E
exiled tic
Guest
To be honest LMB i have lost trust with these administrators, Good cop bad cop act has worn a bit thin now,when you are trying to find a buyer why accuse one group of breaking the NDA in what seems to me a disdainful way? it seems to me they have decided who they want and are blinkered to any other offers!These yanks will go away now that they have had this thrown at them ,leaving the way clear for their favourites!Leneghan looking certain now i would say!!This latest announcement is confusing based on what we know and things the administators have said in the past.
If the 25 mill loan demand has been withdrawn and the 10.7 million debt is an inter company paper debt between two of the four WAFC operating companies that will be written off at some stage during administration, then the outstanding football debts are being paid by the firesale taking place at the moment that leaves only the outstanding wages, Government Revenue and small creditors to be paid which I assume is the so called asking price of about 5 million, if this is so what the flaming hell are we doing in admin.