Timetable set for Luton Town sale

Offers to buy the club will be discussed with creditors

Administrators have set out a timetable for the sale of Luton Town.

Prospective purchasers have until 31 December to sign agreements that they will honour the confidentiality of information given in the sale packs.

When buyers provide proof of funds they will then get access to more detailed information about the club's finances.

The final bid deadline is 1500 GMT on 3 January and a day later talks begin with a preferred bidder. Creditors will be advised of the offer by 14 January.

In early February there will be a creditors meeting to approve any offer.

The process should be finished by March next year.