Louis was certainly asking a lot more than that for it. I have no idea whether someone has met his crazy high valuation, or whether he's negotiated down, but I understand a deal was done, and they were looking to tie it all up this week. I think any delay is purely due to solicitors not being particularly keen to be doing a lot of work over Christmastime. Assuming it's a consortium of people taking over, there may be several solicitors involved. Hopefully, it's still all on schedule to be sorted before the AGM.
I was thinking that having Ipswich on board would cancel the need for the 5th team, which has been looked into, but I'm hearing that this is still going ahead too at the moment. I'm sceptical, and it's hard to get good information, but I'm led to believe that Ipswich being sorted doesn't necessarily mean the 5th team will be dropped.