King's Lynn speedway supremo Buster Chapman insists he is the right man to lead the Linnets' revival. Chapman is one of four potential interested parties who have expressed an interest in helping re-form a new football club.

King's Lynn speedway supremo Buster Chapman insists he is the right man to lead the Linnets' revival.

Chapman is one of four potential interested parties who have expressed an interest in helping re-form a new football club.

The Stars boss revealed yesterday he also made two failed bids to bail out the former board following the club's initial High Court winding up petition.

Chapman reiterated he is committed to playing an integral part in whatever emerges from the wreckage.

'I am proud of the town and proud of my achievements,' he said. 'I can assure the fans that I would be the right person to bring the Linnets back to life.

'Last week I met with the head of the council, Ray Harding, because I needed to make sure they would approve the transfer of the lease if the previous takeover attempt had gone through. He was more than helpful and seemed delighted that I would be taking the club on. Now things have changed as the club has gone into receivership. I'm sure the council will be flooded by numerous other parties interested in taking it on as only a small amount of capital is now needed - but I am still here if they want me.'

Chapman's final 11th hour takeover attempt was sunk by the FA's stringent ownership rules but the Norfolk Arena boss also lodged a previous buy-out bid.

'When I heard the news that the club had been taken to court my initial reaction was of great sadness,' he said. 'I immediately phoned one of the directors who I'd previously been a guest of and asked if I could look into bailing the club out. In that preliminary meeting with him it was clear from the accounts more than just a bail out was needed and I decided that the only way the club could move forward and have a secure future would be if I took over the whole club and restructured it.

'Unfortunately my first offer was not taken up by the board as one of the former directors had gone public in deciding he would save the club. When that promise evaporated last weekend the club really had nowhere to go and I was re-approached by the two remaining directors. But the FA insisted the only way it could continue was in the same company name. I'm afraid that was not an option for me as I was not willing to take the responsibility of any other debts that I may not of have been previously made aware of.'

Chapman insists his winning speedway formula could work with the town's other sporting flagship.

'Even though football and speedway are two different sports they are both team sports where success is achieved by working as a team rather than a group of individuals,' he said. 'In 1993 I bought King's Lynn speedway after it was on the verge of going into administration and over the past 16 years myself and my family have worked hard to make it one of the top speedway teams in the country.

'It is also one of the few clubs where the fans never have to worry about the club's financial future. At the beginning it wasn't easy but once I moved to King's Lynn and became part of the community things started to work out. I believe that I now have the relationships, the experience, the know-how and the team behind me to carry that success on to the football club and rebuild it with solid foundations and with the community being the main focus.'

Chapman, pictured, has also promised Linnets' season ticket holders free entry to the first five speedway meetings of the Stars' 2010 campaign.

'I know that most fans will be terribly upset with the news of the club's closure,' he said. 'But season ticket holders will be even more upset as they have lost money that they paid in advance in good faith. I feel that offering free entry into our first five meetings will help soften the blow.'