Kayseri Erciyesspor president Ziya Eren has told Turkish media he has bought Crawley Town for just £1.
The steel magnate has been quoted as saying it was a ‘symbolic’ payment and that he aims to have the League 2 side in the Championship in eight to ten years.
The 47-year-old has also told Turkish website Haberturk that he is currently waiting on Football League ratification for the deal to be completed.
The club announced on Monday that a deposit had been paid to their solicitors.
On Tuesday, a source close to the club laughed off claims that the Turkish first division side president had paid €4 million.
That figure was said to be ‘wildly off the mark’.
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