With apologies for starting a new thread on a previous topic , but some media updates today which cast a slightly different light on things from independent sources.

The Echo has an article written by Tom Coleman which contains quotes from Keiran Maguire. Keiran is perhaps the leading football finance expert in the UK and tries to suggest what the value of CCFC might be at present at League 1 level ,including doing some comparisons with other deals, with reference to the reported interest from a consortium fronted by Gareth Bale.

Keiran estimates the club may be valued at between £30m and £35m (based on 2x annual turnover) which represents a very large loss for Vincent Tan should he contemplate a sale at the present time. He mentions the current debt due to Tan as £117m but the actual figure at 31 May 2024 in the audited accounts was £75.7m (I think Keiran has included the debt due to Torman Finance in his figure).

The above figures are why a number of commentators with knowledge of such matters are saying it would be inadvisable for Vincent Tan to sell the club in the near future until its fortunes improve.

For the first time I have seen it being reported there is mention by Keiran of one of the likely consortium members involved in looking to buy the club - the U,S private equity investors the Storch family.

In a separate, but related matter there is an article dated 16th June in Private Equity Insights , a publication specifically dealing with private equity matters, giving The Telegraph as its source. This states that , despite denials by Gareth Bale recently, a US consortium have had preliminary talks to acquire Plymouth Argyle , have signed confidentiality agreements to gain access to documents need to carry out due diligence work but have not so far submitted a formal offer. It is possible,of course, that Gareth wasn`t advised of this other offer when he was asked.

I think that the above just indicates that the true position regarding CCFC and the consortium interested in the club is far from clear.