“We wish to congratulate the administrator Fraser Gray and his team for achieving the CVA necessary within the May 31st deadline. They have managed this in difficult circumstances and deserve credit for their efforts.
“Lionheart can confirm that it is re-entering negotiations with the administrator and other relevant parties with a view to achieving management control of Livingston as quickly as possible. As the nominated preferred bidder we are convinced we can run Livingston effectively as an SPL club.
“We hope all parties can deliver a resolution to the situation and would ask all concerned to be patient while negotiations continue hopefully to completion.”