CO-OWNER of South Parade Pier, Dawn Randall, claims she has agreed to sell the pier.
Ms Randall, who owns the pier with Fred Nash, said the contracts were exchanged last week.
She said: ‘I can confirm that we have exchanged contracts of the pier.
‘It is not with the South Parade Trust because they had no money.
‘It is one person, a very very wealthy person who doesn’t want to be named until next week.’
But Leon Reis, chairman of the South Parade Trust said he won’t believe a new owner has been chosen until he sees the contract.
He said: ‘I cannot understand why such word games would be attributed to the pier owners when we believe it is not true.
‘We won’t believe it until we see some evidence.’