16-01-2015, 10:29
I think it's fair to raise at least the possibility of legal action against members of the board at this stage. Despite there being other possible offers on the table they've put a bar on anyone but Ashley being able to get security on the stadium, and if the Three Bear are to be believed they're either borrowing more than they need from Ashley or have never asked other parties to increase the loans they've offered. The same goes for the Sarver offer - they didn't even try to get him to up his offer. Basically members of the current board appear to be looking after the interests of a particular shareholder or shareholders, and are not acting in the best interests of the company as a whole as is their legal duty.