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Administrators extend the deadline for offers
Guilfoyle expects three or four offers
Luton Town's administrators have extended the deadline for interested parties to make their bid for the club.
Administrator Brendan Guilfoyle said: "We are extending the deadline for offers until Monday, January 7, 5pm. It's just the practicalities caused by the intervening Christmas period.
"We've got a number of people who have reviewed the documents and they are now asking us further questions.
"We have three or four parties who I hope will make offers.
"Shortly after January 7 we hope to enter into exclusive negotiations with one party."
Meanwhile, the deal brokered with chairman David Pinkney to help fund running costs at the club expired at the end of the year, and the administrators must now raise enough money to ensure Luton can fulfil their fixtures for the rest of the season.
However, when a preferred bidder is in place they would be able to help stave off transfer bids from other clubs – but only if they have the money demanded by the administrators.
Mr Guilfoyle added: "Bear in mind I need money. If they say: 'Don't sell player X' I will say: 'Give me the money.
"There are loads of clubs in touch with us, as you would expect.
"The enquiries come in a variety of ways. Kevin has his own network of managers, chief executives tend to speak to me."
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Weather for Luton
Friday 25 May 2012
Today
Sunny
Temperature: 11 C to 24 C
Wind Speed: 21 mph
Wind direction: East
Tomorrow
Sunny
Temperature: 11 C to 22 C
Wind Speed: 20 mph
Wind direction: East
