Before I start I will say that it seems very likely that our Club has a few things to be grateful for in the SD/ CM takeover, not least that it seems no one else was queuing up and there was every chance that Administration was on the cards with ES deciding he had had enough. However recent reports from the Times are starting to make your comments that “people in the South would not question the investment made by the US consortium as they understood business better”, look rather desperate, and it’s the fact that we aren’t thick in the north and care about our club that the issues regarding the takeover, the investment, and the sale price, won’t be brushed under the carpet.
Let’s go back to the takeover announcement and the very clear statement from SD “We’ve given Ellis £40m, do that’s the deal, and in return Ellis has tidied up (written off) his debt”. Clear as a bell, the consortium has paid £40m for the shares of our club. If only. It then emerged that £25m was deferred. The Daily Mail’s version of the deal is th