From bond holders
The trustee today confirmed that the offer for the property is £15.8m + £1.2m non- refundable exclusivity fee. It is on the basis of setting aside the legal charge so that the proceeds would be shared by ALL creditors. The price compares with the last known valuation of £51.4m...
RB have created one massive problem with Max. He now thinks he is bigger than the team.
Can anyone else not stand Russel. there is something about him that just doesn't sit right we me. Almost a bit slimy.
So Hottinger have been a sponsor of Wasps. CEO was a Director until last year.
Cant see any conflict of interest that CCC started tot talk to them to get a deal done.
Someone on the bond forum saying the offer is 15.8 million. 45p in the pound for bond holders.
Not sure that would be correct as other creditors will want their share.
Not sure if that’s Ashley’s offer or something unrelated