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Grounds for Concern

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This is just a subjective article around the valuation of PP, unless they have carried out their own independent valuation then they can’t say with any certainty that is has been overvalued.

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The funny thing about this whole PP valuation thing is that the FL have already signed off on it. They can't be going back now and raking us over the coals for it because they might now feel like they had their pants pulled down after the likes of Gibson wet themselves over it.

It may well be the case that we have had them over it, but they signed off on it so if they don't like it perhaps they should have A, set better rules and B, done a bit more due dilligance at the time instead of wating for the other chairman to do it for them.

Edited by JuanFloEvraTheCocu'sNesta

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39 minutes ago, The Orange Pimpernel said:

So.…… Mel is selling up 100% but wanted to keep some involvement whilst boosting FFP?

This would make sense, but the news is investment is the more likely scenario, rather than a complete takeover.  

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