After the failure of the recovery of Peak 6 in 2018, ASSE will not be redeemed either in 2021. The shareholders of the Saint-Etienne club have just published a press release on Tuesday to indicate that “none of the candidates can enter in exclusive negotiation ”. KPMG Corporate Finance sent the results of the analysis of the takeover applications, which had to be presented by November 8.
The “recommendations” of the consulting firm are clear: “The legal and financial guarantees provided by the candidates are insufficient. The guarantees of investment in the development of the club or the guarantees of the origin of the funds have not been provided to date ”.
“The financial capacity of new candidates is indisputable”
If the shareholders assure that they “will continue the process of sale with the first candidates, if they bring to KPMG the financial and legal guarantees requested”, this clearly does not feel any time soon the end of the agitated Romeyer-Caïazzo era. As if to try to reassure the Saint-Etienne supporters more and more against the management, the press release is projected on new avenues.
“Shareholders are pleased to see that new candidates have come forward with files that meet the criteria requested by KPMG. They calmly await the recommendations of the audit firm concerning these candidates, whose financial capacity is indisputable, with a desire to conclude as soon as possible. »What if the year 2022 turns out to be the right one?