Swann simply wanted the chance to maximise his sale. As a bit of a gambler, he eschewed a sizable offer for the club, stadium, and land from the local consortium that would have also seen them pay off tax debts and provide additional profit right then and there, along with the massive wage payment that was made not as a donation, but as a down payment. Remember, it was announced the same day as the initial sale agreement.
Instead, Swann rolled the dice on a man who presented himself as a legitimate businessman and said he could deliver the price Swann requested… in six or so months.
Hilton, as he’s called now, also took a gamble on himself, and now he is in a right mess, searching for capital everywhere he can, offering that which he doesn’t have as collateral.
Hilton is now under great pressure from multiple parties.
Unfortunately for Hilton and his partners, he cannot simply petition to have this club dissolved and disappear without filing accounts. Perhaps he will find the money and the club will have a happy ending to a new beginning and kick on from there. We shall see.
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