GERALD Krasner has remained tight-lipped over suggestions he could be set to unveil the successful bidder for stricken AFC Bournemouth - with Jeff Mostyn believed to be in pole position.

A consortium involving current chairman Mostyn, vice-chairman Steve Sly and other mystery investors is understood to be closing in on finalising a deal to take Cherries out of administration.

And speculation that Mostyn's offer has been accepted intensified yesterday after administrator Krasner revealed he could hold a press conference at Dean Court tomorrow.

"I don't hold press conferences unless I've got something definite to say," said Krasner, when contacted by the Daily Echo yesterday.

Although he politely declined to expand on his reasons for the possible press conference, he did confirm that "things are moving on various fronts".

Mostyn was understood to have been one of three parties to have registered an interest in buying the club, with Dorset businessman Eddie Mitchell and a mystery Midlands-based multi-millionaire the other two.

However, Mitchell cooled his interest after claiming the administrator had told him that negotiations were already "far advanced with someone else", while the other potential buyer is understood to believe that Mostyn has first refusal through an exclusivity agreement.

Meanwhile, ex-Cherries president Stanley Cohen, a fourth interested party, claimed Krasner rejected his £3m bid for the club at the end of last week because he had refused to sign a confidentiality agreement.

Although the club's creditors could vote to reject any bid, Krasner could still ask the Football League to transfer Cherries' share back. The share is their right to compete in the league and is suspended while the club is in administration.

The share could be registered in the name of a prospective new company, with the old company - Bournemouth and Boscombe Athletic Community Football Club Ltd - placed into liquidation.