Eventually, I'm meeting him on Monday.
Basically though, the gist of it is:
There's been no concrete offer.
A concrete offer will be considered, accepted if good enough, then enter into NDA and due dilligence to adjust offer accordingly.
Who are the consortium's lawyers and who are they representing? Bill or the Consortium?
In all honesty, I don't know the answers and that worries me slightly. If the board are insisting on an offer before due diligence, why not make one roughly based on the valuation of the club last year? Or even the last set of accounts? Any offer will not be legally binding and can be changed or withdrawn surely, so what's the problem?
The consortium perhaps need to compromise in order to achieve their goal.
That's an excellent post Sonic.
