Takeover

[wba13]

I hope this is right and the takeover is close. This is from another forum.

The article is by Matt Slater who is their lead journalist on all things football finance and as such is a credible source and having named names I suspect those names are in the frame or were at some point in the process.

I would point out that we have entered into a period of exclusivity and every other source including Percy are saying it is the American bidders. On that basis I think we can discount the Farnell Group and NOAH football. That leaves Shilen Patel and that bid is reported to be favoured by MSD.

MSD have always had a pivotal role in this. If they have an opinion on anything to do with the club what they say goes because if for whatever reason they chose to demand the loan repaid then the club is in administration which is game over for Lai or any other prospective owner, unless they have £28m plus the interest to tell MSD to go to hell. I don't think the other suitors have that kind of money.

I suspect therefore that Shilen Patel is the party in the final stages of the takeover.