Quote: Adeybull "No.
It means that the directors HAD done that, but had not committed to put loads of their own money into the operation.
Lets see if Rot Hall can find some better idiots to pour their money down the sink, given that the last lot's offer was seemingly the best available?'"
Couldn't it be possible that the offer was better for the administrator, but not actually for the club?
ie. MM offers to pay £500k to the administrator, but this is as a loan investment which will be paid back to him out of Bulls income.
RL offers to pay £100k to the administrator, all from his personal funds, with no liability on the Bulls for this.
The administrator would have to take the first option wouldn;t he, his responsibility is to the creditors rather than the club going forward is my understanding.