Quote Derwent="Derwent"According to the trade press her purchase price bid was the lowest of all the bids. That's no good to the administrator, he doesn't care if she has £100m to invest in the club after its purchased, its the cash he can realise now for the creditors that is his priority.'"
This is missing the point, though. A bid only remains a bid for as long as the potential buyer remains in the frame. Once the RFL fsck them off, or else they fsck off of their own volition, they are no longer a bidder and theirs is no longer a bid.
All Mandy Koukash therefore needs to do is wait until the RFL fsck off every other bidder, so she remains the only game in town, and then Mr. Wilson will have no alternative but to accept her bid.
That will leave just the RFL to contend with, and I suspect the Koukashs are more than able to hold their own with them.
Clearly, it is better for the administrator to accept a bid of around £300K than it is to liquidate. Else he would have liquidated. I'm not sure what on earth "assets" there might be to "realise" but based on that figure, it clearly is broadly comparable with the worth of a carrot.
