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I'm failing to see why it's taking so long to complete. There's not a great deal to buy. No ground, no training ground no assets. Only debt which they will either pay off or ask Hardy to settle. The £6m quoted as the asking price is a joke, what are you actually buying for that? There's always some other piece of due diligence to be done which has been going on for too long. I just hope Hardy isn't prolonging a very slow death.
The £6m is paying the debt. We owe about £1.4m to paragon interiors and £4.5m to paragon leisure, that kind of equates to £6m... Hardy won't see a penny but I suspect he's trying to get more so he will. The new owners will also have to pay HMRC and other creditors on top of that. They seem happy to pay the debts it seems but Leigh Curtis has said that they want Hardy on the hook for any debts they find in the future that relates to before the takeover. It's complicated and to be fair, the group seem to be doing everything by the book, hopefully we can have decent owners if this is anything to go by
Your question and points raised are valid.
If you were dealing with Hardy, you’d ensure there were no skeletons in the closet - this would take time.
As for the £6m figure. The purchase of NCFC could be part of a much bigger plan. Which Hardy is aware of, therefore pushing for the best price. This is clearly dangerous for NCFC, but also very dangerous for Hardy.
I’m pleased that the deal hasn’t been rushed through and the negotiations aren’t public like Hardy’s takeover.
One way or another, all will be revealed soon.
People making stuff up about Hardy making stuff up; one sentence posts from illiterates; posters "in the know" or have a friend of a friend who works at Meadow Lane or did work at Paragon but who daren't say any more; no deal and never was; I heard a rumour...; no buyers in the first place; there were buyers but they have backed out; HMRC will not tolerate any timewasting; no proof of funds; all the best players will have gone; points deduction before season starts; relegation again next season; ground to be sold to land developers - have I missed anything?
Well, have a nice weekend.
Only a Sunshine Coast feral would start a sentence with "And."