Southend City Council must agree a deal with current Shrimpers chairman Ron Martin for the revised Fossetts Farm plans before a consortium headed up by Justin Rees can officially take charge of the club.
But, despite the council setting a deadline of last Friday, those key discussions are now set to continue in the next few days.
In a statement issued on Friday evening, council leader Daniel Cowan said: "Today we have had further crunch talks with Citizen Housing and a number of key items moved close enough to our red lines in the last couple of hours that I have approved us moving forward with negotiating new heads of terms.
"Our terms only being partially met and a late hour means that we need to do further work with external advisers which if proves to be good will enable us to move closer to developing heads of terms ready for new due diligence.
"We have worked every minute possible this week to get this completed but ultimately we needed the input and acquiescence of others just to get to this point.
"Though we could not have done more on our end, I hope it was enough." The statement came after a turbulent day of talks.
Denne historien er fra June 23, 2024-utgaven av The Non-League Football Paper.
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Denne historien er fra June 23, 2024-utgaven av The Non-League Football Paper.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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ENSIGN TEEN IS TAYLOR MADE!
WHITE Ensign boss Aaron Bloxham has hailed teenage talent Taylor Jacobi after his stoppage-time winner created history.
RAMADAN A RHYTHM IS BACK IN AT BLUES!
CEMAL RAMADAN reckons Bury Town have got back into their rhythm- but knows the Isthmian North title race is going to be a long haul.
DECRUZ IS SINGING THE BLUES FOR DREAM TIE
MERSTHAM manager Jamie Decruz says it would be \"crazy\" not to stage his side's glamour FA Youth Cup tie with Chelsea anywhere other than Stamford Bridge.
GLASSBOYS'JORDAAN IS A SCROOGE FOR BUCKS!
STOURBRIDGE snatched a dramatic stoppage time equaliser to seal a share of the points following a pulsating contest with promotion rivals Telford.
CLINICAL CALLUM HITS THE BULLSEYE
DARTFORD their D place in the play-off places as a 79th-minute goal from Callum Jones gave Adrian Pennock's side all three points.
ARDLEY'S OFF TO A WINNER!
NEAL Ardley got off to a winning start as Woking boss with victory over play-off chasing Altrincham and then admitted the Robins have set the mantra he would like the Cards to follow.
MADINE'S A MARVEL AT POOLS
GARY Madine's third goal in a Hartlepool United shirt fired his team to within two points of the National League play-offs after a dramatic victory over Yeovil Town.
BEES RATTLED BY TOP TOWN
BARNET slipped behind York City at the top of the National League after they were held to a draw by FC Halifax Town - a result thoroughly deserved by the Shaymen who battled for the whole game and gave the Bees barely a sight of goal.
Rovers denied by resilient Shots
DISAPPOINTED Steve Cotterill believes that his side had enough chances to beat Aldershot Town after dropping two points in their title quest.
KEEPER JOS REVELS AS GOAL HERO
IF you think goalkeepers never score, you must be Bark-ing mad.
