Damocles

Amazing news! Although do spare a thought for the many small hotel creditors who achieve a significantly worse result, a lot of them are fans too.

That would require BACS payments to be submitted today.

Well that would be very naughty indeed, for example if EDT loaned him £3M but only £2.5M made it to the club, who picks up the shortfall?

I suppose the question is how much did EDT loan KA and how much made it to the club.

Lovell Sports Ltd Registered Address is the same as Sports Direct

Also to include, how intense was the ‘marketing’ phase if it only delivered one bidder? How much did the £25k (non returnable) fee put bidders off?

I’m eager to find out which farm animals shit you will refer to next.

Sorry, that’s just what I have surmised from Iles’ tweets as that’s the only relationship between the two parties, fiscally. Thanks though for the (as ever) valid input.

So it looks like KA doesn’t trust EDT to waive part/all of the £5M he owes them.

Possibly a Direct Message, Lee.

Little being greater than none, of course.

Thank you for this, unfortunately I, like many others, pay little attention to your comments.

Yes, and I think Nixon’s tweets allude to this. Administrator went to court to get legal protection for accepting a ‘lower’ bid. KA potentially agreed to FV deal until he discovered the value of the Kamani bid, at which point he (maybe even rightly) reneged.

Assume Kamani’s were able to make KA aware of their bid structure. The legal process in midweek suggests one of the administrators needs protection against possible recourse.

Jack Sullivan new manager