Here is the Voice of the Valley take on the current situation:
In addition Rick Everitt tweeted on Thursday as follows:
"Sandgaard is aiming to sell 80% of #cafc for £11.3m, but contributions as small as $75k are being sought from small investors in Texas, which suggests group lacks serious funds and no Valley purchase is likely. Potential small investors are being told of recent appointments (including Rodwell, Warrick, Holden, Scott) and also that major cost reductions are feasible following bad management."
"CAFC ownership update: can confirm Sandgaard has signed a deal with Methven group, with exclusivity period for due diligence. But no EFL approval in place yet."
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