[Washington]

Seems to be quite a lot of meltdown going on about bids/no bids and the 0 point deduction or - 15 depending on the final sales price.

Because KW is one of the Adminisrators there appears to be some element of failure if he doesn’t deliver a mega billionaire with deep pockets.

In reality this is a business process and the BT remit is to obtain the best result for the creditors from someone who will pass the EFF/IR test. At the end of the day the club is only worth what someone is willing to pay for it and at the moment when faced with a definitive bid after more digging rather than and indicative one as previously posted it appears no-one wants to pay 30+ M.
So, it may come down to the best ‘worst’ bid. Who that will be still remains to be seen but there’s sweet fa we can do about it.