CHESTER City owner Stephen Vaughan is seeking a buyer for the troubled League Two club.
The Merseyside businessman made his intentions clear in a short statement posted on the Blues’ official website this afternoon.
It read: “Chester City board of directors today announced that City owner Stephen Vaughan has put the club up for sale and will continue to sponsor the club until a suitable buyer is found.”
The Blues are currently languishing at the wrong end of the League Two table and have struggled with low home attendances this season. Mark Wright was brought in as manager 10 days ago following the sacking of Simon Davies.
Vaughan took over Chester in 2001 and invested heavily, culminating in the club winning the Conference title in 2004. But the Blues have struggled against relegation in each season since winning promotion back to the Football League and Vaughan resigned as chairman last December.