BOSS Kevin Bond believes Cherries could have gone into liquidation had it not been for Jeff Mostyn's timely intervention.

Mostyn stumped up £80,000 to keep Cherries afloat just hours before his offer to buy the club had been accepted by administrator Gerald Krasner on Monday.

Krasner yesterday awarded Mostyn preferred bidder status after revealing the club had been "in danger of collapsing" before the current chairman had stepped in to save the day.

Mostyn's consortium, which includes Steve Sly and at least one other member, was given exclusivity and now has an agreed period of time to complete the deal.

Bond told the Daily Echo: "It's fantastic news for the football club. I don't think enough people have really grasped it because they seem to think that there is an ulterior motive and always like to question this and that.

"I know Jeff has got AFC Bournemouth's best interests at heart and that is his first and foremost concern. He is not looking to come out of this with any great profit or trying to do land deals.

"The scenario would probably be quite the opposite whereby it will cost him more money. He's got the best intentions of AFC Bournemouth at heart and deserves a lot of credit for taking it on board."

Bond added: "Sometimes, I think he could be throwing good money after bad if he's not careful and, as a personal friend, I really don't want him to do that.

"But he has sat back and had time to digest the situation. It would appear he wants to carry on so I take my hat off to him and wish him the very best of luck.

"It doesn't bear thinking about what might have happened if he hadn't come forward. I think there was a very real possibility that the club could have gone into liquidation.

"There have been so many people who have had a view and been quick to criticise and tell other people how the club ought to be run.

"I think Jeff has done a fantastic job of running the club since he's been here. He's very popular and I know he will do as good a job as anyone else so I think the supporters ought to back him in every way they can."

Bond, whose friendship with Mostyn goes back more than 25 years, added: "He's a good man and you can't have enough good people working with you.

"The relationship between the chairman and the manager is probably the most important in a football club.

"Contrary to what people want to believe, we have plenty of disagreements about the way I do things or things that I've done. It's not all sweetness and light between us but I've got a lot of respect for him as I hope he has for me."



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