Jeffrey of YOSPOS posted:

I, Jeffrey of YOSPOS, have reached an agreement with Lowtax to transfer all Something Awful LLC assets to me. No contract has been signed yet but these things take time and I want to make this announcement now. Obviously, if this falls through, you all will hear it straight from me.

Lowtax asked me to make clear that this is not an admission of any guilt. He maintains his innocence. However, he recognizes that the site cannot continue with him in charge, and the community and site are more important than his name.

This has been one of the most stressful and sad ~72 hours of my forums life and I'm sure everyone has a million questions and I'll plan on discussing this with the community tonight, after taking a few hours to catch my breath. Please don't burn down the whole site yet - we can get through this as a community.

This site has been extremely important to me since I joined 15 years ago. I love this place more than anything and, and top of everything else, the idea of it just going away was heartbreaking to me. My promise to all of you is that I love something awful as something awful, and my intention is to preserve all of the things that make this site incredible. This will be something awful, at its best, not any sort of weird vision of what something awful should be.