Interesting article (and good photo of the ground). You may need to zoom in......
One of the things that caught my eye is some info on shortlisted bidders:
- John McEvoy (shareholder in both an NHL Ice Hockey team and Major League Baseball side
- An un-named American group "with vast amounts of money they are willing to invest....."
- Anders Holch Povleson (Danish Billionaire and owner of clothing firm Asos)
- Un-named Dubai based businessman
- And, of course, Ashley (apparently bidding £20mm which is not reckoned to be sufficient).
All the above are said to have "substantial wealth". The sale process has apparently been delayed a few weeks, but for good reasons; the number of credible bidders requires more due diligence than had been expected.
One fly in the ointment is that some of the bidders are said to have cooled their interest, a) because the asking price has apparently crept upwards, possibly to up to £40mm, and b) because they're not happy about potentially paying off Chansiri in order to avoid a 15 point deduction next season.
In terms of the actual investment needed, it's estimated that the new owner will need to cough up £100mm in the short term. This figure includes not just the club and the ground, but refurb costs for the stadium and a virtually completely new squad. (One analysis of the squad suggests that with a few exceptions the squad is of non-league or L2 standard).