I'm confused by this -thecaptain wrote:
What information is out there is that Paul and Andy got a fair price for the club, the club is being prudent and not spending beyond it's means and it was confirmed several times there's still a fair chunk of wedge in the bank post takeover from the euro run.
Andy and Paul got paid whatever was agreed/ the going rate and the cash in the clubs bank account was left as is from the euro run was the general gist of things, despite the lads being well entitled to take a dividend before they sold up, though the cash in bank was a massive asset on the books for Peak6's interest in buying the club, as far as I was aware and from what I was told?
1) Is there any reliable information about the purchase price paid by Peak6 or any other elements of the deal?
2) Where/by whom was it "confirmed several times" that the previous owners did not extract a dividend and/or that the purchase deal included the euro cash in bank?
3) is there any reliable evidence available to anyone (including Gavin, James, or Gerry) to indicate whether or not a leveraged buy out is in place?
My understanding was that all of the above is not in the public domain