Friday, 19 June 2020

Roland will have to lower valuation say bidders

The Sub-Standard reports: 'After further talks with Elliott this week, it is thought Varney and Barclay are now seeking further documents to gain a greater understanding of the situation behind the scenes as they make background checks before deciding whether to press ahead with a takeover bid.

'They hope Duchatelet would be willing to co-operate if a deal is on the table but the Belgian would need to lower his valuation of the Valley and the training ground.'

The full reports is here:

It will be interesting to see what the football coverage at this paper will be like when Gideon Osborne becomes editor-in-chief at the end of September and Dave Cameron's sister-in-law takes over the role.

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