mat wrote:
IF someone pays out creditors 100% then do they need to bother with a creditors meeting? If someone were serious about buying club that would seem easiest way to make sure there bid won.
Good point Mat
Do we assume, then, that none of the bidders have made that promise? That would seem the logical conclusion. And that we have two bidders who have offered varying amounts to the creditors?
If Roberts really is serious, then paying off all the debt would hardly make a dent in his fortune!