An international sports management company has revealed they want to buy cash-strapped Crawley Town on the day Azwar Majeed quit as chairman.

London-based Europa Sports Promotions have told The Argus they are willing to clear all the club's debt if creditors reject a bid from Azwar and his co-owner brother Chas Majeed to regain control.

Azwar has surprisingly stepped down, leaving director Sue Todman as interim chairwoman, a week before creditors decide the club's future.

Creditors not connected to the Majeeds' company SA Retail Limited will vote on whether to accept an offer of 50 per cent of the £940,000 they are owed next Wednesday.

They have been told by administrator Rob Sadler that: "Should creditors reject the revised CVA (company voluntary agreement), proposal, we will have no choice but to cause the company to cease trading, which would see no further football played this season."

But Europa, who run soccer schools across Europe and represent top class athletes, say they are waiting in the wings to take over.

Company director Matthew Pearson, 24, said: "We are willing to pay the creditors the full amount they are owed over a set period.

"We have seen the accounts are in a bit of a mess so we are not prepared to pay any more than the debts of the club.

"It does not have any assets so you are really only buying a name. The way we see it is that if we take on all the debts, that would be us buying the club.

"We have been looking to buy a football club for a while, especially abroad in places like South American and Africa.

"We feel this is an ideal opportunity for us to get a club with huge potential. Our business is all about sport and sports management, so this would fit into what we do perfectly."

Europa had an offer to buy the club turned down by administrators Begbies Traynor on August 10.

They made a second proposal but were told they were too late to meet the deadline.

Sadler had already accepted the Majeeds' improved bid after their first offer of 25 per cent had been rejected by creditors.

A Begbies Traynor spokesperson said: "ESPL (Europa Sports Promotions Limited) did make the deadline of noon on August 10. They were the only other bidder and the bid was not pursued."

Pearson said: "I made a bid at about 11 o'clock on the Thursday and we got an email back saying they had already accepted a bid and they wouldn't be pursuing ours any further.

"I then saw on the internet that the creditors had been offered 50p in the pound, which I found strange when we were offering the full amount.

"I then emailed saying we would pay 57p in the pound immediately and the rest later on and they came back saying it was too late."

Europa, formed in 2004, run soccer schools for some of Europe's top clubs.

Their clients include AC Milan and Paris Saint Germain and they have also worked with clubs in China.

Asked if the company can afford to run a full-time Conference club, Pearson insisted: "Definitely.

We have made enough to take on the club. We would certainly be prepared to pay the £1 million owed to the creditors."

Crawley's total debt is £1.8 million but over £800,000 of that is being claimed by the Majeeds.

They say the club owe SA Retail and other businesses connected to them for loans made over the last year.

Pearson said: "We would challenge that debt because I don't see how they can claim the club owes them money.

"You wouldn't get Roman Abromovich telling Chelsea they owe him £100 million. If you make an investment you can't then claim it back."

Azwar has resigned to concentrate on his other business interests but will remain as a financial backer.

A club statement said: "He considers this a positive step, encouraging the focus of the fans to be on the team's success.

"It has been a difficult but necessary decision as Azwar will focus on his other businesses in order to generate sufficient revenue to meet the future financial requirements of the club."

Todman, a company secretary for SA Retail, will take up the position until a new chairperson is found.

Club spokesperson Gil Roberts said: "Azwar will still meet all his financial commitments with the club.

"He feels the focus has been on him rather than the team and he doesn't want that.

"Sue is interim chairperson and the FA have accepted her because she is already on the board of directors.

"She understands the full history of the situation and she will assist while they seek somebody with football knowledge."