30-12-2014, 02:17
Whether Somers or any other board member feared his position would be on the line is irrelevant to the whole King saga!! At the end of the day he did not show proof of funds as would be required by anyone and he wasn't willing to name his consortium, something that I imagine would be required by the board and probably by the stock market!! He could easily have provided a list of names and had a confdentiality clause built into it, but his reluctance to name who was actually putting up the money would be a very big red flag for any club looking at investment!!!