
Island entrepreneur Trevor Hemmings is reportedly selling Blackpool Tower.
The local council is in negotiations to buy the landmark and the winter gardens for a significantly lower cost than Mr Hemmings paid for it.
The property owner bought it for £76 million but Andy Mitchell, news editor at Radio Wave in Blackpool, says a figure of £40 million is now being discussed.

Ard-Shirveishagh hopes he's given members enough time to consider 'Charter for Change'
Live video streaming 'significant step' in making parliament more accessible
Treasury: 'Challenging to justify support for heating oil customers'
Increase of more than 500 patients for mental health services over last 12 months