Gerald Krasner was quoted during the press conference as saying: "He did not have a complete exclusivity agreement. If I got a better offer, he was allowed to bid again. He had semi-exclusivity on the basis he was funding. Nobody else has even bid. If I'd got a better offer, he'd have had to match that offer".
Hhe went on to say: "It is the only offer. If you're selling your house for £100,000, sorry we're in Bournemouth, for £500,000, and somebody offers you £480,000 and it's the only offer - it's the only offer. The only thing that's differed from the day one strategy I had is that I only got one offer and not two. I expected at least two offers. Out of 16 letters sent out, two would have been a reasonable response. At least Bournemouth have a chance of sorting it out, coming out clean with no debt and going forward".