Bournemouth Evening Echo as saying: "Our consortium is delighted we have secured the ownership of AFC Bournemouth. Our hopes for the football club are visionary, strategic and sustainable, and will protect the long-term future of the football club. We will be holding a press conference as soon as possible at which our plans will be revealed in full. We ask all Cherries fans, whom we consider to be the lifeblood of the football club, for their ongoing, valued support".
Joint Administrator Gerald Kranser commenting on the situation is quoted as saying: "Mr Jackson has until the close of play on Monday to lodge the money into a bank account. There will be no further announcements until all the legal documentation has been completed".
As for the Football League, Krasner says: "We have to wait for the Football League, which normally takes four to six weeks. It may take longer because of the Leeds United arbitration. Until they make a decision, we can't transfer the Football League share. Until then, I'm the administrator and I just carry on as before, but now the new consortium is funding me".