Thursday 24 September 2020

Property is a problem with takeover

Thomas Sandgaard has tweeted: 'Wanted to give fans an update. Discussions have been moving forward positively so far, however the property piece remains an obstacle.' [Does he mean 'price' rather than 'piece'?]

Either way, VOTV editor Rick Everitt has tweeted: 'Oh look, it's Roland again, like every time in the last five years.'

One fan commented: 'This £50m will be a block to any bidder that wants to own the lot. All because Roland took ESI at face value and didn't do due diligence. We've got to be into double figures of interested parties that he's ruined negotiations with.'

Sandgaard also tweeted: 'If we can’t agree immediately, the players we have lined up to sign will go elsewhere and that would ruin our season. I personally don’t want to be part of a scenario where we cannot sign the players lined up. Let’s get this done.'

2 comments:

  1. He means 'piece' I think - it's a very common usage in US business that I heard a lot when working for a US company.

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