As you know, I don’t normally do such things, but given the circumstances, we feel it’s important and fair that the support should know this. Obviously I won’t name sources, but let me assure you, I wouldn’t be posting this if :
a) I didn’t trust the source implicitly
b) they didn’t have a 100% track record
c) they weren’t as close to the situation or
d) it didn’t check out when we investigated it.
Allegedly;
• The bank are panicking
• Senior management are calling it ‘a PR disaster’
• They want out soonest
• Bain is not involved in the day-to-day running of the club
• Muir is effectively running the club
• Muir is hawking players to clubs
• If the club is not sold at least three first team players will be sold in January in an attempt to raise £10m. This will allow the bank to drop the price for the club to £20m. They believe this might encourage further investors.
The pressure that is being brought to bear on Lloyds IS having an effect. Keep up the good work Bears.
Dangerous times, but potential sunshine ahead.