Seems very reasonable to me. One can only speculate on the liabilities of the Club but they would include the full value of the players' contracts, the cost of potentially laying off staff or taking additional staff on as well as discharging the the liens or charges on income as a result of Administratiion.
Once that has been taken into account what is there left? Probably about 3 millions worth of Goodwill and not much else.
Shareholders not only enjoy the profits but also the losses and liabilities of a Company.
Finally all the alternatives can come out of the woodwork now. Surely none of these other 'bids' can be as measly as this.
:icon_lol: :icon_lol:
If the best alternative is a ground sharing scheme that means the richer Club will swallow up City then I don't think MM has much to worry about.