Some new details have emerged on the takeover front late last night, with the Daily Mail’s Charles Sale revealing that Stavelely and PCP Capital Partners believe the club’s value will drop by £125m if relegated – providing a potential insight into what appears to be the main stumbling block in current negotiations.
The story in the Mail insists that Amanda Staveley IS NOT off put by the prospect of relegation, however it is clear she’s keen to factor this potential eventuality into the overall price – and it seems they believe our value would fall by £125m if this did occur.
As the Chronicle have suggested in their response to this new information, they’d either want to ‘pay £125m of the eventual agreed price at the end of the season if we stayed up’, OR, ‘they’d want a clause whereby Ashley must give £125m back if relegation occurs’.
As we know, it was reported a week ago today that Staveley was ‘very close’ to agreeing a £300m deal with Ashley, however it appears there’s a few stumbling blocks to overcome before that really is the case – and this is clearly one of them.
Thankfully, our potential relegation isn’t believed to be putting her off (if this is to be believed anyway), however it may be down to Ashley to compromise on a relegation clause if we want to see progress on this anytime soon. She won’t pay the full price for a club who are currently odds on to go down.
Amazing how much is known by these journo’s , especially as they have supposed to have signed a say nowt disclosure
Gerry Purdue(Quote)