Eight Interested but several already ruled out - Bleazard

Last updated : 03 April 2008 By Deano
A press release on the club's official website at PM on Wednesday April 2nd from Bleazard and the company XL Business Solutions tells us that eight parties have been in discussions with the club about a takeover deal, but 'several', which MillersMAD believes to be two, have been ruled out of the equation.

Bleazard himself spoke about the situation:

"When any business is marketed, there is a procedure to follow. Part of this procedure is signing a confidentiality agreement and providing proof that monies are available to fund the purchase. Unfortunately, a number of interested parties have failed to meet this criteria.

"Sales packs have been distributed to those parties and I am looking for formal offers for the club to be received by close of business on 11th April.

"One player has chosen not to sign a wage deferral.I have taken advice regarding this player and I am currently considering the options available."

"I have reported previously the cashflows for the club are extremely tight, until a purchaser can be found. These cashflows have been prepared based on a level of income generated from fans coming through the turnstiles.If fans do not turn up to the remaining fixtures there is no income stream and the club would not be able to trade.

"I am hopeful the loyal fans of the club, the people of Rotherham and football fans in general will turn up to Saturday's game and to the other two fixtures to help save the club and to show potential investors the fantastic support this club generates."

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