All the offers for the club have been for around £100m, so that's what we're worth, though at least two of those offers had part of that £100m dependant on staying in the Premier League this season. As Obi says, the £20m bank loan that covered last seasons shortfall is likely to have been paid off with the first of the Premier League money and it's likely the current debt to the Allams is £70-80m, as it has been for the past couple of years.
Chien Lee has definitely done one, the HDM said that the Chinese/German consortium are still involved, but I don't know anything about them.
Q: Heard about the new German-Chinese restaurant? A: The food is great, but an hour later, you're hungry for power
One more consortium left at the table.. will Ehab finally get it right or will he be pulling all the tricks out to mess it up again..?? Stay tuned folks..
Its a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential.
As the Allam's didn't do a proper due diligence and ended up paying over 20 million more than they were expecting it's their way of getting it back.