The change of ownership at Yeovil Town FC has moved on significantly following a period of intense behind the scenes activity, according to club officials.

The club has posted on its website that over the last 10 days, a meeting with the National League took place and it passed the FA Owners' and Directors' test.

Yeovil Town said the next step is to complete the 'required share purchase agreement' and the formal approval of the 'change of ownership by the National League.'

The club has also agreed a new main sponsorship deal with Jones Building Group.

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The statement reads: "Following a period of intense behind the scenes activity over the last few weeks, the change of ownership of Yeovil Town FC has moved on significantly.

"Over the last 10 days, two key parts of the process have taken place – the new ownership meeting the National League and passing the FA Owners' and Directors' test.

"The final step is completing the required share purchase agreement and subsequent formal approval of the change of ownership by the National League.

"This positive news has been complemented by the successful completion of two key commercial contracts – which includes a new main sponsorship deal with Jones Building Group.

"In addition, although season ticket sales will continue for several more days, sales are already substantially over 1,000 and final season ticket numbers could be similar to last season’s levels."

Prospective new Yeovil Town co-owner, Scott Priestnall, said: "Both I and the existing owners are very keen to see the legal process completed as soon as possible and a meeting with them this week helped clarify a number of key issues.

"I am very much looking forward to seeing the first league game at Barnet today and have been very encouraged by the news that so many Yeovil fans are travelling to back Darren and the team."

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