TAN had a good offer to sell the club, but told them to sod off?

[xsnaggle]

I'm not pretending to have any insider knowledge. The businesses that I know that Tan is involved in, and this is in the public domain are in retail, hotels, McDonald's franchises and car sales. All those have been affected by the pandemic. In that scenario cash flow is not going to be good and it really doesn't take a chartered accountant to suggest that he ought to consider selling loss making businesses. Doesnt mean to say he will though.

But a lot of those businesses, if they are not trading they just lay the staff off, so overheads are reduced, and if he got rid of them then in 12 months time somebody else would be making all the money from them. As someone else said, you don't sell at the bottom of the market.