Atticus don't be coming up in here using the S-word FOOL!
edit: oh stumble bum beat me to it
lol
It looks likely that a sale will happen this summer, and supposedly 6 parties made bids last week, and we know the identities of three of them as I understand it:
Chinese Governmental Consortium led by Kenny Huang
Rhone Capital, a New York based Investment Company
The Al-Kharifi family, Kuwaiti Billionaires and friends of Hicks & Gillett
I still get the impression that the current owners (particularly Hicks) significantly overvalue the club - previous speculation has suggested they were after £750m-£800 but they are no longer in a position to hold out for such a figure. As Baz has said, RBS have forced them to alter the composition of the board, so that Hicks & Gillett might be outvoted if a reasonable deal is on the table but Hicks/Gillett decide they want more money. If anyone's got an article on that, I'd be interested to have a link. Couldn't find anything on my beloved beeb about it
Because I love a good conspiracy theory, I think the Al-Kharifis are in there as a shill, to try and drive the price up, after all Hicks & Gillett are running out of bargaining positions with RBS breathing down their necks.
