Yeah I think it’s partly that. A couple of years ago I predicted this type of purgatory because of how the club is now held.
It is also worth remembering too Levy’s ownership of the club. He isn’t 100% certain to get a pay out if we are sold, so where’s his motivation to do that?
The key words in the following is potential beneficiary. Legally that doesn’t mean he would get anything on a sale, it’s up to the trustees of that trust to decide if he should get it. Going to blow a few brains that!
Daniel Levy and certain members of his family are potential beneficiaries of discretionary trusts which ultimately owns 29.41% of the share capital of ENICIL”.