The Birmingham Mail are saying that Milan Mandaric has had a bid for the club turned down, even though it met Xia’s financial demands and I’m again wondering why?
And then it turns out that Wyness isn’t suing for “wrongful dismissal”, but is accusing Xia of “tortious interference” instead;
No, I didn’t know what it was either, but put simply, it’s where an owner prevents an officer from complying with his legal obligations.
The article states that “the implication would be that he was prevented from seeking insolvency advice and / or investment for AVFC by Xia, despite his fiduciary responsibilities to do so.”
Which is pretty much what we thought.
The interesting or probably worrying part though, is the following;
“The further implication of this is twofold; that Xia cannot let the club go into administration nor can he sell the club.”
Now, I don’t quite understand this, as it seems to me that if Xia sells, there would probably be some sort of agreement to sort out the debts.
But it’s always possible that I’m missing something, in which case perhaps you can enlighten me?
Is it the fact that Xia is being sued that makes it impossible for him to sell?
I don’t know, but whoever is leaking this stuff seems to know what they’re talking about and it certainly fits with Xia’s statement that the club isn’t up for sale.
I’m not sure if I fancy Mandaric coming in. From memory it seems fans loathed him, but there’s no doubt he leaves clubs on a much better footing and if that’s what’s required, maybe he might be good for the club, if not us supporters.
Whatever, if this story is true, it’s all very worrying, as we might very well be stuck in total limbo.