As much as I don’t like the way this guy works, he tells it as it is. I will always believe that they didn’t need to let it get this far, I think it would have been perfectly sane to sell the club the day after the Hong Hong guys said they didn’t want anything.
The new owners could have paid the debts and then sold off what they needed to at a much bigger rate than these guys have sold for, therefore still paying creditors without getting rid of as many of the assets. It would have been their choice to run with what was left, or sell to get the wage bill down and put money in our coffers.
Doing what they have done was unnecessary, but we are where we are, because they didn’t have experience of football and how it runs… plus what buyers want.