Speaking outside the court on Monday afternoon,Mr Spedding said the police investigation had a"devastating impact"on his life and that of his family.
Bill Spedding on Monday.The Sydney Morning Herald
"I know what I've been through is nothing compared to what William's families are going through now,"he said.
His solicitor,Peter O'Brien,said that Mr Spedding was considering legal action against the NSW Police,either for malicious prosecution or for the tort of misfeasance in public office.
Mr Spedding,who had been named as a person of interest in William's disappearance but has always maintained his innocence,told Strike Force Rosann investigators he and his wife Margaret went for a coffee,a citrus tart and a croissant that he paid for with the couple's joint bank card at 9.42am.
After drinking the coffee,the couple walked across the road to Laurieton Public School for an assembly at which a child relative was receiving an award,the court heard.
Bill Spedding has spoken about the devastating impact of being linked to the disappearance of William Tyrrell.
A receipt for Cafe Buzz was tendered to the court,which heard from local milkman Gordon Wiegold in a special country sitting in Taree last week that Mr Spedding had been at the school assembly at the time at which William disappeared - most likely 10.15am,with a potential 10-minute window either way.
The week before William disappeared,Mr Spedding had been to his foster grandmother's house on Benaroon Drive to repair her washing machine.
He had subsequently ordered parts for the machine,and planned to return to the home,the court heard.
Mr Spedding didn't initially realise that the Benaroon Drive home was the place from which William was taken upon learning that a little boy had disappeared from Kendall,because"my customer's name was not Tyrrell",the court heard.
He discovered what had happened when he returned to the home and found police at the address hunting for the little boy,the court heard.
Police were previously told that the Speddings'neighbour Dean Pollard had"definitely"seen Bill's van driving down a bush track in a"suspicious"manner the day after William disappeared.
,Mr Pollard told the Coroners Court that he had seen a van similar to Mr Spedding's driving out of the bushland the day after William disappeared and the van was not definitely Mr Spedding's.