Sep 20 2009 by Neil Farrington, Sunday Sun
United have now confirmed that a bidder, understood to be Barry Moat, has met Ashley’s £100 million asking price – three months after Llambias claimed “at least two” £100 million-plus offers had been received.
But with Moat still to convince club bankers Barclays to extend him the same overdraft privileges as they do to United now, Ashley knows he may have to wait things out a while longer before offloading the club.
As revealed in last week’s Sunday Sun, two American-based groups are in talks with Ashley and have now completed the due diligence process.
But they have yet to put firm offers on the table, further suggesting a resolution to what has become a tortuously drawn-out saga remains some way off.