Quote Originally Posted by kettering_baggie View Post
There was a newspaper article today alleging a disagreement between Lai and the club management here, ‘Ken’ in particular. It stated that the club was back on the open market following the breakdown of talks with an interested potential buyer. The article suggests that the deal broke down because the offer didn’t meet Lai’s valuation of the club, the inference being that ‘Ken’ felt that it was the best Lai could hope for, under the circumstances, and that Lai was likely to use the parachute payments to recoup some of his original outlay. As I said, the future does not look bright.
Before the ‘owner’ takes anymore money out he should be paying back what he owes the club plus the interest