Tuesday 17 March 2020

Third party challenge to takeover?

Richard Cawley has tweeted: 'Understand that could be a challenge by a third party over the transaction between ESI and Roland Duchatelet in terms of the deal agreed. Only people mooted before as potentially being in a position to do that are the ex-directors.'

According to Rick Everitt, three former directors have first call on the assets and can prevent new charges being added.

Rick Everitt has recently tweeted: 'Ex-directors’ move to void sale to ESI is good news for Charlyon - they are the only people involved who we know have the best interests of the club at heart. No confidence in anyone associated with ESI and no certainty Nimer can put in required funds anyway.

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