I'm not having this excuse that seems to be being trotted out by the Frampton camp in Paul Kendrick's article.
Back when they first appeared they claimed to have put a bid in first to get exclusivity but had no idea they needed a deposit to have their bid accepted or get that exclusivity
Then when asked directly whether they would have any issue putting a deposit down he fudged the answer & at best said they'd look at it but it'd come off the selling price
Then they came out with that the admin should never have granted exclusivity to any one group coz that's not how you do it in business even though they'd previously stated that they wanted & asked for it
Then they would have the deal done in 14 days if they were allowed to bid
Then exclusivity wasn't an issue but take a deposit from all bidders & give those back that don't pass the checks
Then they've allegedly put their bid in & provided proof of funds
And now they've backed out because they're "frustrated with the administrators" - Give over. if they were ever as serious & as ready as they've claimed previously, a bit of heel dragging by the administrators (if true) wouldn't stop them as others have pointed out
If this group were as wealthy with as lofty a plans as Frampton has claimed, going straight in with the £3mill as soon as the Spanish were booted out would have been nothing to them as that is such a small proportion of what the group needed to invest