Ben Jacob’s reckons £200m + estimated £100-150m debt, full liabilities to be provided once EoIs submitted yesterday for running due diligence.
Simon Jordan saying detail is in the debt, owed to whom and when to be repaid, but nobody paying that sum for a L1 club. Scottish businessman thinking of buying it, trying to explain much lower offer in Ben Jacobs interview. Hasn’t got enough visibility of what debts are and to whom, so chipping price down which is understandable.
Compare it for what Saints went for (twice).