Wednesday, July 11, 2007

Rumour, rumour, rumour

Well deadline day has come and gone. Bids had to be in by 5pm in Monday and supposedly there should have been an announcement on Tuesday. KPMG have delayed and rumours abound. Ken Bates has a bid on the table. That is the one thing that is a racing certainty. Rumour has that there were two or three other bids. However it is not clear whether or not this is bids or bidders. Redbus plus Morris could be two bidders with one bid or two bidders with two bids. Pearson and Wilkinson are rumoured to be another bid.

The best rumour so far is that another consortium has put a bid in for Leeds and have promised to pay off all debts thereby removing the possibility of legal action and have also promised funds for the day to day running of the club. The suggestion is that they will provide £20m and an announcement will be made (possibly tomorrow) once KPMG has proof of funds. If so you heard it here first!!

Exits nerves shattered clutching straw firmly.

No comments: