Some interesting comments from the ST's Ian Bridge on this 15 minute interview yesterday.
He clearly stated that
- the ST does NOT have 21 days exclusivity from the Administrator from when the club is put into Administration,
- are NOT looking to buy the club - so presumably there would be no need for anyone to join in with the ST in order to get first dibs on the club?
- WILL not prevent any other reasonable purchaser from buying the club within the 21 days.
- he stated though that the Administrator has to market the club for sale for 21days - so I am unsure if he's saying Pre Pact Admin can come into being without having to wait three weeks, or not? An apparent contradiction/miscommunication from him on this point?
- He also more or less admitted that there were NOT any 'high net worth's' available to buy the club even out of Administration and put out a plea for anyone to join them in raising a local bid.
I'm not having a pop at him or the ST but it does seem to put to bed some of the things we have been led to believe in the past (dare I say even been told as such from the ST themselves previously).
The interesting stuff is from about 7 minutes in.
Worth a listen imo, particularly if you just start around the seven minute mark.
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