Re: Bits & Bobs
Yes Exile the report in the i says that it could each Premier League club several million per season.
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Re: Bits & Bobs
Sadly andy it appears to be the case these days that when it comes to actually paying the money the bidder withdraws interest.
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The preferred bidders asked for a price for each scenario and didnt like the answer they got if it was to be for a league one club. The administrators would rather agree on a price that would apply whichever league they end up in. Believe they're now going to do it by a sealed bid auction and on that basis already one of the remaining six has pulled out refusing to bid for something they might not end up getting. The word is the preferred bidder wasn't the Rugby club as they would probably be the safest option but their bid compared to some of the others is pretty low. But it's very difficult for administrators to see much beyond the highest bidders however good some of the lower bidders would appear to be. |
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Non compliance with stage one exclusivity. Money could not be proven to be lodged with Solicitors and £100k non returnable bond not paid. I was told reason for that was thr need for due diligence first. |
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They were the preffered bidders because their offer to buy it as a championship club was the best on the table but their valuation of it as a League one club is a long way short of the administrators. Whereas the bid from the Rugby club is a lot less for the championship club but a lot nearer the administrators value of it as a league one outfit. However apparently over the weekend talks reopened with the original prefered bidders. |
Re: Bits & Bobs
Krasner does things by the book. Make an offer then show me the money by lodging in Escrow account with Legal Representatives.
Pay the non returnable bond - demonstrates commitment. By the way I know of one bidder whose offer was turned down and has lost his bond. That's how insolvency works. |
Re: Bits & Bobs
Any transfer rumours ..?
Heard a whisper that we my fancy the Keeper Adam Federici. |
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