Richard Cawley reports: '
Methven's group say price was agreed at £8.5m for 90 per cent of the club. And that deposit paid and banks funded. Then they got a letter from Sandgaard saying "I've decided not to proceed."
Thomas Sandgaard has confirmed that he called off the deal because of a failure to comply 'with very specific terms'. He says that he has a Plan B: https://londonnewsonline.co.uk/thomas-sandgaard-on-the-breakdown-in-takeover-talks-with-charlie-methvens-group/
Sandgaard said: "I know they were very interested at getting into the club but if you can't stick to the terms that you set up the original deal with then there is really nothing there. Eventually I had to say this can't continue."
He also says that a stronger contract will be offered to Dean Holden.
According to Ben Ransom of Sky: 'The consortium consisted of Gabriel Brener - who holds a stake in the Houston Dynamo - and Joshua Friedman.' Friedman is the co-founder of Los Angeles based hedge fund Canyon Partners.
VOTV website editor Rick Everitt has commented: 'Lots of questions about this. You don’t get that far down the line without some kind of commitment. Contracts get exchanged. Costs are incurred. In this case, people in the building.'
The Ramsgate-based fan added: '