Since the Joint Receivers appointment by the Court on 13 February 2019 they have attempted to be as communicative and transparent about the Receivership process as possible, given the bounds of confidentiality that need to be observed.
Hilco Global was appointed on 29 March 2019, to manage the bidding process, which includes due diligence in respect of potential bidders, verifiable proof of funding and the subsequent provision of information to cleared bidders. As stated previously, the deadline for prospective bidders is 15 May 2019. At this time the Joint Receivers will carefully review all bids received and determine the most appropriate way to conclude the sale of the Club and associated football assets.
The loyal and passionate fan base of the Club are one of its most important assets and the Joint Receivers would like them to know that they are committed to securing a new owner for the Club, which will herald the start of a new and exciting chapter in this Club’s great history.
The Joint Receivers will communicate further at the appropriate time.