they have confirmed their approval, we should still be mindful of this last hurdle to overcome.
“We expect to meet the Football Conference over the next few days and a further announcement will be made. However, in anticipation of receiving their agreement, football training has commenced again in readiness for the start of the season.”
