Davies is quoted on QPhas Official site to have said: "Following the game at the weekend we became aware that a section of supporters were concerned that the latest bid submitted to BDO Stoy Hayward by the board of directors was being backed by Ron Noades - this is not true.
"I would like to state that Mr Noades has no involvement whatsoever in this deal. The money behind this deal is being provided by an individual who wishes to remain anonymous at this time. I appreciate that this is frustrating for supporters, being aware that something is happening without knowing the full picture. We'll tell people as much as we can as soon as we can."
"I would like to state that Mr Noades has no involvement whatsoever in this deal. The money behind this deal is being provided by an individual who wishes to remain anonymous at this time. I appreciate that this is frustrating for supporters, being aware that something is happening without knowing the full picture. We'll tell people as much as we can as soon as we can."