Nixon believes Livi can forge a future if Angelo Massone sells up
Livingston fans spokesman Ged Nixon has urged Angelo Massone to go back on his decision to refuse a £25,000 offer for the club from their administrator.
If Massone does not sell, the club are likely to go into liquidation.
"There's nowhere else for Angelo to go at the moment and the decision on the survival of the club rests with he and he alone," Nixon told BBC Scotland.
"He has to do the right thing to give the football club a chance of surviving and that's selling his shareholding."
Italian Massone says he has been advised by his lawyer not to accept the offer made to him by interim manager Donald McGruther, from administrator Mazars, who was appointed on Friday by the Court of Session.
And McGruther has iterated that he would wind up the "insolvent" club on Wednesday unless Massone accepted the offer.
"It's looking pretty desperate and everything pretty much hinges on the goodwill of Angelo Massone dispensing with his shares to Mr McGruther to allow interested parties to at least look at getting something from the situation," added Livi for Life Supporters Trust chairman Nixon.
I believe everything else is surmountable. We can get a positive outcome. It depends on Angelo
Ged Nixon
"I would ask him to be as good as his word and do what he said he always wanted to do and that's the best for Livingston.
"He needs to sell the shareholding."
Former Cowdenbeath owner Gordon McDougall and former Dumbarton chairman Neil Rankine have expressed an interest in investing in the First Division club and Nixon believes the club could overcome administration if Massone were to release his stake.
"We've been working pretty closely with Gordon over the last few months and he holds the same beliefs as ourselves," Nixon said.
"Neil Rankine's obviously shown an interest as well. I've spoken to him over the last few days. I believe he's having a meeting with Donald today and he'll get a picture of what's required financially.
"I believe everything else is surmountable. We can get a positive outcome. It depends on Angelo. If Mr Massone sells his shares, I believe we can pretty much get to the end of the line. We have to hope that.
"It's far from easy and Angelo selling his shares is not the last hurdle, it's the first major hurdle,. But, yes, we can see some daylight at the end of it if we can get over the hurdle of Angelo.
"But, make no bones about it, if he doesn't sell then there's nowhere for the club to go and Donald McGruther would have to report to the football authorities on Thursday that he won't be able to fulfil his fixtures."
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